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Visagar Polytex Ltd Major Shareholding Notification 2021

Aug 7, 2021

63430_rns_2021-08-07_db05e4f4-30f5-481a-8b23-b4180f442fa5.pdf

Major Shareholding Notification

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TILOKCHAND KOTHARI

Flat No. 702, 7th Floor, Vijay Villa, Vidhya Villa Compound, Nagar Das Road, Andheri (E), Mumbai -400 069

Date: 07.08.2021

The Secretary BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai. BSE Scrip ID - VIVIDHA BSE Scrip Code - 506146

The National Stock Exchange Limited Exchange Plaza, Bandra Kurla Complex, Bandra (E), Mumbai - 400 051. ISIN Code-INE370E01029

The Board of Directors, Visagar Polytex Limited, 907/908, Dev Plaza, S.V. Road, Andheri (w), Mumbai - 400 058

Sub: - Disclosure of Shareholding under Regulation 29 (2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

Dear Sir,

With reference to the above, I am hereby submitting Disclosure of Shareholding in the Company, M/s. Visagar Polytex Limited, as required under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 on 07th August, 2021.

Kindly take the same on record and oblige.

Thanks & Regards,

(Tilokchand Kothari)

Encl: A/a.

Format for disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and
Takeovers) Regulations, 2011

Name of the Target Company (TC) Visagar Polytex Limited
Name(s) of the acquirer and Persons Acting in Concert
(PAC) with the acquirer
Tilokchand Kothari
Whether the acquirer belongs to Promoter/Promoter group Yes
Name(s) of the Stock Exchange(s) where the shares of TC
areListed
Bombay Stock Exchange
National Stock Exchange
Details of the acquisition / disposal as 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 under consideration, holding of:
Shares carrying voting rights
a)
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
2,28,81,348 07.82% 07.82%
that entitles the acquirer to receive shares carrying
voting rights in the T C (specify holding in each
eategory)
Total (a+b+c+d)
e)
2,28,81,348 07.82% 07.82%
Details of acquisition/sale
Shares carrying voting rights acquired/sold
a)
-VRs-acquired-/sold-otherwise-than by shares
$\theta$
Warrants/convertible-securities/any other-instrument
90,81,348 3.10% 3.10%
that entitles the acquirer to receive shares carrying
voting rights in the TC (specify holding in each
eategory) acquired/sold
d) Shares encumbered / invoked/released by the acquirer
3.10%
Total (a+b+c+/-d)
e)
90,81,348 3.10%
After the acquisition/sale, holding of:
Shares carrying voting rights
a)
Shares encumbered with the acquirer
$\theta$
VRs otherwise than by shares
$\epsilon$
-Warrants/convertible-securities/any other-instrument
that entitles the acquirer to receive shares carrying
voting rights in the TC (specify holding in each
eategory) after acquisition
Total $(a+b+c+d)$
e)
1,38,00,000
1,38,00,000
04.71%
04.71%
04.71%
04.71%
Mode of acquisition / sale (e.g. open market / off-market-/
public issue / rights issue / preferential allotment / inter-se
transfer etc).
open market
Date of acquisition / sale of shares / VR or date of receipt of
intimation of allotment of shares, whichever is applicable
06 th August, 2021
Equity share capital / total voting capital of the TC before the
said acquisition / sale
29,27,00,534
Equity share capital/ total voting capital of the TC after the
said acquisition / sale
29,27,00,534
Total diluted share/voting capital of the TC after the said
acquisition / sale
29,27,00,534

(*) Total share capital/voting capital to be taken as per the latest filing done by the company to the Stock Exchange under Clause 35 of the listing Agreement.

(**) 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.

$\Rightarrow$

Tilokchand Kothari Place: Mumbai
Date: 07th August, 2021