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Visagar Polytex Ltd — Major Shareholding Notification 2021
Jul 22, 2021
63430_rns_2021-07-22_e7d59270-6d38-414a-b02e-a202df3936d8.pdf
Major Shareholding Notification
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SAGAR TILOKCHAND KOTHARI
Flat No. 702, 7th Floor, Vijay Villa, Vidhya Villa Compound, Nagar Das Road, Andheri (E), Mumbai - 400 069
Date: 22.07.2021
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 20th July, 2021.
Please take the same on record and oblige.
Thanks & Regards,
Sagar 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 Sagar Tilokchand Kothari Yes |
|||
|---|---|---|---|---|
| Name(s) of the acquirer and Persons Acting in Concert (PAC) with the acquirer |
||||
| Whether the acquirer belongs to Promoter/Promoter group | ||||
| Name(s) of the Stock Exchange(s) where the shares of TC are Listed |
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: | ||||
| a) Shares carrying voting rights 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 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) |
50,08,000 50,08,000 |
1.71% 1.71% |
1.71% 1.71% |
|
| 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 eategory) acquired/sold d) Shares encumbered / invoked/released by the acquirer |
30,00,000 | 1.02% | 1.02% | |
| Total $(a+b+c+/-d)$ e) |
30,00,000 | 1.02% | 1.02% |
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| After the acquisition/sale, holding of: Shares carrying voting rights a) b) Shares encumbered with the acquirer |
20,08,000 | 0.69% | 0.69% | |||
|---|---|---|---|---|---|---|
| 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 |
||||||
| Total $(a+b+c+d)$ e) |
20,08,000 | 0.69% | 0.69% | |||
| 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 |
20th July, 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.
Sagar Tilokchand Kothari Place: Mumbai Date: $22nd$ July, 2021
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