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Ajit B. Kulkarni - Money Control - Moneycontrol.com

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06/07 2013 18:1< 380088vv i nor iwiin<br />

<strong>Ajit</strong> B. <strong>Kulkarni</strong><br />

401, Usba Kamal, 574, Chembur Naka, Chembur, Mumbai 400071<br />

Phone: (022) 25277519<br />

Date : 06 h·.july, 2013<br />

BSE Ltd.<br />

Department of Corporate Service<br />

P. J. Towers, Dalal Street Bandra (East),<br />

M u m b a i- 400001. Mumbai 400051.<br />

National Stock Exchange of India Ltd<br />

"Exchange Plaza", Bandra -Kurla Complex,<br />

Scrip code: 532718<br />

Scrip ID: Pratibha<br />

Ref.: Promoters inter-Se Transfer<br />

under Reg 10 of the SEBI Take Over Code<br />

Sub.: Intimation of Transfer of Shares of Pratibha Industries Limited<br />

Dear Sir,<br />

With regard to<br />

the<br />

SEBI (Substantial<br />

Acquisition of Shares and TAkeover)<br />

are proposing to transfer 6,00,000 equity shares {Six Lacs Equity Shares) in Pratibha<br />

Industries Limited representing 0.59%<br />

up share capital amongst<br />

the promoters inter se transfer, i.e. from Vinayak B. <strong>Kulkarni</strong> Jt. Vandana V. <strong>Kulkarni</strong><br />

to a joint<br />

B. <strong>Kulkarni</strong> Jt. Samidha A. Kuikarni.<br />

above and as per<br />

account held by us in the name of <strong>Ajit</strong><br />

Regulation 10 (5) of the<br />

Regulation 2011, we hereby<br />

Capprox.) of the paid<br />

inform you that we<br />

The above transaction shall take place pursuant to terms and conditions of family<br />

settlement agreement amongst the promoters and promoter group.<br />

We are proposing to effect the aforesaid promoters inter-se<br />

2013, by way of block deal.<br />

transfer on 12 July,<br />

th<br />

We are enclosing herewith our intimation in the prescribed format as specified in<br />

the captioned regulation for your information and record.<br />

regulation 10(5) of<br />

Please accept and acknowledge the receipt,<br />

Thankingyou,<br />

You hfully<br />

m<br />

<strong>Ajit</strong> B. KullS#LA<br />

Jt· Samidha <strong>Kulkarni</strong><br />

Encl.: as above<br />

CC.:<br />

Company Secretary<br />

Pratibha Industries Limited<br />

Mumbai


08/07 2013 18:18 385588uu TnnliDnn<br />

.<br />

-<br />

Regulation 10(1)(a) of SEBI<br />

Regulations, 2011<br />

-..<br />

1 Name ofthe Target Company (TC) Pratibha Industries Limited<br />

2<br />

-. ---<br />

Name of the acquirer(s) <strong>Ajit</strong> B.<br />

Whether the<br />

TC prior<br />

3 to the transaction. If not, nature of relationship or<br />

association with the TC or<br />

4 Details of the<br />

5<br />

a.<br />

acquirer(s) is/ are promoters of the<br />

its promoters<br />

proposed acquisition<br />

Name of the person(s) from whom shares are to<br />

be acquired<br />

b. Proposed date<br />

C.<br />

d.<br />

e.<br />

'<br />

<strong>Kulkarni</strong> Jt. Samidha A. Kulkami<br />

Yes, Promoters of the Company<br />

Vinayak B. <strong>Kulkarni</strong> \<br />

it. Vandana V. <strong>Kulkarni</strong><br />

of acquisition 12m July 2013<br />

Number of shares to be<br />

600,000 equity<br />

person mentioned in 4(a) above<br />

Total shares to be acquired as % of share capital 0.59%<br />

of TC<br />

acquired from each<br />

Price at which shares are proposed to be<br />

acquired<br />

the proposed transfer<br />

Relevant sub-clause of<br />

the acquirer is exempted from making open offer<br />

f. Ratignale, if any, for<br />

Market price<br />

regulatio-n 10 1 2) u-nderwhic - 10 11) (a) (ii) -<br />

shares of Rs.2/- each<br />

Inter se Transfer among Promoters<br />

If, frequently traded, volume weighted average market<br />

price for a period of 60 trading days<br />

6 of issuance of<br />

.-<br />

this notice as<br />

preceding the date<br />

traded on the stock<br />

exchange where the maximum volumeof trading in the<br />

shares of the TC are recorded during such period,<br />

Yes, Frequently Traded on BSE and NSE<br />

BSE : Rs.32.01<br />

NSE : Rs.34.64<br />

--<br />

7 If in-frequently traded, the price as determined in terms N.A.<br />

of regulation 8.<br />

of clause (e) of sub-regulation (2)<br />

Declaration by the acquirer, that the acquisition price<br />

8 would not be<br />

the price<br />

<strong>com</strong>puted in point 6 or point 7 as applicable.<br />

higher by more than 25% of<br />

.-.<br />

Declaration by the acquirer, that the transferor and<br />

transferee have <strong>com</strong>plied / will <strong>com</strong>ply with applicable<br />

9 disclosure requirements in<br />

Format for Disclosures under Regulation 10(5)-<br />

Intimation to Stock Exchanges in respect of acquisition<br />

under<br />

(Substantial Acquisition of Shares and Acquisition of Shares and<br />

Iakeovers)<br />

-.-<br />

Chapter V of the Takeover<br />

Regulations, 2011 (corresponding provisions of the<br />

repealed Takeover Regulations 1997)<br />

Declaration bythe acquirerthatall the conditions<br />

10 specified under regulation 10(1)(a) with respect to<br />

duly <strong>com</strong>plied with.<br />

exemptions has been<br />

N.A.<br />

Yes, we have <strong>com</strong>plied/ will <strong>com</strong>plied with<br />

all applicable<br />

the SEBl (Substantial Acquisition of Shares<br />

requirements in Chapter v of<br />

and Takeover$) Regulations, 2011<br />

Yes, we declare that all the conditions<br />

specified under<br />

regulation 10(1)(a) with<br />

respect to exemptions has been duly<br />

<strong>com</strong>plied with.


-<br />

08/07 2013 18:18 38558800<br />

rnMilonA<br />

....'<br />

11 Shareholding details<br />

Before the proposed<br />

transaction<br />

After the proposed<br />

transaction<br />

% %<br />

No, of w.r.t No. of w. r.t<br />

shares total shares total<br />

/voting share /voting share<br />

rights capital rights capital<br />

of TC<br />

of TC<br />

a. Acquirer(s) and PACS (other than sellers)(*) 45,592,004 45,12 46,192,004 45.71<br />

Annexure A (After taking effect of proposed<br />

transfer of 6,00,000 shares on 9th July)<br />

b.<br />

Seller (s) 66,17,185 6.55 6,017,185 5.95<br />

(After taking effect of<br />

th<br />

6,00,000 shares on 9 July)<br />

proposed transfer of<br />

Ii- Il--I<br />

-<br />

AJIT B. KUL NI<br />

JT. SAMIDHA A. KULKARNI<br />

4997-<br />

Date : 6 July, 2013<br />

Place: Mumbai


06/07 2013 18:18<br />

33 0088 V V I lin liwiln<br />

SEF-022 3-RANLAC.Flort<br />

ACQUIRER(S) AND<br />

PACs (other than Sellers)<br />

1 Usha Bhagwan <strong>Kulkarni</strong> 1,30,02,500 12.87<br />

2 <strong>Ajit</strong> B <strong>Kulkarni</strong><br />

1,31,70,554 13.03<br />

3 <strong>Ajit</strong> Bhagwan <strong>Kulkarni</strong> - HUF<br />

43,17,750 4.27<br />

4 Vjnayak Bhagwan <strong>Kulkarni</strong> - HUF19,72,825<br />

1.95<br />

5 Ramdas Bhagwan <strong>Kulkarni</strong> 17,52,500 1.73<br />

6 Sunanda Datta <strong>Kulkarni</strong> 1,0(),00,000 9.90<br />

7 Ravi <strong>Ajit</strong> <strong>Kulkarni</strong><br />

8 Vandana Vinayak <strong>Kulkarni</strong><br />

9 Radha Raindas Ku lkami<br />

10 Samidha <strong>Ajit</strong> <strong>Kulkarni</strong><br />

10,00,000 0.99<br />

1,19,425<br />

0.12<br />

2,500 0.00<br />

2,500 0.00<br />

11 Anand A <strong>Kulkarni</strong> 6,250 0.01<br />

12 Manohar Dattatraya <strong>Kulkarni</strong><br />

4,700 0.00<br />

13 Sanjay Vinayak <strong>Kulkarni</strong> 3,500 0.00<br />

Pratibha Industries Employees Stock<br />

14 Option Trust<br />

2,37,000<br />

0-23<br />

4,55,92,004 45.12<br />

*


06/07 2013 18:18 385583vv<br />

rn,-iliDI-In<br />

After Transaction<br />

ACQUIRER(S) AND<br />

PACs (other than Sellers)<br />

1<br />

Usha Bhagwan <strong>Kulkarni</strong><br />

1,30,02,500 12.87<br />

2 <strong>Ajit</strong> B <strong>Kulkarni</strong> 1,37,70,554 13.63<br />

3 <strong>Ajit</strong> Bhagwan <strong>Kulkarni</strong> - HUF 43,17,750 4.27<br />

4 Vinayak Bhagwan <strong>Kulkarni</strong> - HUF<br />

19,72,825 1.95<br />

5 Ramdas Bhagwan <strong>Kulkarni</strong> 17,52,500 1.73<br />

6 Sunanda Dalla <strong>Kulkarni</strong><br />

7 Ravi <strong>Ajit</strong> <strong>Kulkarni</strong><br />

1,00,00,000 9.90<br />

10,00,000 0.99<br />

8 Vandana Vinayak <strong>Kulkarni</strong> 1,19,425 0.12<br />

9 Radha RaIndas <strong>Kulkarni</strong> 2,500 0.00<br />

10 Samidh:# :<strong>Ajit</strong> <strong>Kulkarni</strong> 2,500 0.00<br />

11 Anaxid A K.u]krirni<br />

6,250 0.01<br />

12 Manohar Dattatraya <strong>Kulkarni</strong> 4,700 0.00<br />

13 Sanjay Viiiayak <strong>Kulkarni</strong> 3,500 0.00<br />

Pratibha Industries<br />

Employees Stock 2,37,000<br />

14 Option ·7'rust 0.23<br />

4,61,92,004 45.71

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