Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Visagar Polytex Ltd Major Shareholding Notification 2021

Aug 5, 2021

63430_rns_2021-08-05_06c41c3a-7805-4dfa-a3e6-371247e953bb.pdf

Major Shareholding Notification

Open in viewer

Opens in your device viewer

TILOKCHAND KOTHARI

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

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

Exchange Limited Exchange Plaza, Bandra Kurla 907/908, Dev Plaza, Complex, Bandra (E), Mumbai - 400 051. BSE Scrip Code -506146 ISIN Code- INE370E01029

Date: 05.08.2021

The Board of Directors, Visagar Polytex Limited, 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 ofShareholding 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 05th 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

Visagar Polytex Limited
Name of the Target Company (TC) Tilokchand Kothari
Name(s) of the acquirer and Persons Acting in Concert
(PAC) with the acquirer
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)
e) Voting rights (VR) otherwise than by shares
d) Warrants/convertible securities/any other instrument
2,88,81,348 09.87% 09.87%
that entitles the acquirer to receive shares carrying
voting rights in the T C (specify holding in each
category)
Total (a+b+c+d)
e)
2,88,81,348 09.87% 09.87%
Details of acquisition/sale
Shares carrying voting rights acquired/sold
a)
b) VRs acquired /sold otherwise than by shares
e) 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
50,00,000 1.71% 1.71%
d) Shares encumbered / invoked/released by the acquirer
Total $(a+b+c+/-d)$
e)
50,00,000 1.71% 1.71%
After the eequisitien/sale, holding of:
a)
Shares carrying voting rights
bShares-encumbered with- the-aequirer
eRs-othervise-than-by-shares
dWarrants/eonvertible-securities/any ether -instrment
2,38,81,348 08.16% 08.16%
that-enttles-the-aequirer to-receive-shares-earying
veting-ights-in-the TE fspeeif helding-in-each
eategoryafer acquisitien
Total (atbtctd)
e)
2,38,81,348 08.16% 08.16%
Mode of aequisitien / sale (e.g. open market/ effmarket4
publie-issue-ights-isseue-preferential-atletment-inter-se
transfer etc).
open market
Date of aequisitien / sale of shares/R-er-date-ef reeeipt-of
intimatien-efatetment ef shares, whichever is applicable
04 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 aken 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.

Tilokchand Kothari Place: Mumbai Date: 05th August, 2021