Hari and his Persons Acting in Concert (PAC) holding 15% Equity Shares in XYZ Ltd. They purchased another 20% equity shares at a negotiated price of ₹120. The data pertaining to acquisition of shares by Hari and PAC in t

Hari and his Persons Acting in Concert (PAC) holding 15% Equity Shares in XYZ Ltd. They purchased another 20% equity shares at a negotiated price of ₹120. The data pertaining to acquisition of shares by Hari and PAC in the period previous to this announcement are as follows: Date Price of Share (₹) No. of Shares Acquired 09.10.2018 94.55 5,000 19.11.2018 103.40 10,110 13.12.2018 107.50 12,124 28.12.2018 70.15 27,120 31.12.2018 72.50 30,150 03.01.2019 82.15 32,120 09.01.2019 87.10 29,750 07.02.2019 91.20 23,270 15.02.2019 75.50 32,330 07.03.2019 82.10 27,220 11.04.2019 85.10 22,110 09.05.2019 91.50 18,240 20.06.2019 92.70 20,000 19.07.2019 87.60 15,170 21.08.2019 82.70 12,714 19.09.2019 83.75 13,115 15.10.2019 93.70 37,111 14.11.2019 94.20 30,240 21.11.2019 101.70 29,999 10.12.2019 85.00 31,147 20.12.2019 95.60 30,960 Further the Volume Weighted Average Market Price for 60 trading days prior to announcement made is ₹110 per share. From the above information: (vi) Is there any reservation for the small shareholders ?