Satra Properties India Ltd: Disclosures under Reg. 8A of SEBI (SAST) Regulations, 1997

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

Date of Reporting : March 31, 2011
Name of the Company : Satra Properties India Ltd
Total no of outstanding shares of the Company : 16,13,58,000 Equity Shares of F.V. of Rs. 2/- each. 74,00,000 8% Cumulative Redeemable Preference shares of F.V. of Rs. 10/- each

Equity:

Name of the Entity : Praful N Satra

Details of Transaction
Date of Transaction : March 09, 2011
Number of Shares Pledged / Revoked : 1,30,00,000 (Pledge)

Aggregate details after the transaction
Total no of shares held by the entity in the Company : 6,10,62,331
Total No of shares pledged : 6,04,70,831
% of total shares pledged to total no of shares held by the entity in the Company : 99.03%
% of shares pledged to total no of outstanding shares of the Company : 37.48%Read More