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Deccan Cements Ltd. Major Shareholding Notification 2023
61739_rns_2023-11-23_808fef53-77d4-4aae-a599-fb2c9471a512.pdf
Major Shareholding Notification
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Format for Disclosures under Regulation 29(1) of Securities and Exchange Board of India
Substantial Acquisition of Shares and Takeovers) Regulations, 2011
Part-A- Details of the Acquisition
| Name of the Target Company (TC) | DECCAN CEMENTS LIMITED | ||
|---|---|---|---|
| Name(s) of the acquirer and Persons Acting in Concert (PAC) with the acquirer |
See attached Schedule for breakdown of funds under the management of FMR LLC and its direct and indirect subsidiaries and FIL Limited and its direct and indirect subsidiaries |
||
| Whether the acquirer belongs to Promoter/Promoter group |
No | ||
| Name(s) of the Stock Exchange(s) where the shares of TC are Listed |
National Stock Exchange of India Ltd. BSE Ltd. |
||
| Details of the acquisition as follows | Number | $\%$ w.r.t.total share/vot diluted ing capital wherever applicabl |
% w.r.t. Itotal share/vo ting capital of the |
| Before the acquisition under consideration, holding of acquirer along with PACs of: |
|||
| a) Shares carrying voting rights b) Shares in the nature or encumprance (pleuge/ lien/ U. von dingins' (vrt) delem/sethnan' by equity $nh - -$ 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) |
699,739 | 4.995% | N/A |
| $e)$ Total (a+b+c+d) | 699,739 | 4.995% | NA |
| Details of acquisition a) Shares carrying voting rights acquired b) VRs acquired otherwise than by equity shares |
5,500 | 0.039% | N/A |
| c) Warrants/convertible securities/any other | |||
|---|---|---|---|
| instrument that entitles the acquirer to receive | |||
| shares carrying | |||
| category) acquired | |||
| d) Shares in the nature of encumbrance (pledge/ | |||
| lien/ non-disposal undertaking/ others) | |||
| $e)$ Total (a+b+c+d) | 5,500 | 0.039% | NA |
| After the acquisition, holding of acquirer along | |||
| with PACs of: | |||
| a) Shares carrying voting rights | 705,239 | 5.035% | N/A |
| b) VRs otherwise than by equity 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) after acquisition | |||
| d) Shares in the nature of encumbrance (pledge/ | |||
| lien/ non-disposal undertaking/ others) | |||
| $e)$ Total (a+b+c+d) | 705.239 | 5.035% | NA |
| Mode of acquisition (e.g. open market /public issue | |||
| / rights issue / preferential allotment / inter-se transfer / encumbrance, etc.) |
Market Purchase | ||
| Salient featues of the securities acquired including | |||
| time till redemption, ratio at which it can be | N/A | ||
| converted into equity shares, etc | |||
| Date of acquisition of/ date of receipt of intimation of | |||
| allotment of shares / VR/ warrants/ convertible | 21 November 2023 | ||
| securities/any other instrument that entitles the | |||
| acquirer to receive shares in the TC | |||
| Equity share capital / total voting capital of the TC before the said acquisition |
14,007,500 | ||
| Equity share capital/ total voting capital of the TC | |||
| after the said acquisition | 14,007,500 | ||
| Total diluted share/voting capital of the TC after the | N/A | ||
| said acquisition |
| Schedule | |||||
|---|---|---|---|---|---|
| Fund | FPI | Shares Held | % of shares and voting rights held |
||
| Funds under the management of FMR LLC and its direct and indirect subsidiaries and FIL Limited and its direct and indirect subsidiaries |
Fidelity Advisor Emerging Asia Fund | INUSEP323016 | 705, 239 | 5.035 | |
| Grand Total | 705, 239 | 5.035 |
Part-B***
Name of the Target Company:
| Name(s) of the acquirer and Persons Acting in Concert (PAC) with the acquirer |
Whether the acquirer belongs to Promoter/ Promoter Group |
PAN of the acquirer and/ or PACs |
|---|---|---|
Signature of the acquirer / Authorised Signatory
Patrick Cheung
Patrick Cheung Head of Regulatory Reporting, Asia Pacific Duly authorized under Powers of Attorney by and on behalf of FMR LLC and FIL Limited
Place: C/O FIL Asia Pte Ltd, Level 21, 88 Queensway, Admiralty, Hong Kong
Date: 23 Nov 2023
Note:
(*) 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.
(***) Part-B shall be disclosed to the Stock Exchanges but shall not be disseminated.
FIL Investment Management (Hong Kong) Limited Level 21, Two Pacific Place, 88 Queensway Admiralty, Hong Kong
Tel: (852) 2629 2800 Fax: (852) 2845 9051
BSE Limited 25th Floor, Phiroze Jeejeebhoy Towers Dalal Street Mumbai 400 001 India
Fax: +91 22 2272 1919 Tel: +91 22 2272 1233 / 4, +91 22 6654 5695
23 Nov 2023
Dear Sir/Madam:
Enclosed please find a copy of regulatory filing for DECCAN CEMENTS LIMITED
$\blacksquare$ Regulatory filing required under regulation 29 (1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
If you have any questions, please contact us directly by email [email protected] or by fax at +852 2629 9669.
Yours faithfully,
Patrick Cheung
Regulatory Reporting, Asia Pacific
Encl.