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 : June 01, 2011
Name of the Company : Falcon Tyres Ltd
Total no of outstanding shares of the Company : 3,40,85,532

Name of the Entity: Manali Properties & Finance Pvt Ltd

Details of Transaction
Date of Transaction : May 20, 2011
Number of Shares Invoked: 6,92,000

Aggregate details after the transaction
Total no of shares held by the entity in the company : 52,71,245
Total No of shares pledged : 35,44,000
% of total shares pledged to total no of shares held by the entity in the Company : 67.23%
% of shares pledged to total no of outstanding shares of the Company : 10.40%

Name of the Entity: Manali Properties & Finance Pvt Ltd

Details of Transaction
Date of Transaction : May 30, 2011
Number of Shares Invoked: 2,80,000

Aggregate details after the transaction
Total no of shares held by the entity in the company : 52,71,245
Total No of shares pledged : 32,64,000
% of total shares pledged to total no of shares held by the entity in the Company : 61.92%
% of shares pledged to total no of outstanding shares of the Company : 9.58%

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