Duncans Industries Ltd has submitted the disclosure under Regulation 8A of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 to BSE
Date of Reporting : February 11, 2011
Name of the Company : Duncans Industries Ltd
Total no of outstanding shares of the Company : 53223026
Name of the Entity : ISG Traders Ltd
Details of Transaction
Date of Transaction : February 08, 2011
Number of Shares Pledged : 110579 (Invoke)
Aggregate details after the transaction
Total no of shares held by the entity in the company : 24532958
Total No of shares pledged : 24393637*
% of total shares pledged to total no of shares held by the entity in the Company : 99.43%
% of shares pledged to total no of outstanding shares of the Company : 45.83%
*Includes 2,03,83,637 shares (representing 38.30% of the capital of the company and 83.09% of the promoters' holding) pledged in favour of banks/institutions as collateral security for the sanction of credit facility in terms of restructuring under CDR mechanism.Read More
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Tuesday, February 15, 2011
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