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Tera Software Ltd. — Major Shareholding Notification 2021
Mar 19, 2021
61455_rns_2021-03-19_3a6530e1-62a8-4844-be45-69d46ade17af.pdf
Major Shareholding Notification
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Date: l9th March,2D2l
BSE Limited National Stock Exchange of India Limited
F.J. Towers Exchange plaza,Bandra Kurla complex, Dalal street, Mumbai - 400 001 Bandra(E), Mumbai - 400051
Scrip Code: 533982 Symbol: TERASOX'T
Company Secretary Tera Software Limited Plot No.l107, Road No.55 Jubilee Hills-500033 Hyderabad.
Sub: Post Intimation under Regulation 10(6) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 201I for acquisition of shares.
Dear Sir,
As due compliance of Regulation 10(6) of SEBI (Substantial Acquisition of Shares and i f:":.:l}:g:latio1s, zot t the.under'signed b:Te. th" promoter of the Company, disclosing the Post Intimation after acquisition in the specified format in respect of inter-se transfer of 18,00,000 shares (14.39%) of Tera Software Limited as detailed in the disclosure as attached.
Thanking You.
Yours truly,
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TTJMMALA RAJASEKHAR Promoter & Acquirer
To
Ilisclosures under Regulation l0 (6) - Renort to Stock F'.*chanses in resnect of accuisition made in reliance upon e.emption provided for in Regulation l0 of ST'Ri (Suhsta;ti;m and Takeovers) Regulations. .01I
| 1 | Name of the Target Company (TC) | Tera Software Limited | ||||
|---|---|---|---|---|---|---|
| ) | Name(s) of the acquirer (s) Tummala Rajasekhar |
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| J. | Name ofthe stock exchange where shares lfthe TC are listed |
l) BSE Limited and2) National Stock Exchange of India Limited |
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| 4. | Details of the transaction including rationale, if any, for the transfer/acquisitior ofshares. |
Inter-se Transfers between closed relatives and Promoters through Gift as follows: 1) 5,03,718 shares from Tummala Gopichand (HUF) 2) 6,96,282 shares from Tummala Gopichand 3) 6,00,000 shares from Tummala Pavana Devi |
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| 5. | lelevant sub-clause of regulation l0(1)(a) rnder which the acquirer is exempted from naking open offer |
Regulation l0(l)(a) (i) and (ii) of SEBI (SAST) legulations,20ll |
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| 6. | Whether disclosure of proposed acquisition was required to be made under regulation l0(5) and if so, - Whether disclosure was made and whether t was made within the timeline specified rnder the regulations. - date of filing with the stock exchange. |
Yes 1 lth March,2021 |
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| 7. | Details of acquisition | Disclosures required to be made mder regulation l0(5) |
Whether the lisclosures rnder :egulation l0(5) are rctually made |
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| a. | Name of the transferor/Seller | 1) Tummala Gopichand (I{UF) )) Tummala Gopichand l) Tummala Pavana Devi |
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| b | Date of acquisition | lTth March,202l to l8th March,202l |
Yes | |||
| c. | Number of Shares/ Voting Rights in respect of the acquisition from each person mentioned in7(a) above |
l) Tummala Rajasekhar rcquired 5,03,718 shares from lummala Gopichand (HUF) Z) Tummala Rajasekhar acquired i,96,282 shares from Tummala 3opichand l) Tummala Rajasekhar acquired i,00,000 shares from Tummala )avana Devi |
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|---|---|---|---|---|---|---|---|---|---|
| d | Total shares proposed to be acquired/ actually acquired as a%o of diluted share capital of TC |
14.39% | |||||||
| Price at which shares are proposed to be acquired / actually acquired |
Nil (being inter se transfer of ;hares without consideration retween promoters) |
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| 8. | Shareholding details | Pre-Transaction Post-Transaction |
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| [o. of rhares held |
Yow.r.t. .otal share :apital of TC |
\Io. of ;hares held |
o/ow.t.t. :otal share :apital of TC |
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| a | Each Acquirer/ Transferee | ||||||||
| l. Tummala Rajasekhar - Acquirer | 102461',, | 8.1! | 28246 i | 22.51 | |||||
| b | Seller (s) | ||||||||
| 2. Tummala Gopichand fiUF) | 50371 t | 4.03 | 0.0( | ||||||
| 3. Tummala Gopichand | 189283( | 15.1 | lI9655t | 9.5i | |||||
| 4. Tummala Pavana Devi | 1r7476( | 9.39 | 57476( | 4.5t |
Place: San Jose, Califomia Date: l9thMarcb,2l2l
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Signature of the Acquirer & Promoter Name: Tummala Raj asekhar