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| Exchange Disseminated Time | PVP Ventures Ltd has submitted the disclosure under Regulation 8A of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 to BSE
Date of Reporting : April 21, 2009
Name of the Company : PVP Ventures Ltd
Total no of outstanding shares of the Company : 23,16,43,387
Name of the Entity: Mrs. Jhansi Sureddi
Details of Transaction
Date of Transaction : March 31, 2010
Number of Shares Pledged : 6,946,000
Aggregate details after the transaction
Total no of shares held by the entity in the company: 8,078,000
Total No of shares pledged : Nil
% of total shares pledged to total no of shares held by the entity in the Company : Nil
% of shares pledged to total no of outstanding shares of the Company : Nil
As informed by Mrs Jhansi Sureddi vide her letter of April 09, 2010, these shares were pledged by her in favour of L&T Infrastructure Finance Company Ltd as a collateral for the term taken by PVP Ventures Ltd, the Company. The lender has revoked the pledge over these shares on March 31, 2010. |
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