Pennar Industries Limited NSE:PENIND
Pennar Industries : Communication to shareholders as per Reg 30
Source: MarketScreener
Date: September 22, 2022
Place: Hyderabad
The Manager, | The Manager, |
National Stock Exchange of India Ltd, | |
BSE Limited | |
Exchange Plaza, | |
Phiroze Jeejeebhoy Towers, Dalal Street, | |
Plot No. C-1,G-Block,Bandra-Kurla | |
Mumbai - 400 001 | |
Complex | |
(PENIND | 513228 | INE932A01024) | |
[Scrip Symbol: PENIND] | |
Dear Sir/Madam,
Sub: Intimation for closure of the Buyback under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2018 ("SEBI Listing Regulations")
This is further to (i) our letter dated March 9, 2022 informing the outcome of the meeting of the Board of the Directors of the company approving the Buyback, and (ii) our letter dated March 11, 2022 regarding submission of the Public Announcement dated March 11, 2022 for the Buyback.
In furtherance to the above, please be informed that the Buyback committee meeting was held today and approved the closure of Buyback of shares, further the committee noted that the closure of Buyback was in compliance with the Securities and Exchange Board of India (Buy- Back of Securities) Regulations, 2018.
The Meeting of the Buyback Committee commenced at 7:30 P.M. and concluded at 7:45 P.M.
The details of the pre and post Buyback shareholding pattern of the Company is enclosed herewith as Annexure - I.
This is for your information and records.
For Pennar Industries Limited
Mirza Mohammed Ali Baig
Digitally signed by Mirza Mohammed Ali Baig Date: 2022.09.22 19:49:59 +05'30'
Mirza Mohammed Ali Baig
Company Secretary & Compliance Officer
ACS 29058
Annexure-I | |||||||||||||
Pre Buy-back(1) | Post Buy-back(2) | ||||||||||||
% to the | % to post | ||||||||||||
Category of Shareholder | Number of | existing | Number of | Buy-back | |||||||||
Equity | Equity | ||||||||||||
Shares | Shares | ||||||||||||
Share | Share | ||||||||||||
capital | capital | ||||||||||||
Promoters and promoter group | 5,35,86,278 | 37.69 | 5,36,06,278 | 39.72 | |||||||||
Foreign Investors (Including Non- | 24,45,895 | 1.72 | 8,13,39,953 | 60.28 | |||||||||
Resident Indians, FIIs, FPIs, Foreign | |||||||||||||
Mutual Funds, Foreign Nationals) | |||||||||||||
Financial Institutions/Banks, | Mutual | 2,758 | 0.00 | ||||||||||
Funds | promoted | by | Banks/ | ||||||||||
Institutions | |||||||||||||
Others | (Public, Bodies Corporate, | 8,61,27,300 | 60.59 | ||||||||||
etc.) | |||||||||||||
Non Promoter Non Public | 0 | 0 | |||||||||||
Total | 14,21,62,231 | 100 | 13,49,46,231 | 100 |
- As on March 9, 2022.
- Pending extinguishment: 8,86,000 Equity Shares. The post Buyback Equity Share Capital is provided assuming extinguishment of all Equity Shares bought back by the Company.
Note: 20,000 equity shares in Promoter and Promoter group category was increased due to merging of demat accounts of one of the promoter group member whose demat account was not consolidated with his existing demat accounts on account of KYC non updation. The same was intimated to Stock Exchanges in shareholding pattern for the quarter ended 31.03.2022.
For Pennar Industries Limited
Mirza
Mohammed
Ali Baig
Digitally signed by Mirza Mohammed Ali Baig Date: 2022.09.22 19:50:21 +05'30'
Mirza Mohammed Ali Baig
Company Secretary & Compliance Officer
ACS 29058