Ackruti City Ltd has submitted the disclosure under Regulation 8A of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 to BSE
Date of Reporting : May 06, 2010
Name of the Company : Ackruti City Ltd
Total no of outstanding shares of the Company : 7,27,35,871
1. Name of the Entity : Kunjal H Shah / Hemant M Shah
Details of Transaction
Date of Transaction : April 30, 2010
Number of Shares Revoked : *5,00,000
Aggregate details after the transaction
Total no of shares held by the entity in the Company : 53,08,000
Total No of shares pledged : * 32,50,000
% of total shares pledged to total no of shares held by the entity in the Company : 61.222%
% of shares pledged to total no of outstanding shares of the Company : 4.468%
2. Name of the Entity : Falguni V Shah
Details of Transaction
Date of Transaction : April 30, 2010
Number of Shares Revoked : *35,00,000
Aggregate details after the transaction
Total no of shares held by the entity in the Company : 63,60,000
Total No of shares pledged : *23,32,000
% of total shares pledged to total no of shares held by the entity in the Company : 36.666%
% of shares pledged to total no of outstanding shares of the Company : 3.206%
3. Name of the Entity : Lata M Shah
Details of Transaction
Date of Transaction : April 30, 2010
Number of Shares Revoked : * 1,67,000
Aggregate details after the transaction
Total no of shares held by the entity in the Company : 24,00,000
Total No of shares pledged : 2,00,000
% of total shares pledged to total no of shares held by the entity in the Company : 8.333%
% of shares pledged to total no of outstanding shares of the Company : 0274%
Note : * - The shares pledged as collateral security for the project funding / loans availed by Ackruti City Ltd have been released pursuant to loan arrangement.