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

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

Date of Reporting : March 11, 2011
Name of the Company : Falcon Tyres Ltd
Total no of outstanding shares of the Company : 34085532

Name of the Entity: Manali Properties & Finance Pvt Ltd

Details of Transaction
Date of Transaction : March 07, 2011
Number of Shares Pledged: 4,50,000

Aggregate details after the transaction
Total no of shares held by the entity in the company : 54,01,980
Total No of shares pledged : 37,36,000
% of total shares pledged to total no of shares held by the entity in the Company : 69.16%
% of shares pledged to total no of outstanding shares of the Company : 10.96%

Note:
The entire issued shares of the Company is taken as Outstanding shares of the Company.Read More