VIRYA RESOURCES LIMITED — Major Shareholding Notification 2021

Aug 27, 2021

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Ref : BSE/Gayatri/08/21/1 Date: August 27, 2021

To,

The General Manager, The Department of Corporate Relationship, The Bombay Stock Exchange Limited., 25th Floor, Phiroz Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001

Dear Sir/ Madam,

Sub: Submission under Regulation 29 (1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011–Reg.

Pursuant to SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, We herewith submit the disclosure under Regulation 29 (1) of SEBI (SAST) Regulations, 2011 with regard to Acquisition of 11,24,700 equity shares in Gayatri Tissue and Papers Limited.

Kindly acknowledge the receipt of the same.

For VR INTEGRATED PROJECT MANAGEMENT PRIVATE LIMITED

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NANCHRAIYA SHIVA RAMA KRISHNA PULAKANAM Director DIN : 08623181

@v

Format for disclosures under Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

	Name of the Target Company (TC)	Name of the Target Company (TC)	GAYATRI TISSUE&PAPERSLTD.	GAYATRI TISSUE&PAPERSLTD.	GAYATRI TISSUE&PAPERSLTD.
	Name(s) of the acquirer and Persons Acting in Concert (PAC) with the acquirer		VR INTEGRATED PROJECT MANAGEMENT PRIVATE LIMITED
	Whether the acquirer belongs to Promoter/Promoter group		YES*
	Name(s) of the Stock Exchange(s) where the shares of TC are Listed		BSE Limited
	Details of the acquisition /	~~disposal a~~s follows	Number	% w.r.t. total share/voting capital wherever applicable *() **	% w.r.t. total diluted share/voting capital of the TC ()**
	Before the Acquisition /~~Transmission~~under consideration, holding of: a) Shares carrying voting rights b) Shares in the nature of encumbrance (pledge/ lien/ non-disposal undertaking/ others) c) Voting rights (VR) otherwise than by shares d) Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the T C (specify holding in each category) e) Total(a+b+c+d)		NIL NIL NIL NIL NIL NIL	NIL NIL NIL NIL NIL NIL	NIL NIL NIL NIL NIL NIL
	Details of Acquisition~~/Transmission~~ a) Shares carrying voting rights acquired/sold b) VRs acquired /sold otherwise than by shares c) Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) acquired/sold d) Shares encumbered / invoked/released by the acquirer e) Total (a+b+c+/-d)		11,24,700 NIL NIL NIL 11,24,700	74.98% NIL NIL NIL 74.98%	74.98% NIL NIL NIL 74.98%
	After the acquisition/~~sale, holding~~of: a) Shares carrying voting rights b) Shares encumbered with the acquirer c) VRs otherwise than by shares d) Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) after acquisition e) Total (a+b+c+d)		11,24,700 NIL NIL NIL 11,24,700	74.98% NIL NIL NIL 74.98%	74.98% NIL NIL NIL 74.98%
	Mode of acquisition / sale (e.g., open market / off-market / public issue / rights issue / preferential allotment / inter-se transfer etc.)		off-market
	Salient features of the securities acquired including time till redemption, ratio at which it can be converted into equity shares, etc.		Not Applicable
	Date of acquisition /~~sale of shares / VR or date of receipt of~~ ~~intimation of allotment of shares,~~whichever is applicable		27.08.2021

Equity share capital / total voting capital of the TC before the said acquisition /~~sale~~	Rs. 1,50,00,000/- divided into 15,00,000 equity shares of Rs.10/-each
Equity share capital/ total voting capital of the TC after the said acquisition /~~sale~~	Rs. 1,50,00,000/- divided into 15,00,000 equityshares of Rs. 10/- each
Total diluted share/voting capital of the TC after the said acquisition	Rs. 1,50,00,000/- divided into 15,00,000 equity shares of Rs.10/-each

For VR INTEGRATED PROJECT MANAGEMENT PRIVATE LIMITED

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NANCHRAIYA SHIVA RAMA KRISHNA PULAKANAM Promoter

Place: HYDERABAD

Date: 27.08.2021

Note:

(*) Total share capital/ voting capital to be taken as per the latest filing done by the company to the Stock Exchange under Regulation 31 of the SEBI(LODR) Regulations, 2015.

(**) Diluted share/voting capital means the total number of shares in the TC assuming full conversion of the outstanding convertible securities/warrants into equity shares of the TC.

(***) The Equity shares were acquired through off market pursuant to Share Purchase Agreement dated June 01, 2021 executed with Mrs. T. Indira Reddy promoter of the Company and as per Regulation 3(1) and Regulation 4 of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 and subsequent amendments thereto (“SEBI (SAST) Regulations”), we have given open offer to the other shareholders of the Company to acquire the shares in accordance with the SEBI (SAST) Regulations.

As per the Regulation 31(A) (10) of the SEBI (LODR) Regulations, 2015 it was disclosed in the Letter of Offer dated July 15, 2021 issued by the Acquirer, that the intention of the Seller (i.e Mrs. T. Indira Reddy) upon completion of the Open Offer formalities, shall be de-notified as a promoter.

Pursuant to the above M/s. VR Integrated Project Management Private Limited has acquired the status of the Promoter of the Company by acquisition of 11,24,700 Equity Shares constituting 74.98 % of shareholding in the Company.