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

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

Date of Reporting : April 13, 2011
Name of the Company : Elder Pharmaceuticals Ltd
Total no of outstanding shares of the Company : 20536936

Name of the Entity : Indarts Exports Pvt Ltd

Details of Transaction
Date of Transaction : April 11, 2011
Number of Shares Pledged : 280000

Aggregate details after the transaction
Total no of shares held by the entity in the company : 2381495
Total No of shares pledged : 2303150
% of total shares pledged to total no of shares held by the entity in the Company : 96.71%
% of shares pledged to total no of outstanding shares of the Company : 11.21%

Name of the Entity : Elder Projects Ltd

Details of Transaction
Date of Transaction : April 11, 2011
Number of Shares Pledged : 580000

Aggregate details after the transaction
Total no of shares held by the entity in the company : 581450
Total No of shares pledged : 580000
% of total shares pledged to total no of shares held by the entity in the Company : 99.75%
% of shares pledged to total no of outstanding shares of the Company : 2.82%Read More