Invocation of pledge of shares of a listed company

[bhavani prasad]

Dear Friends.,

On of the promoters of the listed company has pledged his shares to the pledgee (a company) and now the pledgee has invoked the pledge pertaining to the encumbrance of shares.

What are the formalities to be accomplished by the Company to the Stock exchanges in this regard under SAST,2011 and Prevention of Insider Trading regulations,1992

Thanks in advance.

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CS Bhavani Prasad C N
Company Secretary

[Amit]

Dear Frind,

 For Stock exchange under listing compliance clause 35 disclosure under shareholding pattern. These shareholding patter has been amended and the Lattest Shareholding pattern for the quarter ended 31/12/2011 can be downloaded from the BSE website.

Regards

Amit Kumar
Company Secretary
Delhi

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[Manoj Mishra]

Under Regulation 30 of SAST 2011 information need to be given to the
Stock exchange within 2 days as well as the target co. of the
invocation. Resultant holding of the pledgeee if so requires, I mean
the trigeer point exceeds then necessary public announcement need to
be made.

Regards,
CS Manoj Mishra

[kameswara Rao Kappagantula]

read Reg. 8A

apart from other compliances.
Kamesh