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Triveni Engineering & Industries Ltd Major Shareholding Notification 2023

Sep 13, 2023

60806_rns_2023-09-13_08296c9b-54a5-42a5-86b7-fd8cb5ee78ca.pdf

Major Shareholding Notification

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BSE Ltd. National StockExchange ofIndiaLtd.
P.J. Tower,, Exchange Plaza,
Dalal Street, Fort, Bandra-Kurla Complex, Bandra(E),
MUMBAI-400 001 MUMBAI-400 051
e-mail- [email protected] e-mail [email protected]
STOCK CODE: 532356 STOCK CODE: TRIVENI
1 NameoftheTarget Company (TC) Triveni Engineering & lndustriesLimited Triveni Engineering & lndustriesLimited Triveni Engineering & lndustriesLimited Triveni Engineering & lndustriesLimited
2 Nameoftheacquirer(s) STFL Trading and Finance Pvt. Ltd.
(eSTFL')
3 Name ofthe stock exchange where shares ofthe National Stock ExchangeofIndiaLtd.
TCare listed. BSE Ltd.
4 Detail ofthetransactions including rationale, Date ofTransaction: I 1.09.2023
ifany, forthetransfer/ acquisition ofshares.
Acquisition of 88,88,889 equity shares of Re 1/-
each ofTC by STFL from Mrs Rati Sawhney by
way ofinter-setransferbetween Promoters.
5 Relevant regulation underwhich theacquirer is Regulation IO(I) (a) (ii) ofSEBI SAST
exempted from making open offer. Regulations, 2011.
6 Whether disclosure of proposed acquisition was required or be made under regulation 10(5) and
ifso
Whetherdisclosurewas madeand whether it Yes. Disclosure under Regulation I0(5)was made
was made within timeline specified under the within timeline specified undertheregulations.
regulations
Date offiling with thestock exchange 04.09.2023
7 Details oftheacquisition Disclosure required to Whether the
bemadeunder disclosure under
regulation 10(5) regulation 10(5) are
actuallv made
(a)Nameofthetransferor/ seller Mrs. Rati Sawhney Yes
(b)Dateofacquisition I 1.09.2023 Yes
(c)Numberofshares/ voting rights in 88,88,889 equity shares Yes
respect oftheacquisitions from each
persons mentioned in 7(a)above
(d)Total shares proposed to be acquired 4.06% Yes
/actually acquired as a % ofdiluted share
capital ofTC
(e)Price at which shares areproposedto be Rs.348.90 per equity Yes
Acquired/ actually acquired share
8 Shareholding details Pre·-Transaction Post -Transaction
No. of % w.r.t No. of % w.r.t
shares total shares total
held share held share
capital capital
ofTC ofTC
a Each Acquirer/Transferee()
STFL Trading and Finance Pvt. Ltd. 70788187 32.34 79677076 36.40
b Each Seller/ Transferor
Mrs Rati Sawhnev 15126737 6.91 6237848 2.85