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Voltas Ltd. — Major Shareholding Notification 2024
Feb 9, 2024
60718_rns_2024-02-09_ab71c181-2a68-49c2-ab5a-703f40a03411.pdf
Major Shareholding Notification
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Format for disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
| Name of the Target Company (TC) | Voltas Limited | Voltas Limited | Voltas Limited |
|---|---|---|---|
| Name(s) of the acquirer and Persons Acting in Concert (PAC) with the acquirer |
T. Rowe Price Associates, Inc. T. Rowe Price International Ltd |
||
| Whether the acquirer belongs to Promoter/Promoter group | No | ||
| Name(s) of the Stock Exchange(s) where the shares of TC are Listed |
Bombay Stock Exchange Ltd. National Stock Exchange of India Ltd. |
||
| 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) 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) |
10,569,911 NIL NIL NIL 10,569,911 |
3.194% N/A N/A N/A 3.194% |
|
| Details of acquisition/sale 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) |
244,759 NIL NIL NIL 244,759 |
0.074% N/A N/A N/A 0.074% |
| 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) |
10,325,152 NIL NIL NIL 10,325,152 |
3.120% N/A N/A N/A 3.120% |
|
|---|---|---|---|
| Mode of acquisition / sale (e.g. open market / off-market / public issue / rights issue / preferential allotment / inter-se transfer etc). |
Open Market Sale | ||
| Date of acquisition / sale of shares / VR or date of receipt of intimation of allotment of shares, whichever is applicable |
06 February 2024 | ||
| Equity share capital / total voting capital of the TC before the said acquisition / sale |
330,884,740 shares | ||
| Equity share capital/ total voting capital of the TC after the said acquisition / sale |
330,884,740 shares | ||
| Total diluted share/voting capital of the TC after the said acquisition |
N/A |
(*) 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.
Signature of the acquirer / seller / Authorised Signatory
Place: Baltimore, Maryland, USA
Date: 08 February 2024
==> picture [99 x 53] intentionally omitted <==
_____ Ellen York, Vice President T. Rowe Price Associates, Inc.
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