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HFCL LIMITED — Major Shareholding Notification 2020
Oct 22, 2020
61636_rns_2020-10-22_50edb369-aca9-4e26-acfc-1ea5e003f49f.pdf
Major Shareholding Notification
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MN Ventures Private Limited (Corporate Identity No.:U51909UP2010PTC087538) Regd. Office: Office Number 204, SL Tower, Alpha 1, Greater Noida, Gautam Buddha Nagar – 201310 UP
October 22, 2020
To,
The BSE Ltd. The National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers, Exchange Plaza, 5[th] Floor, C – 1, Block G Dalal Street, Bandra – Kurla Complex, Bandra (E), Mumbai – 400001 Mumbai – 400051 E-mail: [email protected] E-mail: [email protected] Security Code No .: 500183 Security Code No .: HFCL
CC: HFCL Limited CIN: L64200HP1987PLC007466 Regd. Off. 8, Electronics Complex Chambaghat, Solan – 173213 Himachal Pradesh
Re: Disclosure under Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
Subject: - Acquisition of Equity Shares of HFCL Limited.
Dear Sir / Madam
We, MN Ventures Private Limited, a promoter entity of HFCL Limited (HFCL), are pleased to inform you that we have acquired 10,00,000 (0.08%) equity shares of HFCL from Open Market .
In this context, we hereby furnish relevant disclosure as per the prescribed format enclosed herewith, in terms of the provisions of Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
You are requested to take the above information on records and acknowledge the receipt of the same.
Thanking You. Yours faithfully, For MN Ventures Private Limited
ANIL Digitally signed by KUMAR ANIL KUMAR JAIN Date: 2020.10.22 JAIN 16:50:40 +05'30'
(Anil Kumar Jain) Whole-time Director DIN: 00548276
Encl.: as above.
Disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
| Name of the Target Company (TC) | Name of the Target Company (TC) | HFCL Limited CIN: L64200HP1987PLC007466 |
HFCL Limited CIN: L64200HP1987PLC007466 |
HFCL Limited CIN: L64200HP1987PLC007466 |
|
|---|---|---|---|---|---|
| Name(s) of the acquirer and Persons Acting in Concert (PAC) with the acquirer |
MN Ventures Private Limited CIN: U51909UP2010PTC087538 |
||||
| Whether the acquirer belongs to Promoter/ Promoter group |
Yes MN Ventures Private Limited is a Promoter Entity. |
||||
| Name(s) of the Stock Exchange(s) where the shares of TC are Listed |
1. The BSE Ltd. 2. The 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 | 14,98,11,100 | 11.67 | 11.67 | ||
| b) Shares in the nature of encumbrance (pledge/ lien/ non-disposal undertaking/ others) |
12,15,78,900 | 9.46 | 9.46 | ||
| 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 TC (specifyholdingin each category) |
- | - | - | ||
| e) Total (a+b+c+d) | 27,13,90,000 | 21.13 | 21.13 | ||
| Details of acquisition/ sale | |||||
| a) Shares carryingvotingrights acquire~~d~~ | ~~/ sold~~ | 10,00,000 | 0.08 | 0.08 | |
| b) Voting rights (VR) 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) | 10,00,000 | 0.08 | 0.08 |
| After the acquisition/ sale, holding of: | |||
|---|---|---|---|
| a) Shares carrying voting rights | 15,08,11,100 | 11.75 | 11.75 |
| b) Shares encumbered with the acquirer | 12,15,78,900 | 9.46 | 9.46 |
| c) Votingrights(VR)otherwise than byshares | - | - | - |
| 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) | 27,23,90,000 | 21.21 | 21.21 |
| Mode of acquisition/ sale (e.g. open market/ off-market/ public issue/ rights issue/ preferential allotment/ inter-se transfer etc.). |
Open Market | ||
| Date of acquisition/ sale of shares/ VR or date of receipt of intimation of allotment of shares, whichever is applicable |
October 22, 2020 | ||
| Equity share capital/ total voting capital of the TC before the said acquisition/sale(*) |
128,43,77,194 Equity Shares of Re.1/- each, aggregatingtoRs.128,43,77,194/- only. |
||
| Equity share capital/ total voting capital of the TC after the said acquisition/sale |
128,43,77,194 Equity Shares of Re.1/- each, aggregatingto**Rs.128,43,77,194/- only. ** |
||
| Total diluted share/ voting capital of the TC after the said acquisition / sale |
128,43,77,194 Equity Shares of Re.1/- each, aggregatingtoRs.128,43,77,194/- only. |
()Total share capital/voting capital to be taken as per the latest filing done by the Company to the Stock Exchange under Regulation 31(1)(b) of the SEBI Listing Regulations, 2015 – The total paid-up equity share capital of the Target Company is as on October 22, 2020 _.*_
(**)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 Authorized Signatory For MN Ventures Private Limited
ANIL Digitally signed by ANIL KUMAR KUMAR JAIN Date: 2020.10.22 JAIN 16:51:10 +05'30' (Anil Kumar Jain) Whole-time Director DIN: 00548276
Place: New Delhi Date: October 22, 2020