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Exchange Disseminated Time | Star Paper Mills Ltd has submitted the disclosure under Regulation 8A of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 to BSE
Date of Reporting : January 25, 2011 Name of the Company : Star Paper Mills Ltd Total no of outstanding shares of the Company : 15608350
Name of the Entity: ISG Traders Ltd
Details of Transaction Date of Transaction : January 11, 2011 Number of Shares pledged : 70000 (Invoke)
Aggregate details after the transaction Total no of shares held by the entity in the company: 5517019 Total No of shares pledged : 5447459 % of total shares pledged to total no of shares held by the entity in the Company : 98.74% % of shares pledged to total no of outstanding shares of the Company : 34.90%
Notes : Includes 38,28,026 shares (representing 24.53% of the Capital of the Company and 68.52% of the Promoters' holding) pledged in favour of banks / institutions as collateral security for the sanction of credit facility. |
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