KS Oils - Disclosures under Reg. 7 (1) of SEBI (SAST) Regulations, 1997.
The Exchange has received the following disclosure under Regulation 7(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997:
Name of the acquirer and PACs with the acquirer
KS Oils Ltd
Name of the acquirer and PACs with the acquirer
ECL Finance Ltd (ECL) & IDBI Trusteeship Services Ltd., in capacity as Security Trustee for ECL.
Details
Number
%
a) Shares/ VR* before acquisition under consideration
Nil
Nil
b) Shares/ VR* acquired/ (sold)
23,047,494
7.31%
c) Shares/ VR* after acquisition/ sale
23,047,494
7.31%
Mode of acquisition/ sale
Pledge
Date of acquisition/ sale of shares
Pledge on 8,178,000 shares created on Oct 16, 2007 and 620,362 shares created on Oct 16, 2007 in favour of IDBI Trusteeship Services Ltd and on 5,000,000 shares created on Feb 29, 2008 and on 9,249,132 shares created on Mar 04, 2008 in favour of ECL Finance Ltd
