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Wednesday, March 16, 2011

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

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

The Company has informed BSE that an entity acting in concert with the Promoters and forming part of the Promoter Group of the Company have pledged additonal 2,00,000 equity shares of Rs.5 each of the Company, representing 0.13% of the total shareholding of Promoter & Promoter Group and representing 0.03% of the total paid-up equity share capital of the Company.

Date of Reporting : March 16, 2011
Name of the Company : Mahindra & Mahindra Ltd
Total no of outstanding shares of the Company : 61,39,40,109

Name of the Entity: Ridge Business Centre Pvt Ltd

Details of Transaction
Date of Transaction : March 10, 2011
Number of Shares pledged : 2,00,000

Aggregate details after the transaction
Total no of shares held by the entity in the company: 2,57,14,138
Total No of shares pledged : 26,77,916
% of total shares pledged to total no of shares held by the entity in the Company : 10.41%
% of shares pledged to total no of outstanding shares of the Company : 0.44%Read More

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