Anagha S Dandekar has submitted to the Exchange a copy of Disclosures under Regulation 10(6)-Report to stock Exchange in respect of any acquisition made in reliance upon exemption provided for in regulation 10 of SEBI (SAST) Regulations, 2011.
KOKUYOCMLN · price
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Ms. Anagha S. Dandekar, relative of the promoter, has filed a disclosure regarding the acquisition of 1,00,000 equity shares (0.10% of total share capital) of Kokuyo Camlin Limited from her late father, Mr. Subhash D. Dandekar, who was a promoter of the company. The transfer was executed by way of transmission/succession/inheritance, which qualifies for an exemption under Regulation 10(1)(g) of SEBI SAST Regulations, 2011. Pre-transaction, Ms. Anagha held Nil shares while the late promoter held 1,00,000 shares (0.10%); post-transaction, this is reversed with Ms. Anagha now holding the 1,00,000 shares. Since this is an internal transfer within the promoter family due to inheritance, the overall promoter group shareholding remains unchanged. No open offer obligation arises from this transmission.
This is a procedural disclosure for inheritance and has no material impact on the company's share price or promoter group's effective shareholding. Shareholders should note that the total promoter family stake remains the same — only the individual holder has changed from the deceased promoter to his daughter/nominee.