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Weizmann Limited. — Capital/Financing Update 2018
Sep 19, 2018
62891_rns_2018-09-19_9cf895fb-f0ed-44aa-8dd6-4b94e5f211ad.pdf
Capital/Financing Update
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CIN: L65990MH1985PLC038164 Regd. Office: 214, Empire House, Dr. D. N. Road, Ent. A. K. Nayak Marg, Fort, Mumbai - 400 001. Website: www.weizmann.co.in, Email: [email protected] Tel. Nos: 22071501 (6 lines) Fax No.: 22071514
$19^{\text{th}}$ September, 2018
| National Stock Exchange of India Ltd. | BSE Ltd. |
|---|---|
| Listing Department. | Corporate Relation Department, |
| Exchange Plaza, C-1, Block-G, | Listing Department, |
| BandraKurla Complex, | PhirozeJeejeebhoy Towers, |
| Bandra (East) Mumbai-400 051. | Dalal Street, Mumbai - 400 023. |
| Fax No. 26598235/8237/8347. | Facsimile No. 22723121/22722037/2041 |
| Symbol: WEIZMANIND | Scrip Code 523011 |
Dear Sir/Madam,
Sub: Intimation of acquisition pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Please find herebelow the details of acquisition pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, in respect of transactions carried out on 18th September, 2018:
| PARTICULARS | ||||
|---|---|---|---|---|
| Name of the Target Entity | Windia Infrastructure Finance Limited (WIFL)WindiaInfrastructureFinanceLimited(WIFL)isincorporated10/10/1994on(CINU40100MH1994PLC081874 and is a RBI registered Non | |||
| Details in brief such as size,turnover etc. | ||||
| Industry to which the entity beingacquired belongs | Banking Finance Company. | |||
| 4.Brief background about the entityacquired in terms of products/lineof business acquired, date ofincorporation, history of last 3years turnover, country in whichthe acquired entity has presenceand any other significantinformation (in brief) | Brief financial details of WIFL during the last 3 financialyears are as follows :(Amount in Rs.) | |||
| Particulars | FY2017-18 | FY2016-17 | FY2015-16 | |
| Turnover | 16,32,03,239 | 7,00,75,428 | ||
| Profit(Loss)beforeTax | 20,69,469 | 59,57,943 | 3,66,45,708 | |
| DISCLOSURES3,54,67,675 |

CIN 2 L65990MH1985PLC038164
Regd. Office : 214. Empire House, Dr. D. N. Road, Em. A. K. Nayak Marg, Fort, Mumbai — 400 001. Website: \\\'.\'ei'/_rmmitem", Email: contact®weizmann.co.in
Tel. Nos 2 22071501 ( 6 lines) Fax No.: 22071514
| 5. | Whetherthewouldacquisitionfallwithinrelatedpartyand whetherthetransaction(s)promoter/promotergroup/Companies have anygroupinterestin theentitybeingacquired. Ifofyes, natureinterestthereofand detailsand whetherthesame is done at "armslength" | withThe transactionsWeizmannForexLimited(WFL)relatedtransactiontheand(Transferor)ispartyhas interestin it.promotergroupofWFL is related partythe Companyas Mr. Dharmendra G.Mr.ChetanMehraDirectors of WFL andandareD.Sirajholds more than 2% shareholdingin WFL.'The transactions are at arm's lengthbasns. |
|---|---|---|
| 6. | ofObjects and effectsacquisitionbutnotlimitedto,(includingreasons fordisclosure ofofifitstargetacquisitionentity,business is outsidethemain lineofbusiness ofthelisted entity) | ofsurplus funds oftheInvestmentCompany |
| 7. | details ofBriefany governmentalorregulatoryapprovals requiredfortheacquisition | None |
| 8. | timeperiod forIndicativeofthecompletionacquisition | is expected toThe acquisitionbe concluded within30days. |
| 9. | of-Natureconsiderationwhethercash considerationorshare swapoftheand detailssame | Cash |
| 10. | Cost oftheorprice atacquisitionwhich theshares are acquired | Rs. 71.68/— each share |
| 11. | Percentage ofshareholding/acquired and /controlornumberofshares acquired | 8.99% oftotalPresent acquisition—paid up capital-32.61% totalTotal shareholdingpaid up capitalNo. ofShares ofshares acquired—21,82,854 EquityRs.each10/- |
Kindly take the above details on your record and oblige.
Thanking you,
F eizmann Limited
T. V. Subrama ian Group CFO