ABC India Ltd. — Major Shareholding Notification 2020

Feb 25, 2020

ABC FINANCIAL SERVICES PVT. LTD. Regd. Office: 40/8, BALLYGUNGE CIRCULAR ROAD, KOLKATA - 700 019, PH: 2461 4156

Date: 25^th February, 2020

The Secretary BSE Ltd. Listing Department Phiroze Jeejeebhoy Towers Dalal Street Mumbai-400 001

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

Dear Sir,

Re: Disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

1. Name of The Target Company (TC)
2. Name(s) of the acquirer /seller and Persons Acting in Concert (PAC) with the acquirer	ABC India Ltd. ABC Financial Services Pvt. Ltd. PACs with acquirers: Mr. Anand Kumar Agarwal, Mrs. Nirmal Agarwal, Mr. Ashish Agarwal, Mrs. Kadambari Kapoor, Ms. Sweta Agarwal, Bhoruka Properties Pvt. Ltd., Sweta Financial Services Pvt. Ltd., Prabhu Dhan Infrastructure Pvt. Ltd., Ms. Nirmal
٢	Agarwal & Mr. Ashish Agarwal Partners of Assam Bengal Carriers, Prabhu Dhan Investment Pvt. Ltd.
3. Whether the acquirer /seller belongs to Promoter/Promoter group		Yes
4. Name(s) of the Stock Exchange(s) where the shares of TC are listed	BSE Ltd. The Calcutta Stock Exchange Ltd.
5. Details of the acquisition/disposal as follows	Number	% w.r.t. total share/voting capital wherever applicable (*)	% w.r.t. total diluted share/votin g capital of the $TC$ $(**)$
Before the acquisition /sale under consideration, holding of:

(a) Shares carrying voting rights	1393465	25.72	25.72
(b) Shares in the nature of encumbrance (pledge/lien/non-disposal undertaking/others) #	900000	NIL	NIL
(c) Voting rights (VR) otherwise than by shares	NIL	NIL	NIL
(d) Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the T C (specify holding in each category)	NIL	NIL	NIL
Total (a+b+c+d)	1393495	25.72	25.72
Details of acquisition/sale
(a) Shares carrying voting rights acquired/sold	75000	1.38	1.38
(b) VR acquired/sold otherwise than by shares	NIL	NIL	NIL
(c) Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the T C (specify holding in each category) acquired/sold	NIL	NIL	NIL
(d) Shares encumbered/invoked/released by the acquirer	NIL	NIL	NIL
٢ Total (a+b+c+/-d)	75000	1.38	1.38
After the acquisition/sale, holdings of:
(a) Shares carrying voting rights	1318465	24.34	24.34
(b) Shares encumbered with the acquirer	NIL	NIL	NIL
(c) VR otherwise than by shares	NIL	NIL	NIL
(d) Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the T C (specify holding in each category) after acquisition	NIL	NIL	NIL
Total (a+b+c+d)	1318465	24.34	24.34

6. Mode of acquisition/sale (e.g. open market/off-market/public issue/rights issue/preferential allotment/inter-se transfer etc).	Off Market Inter-se transfer
7. Date of acquisition/sale of shares/VR or date of receipt of intimation of allotment of shares, whichever is applicable	24 th February, 2020
8. Equity share capital/total voting capital of the TC before the said acquisition/sale	5417232
9. Equity share capital/total voting capital of the TC after the said acquisition/sale	5417232
10. Total diluted share/voting capital of the TC after the said acquisition/sale.	5417232

(*) Total share capital/voting capital to be taken as per the latest filing done by the company to the Stock Exchange under Clause 35 of the listing Agreement.

(**) Diluted share/voting capital means the total number of shares in the TC assuming full conversion of the outstanding convertible securities/warrants into equity shares of the TC.

(#) 354200 shares pledge with State Bank of India-Commercial Branch on 23^rd March 2015, 245800 shares pledge with State bank of India-Commercial Branch on 24th March 2015, 50000 shares
pledge with SKS Fincap Pvt. Ltd. on 31^st March 2015, 100000 shares pledge with SKS Fincap Pvt. Ltd. on 29^th November, 2017 & 150000 shares pledge with SKS Fincap Pvt. Ltd. on 1^st October, 2018 and necessary disclosure as required under regulation 31(1) has already been filed on $24^th$ March 2015, $25^th$ March 2015, $31^st$ March 2015, $30^th$ November, 2017 & 1^st October, 2018 respectively.

ABC FINANCIAL SERVICES PVT. LTD.

Mich
Director

Signature of the acquirer/seller/authorized signatory

Place: Kolkata j

Date: 25th February, 2020

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