Parsvnath Developers Ltd: Disclosures under Reg. 8A of SEBI (SAST) Regulations, 1997

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

Date of Reporting : February 21, 2011
Name of the Company : Parsvnath Developers Ltd
Total no of outstanding shares of the Company : 43,51,81,170

Name of the Entity: Pradeep Kumar Jain & Sons (HUF)

Details of Transaction :
Date of Transaction : February 07, 2011
Number of Shares Pledged : 8,50,000

Aggregate details after the transaction
Total no of shares held by the entity in the company : 11,70,57,744
Total No of shares pledged : 10,68,08,160
% of total shares pledged to total no of shares held by the entity in the Company : 91.24%
% of shares pledged to total no of outstanding shares of the Company : 24.54%

Name of the Entity: Pradeep Kumar Jain & Sons (HUF)

Details of Transaction :
Date of Transaction : February 09, 2011
Number of Shares Pledged : 10,00,000

Aggregate details after the transaction
Total no of shares held by the entity in the company : 11,70,57,744
Total No of shares pledged : 10,78,08,160
% of total shares pledged to total no of shares held by the entity in the Company : 92.10%
% of shares pledged to total no of outstanding shares of the Company : 24.77%

Name of the Entity: Pradeep Kumar Jain

Details of Transaction :
Date of Transaction : February 07, 2011
Number of Shares Pledged : 15,70,000

Aggregate details after the transaction
Total no of shares held by the entity in the company : 9,14,68,656
Total No of shares pledged : 8,38,06,212
% of total shares pledged to total no of shares held by the entity in the Company : 91.62%
% of shares pledged to total no of outstanding shares of the Company : 19.26%

Name of the Entity: Pradeep Kumar Jain

Details of Transaction :
Date of Transaction : February 08, 2011
Number of Shares Revoked : 1,40,000

Aggregate details after the transaction
Total no of shares held by the entity in the company : 9,14,68,656
Total No of shares pledged : 8,36,66,212
% of total shares pledged to total no of shares held by the entity in the Company : 91.47%
% of shares pledged to total no of outstanding shares of the Company : 19.23%

Name of the Entity: Pradeep Kumar Jain

Details of Transaction :
Date of Transaction : February 09, 2011
Number of Shares Pledged : 10,00,000

Aggregate details after the transaction
Total no of shares held by the entity in the company : 9,14,68,656
Total No of shares pledged : 8,46,66,212
% of total shares pledged to total no of shares held by the entity in the Company : 92.56%
% of shares pledged to total no of outstanding shares of the Company : 19.46%Read More