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

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

Date of Reporting : April 21, 2011
Name of the Company : Subex Ltd
Total no of outstanding shares of the Company : 69,310,025

Name of the Entity: Kivar Holding Pvt Ltd

Details of Transaction
Date of Transaction : April 15, 2011
Number of Shares Pledged : 1,521,200

Aggregate details after the transaction
Total no of shares held by the entity in the company : 1,521,200
Total No of shares pledged : 1,521,200
% of total shares pledged to total no of shares held by the entity in the Company : 100.00%
% of shares pledged to total no of outstanding shares of the Company : 2.19%

Name of the Entity: Subash Menon

Details of Transaction
Date of Transaction : April 15, 2011
Number of Shares Pledged : 2,580,601

Aggregate details after the transaction
Total no of shares held by the entity in the company : 2,580,601
Total No of shares pledged : 2,580,601
% of total shares pledged to total no of shares held by the entity in the Company : 100.00%
% of shares pledged to total no of outstanding shares of the Company : 3.72%Read More