Tulip Telecom Ltd has submitted the disclosure under Regulation 8A of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 to BSE
Date of Reporting : February 22, 2011
Name of the Company : Tulip Telecom Ltd
Total no of outstanding shares of the Company : 14,50,00,000
Name of the Entity : Cedar Infonet (P) Ltd
Details of Transaction
Date of Transaction : February 03, 2011
Number of Shares Pledged : 4,00,000
Aggregate details after the transaction
Total no of shares held by the entity in the Company : 4,79,08,750
Total No of shares pledged : 1,52,75,000*
% of total shares pledged to total no of shares held by the entity in the Company : 31.88%
% of shares pledged to total no of outstanding shares of the Company : 10.53%
*Total No of shares Pledged also include the shares Pledged by M/s Sukhmani Technologies (P) Ltd. pursuant to the scheme of arrangement among M/s Cedar Infonet (P) Ltd., M/s Sukhmani Technologies (P) Ltd. and M/s Encore Technologies (P) Ltd.Read More
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Tuesday, February 22, 2011
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