Alankit Limited — Major Shareholding Notification 2020

Jul 28, 2020

Date: July 28, 2020

To,

BSE LIMITED Phiroze, Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001 Scrip Code: 531082

National Stock Exchange of India Limited Exchange Plaza, Plot No. C/1, G Block, Bandra Kurla Complex, Bandra (East), Mumbai – 400051

Symbol: ALANKIT

Dear Sir,

Sub: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015

In terms of Regulation 30 read with proviso to sub regulation 6 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015, it is to mention that the shareholding of the Company in M/s. Alankit Global Resources DMCC (a Dubai based Co.) has been reduced from 18.5 % to Nil on account of sale of 370 shares of face value of AED 1000 each for an aggregate amount of Rs. 3.64 crores to Mr. Alok Agarwal (Promoter of the Company) on 19.03.2020

The said transaction took place at arm’s length basis and the Price has been determined based on the valuation report of Sundae Capital Advisors Private Limited, a SEBI registered Merchant Banker vide its report dated 09th March, 2020.

It is to mention that the delay in filing of above disclosure is due to Covid 19 situation in Delhi which has hampered the movement of personnel and resources of the Company.

We request you to take the above on record.

Thanking You,

Yours faithfully For Alankit Limited

Digitally signed by Khushboo Arora Khushboo Arora DN: CN = Khushboo Arora, C = IN, S = Uttar Pradesh, O = Personal, T = 0298 Date: 2020.07.28 14:56:36 +05'30'

Khushboo Arora Company Secretary & Compliance Officer