General information about company
Scrip code	502450
NSE Symbol	SESHAPAPER
MSEI Symbol	Not Listed
ISIN	INE630A01016
Name of the company	Seshasayee Paper and Boards Limited
Whether company is SME	No
Class of Security	Equity Shares
Type of report	Quarterly
Quarter Ended / Half year ended/Date of Report (For Prelisting / Allotment)	31-12-2018
Date of allotment / extinguishment (in case Capital Restructuring selected) / Listing Date
Shareholding pattern filed under	Regulation 31 (1) (b)

Declaration
Sr. No.	Particular	Yes/No	Promoter and Promoter Group	Public shareholder	Non Promoter- Non Public
1	Whether the Listed Entity has issued any partly paid up shares?	No	No	No	No
2	Whether the Listed Entity has issued any Convertible Securities ?	No	No	No	No
3	Whether the Listed Entity has issued any Warrants ?	No	No	No	No
4	Whether the Listed Entity has any shares against which depository receipts are issued?	No	No	No	No
5	Whether the Listed Entity has any shares in locked-in?	No	No	No	No
6	Whether any shares held by promoters are pledge or otherwise encumbered?	No	No
7	Whether company has equity shares with differential voting rights?	No	No	No	No

Table I - Summary Statement holding of specified securities
Category (I)	Category of shareholder (II)	Nos. Of shareholders (III)	No. of fully paid up equity shares held (IV)	No. Of Partly paid-up equity shares held (V)	No. Of shares underlying Depository Receipts (VI)	Total nos. shares held (VII) = (IV)+(V)+ (VI)	Shareholding as a % of total no. of shares (calculated as per SCRR, 1957) (VIII) As a % of (A+B+C2)	Number of Voting Rights held in each class of securities (IX)
								No of Voting (XIV) Rights			Total as a % of (A+B+C)
								Class eg: X	Class eg:y	Total
(A)	Promoter & Promoter Group	10	5380004			5380004	42.65	5380004		5380004	42.65
(B)	Public	12336	7233624			7233624	57.35	7233624		7233624	57.35
(C)	Non Promoter- Non Public
(C1)	Shares underlying DRs
(C2)	Shares held by Employee Trusts
	Total	12346	12613628			12613628	100	12613628		12613628	100

Table I - Summary Statement holding of specified securities
Category (I)	Category of shareholder (II)	No. Of Shares Underlying Outstanding convertible securities (X)	No. of Shares Underlying Outstanding Warrants (Xi)	No. Of Shares Underlying Outstanding convertible securities and No. Of Warrants (Xi) (a)	Shareholding , as a % assuming full conversion of convertible securities ( as a percentage of diluted share capital) (XI)= (VII)+(X) As a % of (A+B+C2)	Number of Locked in shares (XII)		Number of Shares pledged or otherwise encumbered (XIII)		Number of equity shares held in dematerialized form (XIV)
						No. (a)	As a % of total Shares held (b)	No. (a)	As a % of total Shares held (b)
(A)	Promoter & Promoter Group				42.65					5380004
(B)	Public				57.35					4527235
(C)	Non Promoter- Non Public
(C1)	Shares underlying DRs
(C2)	Shares held by Employee Trusts
	Total				100					9907239

Table II - Statement showing shareholding pattern of the Promoter and Promoter Group
Sr.	Category & Name of the Shareholders (I)		Nos. Of shareholders (III)	No. of fully paid up equity shares held (IV)	No. Of Partly paid-up equity shares held (V)	No. Of shares underlying Depository Receipts (VI)	Total nos. shares held (VII) = (IV)+(V)+ (VI)	Shareholding as a % of total no. of shares (calculated as per SCRR, 1957) (VIII) As a % of (A+B+C2)	Number of Voting Rights held in each class of securities (IX)
									No of Voting (XIV) Rights			Total as a % of Total Voting rights
									Class eg: X	Class eg:y	Total
A	Table II - Statement showing shareholding pattern of the Promoter and Promoter Group
(1)	Indian
(a)	Individuals/Hindu undivided Family		3	18352			18352	0.15	18352		18352	0.15
(d)	Any Other (specify)		6	3813957			3813957	30.24	3813957		3813957	30.24
Sub-Total (A)(1)			9	3832309			3832309	30.38	3832309		3832309	30.38
(2)	Foreign
(e)	Any Other (specify)		1	1547695			1547695	12.27	1547695		1547695	12.27
Sub-Total (A)(2)			1	1547695			1547695	12.27	1547695		1547695	12.27
Total Shareholding of Promoter and Promoter Group (A)=(A)(1)+(A)(2)			10	5380004			5380004	42.65	5380004		5380004	42.65
B	Table III - Statement showing shareholding pattern of the Public shareholder
(1)	Institutions
(a)	Mutual Funds		1	200			200	0	200		200	0
(e)	Foreign Portfolio Investors		12	208343			208343	1.65	208343		208343	1.65
(f)	Financial Institutions/ Banks		16	433669			433669	3.44	433669		433669	3.44
Sub-Total (B)(1)			29	642212			642212	5.09	642212		642212	5.09
( 2 )	Central Government/ State Government(s)/ President of India		1	1800000			1800000	14.27	1800000		1800000	14.27
Sub-Total (B)(2)			1	1800000			1800000	14.27	1800000		1800000	14.27
( 3 )	Non-institutions
(a(i))	Individuals - i.Individual shareholders holding nominal share capital up to Rs. 2 lakhs.		11639	1645051			1645051	13.04	1645051		1645051	13.04
(a(ii))	Individuals - ii. Individual shareholders holding nominal share capital in excess of Rs. 2 lakhs.		8	804765			804765	6.38	804765		804765	6.38
(b)	NBFCs registered with RBI		2	109			109	0	109		109	0
(e)	Any Other (specify)		657	2341487			2341487	18.56	2341487		2341487	18.56
Sub-Total (B)(3)			12306	4791412			4791412	37.99	4791412		4791412	37.99
Total Public Shareholding (B)=(B)(1)+(B)(2)+(B)(3)			12336	7233624			7233624	57.35	7233624		7233624	57.35
C	Table IV - Statement showing shareholding pattern of the Non Promoter- Non Public shareholder
Total ( A+B+C2 )			12346	12613628			12613628	100	12613628		12613628	100
Total (A+B+C )			12346	12613628			12613628	100	12613628		12613628	100

Table II - Statement showing shareholding pattern of the Promoter and Promoter Group
Sr.	No. Of Shares Underlying Outstanding convertible securities (X)	No. of Shares Underlying Outstanding Warrants (Xi)	No. Of Shares Underlying Outstanding convertible securities and No. Of Warrants (Xi) (a)	Shareholding , as a % assuming full conversion of convertible securities ( as a percentage of diluted share capital) (XI)= (VII)+(X) As a % of (A+B+C2)	Number of Locked in shares (XII)		Number of Shares pledged or otherwise encumbered (XIII)		Number of equity shares held in dematerialized form (XIV)
					No. (a)	As a % of total Shares held (b)	No. (a)	As a % of total Shares held (b)
A	Table II - Statement showing shareholding pattern of the Promoter and Promoter Group
(1)	Indian
(a)				0.15					18352
(d)				30.24					3813957
Sub-Total (A)(1)				30.38					3832309
(2)	Foreign
(e)				12.27					1547695
Sub-Total (A)(2)				12.27					1547695
Total Shareholding of Promoter and Promoter Group (A)=(A)(1)+(A)(2)				42.65					5380004
B	Table III - Statement showing shareholding pattern of the Public shareholder
(1)	Institutions
(a)				0					0
(e)				1.65					208343
(f)				3.44					430705
Sub-Total (B)(1)				5.09					639048
( 2 )				14.27					0
Sub-Total (B)(2)				14.27					0
( 3 )	Non-institutions
(a(i))				13.04					1313643
(a(ii))				6.38					804765
(b)				0					109
(e)				18.56					1769670
Sub-Total (B)(3)				37.99					3888187
Total Public Shareholding (B)=(B)(1)+(B)(2)+(B)(3)				57.35					4527235
C	Table IV - Statement showing shareholding pattern of the Non Promoter- Non Public shareholder
Total ( A+B+C2 )				100					9907239
Total (A+B+C )				100					9907239

Individuals/Hindu undivided Family
Searial No.	1	2	3
Name of the Shareholders (I)	N GOPALARATNAM	KASI VISWANATHAN K S	V PICHAI	Click here to go back
PAN (II)	ABHPG1677P	ABZPK8584D	ADXPP2121K	Total
No. of fully paid up equity shares held (IV)	9231	582	8539	18352
No. Of Partly paid-up equity shares held (V)
No. Of shares underlying Depository Receipts (VI)
Total nos. shares held (VII) = (IV)+(V)+ (VI)	9231	582	8539	18352
Shareholding as a % of total no. of shares (calculated as per SCRR, 1957) (VIII) As a % of (A+B+C2)	0.07	0	0.07	0.15
Number of Voting Rights held in each class of securities (IX)
Class eg:X	9231	582	8539	18352
Class eg:y
Total	9231	582	8539	18352
Total as a % of Total Voting rights	0.07	0	0.07	0.15
No. Of Shares Underlying Outstanding convertible securities (X)
No. of Shares Underlying Outstanding Warrants (Xi)
No. Of Shares Underlying Outstanding convertible securities and No. Of Warrants (Xi) (a)
Shareholding , as a % assuming full conversion of convertible securities (as a percentage of diluted share capital) (XI)= (VII)+(Xi)(a) As a % of (A+B+C2)	0.07	0	0.07	0.15
Number of Locked in shares (XII)
No. (a)
As a % of total Shares held (b)
Number of Shares pledged or otherwise encumbered (XIII)
No. (a)
As a % of total Shares held (b)
Number of equity shares held in dematerialized form (XIV)	9231	582	8539	18352
Reason for not providing PAN
Reason for not providing PAN
Shareholder type	Promoter Group	Promoter Group	Promoter Group

Any Other (specify)
Searial No.	1	2	3	4	5	6
Category	Bodies Corporate	Bodies Corporate	Bodies Corporate	Bodies Corporate	Bodies Corporate	Bodies Corporate
Name of the Shareholders (I)	DHANASHREE INVESTMENTS PRIVATE LIMITED	HIGH ENERGY BATTERIES (INDIA) LIMITED	SPB PROJECTS AND CONSULTANCY LTD	TIME SQUARE INVESTMENTS (P) LTD	ULTRA INVESTMENTS AND LEASING CO. LTD	PONNI SUGARS (ERODE) LIMITED
PAN (II)	AAACD1705A	AAACH1479H	AAACS4921K	AAACT1244L	AAACU5614M	AACCP2779A
No. of the Shareholders (I)	1	1	1	1	1	1
No. of fully paid up equity shares held (IV)	590258	10329	2272	1257621	185296	1768181
No. Of Partly paid-up equity shares held (V)
No. Of shares underlying Depository Receipts (VI)
Total nos. shares held (VII) = (IV)+(V)+ (VI)	590258	10329	2272	1257621	185296	1768181
Shareholding as a % of total no. of shares (calculated as per SCRR, 1957) (VIII) As a % of (A+B+C2)	4.68	0.08	0.02	9.97	1.47	14.02
Number of Voting Rights held in each class of securities (IX)
Class eg: X	590258	10329	2272	1257621	185296	1768181
Class eg:y
Total	590258	10329	2272	1257621	185296	1768181
Total as a % of Total Voting rights	4.68	0.08	0.02	9.97	1.47	14.02
No. Of Shares Underlying Outstanding convertible securities (X)
No. of Shares Underlying Outstanding Warrants (Xi)
No. Of Shares Underlying Outstanding convertible securities and No. Of Warrants (Xi) (a)
Shareholding , as a % assuming full conversion of convertible securities (as a percentage of diluted share capital) (XI)= (VII)+(X) As a % of (A+B+C2)	4.68	0.08	0.02	9.97	1.47	14.02
Number of Locked in shares (XII)
No. (a)
As a % of total Shares held (b)
Number of Shares pledged or otherwise encumbered (XIII)
No. (a)
As a % of total Shares held (b)
Number of equity shares held in dematerialized form (XIV)	590258	10329	2272	1257621	185296	1768181
Reason for not providing PAN
Reason for not providing PAN
Shareholder type	Promoter Group	Promoter Group	Promoter Group	Promoter Group	Promoter Group	Promoter Group

Any Other (specify)
Searial No.
Category	Click here to go back
Name of the Shareholders (I)
PAN (II)	Total
No. of the Shareholders (I)	6
No. of fully paid up equity shares held (IV)	3813957
No. Of Partly paid-up equity shares held (V)
No. Of shares underlying Depository Receipts (VI)
Total nos. shares held (VII) = (IV)+(V)+ (VI)	3813957
Shareholding as a % of total no. of shares (calculated as per SCRR, 1957) (VIII) As a % of (A+B+C2)	30.24
Number of Voting Rights held in each class of securities (IX)
Class eg: X	3813957
Class eg:y
Total	3813957
Total as a % of Total Voting rights	30.24
No. Of Shares Underlying Outstanding convertible securities (X)
No. of Shares Underlying Outstanding Warrants (Xi)
No. Of Shares Underlying Outstanding convertible securities and No. Of Warrants (Xi) (a)
Shareholding , as a % assuming full conversion of convertible securities (as a percentage of diluted share capital) (XI)= (VII)+(X) As a % of (A+B+C2)	30.24
Number of Locked in shares (XII)
No. (a)
As a % of total Shares held (b)
Number of Shares pledged or otherwise encumbered (XIII)
No. (a)
As a % of total Shares held (b)
Number of equity shares held in dematerialized form (XIV)	3813957
Reason for not providing PAN
Reason for not providing PAN
Shareholder type

Any Other (specify)
Searial No.	1
Category	Bodies Corporate
Name of the Shareholders (I)	SYNERGY INVESTMENTS PTE LTD	Click here to go back
PAN (II)	AAMCS9216R	Total
No. of the Shareholders (I)	1	1
No. of fully paid up equity shares held (IV)	1547695	1547695
No. Of Partly paid-up equity shares held (V)
No. Of shares underlying Depository Receipts (VI)
Total nos. shares held (VII) = (IV)+(V)+ (VI)	1547695	1547695
Shareholding as a % of total no. of shares (calculated as per SCRR, 1957) (VIII) As a % of (A+B+C2)	12.27	12.27
Number of Voting Rights held in each class of securities (IX)
Class eg: X	1547695	1547695
Class eg:y
Total	1547695	1547695
Total as a % of Total Voting rights	12.27	12.27
No. Of Shares Underlying Outstanding convertible securities (X)
No. of Shares Underlying Outstanding Warrants (Xi)
No. Of Shares Underlying Outstanding convertible securities and No. Of Warrants (Xi) (a)
Shareholding , as a % assuming full conversion of convertible securities (as a percentage of diluted share capital) (XI)= (VII)+(X) As a % of (A+B+C2)	12.27	12.27
Number of Locked in shares (XII)
No. (a)
As a % of total Shares held (b)		0
Number of Shares pledged or otherwise encumbered (XIII)
No. (a)
As a % of total Shares held (b)		0
Number of equity shares held in dematerialized form (XIV)	1547695	1547695
Reason for not providing PAN
Reason for not providing PAN
Shareholder type	Promoter Group

Foreign Portfolio Investors
Searial No.	1
Name of the Shareholders (I)	GOTHIC CORPORATION	Click here to go back
PAN (II)	AADCG1073F	Total
No. of fully paid up equity shares held (IV)	159472	159472
No. Of Partly paid-up equity shares held (V)
No. Of shares underlying Depository Receipts (VI)
Total nos. shares held (VII) = (IV)+(V)+ (VI)	159472	159472
Shareholding as a % of total no. of shares (calculated as per SCRR, 1957) (VIII) As a % of (A+B+C2)	1.26	1.26
Number of Voting Rights held in each class of securities (IX)
Class eg: X	159472	159472
Class eg:y
Total	159472	159472
Total as a % of Total Voting rights	1.26	1.26
No. Of Shares Underlying Outstanding convertible securities (X)
No. of Shares Underlying Outstanding Warrants (Xi)
No. Of Shares Underlying Outstanding convertible securities and No. Of Warrants (Xi) (a)
Shareholding , as a % assuming full conversion of convertible securities (as a percentage of diluted share capital) (XI)= (VII)+(X) As a % of (A+B+C2)	1.26	1.26
Number of Locked in shares (XII)
No. (a)
As a % of total Shares held (b)
Number of equity shares held in dematerialized form (XIV)	159472	159472
Reason for not providing PAN
Reason for not providing PAN

Financial Institutions/ Banks
Searial No.	1
Name of the Shareholders (I)	LIFE INSURANCE CORPORATION OF INDIA	Click here to go back
PAN (II)	AAACL0582H	Total
No. of fully paid up equity shares held (IV)	428678	428678
No. Of Partly paid-up equity shares held (V)
No. Of shares underlying Depository Receipts (VI)
Total nos. shares held (VII) = (IV)+(V)+ (VI)	428678	428678
Shareholding as a % of total no. of shares (calculated as per SCRR, 1957) (VIII) As a % of (A+B+C2)	3.4	3.4
Number of Voting Rights held in each class of securities (IX)
Class eg: X	428678	428678
Class eg:y
Total	428678	428678
Total as a % of Total Voting rights	3.4	3.4
No. Of Shares Underlying Outstanding convertible securities (X)
No. of Shares Underlying Outstanding Warrants (Xi)
No. Of Shares Underlying Outstanding convertible securities and No. Of Warrants (Xi) (a)
Shareholding , as a % assuming full conversion of convertible securities (as a percentage of diluted share capital) (XI)= (VII)+(X) As a % of (A+B+C2)	3.4	3.4
Number of Locked in shares (XII)
No. (a)
As a % of total Shares held (b)
Number of equity shares held in dematerialized form (XIV)	428678	428678
Reason for not providing PAN
Reason for not providing PAN

Central Government/ State Government(s)/ President of India
Searial No.	1
Name of the Shareholders (I)	THE TAMIL NADU INDUSTRIAL INVESTMENT CORPN LTD	Click here to go back
PAN (II)	AABCT7737M	Total
No. of fully paid up equity shares held (IV)	1800000	1800000
No. Of Partly paid-up equity shares held (V)
No. Of shares underlying Depository Receipts (VI)
Total nos. shares held (VII) = (IV)+(V)+ (VI)	1800000	1800000
Shareholding as a % of total no. of shares (calculated as per SCRR, 1957) (VIII) As a % of (A+B+C2)	14.27	14.27
Number of Voting Rights held in each class of securities (IX)
Class eg: X	1800000	1800000
Class eg:y
Total	1800000	1800000
Total as a % of Total Voting rights	14.27	14.27
No. Of Shares Underlying Outstanding convertible securities (X)
No. of Shares Underlying Outstanding Warrants (Xi)
No. Of Shares Underlying Outstanding convertible securities and No. Of Warrants (Xi) (a)
Shareholding , as a % assuming full conversion of convertible securities (as a percentage of diluted share capital) (XI)= (VII)+(X) As a % of (A+B+C2)	14.27	14.27
Number of Locked in shares (XII)
No. (a)
As a % of total Shares held (b)
Number of equity shares held in dematerialized form (XIV)	0	0
Reason for not providing PAN
Reason for not providing PAN

Individuals - ii. Individual shareholders holding nominal share capital in excess of Rs. 2 lakhs.
Searial No.	1	2
Name of the Shareholders (I)	PUSHPA DEVI SARAOGI	USHA DEVI SARAOGI	Click here to go back
PAN (II)	AAAPP7597D	AAAPU0486E	Total
No. of fully paid up equity shares held (IV)	224999	224990	449989
No. Of Partly paid-up equity shares held (V)
No. Of shares underlying Depository Receipts (VI)
Total nos. shares held (VII) = (IV)+(V)+ (VI)	224999	224990	449989
Shareholding as a % of total no. of shares (calculated as per SCRR, 1957) (VIII) As a % of (A+B+C2)	1.78	1.78	3.57
Number of Voting Rights held in each class of securities (IX)
Class eg: X	224999	224990	449989
Class eg:y
Total	224999	224990	449989
Total as a % of Total Voting rights	1.78	1.78	3.57
No. Of Shares Underlying Outstanding convertible securities (X)
No. of Shares Underlying Outstanding Warrants (Xi)
No. Of Shares Underlying Outstanding convertible securities and No. Of Warrants (Xi) (a)
Shareholding , as a % assuming full conversion of convertible securities (as a percentage of diluted share capital) (XI)= (VII)+(X) As a % of (A+B+C2)	1.78	1.78	3.57
Number of Locked in shares (XII)
No. (a)
As a % of total Shares held (b)
Number of equity shares held in dematerialized form (XIV)	224999	224990	449989
Reason for not providing PAN
Reason for not providing PAN

Any Other (specify)
Searial No.	1	2	3	4	5	6	7
Category	Clearing Members	Foreign Nationals	Others	Bodies Corporate	Bodies Corporate	Foreign Portfolio Investor (Category - III)	Foreign Portfolio Investor (Category - III)
Category / More than 1 percentage	Category	Category	More than 1 percentage of shareholding	Category	More than 1 percentage of shareholding	Category	More than 1 percentage of shareholding
Name of the Shareholders (I)			INVESTOR AND EDUCATION PROTECTION FUND		COROMANDAL SUGARS LTD		ATYANT CAPITAL INDIA FUND
PAN (II)			ZZZZZ9999Z		AAACI2702G		AAFCA4514M
No. of the Shareholders (I)	19	1	1	205	1	3	1
No. of fully paid up equity shares held (IV)	1511	30	164856	225677	474463	796628	676628
No. Of Partly paid-up equity shares held (V)
No. Of shares underlying Depository Receipts (VI)
Total nos. shares held (VII) = (IV)+(V)+ (VI)	1511	30	164856	225677	474463	796628	676628
Shareholding as a % of total no. of shares (calculated as per SCRR, 1957) (VIII) As a % of (A+B+C2)	0.01	0	1.31	1.79	3.76	6.32	5.36
Number of Voting Rights held in each class of securities (IX)
Class eg: X	1511	30	164856	225677	474463	796628	676628
Class eg:y
Total	1511	30	164856	225677	474463	796628	676628
Total as a % of Total Voting rights	0.01	0	1.31	1.79	3.76	6.32	5.36
No. Of Shares Underlying Outstanding convertible securities (X)
No. of Shares Underlying Outstanding Warrants (Xi)
No. Of Shares Underlying Outstanding convertible securities and No. Of Warrants (Xi) (a)
Shareholding , as a % assuming full conversion of convertible securities (as a percentage of diluted share capital) (XI)= (VII)+(X) As a % of (A+B+C2)	0.01	0	1.31	1.79	3.76	6.32	5.36
Number of Locked in shares (XII)
No. (a)
As a % of total Shares held (b)
Number of equity shares held in dematerialized form (XIV)	1511	30	164856	222871	474463	796628	676628
Reason for not providing PAN
Reason for not providing PAN			Textual Information(1)

Any Other (specify)
Searial No.	8	9	10	11	12
Category	Trusts	Trusts	Non-Resident Indian (NRI)	LLP	Others
Category / More than 1 percentage	Category	More than 1 percentage of shareholding	Category	Category	Category
Name of the Shareholders (I)		SRI A L SOMAYAJI, MANAGING TRUSTEE, SPB EQUITY SHARES				Click here to go back
PAN (II)		ZZZZZ9999Z				Total
No. of the Shareholders (I)	4	1	421	1	1	655
No. of fully paid up equity shares held (IV)	8015	568181	100929	300	897	1133987
No. Of Partly paid-up equity shares held (V)
No. Of shares underlying Depository Receipts (VI)
Total nos. shares held (VII) = (IV)+(V)+ (VI)	8015	568181	100929	300	897	1133987
Shareholding as a % of total no. of shares (calculated as per SCRR, 1957) (VIII) As a % of (A+B+C2)	0.06	4.5	0.8	0	0.01	8.99
Number of Voting Rights held in each class of securities (IX)
Class eg: X	8015	568181	100929	300	897	1133987
Class eg:y
Total	8015	568181	100929	300	897	1133987
Total as a % of Total Voting rights	0.06	4.5	0.8	0	0.01	8.99
No. Of Shares Underlying Outstanding convertible securities (X)
No. of Shares Underlying Outstanding Warrants (Xi)
No. Of Shares Underlying Outstanding convertible securities and No. Of Warrants (Xi) (a)
Shareholding , as a % assuming full conversion of convertible securities (as a percentage of diluted share capital) (XI)= (VII)+(X) As a % of (A+B+C2)	0.06	4.5	0.8	0	0.01	8.99
Number of Locked in shares (XII)
No. (a)
As a % of total Shares held (b)
Number of equity shares held in dematerialized form (XIV)	8015	0	100099	300	897	1130351
Reason for not providing PAN
Reason for not providing PAN		Textual Information(2)

Text Block
Textual Information(1)	EXAMPTCATG
Textual Information(2)	PAN NOT GIVEN