Date: 11th April, 2022
National Stock Exchange of India Ltd. Exchange Plaza, Plot No. C/1,
Block - G, Bandra-Kurla Complex, Bandra (E) Mumbai - 400051
Fax No. (022) 2659 8237 / 8238 / 66418124 / 8125
BSE Limited
(Formerly Bombay Stock Exchange Ltd.) Floor 25, P.J. Towers,
Dalal Street, Mumbai -- 400001 Fax No. (022) 2272 3353
Dear sir/madam
(Scrip ID: PAEL)
(Scrip Code - 517230)This has reference to disclosure made under regulation 10(6) of SEBI (SAST) Regulations, 2015, on 29/03/2022. In this regard please find enclosed herewith the revised disclosure as received from Priyadarshani A. Doshi, one of the Promoters of the Company.
Kindly take the note of the same.
Thanking you,
Yours faithfully,
For PAE Limited.
(Sujitlal Lohar)
Company Secretary and Compliance Officer Membership no.: 68229
Registered Office: C/o Regus, Level 1, Block A, Shivsagar Estate, Dr. Annie Besant Road, Worli, Mumbai - 400 018
Phone: +91 22 66185799 Fax: +91 22 6185757 www.paeltd.com
CIN: L99999MH1950PLC008152
PRIYADARSHANI A. DOSHI
2 A Windcliffe, 50-D, Peddar Road, Mumbai 400026. India.
E-mail:priyadoshi@hotmail.com Mobile: 9821619659
Date: 11th April, 2022
National Stock Exchange of India Ltd. Exchange Plaza, Plot No. C/1,
Block - G, Bandra-Kurla Complex, Bandra (E) Mumbai - 400051
Fax No. (022) 2659 8237 / 8238 / 66418124 / 8125
BSE Limited
(Formerly Bombay Stock Exchange Ltd.) Floor 25, P.J. Towers,
Dalal Street, Mumbai - 400001 Fax No. (022) 2272 3353
Dear Sir/Madam,(Scrip ID - PAEL)
(Scrip Code - 517230)This has reference to disclosure made under regulation 10(6) of SEBI (SAST) Regulations, 2011, on 29/03/2022, in this regard I hereby submit revised disclosure as details regarding the no. of shares held before and after the disposal of shares (on 24/03/2022) by the transferee(s) were wrongly showed, due to miscalculations, in the original disclosure.
Please note that the aforesaid transaction, being inter-se transfer of shares amongst the Promoters of the Company, falls within the exemption provided under Regulation 10(1)(a)(ii) of the SEBI (SAST) Regulations, 2011.
Kindly take the same on your record and acknowledge the receipt of the same.
Thanking You,
Yours faithfully,
Priyadarshani A. Doshi
Encl: As above.
Copy to:
PAE Ltd.
C/o Regus,Level 1,
Block A, Shivsagar Estate, Dr.Annie Beasant Road, Worli Mumbai 400 018
Format for Disclosures under Regulation 10(6) -Report to Stock Exchanges in respect ofany acquisition made in reliance upon exemption provided for in
Regulation 10 of SEBI (Substantial Acquisition of Shares and Takeovers)
Regulations, 2011
1. | Name of the Target Company (TC) | PAE Limited | |
2. | Name of the acquirer(s) | Priyadarshani A. Doshi | |
3. | Name of the stock exchange where shares of the TC are listed | BSE, NSE | |
4. | Details of the transaction including rationale, if any, for the transfer/acquisition of shares. | Re-organizing investments | |
5. | Relevant regulation under which the acquirer is exempted from making open offer. | Regulation 10(1)(a) (ii) of SEBI (SAST) Regulations, 2011 | |
6. | Whether disclosure of proposed acquisition was required to be made under regulation 10 (5) and if so,
| YES 17/03/2022 | |
7. | Details of acquisition | Disclosures required to be made under regulation 10(5) | Whether the disclosures under regulation 10(5) are actually made |
a. | Name of the transferor / seller | Pratibha A. Doshi, Arvind R. Doshi and Pritam A. Doshi | Yes |
b. | Date of acquisition | 24/03/2022 | Yes |
c. | Number of shares/ voting rights in respect of the acquisitions from each person mentioned in 7(a) above | Pratibha A. Doshi-10,00,000 shares Arvind R. Doshi-7,75,000 shares Pritam A. Doshi-9,75,000 shares | Yes |
d. | Total shares proposed to be acquired /actually acquired as a % of diluted share capital of TC | 27,50,000 shares (26.39%) | Yes |
e. | Price at which shares are proposed to be acquired / actually acquired | Prevailing Market Price | Yes |
8. | Shareholding details | Pre-Transaction | Post-Transaction | ||
No. shares heldof | % w.r.t total share capital of TC | No. of share sheld | % w.r.t total share capit al of TC | ||
a | Each Acquirer / Transferee(*) | 100 | 0.00% | 27,50,100 | 26.39% |
b | Each Seller / Transferor | 14,89,734 | 14.30% | 4,89,734 | 4.70% |
(i)Pratibha A. Doshi | |||||
(ii)Arvind R. Doshi | 26,03,038 | 24.98% | 18,28,038 | 17.54% | |
(iii)Pritam A. Doshi | 12,58,372 | 12.08% | 2,83,372 | 2.72% |
Place: Mumbai
Date: 11/04/2022
Priyadarshani A. Doshi
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PAE Limited published this content on 12 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 April 2022 06:10:07 UTC.