ABC India Ltd. — Major Shareholding Notification 2020

Mar 6, 2020

ASSAM BENGAL CARRIERS

Read. Office: P-10. NEW C.I.T. ROAD. KOLKATA - 700073 Phone: (033) 2237-8562, 2461 4156 Fax: 033 2461-4193 E-mail: pd1995@gmail.com

Ref. No...................................

Date....................................

Date: 6^th March, 2020

BSE Limited Phiroze Jeejeebhoy Towers Dalal Street Mumbai - 400 001

The Calcutta Stock Exchange Ltd. 7, Lyons Range Kolkata - 700 001

Dear Sir,

Sub: Disclosure under regulation 10 (6) of Securities and Exchange Board of India (Substantial Acquisitions of Shares and takeovers) Regulations, 2011

With reference to our intimation dated 26^th February, 2020 under Regulation 10 (5) of Takeover Regulations, Nirmal Agarwal & Ashish Agarwal Partners of Assam Bengal Carriers have acquired 80000 Equity Shares of ABC India Ltd. on 5^th March, 2020 by way of inter se transfer amongst promoter group entities by way of purchase & sale on off market.

In this connection, please find enclosed the disclosure as per Regulation $10(6)$ of the Takeover Regulations.

Kindly take the same on record and oblige.

Thanking you

Yours faithfully For Assam Bengal Carriers

sportanisal

Authorised Signatory

Encl: As above

CC: The Company Secretary ABC India Ltd. 40/8, Ballygunge Circular Road Kolkata - 700 019

Format for Disclosures under Regulation 10(6) –Report to Stock Exchanges in respect of
any acquisition made in reliance upon exemption provided for in Regulation 10 of SEBI
(Substantial Acquisition of Shares and Takeovers)

	1.		Name of the Target Company (TC)	ABC India Limited
			2. Name of the acquirer $(s)$	Nirmal Agarwal & Ashish Agarwal
				Partners of Assam Bengal Carriers
		3. Name of the stock exchange where shares of the TC are listed		BSE Limited The Calcutta Stock Exchange Ltd.
	4.		Details of the transaction including	Restructuring of Promoter holding by
			rationale, if any, for the transfer/	Inter-Se Transfer amongst promoter group entities by way of purchase & sale on off
			acquisition of shares.
				market.
	5.		Relevant regulation under which the	10(1)(a)(ii)
			acquirer is exempted from making open offer.
	6.		Whether disclosure
			of proposed acquisition was required to be made
			under regulation 10 (5) and if so,
		- whether disclosure was made and Yes
			whether it was made within the
			timeline specified under the
		regulations. - date of filing with the stock exchange.
				BSE Ltd. - 26 th February, 2020
				The Calcutta Stock Exchange Ltd. - 26 th
	7.			February, 2020
			Details of acquisition	Disclosures	Whether the
				required to be made under	disclosures under regulation $10(5)$
				regulation $10(5)$	are actually made
		a.	Name of the transferor / seller
			ABC Financial Services Pvt. Ltd.	Yes	Yes
		b.	Date of acquisition
				On or after 4 th March, 2020	5 th March, 2020
		c.	Number of shares/ voting rights in	No of shares	No of Shares
			respect of the acquisitions from each	proposed to be	actually acquired
			person mentioned in $7(a)$ above	acquired as per
				disclosure made under
				Regulation 10(5)
			ABC Financial Services Pvt. Ltd.	350000	80000
		d.	Total shares proposed to be acquired /	Shares Proposed to	Shares actually
			actually acquired as a % of diluted	be acquired	acquired
			share capital of TC
				350000 (#) / 6.46%	$80000$ (##) / 1.48%

CALCUTTA

	e.	Price at which shares are proposed	At the off market price prevailing on		Actual No. of Shares Rate
		to be acquired / actually acquired
			the date of
			acquisition subject		80000	92.75
			to proviso to Regulation 10(1)(a)(ii)
8.		Shareholding details	Pre-Transaction		Post-Transaction
			No. of	$\%$ w.r.t	No. of	% w.r.t
			shares	total	shares	total
			held	share	held	share
				capital of		capital of
				TC		TC
	a	Each Acquirer / Transferee(*)
		Nirmal & Ashish Agarwal Partners of	356000	6.57	436000	8.05
		Assam Bengal Carriers
	$\mathbf{b}$	Each Seller / Transferor
		ABC Financial Services Pvt. Ltd.	1318465	24.34	1238465	22.86

Note:

(#) Refer to intimation under Regulation 10(5) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 ("Takeover Regulations") dated 26^th February, 2020. This quantum comprise whole of the item no. 7-C.

(##) Refer to intimation under Regulation 10(5) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 ("Takeover Regulations") dated 26^th February, 2020. This quantum comprise only 80000 under item no. 7-C. Balance (350000-80000) 270000 under item no. 7-C yet to be transferred by the seller.

The Acquirer & sellers are part of the promoter and promoter group. The aggregate shareholding of the promoter and promoter group prior to the transfers & after the transfers has remain unchanged.

(*) Shareholding of each entity may be shown separately and then collectively in a group.

The above disclosure shall be signed by the acquirer mentioning date $\&$ place. In case, there is more than one acquirer, the report shall be signed either by all the persons or by a person duly authorized to do so on behalf of all the acquirers.

For Assam Bengal Carriers

They fay wel

Authorized Signatory

Place : Kolkata Date : $6^{\text{th}}$ March, 2020