| | Corporate Announcement
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| Subject: | Ackruti City - Disclosures under Reg. 8A of SEBI (SAST) Regulations, 1997 | | Announcement: | Ackruti City Ltd has submitted the disclosure under Regulation 8A of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 to BSE
Date of Reporting : November 04, 2009
Name of the Company : Ackruti City Ltd
Total no of outstanding shares of the Company : 72735871
1. Name of the Entity: Vyomesh M Shah
Details of Transaction
Date of Transaction : October 31, 2009
Number of Shares Revoked : *370000
Aggregate details after the transaction
Total no of shares held by the entity in the company: 7540000
Total No of shares pledged : *1350000
% of total shares pledged to total no of shares held by the entity in the Company: 17.904%
% of shares pledged to total no of outstanding shares of the Company : 1.856%
2. Name of the Entity: Falguni V Shah
Details of Transaction
Date of Transaction : October 31, 2009
Number of Shares Revoked: *175000
Aggregate details after the transaction
Total no of shares held by the entity in the company: 6360000
Total No of shares pledged : *5482000
% of total shares pledged to total no of shares held by the entity in the Company: 86.194%
% of shares pledged to total no of outstanding shares of the Company : 7.536%
3. Name of the Entity: Mahipatray V Shah (HUF)
Details of Transaction
Date of Transaction : October 01, 2009
Number of Shares Revoked : *75000
Aggregate details after the transaction
Total no of shares held by the entity in the company: 9600000
Total No of shares pledged : 7763000
% of total shares pledged to total no of shares held by the entity in the Company:80.8674%
% of shares pledged to total no of outstanding shares of the Company : 10.672%
4. Name of the Entity: Mahipatray V Shah (HUF)
Details of Transaction
Date of Transaction : October 07, 2009
Number of Shares Revoked : 667000*
Aggregate details after the transaction
Total no of shares held by the entity in the company: 9600000
Total No of shares pledged : 70,96,000
% of total shares pledged to total no of shares held by the entity in the Company: 73.916%
% of shares pledged to total no of outstanding shares of the Company : 9.755%
Note : * The shares pledged as collateral security for the project funding / loans availed by Ackruti City Ltd have been released pursuant to loan arrangement. | | Attachment | Click here for more details |
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