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HFCL LIMITED Major Shareholding Notification 2020
61636_rns_2020-10-16_b2751fc4-2559-4c47-a939-8f0e410e458c.pdf
Major Shareholding Notification
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October 16, 2020
| To, The BSE Ltd. |
The National Stock Exchange of India Ltd. | ||
|---|---|---|---|
| Phiroze Jeejeebhoy Towers, | Exchange Plaza, 5th Floor, C - 1, Block G | ||
| Dalal Street, | Sandra - Kurla Complex, Sandra (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 |
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 25,00,000 (0.19%) 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, Fo Ventures Private Limited
arJain) e Director 8276
Encl.: as above.
Disclosures under Regulation 29(2) of SEBI (Substantial Acguisition of Shares and Takeovers) Regulations, 2011 Name of the Target Company (TC) HFCL Limited CIN:L64200HP1987PLC007466 Name(s) of the acquirer and Persons Acting in Concert MN Ventures Private Limited (PAC) with the acquirer CIN:U51909UP2010PTC087538 Whether the acquirer belongs to Promoter/ Yes Promoter group MN Ventures Private Limited is a Promoter Entity. Name(s) of the Stock Exchange(s) where the shares of TC 1. The BSE Ltd. are Listed 2. The National Stock Exchange of India Ltd. Details of the acQuisition L disgosal as follows Number % w.r.t total % w.r.t. total share/voting diluted capital, share/voting wherever capital of the applicable(*) TC(**) Before the acquisition under consideration, holding of: a) Shares carrying voting rights 14,43,11,100 11.24 11.24 b) Shares in the nature of encumbrance 12,15,78,900 9.46 9.46 (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 TC (specify holding in each category) e) Total (a+b+c+d) 26,58,90,000 20.70 20.70 Details of acquisition/ sale a) Shares carrying voting rights acquiredf-s-ekl 25,00,000 0.19 019 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) 25,00,000 0.19 019
| After the acquisition/ sale, holding of: | ||||
|---|---|---|---|---|
| a) Shares carrying voting rights | 14,68,11,100 | 11.43 | 11.43 | |
| b) Shares encumbered with the acquirer | 12,15,78,900 | 9.46 | 9.46 | |
| c) Voting rights (VR) otherwise than by shares | - | - | - | |
| d) Warrants/ convertible other securities/ any 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) | 26,83 ,90,000 | 20.89 | 20.89 | |
| 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 16, 2020 | |||
| Equity share capital/ total voting capital of the TC | 128,43,77,194 | Equity Shares of |
Re.1/- | each, |
| before the said acquisition / sale (*) | aggregating to Rs.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 aggregating to Rs.128,43,77,194/- only. |
Re.1/- | each, |
| Total diluted share/ voting capital of the TC after the said acquisition/ sale |
128,43,77,194 | Shares of Equity aggregating to Rs.128,43,77,194/- only. |
Re.1/- | each, |
(*)Tota l 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 16, 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 ForM
' r Jain) Whole-tim Director
DIN:0054 276
Place: New Delhi Date: October 16, 2020