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

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

Date of Reporting : March 01, 2011
Name of the Company : Sujana Towers Ltd
Total no of outstanding shares of the Company : 49,16,49,230

Name of the Entity: Sujana Finance and Trading Pvt Ltd

Details of Transaction
Date of Transaction : February 25, 2011
Number of shares Pledged : 9,50,000 (Revocation)

Date of Transaction : February 28, 2011
Number of shares Pledged : 7,00,000 (Revocation)

Aggregate details after the transaction
Total no of shares held by the entity in the company : 3,23,11,450
Total No of shares pledged : 1,95,80,950
% of total shares pledged to total no of shares held by the entity in the Company : 60.60%
% of shares pledged to total no of outstanding shares of the Company : 3.98%Read More