Aarvi Encon Limited — Major Shareholding Notification 2021

Mar 15, 2021

Date: March 15, 2021

To,

National Stock Exchange of India Limited Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (E), Mumbai - 400 051

Sub: Disclosure under Regulation 10(6) of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Dear Sir(s) / Madam(s),

Please find enclosed herewith the report dated March 15, 2021 in the prescribed format under regulation 10(6) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 in respect of Equity Shares of Aarvi Encon Ltd (Target Company) transmitted to me from my Late wife Mrs. Niranjana V. Sanghavi (Member of Promoter Group in Aarvi Encon Limited).

The aforesaid transmission is pursuant to Regulation 10(1)(g) of SEBI (SAST) Regulations, 2011 and hence exempted from the obligation of making an open offer.

You are requested to take the same on record.

Thanking You,

Yours faithfully,

VIRENDRA Digitally signed by VIRENDRA DALPATRAM DALPATRAM SANGHAVI Date: 2021.03.15 SANGHAVI 17:56:32 +05'30'

Virendra D. Sanghavi