bhushan relations pdf/notice... · bhushan steellimited ~ii bhushan sslics/se18 june 26, 2018...
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BHUSHAN STEEL LIMITED ~IIBHUSHAN
SSLICS/SE18June 26, 2018
Corporate Office :Bhushan Centre, Hyatt Regency Complex,Bhikaji Cama Place, New Delhi -110066
Tel. : 91-11-71194000 Fax: 91-11-46518611
The ManagerListing DepartmentSSE Limited,Phiroze JeeJee Bhoy Towers,Dalal Street,Mumbai - 400001Scrip code: 500055
The ManagerListing DepartmentNational Stock Exchange of India Limited,"Exchange Plaza", 5th Floor, Plot No. C/1, G-Block, Bandra - Kurla Complex, Bandra (E),Mumbai-400051Scrip code: SHUSANSTL
Sub: Reclassification of erstwhile Promoters
Dear Madam/Sir,
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements)Regulations, 2015 and in continuation of our communication dated May 18, 2018, please takenote that National Stock Exchange of India Limited ("NSE")and BSE Ltd ("SSE") vide theirletters dated June 25, 2018, has approved the re-classification of erstwhile promoters of theCompany i.e. i) Neeraj Singal; (ii) Brij Bhushan Singal; (iii) Ritu Singal; (iv) Aishwarya Singal;(v) Brij Bhushan Singal (HUF); and (vi) Bhushan Infrastructure Private Limited, collectivelyholding in aggregate 3.47% of the paid-up share capital of the Company, to the Public categoryshareholders, in terms of the provisions of Regulation 31A((5) of SEBI (LODR) Regulations,2015.
Post re-classification, Bamnipal Steel Limited, a wholly owned subsidiary of Tata Steel Limited,is the sole promoter of the Company holding 72.65% of the paid-up share capital of theCompany
Copies of letter received from SSE and NSE are enclosed as Annexure A and S.
This is for your information and record
~o P DavraCompany Secretary ./
Registered Office: Bhushan Centre, Ground Floor, Hyatt Regency Complex, Bhikaji Cama Place, New Delhi -110066 INDIA
Tel. : 91-11-39194000 Fax: 91-11- 26478750 Email: [email protected] Website: www.bhushansteel.com CIN: L74899DL1983PLC014942
3SEEXPERIENCE THE NEW
LISTjCOMPjMlj424/2018-19
June 25, 2018
The Company Secretaryj Compliance Officer
Bhushan Steel Limited
Bhushan Centre, Ground Floor,
Hyatt Regency Complex,
Bhikaji Cama Place, New Delhi,
Delhi, 110066
Sub: Approval letter for Reclassification of Shareholders under Regulation 31A of SEBI
(Listing Obligations and Disclosure Requirements) Regulations, 2015
Dear Sir,
We refer to your application dated May 26, 2018 seeking Reclassification of Promoter Shareholders
under the provisions of Regulation 31A of SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015.
The Exchange is pleased to approve your application for Reclassification of Promoter Shareholders
under the provisions of Regulation 31A of SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 based on submissions made by the company.
Entities mentioned in Annexure 1 shall be classified as public shareholders whereas entitiesmentioned in Annexure 2 shall continue to be the promoters of the company.
The summary of the Shareholding Pre-Reclassification & Post-Reclassification (May 2018 giving effect
of Reclassification) is as follows:
QuarterPromoter holding Public Holding
Shares Held Percentage Shares Held Percentage
Pre-Reclassification 3,78,62,501 16.72 18,86,52,245 83.28
Post-Reclassification 79,44,28,986 72.65 29,90,10,782 27.35
Reclassification of Promoters - Bhushan Steel Limitedy
Page 1 of 3
......,--::-H3S----SENSEXS& SSE Umlted (Forrnerhj Bornbap Stock Exchange ttd.)
Registered Office: Floor 25. P J Towers. Dalal Street. Mumbai 400 001 IndiaT: +91 22 2272 1234/33 E:[email protected] www.bselndla.comCorporate lelentity Number: L67 120MH2005PLC155188
3SEr \(0'["1,'11 "er- 1 f If "'I IV
This letter may be forwarded to the depositories and your RTA for necessary action at their end.
Yours faithfully!
c0rAbhijit Pai
Dy. General Manager
Enel. Annexure 1 - Details of Outgoing Promoters
Annexure 2 - Details of Incoming Promoter
cc: National Securiti
4th Floor! Trade arid!
Kamala Mi Compound!
Sena i Bapat Marg!
~ower Parel! Mumbai - 400013
Reclassification of Promoters - Bhushan Steel Limited
Shyam Bhagirath
Associate Manager
Central Depository Se '~ted
Marathon Futu
25th flo , NM Joshi Marg,
Lo r Parel, Mumbai 400013
Page 2 of 3
3SEEXPERIENCE TI IC hJC"\!
Annexure 1 - Details of Outgoing Promoters
ANNEXURE 1
SR. NO. NAME OF THE OUTGOING PROMOTER NO. OF SHARES %
HOLDINGl. NEERAJ SINGAL 1,93,27,988 1.77
2. BRIJ BHUSHAN SINGAL 47,16,930 0.43
3. AISHWARYA SINGAL 17,05,729 0.16
4. BRIJ BHUSHAN SINGAL (HUF) 10,666 0.00
5. BHUSHAN INFRASTRUCTURE PVT. LTD. 1,21,01,188 1.11
6. RITU SINGAL - 0.00
Total 3,78,62,501 3.47
Annexure 2 - Details of Incoming Promoter
ANNEXURE 2
SR. NO. NAME OF THE INCOMING PROMOTER NO. OF SHARES %
HOLDING1. BAMNIPAL STEEL LIMITED 79,44,28,986 72.65
Total 79,44,28,986 72.65
Reclassification of Promoters - Bhushan Steel Limited Page 3 of 3
S&P~ 3SE----SENSEX
~ NATIONAL STOCK EXCHANGE~ OF INDIA LIMITED
• L~' .} ., ;.::. i:" -
Ref: NSE/LIST/51370 June 25,2018
The Company SecretaryBhushan Steel LimitedBhushan Centre,Ground floor, Hyatt Regency Complex,Bhikaji Cama Place,New Delhi - 110066.
Sub: Approval for Reclassification of Promoter under Regulation 31A of SEB! (Listing Obligationsand Disclosure Requirements) Regulations, 2015
Dear Sir/Madam,
This has reference to your application dated May 26, 2018 seeking Reclassification of PromoterShareholders under the provisions of Regulation 31A of SEBr (Listing Obligations and DisclosureRequirements) Regulations, 2015.
Based on submissions made by the company, the Exchange is pleased to approve your application forreclassification of following Promoter Shareholders as per the provisions of Regulation 31A of SEB!(Listing Obligations and Disclosure Requirements) Regulations, 2015.
Sr. No. Name
1 Bhushan rnfrastructure Pvt. Ltd.2 Aishwarya Singal3 Brij Bhushan Singal (HUF)4 Neeraj Singal5 Brij Bhushan Singal6 Ritu Singal
You are required to ensure that the event of reclassification shall be disclosed to the Exchange as a materialevent in accordance with the provisions of SEB! (Listing Obligations and Disclosure Requirements)Regulations, 2015.
Yours faithfully,For National Stock Exchange of India Ltd.
Hiren ShahSenior Manager
CC: National Securities Depository Limited4th Floor, Trade world,Kamala Mills Compound,Senapati Bapat Marg.,Lower Parel, Mumbai - 400013
Central Depository Services LimitedPJ.Towers, 28th Floor,Dalal Street, Mumbai - 400 073
This Document is Digitally Signed