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Weizmann Limited. Capital/Financing Update 2018

Sep 18, 2018

62891_rns_2018-09-18_ee75de30-9abe-4bc7-be60-3be1f7289137.pdf

Capital/Financing Update

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CIN 2 L65990MH1985PLC038164

Regd. Office: 214. Empire House. Dr. D. N. Road, Em. A. K. Nayak Marg, Fort, Mumbai — 400 001. Website: u \\V.\L'll.ll];ll1ll.cu.lll, Email: [email protected] Tel. Nos : 22071501 (6 lines) Fax.No.: 22071514

18'h September, 2018

of India Ltd.National Stock Exchange BSE Ltd.
Listing Department. Corporate Relation Department,
Exchange Plaza, 01,Block— G, Listing Department,
PhirozeJeejeebhoy Towers,
BandraKurla Complex,Mumbai—400 051. Dalal Street, Mumbai —400 023.
Bandra (East) Facsimile No. 22723121/22722037/2041
Fax No. 26598235/8237/8347.Symbol: WEIZMANIND Scrip Code 523011

Dear Sir/Madam,

Sub: Intimation of acquisition pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) RegulationsI 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 17'h September, 2018:

SR.)'NO. PARTICULARS DISCLOSURES
71. Name oftheTarget Entity Limited (BEL)Brahmanvel EnergyProjects Limited (KEPL)Khandesh EnergyAvinaya Resources Limited (ARL)Vajharpada Energy Limited (VEL)
2. Details in briefsuch as size,turnoveretc.
3. towhich theentityIndustrybeingacquired belongs
4. background abouttheBriefentityacquired in termsofproducts/linedate ofofbusiness acquired,oflast 3incorporation,historyin whichyears turnover,countrythehas presenceacquired entityotherand anysignificantinformation(in brief) AnnexurelAs per

ClN I L65990MH1985PLC038164

chd. Office : 2", Empire House, Dr. D. N. Road, Em. A. K. Nayak Marg, Fort. Mumbai ~400 001. Website: w"wmeimmnncojn. Email: [email protected]

Tel. Nos : 22071501 '( 6 lines) Fax No.: 22071514

5, Whetherthewouldfallacquisitionwithinrelatedpartytransaction(s)and whetherthepromoter/promotergroup/group Companiesinterestin thehave anyentityofbeing acquired. Ifyes, natureand details thereofinterestandwhetherthesame is done at "armslength" withThe transactionsWeizmann Forex Limited (WFL)therelatedtransactionandis(Transferor)partyinterestit.transactioninThehaspromotergroupwithGreenweiz ProjectsLimited (GPL)(Transferor) isnota relatedtransaction.partyof the Companyas Mr. Dharmendra G.WFL is related partySiraj and Mr. Chetan D. Mehra are Directors of WFL andholds more than 2% shareholdingin WFL.The transactions are at arm's lengthbasis.
6. ofObjects and effectsacquisitionbutnotlimitedto,(includingreasons fordisclosure ofacquisitionifofits business istargetentity,main line ofbusiness ofoutsidethethelisted entity) surplus funds oftheofInvestmentCompany
7. ofBrief detailsorany governmentalforregulatoryapprovals requiredtheacquisition None
8. timeperiod forIndicativeofthecompletionacquisition is expected tobe concluded withinThe acquisition30days.
9. Nature of-whetherconsiderationcash considerationorshare swapand details ofthesame Cash
10. Cost ofortheprice atacquisitionwhich theshares are acquired AnnexurelAs per
11. Percentage ofshareholding/acquired and /controlornumberofshares acquired AnnexurelAs per

lfindly take the above details on your record and oblige.

T anking you,

Group CFO Encl. as above

;-—(CINlandland(26742)(23983)FYFYedfarmfollows2015-162015«16farmobtainingobtainingfollows:(CINasofofascancanwind-idenwindareidentifiedof08/07/2003areof1803thetheonwhichwhichprocesseachprocess(27913)years(28170)asasyears10/04/2003thetheFYFV10/-inbusinessinonbusinessisis2016—172016-17Rs.thetheoffinancial3in3financialinisincorporatedMaharashtraMaharashtracapitalDepartmentDepartmentinin--lastuplastcapital/SharesCompanyCompanycorporatedupi'thelandlandengagedForestForestgthepaid(KEPL)engaged(25418)(25804)ofofTheThepaidEquityFYFYdutotalduring(BEL)'MW,MW.2017-18of2017-18LimitedpiecestotalpiecesCompany— 8,000BELKEPLCompanyofofn— 16%41.2516%23.10GovernmentGovernment]LimitedshareProjectsarea.area,PurposepotentialpotentialPurposeaboutStatedetaboutStatedetailsacquiredalEnergybeforeeachbeforeforestforestEnergyfromfromSpec'alacqisaanSpecialisathetheshares(L055)(Loss)inancialidentifiedidentifiedinshareholding—ofParticularsParticulars185.84/-hashasitItfalNo,Rs.BELBriefProfitTaxfallsBriefPresentKEPLProfitTaxapprovalTotalKhandeshapprovalBrahmanvelTurnoverU45200MH2003PLC141221).development.accommodateU51909MH2003PLC139998).development.accommodateTurnover/ofoforarethetheandtermstermscorporation,ininsignsharessignificantbelongsof incorporation.whichwhich0ededinintheotherotheretc.etc.acquireddatedateacqacqacquiredanyanywhich/atcountrycountryyb'andandcontrolbeingentityentityturnoverturnover'priceacquired,acquired,thethesize.size,entheentityturnover,turnover,asaspresenceorpresencethetheacquiredaboutaboutbusinessbusinesshasonhasyearsbrief)3years3brief)suchsuchofofofshareholding(in(inwhichwhichneshareslastlastbriefbrieftooftoentityentityinofofinacquisiofbackgroundbackgroundtorytory'formation'BriefCostDetailsBriefDetailsIndustryproducts/IacquiredPercentagenumberIndustryacquiredproducts/lineacquiredinformation(KEPL)ed'(BEL)LiLimitedProjectsEnergyEnergyKhandeshBrahmanvel COMPANVTARGETOFNAME PARTICULARS
shareeach:Rs.102.98/earesharesthewhichatpricetheorvaUlSlthflofCostacquiredPARTICULARS ofcapitalupcapitalySharesuppaidEqpaidoftotaltotal— 8'000v 16%—- 16%acquiredacquisitionsharesshareholdingofNo.PresentTotal/orandacquired/controlacquiredofshareholdingsharesofnumberPercentage isincorporated(ARL)Limited1993PLC072845).HResourcesAvinayaU65920Metc,turnoversize.assuchbrief predominantlyinvestmentinengagedisARL'belongsacquiredbeingentitythewhichtoIndustry 3lasttheduringARLofdetailsfinancialBriefoftermsinof incorporation,dateacquiredentityacquired,theaboutbusinessofbackgroundBriefproducts/line FY2017418Particularscantthesigniwhichinotheranycountryandturnover,presence3hasyearsbrief)(inlastentityofhistoryacquiredinformation 188392Turnover 51579before(Loss)ProfitTax shareeachRsV123.49/-aresharesthewhichatpricetheoronacquiofCostacquired upcapitalSharesuppaidpaidEquitytotaloftotal— 3,78,916— 18.96%— 183754,acquiredacquisitionsharesshareholdingofNo.PresentTotal/orandacquired/controlacquiredofshareholdingsharesofnumberPercentage
COMPANYTARGETOFNAME (ARL)LimitedResourcesAvinaya

NO.SR. COMPANVTARGETOF[NAME PARTICULARS
4 {VEL}LimitedEnergyValharpada etc.turnoversize,assuchbriefinIsDeta LimitedU51909MH2002PLC136709).(CINEnergyVajharpada02/08/2002 isincorporated(VEL) on
belongsacquiredbeingentitythewhichtoIndustry PurposeSpecialisaVELdevelopment. engagedCompany windofbusinessthein farm
ofcantthetermsinsignof incorporation,whichinotherdateacquiredanycountryandentityacquired,theturnover,presenceaboutbusinesshas3yearsbrief)of(inlastentityofbackgroundBriefhistoryproducts/lineacquiredinformation Karnatakafallingoffroman allotmentlandainapprovalreceivedGovernmentprojecthadIttheStaterequisite developmentarea.WildcurrentlyisfarmandforestandwindtheofinForestthe ofsettingforofaboutprocesstheinAuthoritiesLife offromupMW15obtaining
ofdetailsfinancialBrief lasttheduringVEL asareyears3financial follows:
Particulars FY FY FY
2017-18 2016-17 2015-16
Turnover _
before(Loss)ProfitTax (26982) (25719) (23203)
aresharesthewhichatpricetheorofacquisitionCostacquired shareeach1/—Rs.
/orandacquired/controlngacquiredshareholdofofsharesPercentagenumber 19%19%——itionacquiredacqsharesshareholdingofNo.PresentTotal capitalupcapitalSharesupppaidEquitytotaloftotal— 9,500 each10/«Rs.of