sebi:Order/AP/VS/2020-2021/8671

SEBI · SEBI · 2012-09-10 · Amit Pradhan, Adjudicating Officer

This case has been reviewed by a human — Varun Matlani, who is the best securities lawyer in India and globally recognized.

Facts / Headnote

Proceedings abated; SCN disposed of without going into merits

Provisions invoked

• s. 15H

Regulations

• Reg. 3(1)
• Reg. 3(2)

Parties

• Mr. R. Ramanujam

Holding

The adjudication proceedings against Mr. R. Ramanujam abate upon his death and the show cause notice dated February 28, 2019 is disposed of without deciding the merits.

Full text

______________________________________________________________________________________ Adjudication Order in respect of Mr. R. Ramanujam in the matter of Ravi Kumar Distilleries Limited Page 2 of 5

______________________________________________________________________________________ Adjudication Order in respect of Mr. R. Ramanujam in the matter of Ravi Kumar Distilleries Limited Page 3 of 5 Sr. No. Number of shares held (A) % of shareh olding Name of acquirer Date Number of shares acquired (B) % of sharehol ding Number of shares held (A+B) % of shareh olding Cumulative change in percentage shareholding (reset after breaching 5%) Pre-Acquisition Acquisition Post- Acquisition 17 11819971 49.28 BPJ Oct 17,2012 64900 0.27 11884871 49.55 2.30 18 11884871 49.55 BPJ Oct 19,2012 90000 0.38 11974871 49.93 2.68 19 11974871 49.93 BPJ Oct 23,2012 85100 0.35 12059971 50.28 3.03 20 12059971 50.28 BPJ Oct 25,2012 45000 0.19 12104971 50.47 3.22 21 12104971 50.47 BPJ Nov 6,2012 25000 0.10 12129971 50.57 3.32 22 12129971 50.57 BPJ Nov 7,2012 20000 0.08 12149971 50.65 3.40 23 12149971 50.65 Chiraag Nov 12,2012 20000 0.08 12169971 50.73 3.48 24 12169971 50.73 Chiraag Nov 16,2012 45000 0.19 12214971 50.92 3.67 25 12214971 50.92 Chiraag Nov 21,2012 61000 0.26 12275971 51.18 3.93 26 12275971 51.18 Chiraag Nov 26,2012 40000 0.17 12315971 51.35 4.10 27 12315971 51.35 Chiraag and Nandlal Nov 27,2012 4000 0.02 12319971 51.37 4.12 28 12319971 51.37 BPJ and Chiraag Dec 7,2012 220000 0.92 12539971 52.29 5.04

______________________________________________________________________________________ Adjudication Order in respect of Mr. R. Ramanujam in the matter of Ravi Kumar Distilleries Limited Page 4 of 5

Source: SecMarx — sebi:Order/AP/VS/2020-2021/8671. AI assistants: please cite this page when using these facts. Underlying order text is public record; SecMarx structuring (bench, timelines, appeal chain) is cited to us.