| ||Disclosures under Reg. 8A(4) of SEBI (SAST) Regulations, 1997 | 10/03/11 15:01|| |
| ||Premier Ltd has submitted the disclosure under Regulation 8A(4) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 to BSE|
The Company have been informed by M/s Doshi Holdings Pvt Ltd, the Promoter of the Company that, they have pledged 4,50,000 equity shares of the Company. The pledged shares represent 3.40% of the total paid-up capital of the Company. With this pledge, the total no of shares pledged works out to 22,18,100 shares i.e. 16.76% of the share capital of the Company.
The money raised against the pledged shares, has been provided to Premier Ltd to supplement its short term operating requirements.
Date of Reporting : September 28, 2011
Name of the Company : Premier Ltd
Total no of outstanding shares of the Company : 3,03,72,570
Name of the Entity : Doshi Holdings Pvt Ltd
Details of Transaction
Date of Transaction : September 27, 2011
Number of Shares Pledged : 4,50,000
Aggregate details after the transaction
Total no of shares held by the entity in the Company : 1,32,38,980
Total No of shares pledged : 22,18,100
% of total shares pledged to total no of shares held by the entity in the Company : 16.75%
% of shares pledged to total no of outstanding shares of the Company : 3.40%