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Permanent Magnets Ltd. Major Shareholding Notification 2020

Dec 23, 2020

61290_rns_2020-12-23_ca9e0599-bf35-49b8-ac08-7058dcd17846.pdf

Major Shareholding Notification

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RAMESH TAPARIA Address: 2B ND Road, 71 Nymph Mumbai 6 Email: [email protected] Contact: +91 98201 44186

Date: 22nd December, 2020

To.
The Bombay Stock Exchange Limited
Phiroze Jeejeebhoy Tower,
Dalal Street, Mumbai - 400 001
To.
Permanent Magnets Limited
Harsh Avenue, 302, 3rd Floor, Opp Silvassa
Police Station, Silvassa Vapi Main Rd
Silvassa Dn - 396230

Dear Sir,

Sub: Disclosure under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

Enclosed herewith disclosure under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 in respect of Disposal of 1,80,871 Equity Shares of Permanent Magnets Limited.

Kindly take the same on record.

Thanking You,

Yours Faithfully,

$\epsilon \phi$ eé 12

Ramesh Taparia

Place: Mumbai

ANNEXURE-2 Format for disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and
Takeovers) Regulations, 2011

Name of the Target Company (TC) Permanent Magnets Limited
Name(s) of the acquirer and Persons Acting in Concert (PAC)
with the acquirer
Shri. Ramesh Taparia
Ramesh Taparia, HUF
Smt. Poornima Ramesh Taparia
Whether the acquirer belongs to Promoter/Promoter group Yes
Listed Name(s) of the Stock Exchange(s) where the shares of TC are Bombay Stock Exchange (BSE 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
(i) Shri. Ramesh Taparia 5,09,973 5.93 5.93
(ii) Ramesh Taparia, HUF 68,303 0.79 0.79
(iii) Smt. Poornima Ramesh Taparia 2,67,391 3.11 3.11
b) Shares in the nature of encumbrance (pledge/lien/non-
disposal undertaking/ others)
NIL NIL NIL
C) Voting rights (VR) otherwise than by shares NIL NIL NIL
d) Warrants/convertible securities/any other instrument that
entitles the acquirer to receive shares carrying voting
rights in the T C (specify holding in each category)
NIL NIL NIL
$e)$ Total (a+b+c+d) 8,45,667 9.83 9.83
Details of acquisition/sale
a) Shares carrying voting rights acquired/sold
(i) Shri. Ramesh Taparia 1,68,230 1.95 1.95
(ii) Ramesh Taparia, HUF 5,421 0.06 0.06
(iii) Smt. Poornima Ramesh Taparia 7.220 0.08 0.08
b) VRs acquired /sold otherwise than by shares NIL NIL NIL
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
NIL NIL NIL
d) Shares encumbered / invoked/released by the acquirer NIL NIL NIL
e) Total $(a+b+c+/-d)$ 1,80,871 2.10 2.10
After the acquisition/sale, holding of:
Shares carrying voting rights
a)
(i) Shri. Ramesh Taparia 3,41,743 3.97 3.97
(ii) Ramesh Taparia, HUF 62,882 0.73 0.73
(iii) Smt. Poornima Ramesh Taparia 2,60,171 3.02 3.02
Shares encumbered with the acquirer
b)
NIL NIL NIL
VRs otherwise than by shares
c)
NIL NIL NIL
Warrants/convertible securities/any other instrument
d)
that entitles the acquirer to receive shares carrying
voting rights in the TC (specify holding in each
category) after acquisition
NIL NIL NIL
$Total (a+b+c+d)$
e)
6,64,796 7.73 7.73
Mode of aequisition / 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
$An nexture - A$ Separate sheet of sold shares attached as
Equity share capital / total voting capital of the TC before the
said acquisition / sale
Rs. 8.59,84,530/-
Equity share capital/ total voting capital of the TC after the
said acquisition / sale
(85,98,453 Shares of Rs. 10/- each)
Rs. 8,59,84,530/-
(85,98,453 Shares of Rs. 10/- each)
Total diluted share/voting capital of the TC after the said
acquisition
Rs. 8,59,84,530/-
(85,98,453 Shares of Rs. 10/- each)

(*) Total share capital/voting capital to be taken as per the latest filing done by the company to the Stock Exchange under Regulation 31 of the LODR, 2015.

(**) 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 acquirer / seller / Authorised Signatory

Place: Mumbai

Date: 22.12.2020

Annexure A
Permanent Magnets Ltds
Total Paid Up Share = 85,98,453 100%
Ramesh Taparia Ramesh Chandra Taparia [HUF] Poornima Taparia
5,09,973 5.93 68,303 0.79 2,67,391 3.11
Date No.of Share
Sold
Share Value Share
Balance
Balance
Share %
Date No.of
Share Sold
Share Value Share
Balance
Balance
Share %
Date No.of Share
Sold
Share Value Share
Balance
Balance
Share %
14-09-2020 509973 5.93 14-09-2020
12-11-2020 2504 3,79,614.60 507469 5.90 14-09-2020 68303 0.79 14-09-2020 267391 3.11
13-11-2020 3511 5,33,873.60 503958 5.86 5421 7,28,689.90 62882 0.73 15-09-2020 1988 2,70,258.80 265403 3.09
14-11-2020 180 27,842.20 503778 5.86 16-09-2020 2198 2,96,499.70 263205 3.06
17-11-2020 352 53,394.90 503426 5.85 17-09-2020 925 1,23,731.20 262280 3.05
19-11-2020 400 60,720.00 503026 5.85 18-09-2020 327 43,276.55 261953 3.05
23-11-2020 2710 3,82,269.00 500316 5.82 21-09-2020 1782 2,25,726.00 260171 3.03
24-11-2020 8630 11,77,790.15 491686 5.72
25-11-2020 4689 6,53,548.40 486997 5.66
26-11-2020 8940 12,62,170.00 478057 5.56
27-11-2020 5031 7,22,723.95 473026 5.50
27-11-2020 1528 2,19,233.40 471498 5.48
01-12-2020 50 7,222.50 471448 5.48
01-12-2020 1897 2,75,650.15 469551 5.46
02-12-2020 1500 2,10,100.00 468051 5.44
03-12-2020 14919 20,81,904.50 453132 5.27
04-12-2020 13456 19,08,334.00 439676 5.11
04-12-2020 25 3,573.75 439651 5.11
07-12-2020 210 30,035.25 439441 5.11 $\lambda$
07-12-2020 19374 27,55,972.55 420067 4.89
08-12-2020 8837 12,47,112.40 411230 4.78
09-12-2020 11930 16,65,177.00 399300 4.64
10-12-2020 4036 5,64,971.75 395264 4.60
$11 - 12 - 2020$ 6660 9,48,076.45 388604 4.52
14-12-2020 8614 12,23,176.00 379990 4.42
14-12-2020 1861 2,64,742.80 378129 4.40
15-12-2020 2079 2,92,278.80 376050 4.37
16-12-2020 2337 3,29,238.25 373713 4.35
17-12-2020 6680 9,48,059.00 367033 4.27
18-12-2020 2000 2,81,606.95 365033 4.25
21-12-2020 23290 33,07,632.05 341743 3.97
Total 168230 2,38,18,044.35 341743 3.97
Total 5421 7,28,689.90 62882 0.73 Total 7220 9,59,492.25 260171 303

Recepso

For Rameshchandra Tapgria HUF. $\infty$

Possima Tapasia.

Karta