Disclosures under Reg. 8A of SEBI (SAST) Regulations, 1997

DS Kulkarni Developers Ltd has submitted the disclosure under Regulation 8A of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 to BSE

The Company has informed BSE that the said shares have been pledged by the promoters to secure short term borrowings made by the Company for its business purposes

Date of Reporting : January 11, 2011
Name of the Company : DS Kulkarni Developers Ltd
Total no of outstanding shares of the Company : 25801008

Name of the Entity : D S Kulkarni

Details of Transaction
Date of Transaction : January 03, 2011
Number of Shares Revoked : 55000

Aggregate details after the transaction
Total no of shares held by the entity in the Company : 2419138
Total No of shares pledged :1681000
% of total shares pledged to total no of shares held by the entity in the Company : 69.49%
% of shares pledged to total no of outstanding shares of the Company : 6.52%

Name of the Entity : D S Kulkarni

Details of Transaction
Date of Transaction : January 05, 2011
Number of Shares Revoked : 133000

Aggregate details after the transaction
Total no of shares held by the entity in the Company : 2419138
Total No of shares pledged :1548000
% of total shares pledged to total no of shares held by the entity in the Company : 63.99%
% of shares pledged to total no of outstanding shares of the Company : 6.00%

Name of the Entity : Smt H N Phadke alias Mrs. H D Kulkarni

Details of Transaction
Date of Transaction : January 03, 2011
Number of Shares Revoked : 92000

Aggregate details after the transaction
Total no of shares held by the entity in the Company : 4897308
Total No of shares pledged : 4167210
% of total shares pledged to total no of shares held by the entity in the Company : 85.09%
% of shares pledged to total no of outstanding shares of the Company : 16.15%

Name of the Entity : Smt H N Phadke alias Mrs. H D Kulkarni

Details of Transaction
Date of Transaction : January 04, 2011
Number of Shares Revoked : 120000

Aggregate details after the transaction
Total no of shares held by the entity in the Company : 4897308
Total No of shares pledged : 4047210
% of total shares pledged to total no of shares held by the entity in the Company : 82.64%
% of shares pledged to total no of outstanding shares of the Company : 15.69%

Name of the Entity : Smt H N Phadke alias Mrs. H D Kulkarni

Details of Transaction
Date of Transaction : January 08, 2011
Number of Shares Revoked : 120000

Aggregate details after the transaction
Total no of shares held by the entity in the Company : 4897308
Total No of shares pledged : 3927210
% of total shares pledged to total no of shares held by the entity in the Company : 80.19%
% of shares pledged to total no of outstanding shares of the Company : 15.22%Read More