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Visaka Industries Ltd. Major Shareholding Notification 2020

Apr 3, 2020

61217_rns_2020-04-03_ca6bde55-1d01-47f7-8ca3-69533ab13d47.pdf

Major Shareholding Notification

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From: Dr. G. Vivekanand H. No.6-3-1238/A, Renuka Enclave Somajiguda, Hyderabad – 500082.

April 02, 2020

To,

To,
National Stock Exchange of India Limited
Exchange Plaza, 5thFloor,
Plot No. C/1G Block,
Bandra Kurla Complex, Bandra (East),
Mumbai–400 051
BSE Limited
The Senior General Manager,
Listing Compliances,
Floor 25, P. J. Towers, Dalal Street,
Mumbai–400 001
Scrip Code– VISAKAIND Scrip Code–509055

Dear Sir/s,

Sub: Disclosure of Release of shares in terms of regulation 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011

With reference to the above subject, please find enclosed herewith details of shares released by IFCI Limited.

This is for your information and records.

Thanking you,

Yours faithfully,

SD/-

Dr. G. VIVEKANAND

Format for disclosure by the Promoter(s) to the stock exchanges and to the Target Company for encumbrance of shares / invocation of encumbrance / release of encumbrance, in terms of Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 Name of the Target Company(TC) VISAKA INDUSTIRIES LIMITED

Names of the stock exchanges where the shares of the target company are listed

Date of reporting

Name of the promoter or PAC on whose shares encumbrance has been created/released/invoked

NSE & BSE 02.04.2020 Dr. G.Vivekanand

Details of the creation of encumbrance

Name of the
promoter(s) or
PACs with him*
Promoter
holding in the
target company
(1)
Promoter
holding in the
target company
(1)
Promoter
holding in the
target company
(1)
Promoter
holding in the
target company
(1)
Promoter
holding already
encumbered (2)
Promoter
holding already
encumbered (2)
Details of events pertaining to of events pertaining to of events pertaining to of events pertaining to encumbrance (3) encumbrance (3) Post event holding of
encumbered shares
{creation [(2)+(3)] /
release [(2)-(3)] /
invocation [(1)-(3)]]
Type of
encumbra Name of
nce the entity
Date of (pledge/ in
Type of creation/ lien/ whose
event release/ non Reasons favor
% of % of (creation / invocation disposal for % of shares % of
total total release / of undertaki encumbra total encumber total
share share invocation encumbran ng/ nce share ed share
Number capital Number capital ) ce others) ** Number capital *** Number
capital
Dr. G. Vivekanand 5973330 37.61 1700000 10.70 Release 27.03.2020 - - 1700000 10.70 IFCI Ltd 0
0.00

Sd/-

Dr. G. Vivekanand

Signature of the Authorized Signatory

Place : Secunderabad Date : 02.04.2020

*The names of all the promoters, their shareholding in the target company and their pledged shareholding as on the reporting date should appear in the table irrespective of whether they are reporting on the date of event or not.

** For example, for the purpose of collateral for loans taken by the company, personal borrowing, third party pledge, etc.

***This would include name of both the lender and the trustee who may hold shares directly or on behalf of the lender