Vipul has informed that the Company has received disclosure from Shyam Sunder Beriwala (Acquirer) on October 30, 2020, under Regulation 29(1) of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, in connection with the acquisition of 88,27,534 shares (7.36%) in off market transaction pursuant to ‘dissolution of HUF’ on October 29, 2020. (Inter-se transfer amongst Promoters & Promoter Group).
The above information is a part of company’s filings submitted to BSE.