BSEInsider Trading / SAST1d ago · 24 Sept 2026, 02:59 pm
The Exchange has received the disclosure under Regulation 10(5) in respect of acquisition under Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Gangadhar Srinivas Velamati
Veljan Denison Ltd · 505232
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Veljan Denison Ltd has received an advance intimation under Regulation 10(5) of SEBI (SAST) Regulations, 2011, regarding an inter-se transfer of 8,83,979 equity shares (19.64% of paid-up equity share capital) among promoters, from Chukkamamba Sree Velamati to Gangadhar Srinivas Velamati, without consideration, as a gift.
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Veljan Denison Ltd - 505232 - Disclosures under Reg. 10(5) in respect of acquisition under Reg. 10(1)(a) of SEBI (SAST) Regulations, 2011
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Advance Intimation under Regulation 10(5) of SEBI (SAST) Regulations, 2011
Date: 24.09.2026
BSE Limited
P. J. Towers,
Dalal Street,
Mumbai - 400 001
Dear Sir/ Madam,
Sub: Advance disclosure under Regulation 10(5) of SEBI (Substantial Acquisition of Shares
and Takeovers) Regulations, 2011.
Ref: Veljan Denison Limited, Scrip Code: 505232
With reference to the above subject, we, Mrs. Chukkamamba Sree Velamati (Transferor) and Mr.
Gangadhar Srinivas Velamati (Transferee), both members of the promoter group ofVeljan Denison
Limited, hereby submit that we propose to transfer 8,83,979 equity shares of Rs. 10/- each ofVeljan
Denison Limited, constituting 19.64% of its paid-up equity share capital, through an inter-se transfer
amongst promoters by way of Gift, on or about 30.09.2026, being not earlier than 4 working days
from the date of this letter. This represents part of the Transferor's total shareholding of 8,83,988
equity shares (19.64%); the Transferor shall continue to hold the balance 9 equity shares in her own
name. Please find enclosed herewith the disclosure in the prescribed Form under Regulation 10(5)
of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
This is for the information and records of the Company and the Exchange, please.
Thanking you.
Yours sincerely,
Chukkamamba Sree Velamati
Encl.: As Above.
C.C.: Veljan Denison Limited, A-18, 19, A.P.I.E., Balanagar, Balanagar Township, Hyderabad,
Rangareddy, Telangana, India - 500037
Form under Regulation 10(5)-Jntimation to Stock Exchanges in respect of acquisition under
Regulation 10(1)(a) ofSEBI (SAST) Regulations, 2011
1. Name of the Target Company (TC) Veljan Denison Limited ("VOL")
2. Name of the acquirer(s) Gangadhar Srinivas Velamati
3. Whether the acquirer(s) is/are
promoters of the TC prior to the
transaction. If not, nature of relationship
or association with the TC or its promoters
4a. Name of the person(s) from whom
Chukkamamba Sree Velamati
shares are to be acquired
On or after 30.09.2026, being not earlier than 4
4b. Proposed date of acquisition
working days from the date of this notice
8,83,979 equity shares (19.64%) from
Chukkamamba Sree Velamati to Gangadhar
4c. Number of shares to be acquired from
Srinivas Velamati, out of her total holding of
each person mentioned in 4(a) above
8,83,988 equity shares - the Transferor
retaining the balance 9 equity shares
4d. Total shares to be acquired as% of
8,83,979 (19.64%)
share capital of TC
4e. Price at which shares are proposed to
be acquired
lnter-se transfer among Promoter Group
4f. Rationale, if any, for the proposed
between Relatives (mother and son) without
transfer
consideration, as a gift
5. Relevant sub-clause ofregulation
10(1)(a)(i) & (ii) ofSEBI (Substantial Acquisition
10(1)(a) under which the acquirer is
of Shares and Takeovers) Regulations, 2011
exempted from making open offer
6. If frequently traded, volume weighted
average market price for a period of 60
Not Applicable
trading days preceding the date of
issuance of this notice
7. If infrequently traded, the price as
determined in terms of clause ( e) of sub- Not Applicable
regulation (2) ofregulation 8
8. Declaration by the acquirer, that the
acquisition price would not be higher by
Not Applicable
more than 25% of the price computed in
point 6 or point 7 as applicable
9. Declaration by the acquirer, that the
transferor and transferee have
complied/will comply with applicable
disclosure requirements in Chapter V of
the Takeover Regulations, 2011
10. Declaration by the acquirer that all the
conditions specified under regulation
10(1)(a) with respect to exemptions has
been duly complied with
11. Shareholding details
Before the After the
proposed Before-% proposed After-% of
transaction oftotalshare transaction total share
-No.of capital of TC -No.of capital of TC
shares shares
a. Acquirer(s) and PACs
( other than sellers): 7,71,564 17.15 16,55,543 36.79
Gangadhar Srinivas Velamati
b. Seller(s): Chukkamamba
8,83,988 19.64 9 0.0002
Sree Velamati
Chukkamamba Sree Velamati
Place: Hyderabad
Date: 24.09.2026