Ashok Leyland Ltd. — Major Shareholding Notification 2021

Mar 26, 2021

==> picture [73 x 51] intentionally omitted <==

HINDUJA AUTOMOTIVE LIMITED

NEW ZEALAND HOUSE, 80 HAYMARKET, LONDON SW1Y 4TE TELEPHONE; 020 7839 4661 FACSIMILE: 020 7930 3841/7102

Date: 26 March 2021

To,

BSE Limited Ist Floor, New Trading Ring Rotunda Building P J Towers Dalal Street, Fort Mumbai 400 001

Dear Sirs,

RE: Disclosure by the Promoter(s) to the stock exchanges

Please find enclosed a disclosure certificate in the desired format for disclosure by the Promoter(s) to the stock exchanges and to the Target Company for encumbrance of shares/invocation of encumbrance/release of encumbrance, in terms of Regulation 31 of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Should you require any further information please do not hesitate to contact us.

Yours sincerely

==> picture [62 x 56] intentionally omitted <==

Company Secretary

REGISTERED IN ENGLAND No. 159177 Registered Office: 13[rd] Floor, New Zealand House, 80 Haymarket, London SW1Y 4TE

VAT REGISTRATION NUMBER: 136 9590 79

ANNEXURE – 1

Format for disclosure by the Promoter(s) to the stock exchanges and to the Target Company for encumbrance of shares / invocation of encumbrance/ release of encumbrance, in terms of Regulation 31(1) and 31(2) of SEBI (Substantial

Acquisition of Shares and Takeovers) Regulations, 2011

Name of the Target Company(TC)	Name of the Target Company(TC)	Name of the Target Company(TC)	Name of the Target Company(TC)	Name of the Target Company(TC)	Name of the Target Company(TC)	Name of the Target Company(TC)	Name of the Target Company(TC)	Ashok Leyland Limited	Ashok Leyland Limited	Ashok Leyland Limited
Names of the stock exchanges where the shares of the target company are listed								National Stock Exchange of India Limited BSE Limited
Date of reporting								26.03.2021
Name of the promoter or PAC on whose shares encumbrance has been created/released/invoked								Hinduja Automotive Limited
Details of the creation of encumbrance :
Name of the promoter (s) or PACs with him*	Promoter holding in the target company (1)		Promoter holding already encumbered (2)		Details of events pertaining to encumbrance (3)								Post event holding of encumbered shares {creation [(2)+(3)] / release [(2)-(3)] / invocation [(1)-(3)]]
	Number	% of total share capital	Number	% of total share capital	Type of event (creation / release / invocation)	Date of creation/ release/ invocation of encumbrance	Type of encumbrance (pledge/ lien/ non disposal undertaking/ others)		Reasons for encumbrance **	Number	% of share capital	Name of the entity in whose favor shares encumbered ***	Number	% of total share capital
Hinduja Automotive Limited	1493532882	50.88	163200000	5.56	Creation	19.03.2021	Pledge		Collateral for loans taken by the Company	101160000	3.45	Arranger and Original Lender -BARCLAYS BANK PLC,authorized in the United Kingdom bearing registered number 1026167 and registered office at 1 Churchill Place, London E14 5HP Onshore Security Agent - CATALYST TRUSTEESHIP LIMITED (formerly GDA TRUSTEESHIP LIMITED), a company incorporated under the Companies Act, 1956, having CIN U74999PN1997PLC110262 and having its registered office at office at GDA House, Plot No. 85, Bhusari Colony (Right), Paud Road, Pune-411038, and branch office at Windsor, 6th Floor, Office No. 604, C.S.T. Road, Kalina, Santacruz (East), Mumbai–400098 , and 810, 8th Floor, Kailash Building, 26, Kasturba Gandhi Marg,New Delhi–110001	264360000	9.01

Signature of the Authorized Signatory

ABHIJIT MUKHOPADHYAY COMPANY SECRETARY, HINDUJA AUTOMOTIVE LIMITED

Place: LONDON

Date: 26.03.2021

• *The names of all the promoters, their shareholding in the target company and their pledged shareholding as on the reporting date should appear in the table irrespective of whether they are reporting on the date of event or not.

• ** For example, for the purpose of collateral for loans taken by the company, personal borrowing, third party pledge, etc.

***This would include name of both the lender and the trustee who may hold shares directly or on behalf of the lender.