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Formats for disclosures under regulation 8A(1), 8A(2), 8A(3) and 8A(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 - SEBI - SEBI / CFD / DCR / TO / 152758 /2009Extract Deputy General Manager Division of Corporate Restructuring Corporation Finance Department Tel: 26449380 Email: somam@sebi.gov.in SEBI / CFD / DCR / TO / 152758 /2009 February 3 , 2009 The Managing Director/Executive Director/Administrator of all the Stock Exchanges Dear Sir/Madam, Sub: Formats for disclosures under regulation 8A(1), 8A(2), 8A(3) and 8A(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997. 1. The Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 has been amended vide Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) (Amendment) Regulations, 2009 on 28.01.2009. 2. The said amendment mandates disclosures regarding pledge of shares by the promoter and persons forming part of the promoter group to the company and by the company to the stock exchanges where shares of the company are listed. The formats for aforesaid disclosures are given in Annexure A and B respectively to this circular. 3. All stock exchanges are advised to bring the aforesaid to the notice of the companies listed with them. 4. This circular is issued in exercise of powers conferred by sub-section (1) of Section 11, read with sub-section (2) of Section 11A, of the Securities and Exchange Board of India Act, 1992, and regulation 5 of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 to protect the interests of investors in securities and to promote the development of, and to regulate the securities market. 5. This circular is also available on the SEBI website at www.sebi.gov.in. Yours faithfully, Soma Majumder ANNEXURE- A REPORTING FORMAT U/R 8A(1), 8A(2) and 8A(3) TO BE FILED BY THE PROMOTER / PROMOTER GROUP TO THE COMPANY (Format for filing the details of the shares pledged by the promoter or every person forming part of the promoter group, to the company in terms of Regulations 8A(1), 8A(2) and 8A(3) of SEBI(Substantial Acquisition of Shares and Takeovers) Regulations, 1997) Name of the Reporting entity Whether belonging to Promoter / promoter group Promoter Yes / No (strike out which is not applicable) Promoter group Yes / No (strike out which is not applicable) Date of Reporting Name of the company Total no. of outstanding shares of the company Pre-transaction Details Transaction Details Post-transaction Details Total no. of shares held in the company by the reporting entity Total no. of shares pledged by the reporting entity Date of the transaction Nature of the transaction: Pledge (P); Revoke (R); Invoke (I) No. of shares pledged/ revoked/ invoked Total no. of shares held in the company by the reporting entity Total no. of shares pledged by the reporting entity % of the shares pledged, to the total no. of shares held in the company by the reporting entity % of shares pledged to the total no. of outstanding shares of the company (I) (II) (III) (IV) (V) (VI) (VII) (VIII) (IX) ANNEXURE B REPORTING FORMAT U/R 8A(4) TO BE FILED BY THE COMPANY TO STOCK EXCHANGE (Format for filing the details of the shares pledged by the promoter or every person forming part of the promoter group by the company to the stock exchange(s) in terms of Regulations 8A(4)of SEBI(Substantial Acquisition of Shares and Takeovers) Regulations, 1997) This report is required to be filed by the company every time when the aggregate quantity of shares pledged by the promoter / every person forming part of promoter group exceeds the limits specified in Regulation 8A(4) during a quarter. Date of Reporting Name of the company Total no. of outstanding shares of the company Name of the entity A Details of transaction(s) B Aggregate details after the transaction(s) Information on pledge Date of transaction Number of shares pledged Total no. of shares held by the entity in the company Total No. of shares pledged % of total shares pledged to total no. of shares held by the entity in the company % of shares pledged to total no. of outstanding shares of the company (I) (II) (III) (IV) (V) (VI) = (V) / (IV) (VII) TOTAL Notes: 1) Entity means Promoter or every person forming part of the Promoter Group 2) Details under (A) shall include chronological details of all individual transactions(s) in a quarter which when taken together exceeds the limit specified under Regulation 8A(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997. 3) Names of the promoter and promoter group shall be the same as appearing in other filings made with stock exchanges.
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