Aurum PropTech Limited — Major Shareholding Notification 2020

Dec 10, 2020

Format for Disclosures under Regulation 10(5) - Intimation to Stock Exchanges in respectof acquisition under Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

1.	Name of the Target Company (TC)		Majesco Limited
2.	Name of the acquirer(s)		Bhavitha Foundation
3.		Whethertheacquirer(s)is/arepromoters of the TC prior to thetransaction. If not, nature of relationshipor association with the TC oritspromoters	Acquirer is not part of Promoter Group.Acquirer is owned by Mrs. Girija Ram, one of thePromoters of the TC
4.	Details of the proposed acquisition
	a.	Name of the person(s) from whomshares are to be acquired	Mrs. Girija Ram
	b.	Proposed date of acquisition	On or after December 17, 2020
	Number of shares to be acquiredC.from each person mentioned in 4(a)above		5,00,000 shares
	Total shares to be acquired as % ofd.share capital of TC		5,00,000 shares representing 1.66% of totalshare capital of TC
	е.	Price at which shares are proposedto be acquired	Not applicable as the acquisition is being doneby way of gift.
	$f_{\star}$	Rationale, if any, for the proposedtransfer	Inter-se transfer of shares amongst Promoterand company controlled by the Promoter
5.	Relevantsub-clauseofregulation10(1)(a) under which the acquirer isexempted from making open offer		Regulation 10(1)(a)(iii)
6.		If, frequently traded, volume weightedaverage market price for a period of 60trading days preceding the date ofissuance of this notice as traded on thestock exchange where the maximumvolume of trading in the shares of the TCare recorded during such period.	Rs. 889.82(The National Stock Exchange of India Limited)
7.	If in-frequently traded, the price asdetermined in terms of clause (e) of sub-regulation (2) of regulation 8.		Not Applicable
8.	Declaration by the acquirer, that theacquisition price would not be higher bymore than 25% of the price computed inpoint 6 or point 7 as applicable.		Not applicable as the acquisition is being doneby way of gift.
9.		Declaration by the acquirer, that thetransferor and transferee have complied/will comply with applicable disclosure	We hereby confirm that the transferor andtransferee have complied/ will comply with

		requirements in Chapter V of theTakeoverRegulations,2011(corresponding provisionsoftherepealed Takeover Regulations 1997)	applicable disclosure requirements as perChapter V of the Takeover Regulations, 2011.
10.		Declaration by the acquirer that all theWe hereby confirm that that all the conditionsconditions specified under regulationspecified under Regulation 10(1)(a)with10(1)(a) with respect to exemptions hasrespect to exemptions have beendulybeen duly complied with.complied with.
11.		Shareholding details	Before the proposed			After the proposed
			transaction		transaction
			No. of	% w.r.t.	No. of	% w.r.t.
			shares/	total	shares/	total
			voting	share	voting	share
			rights	capital of	rights	capital of
				TC		TC
	a.	Acquirer(s) and PACs (other thansellers)(*)	As per Annexure 'A'
	b.	Seller(s)

an

Girij Director Bhavitha Foundation

Date: December 10, 2020 Place: Mumbai

NOTE:

• . (*) Shareholding of each entity shall 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. .

Annexure A
Sr.No.	Promoter GroupEntity		Before the proposed transaction	After the proposed transaction
		Number ofshares/ votingrights	% w.r.t. totalshare capital ofTC	Number ofshares/voting rights	% w.r.t. totalshare capitalof TC
a.	Acquirer(s) andPACs (other thansellers)(*)
	Acquirer/Transferee
	Bhavitha Foundation	0	N.A.	5,00,000	1.66
	PACs(other than sellers)
	Ketan Mehta	32,10,661	10.65	32,10,661	10.65
	Tanay Mehta	6,400	0.02	6,400	0.02
	Ashank Desai	31,79,552	10.55	31,79,552	10.55
	Padma Desai	1,55,200	0.51	1,55,200	0.51
	Chinmay AshankDesai	71,600	0.24	71,600	0.24
	Avanti Desai	81,600	0.27	81,600	0.27
	Varun Sundar	64,000	0.21	64,000	0.21
	Shankar Sundar	64,000	0.21	64,000	0.21
	Girija Ram(Trustee for RamFamily Trust $-1$ )	5,00,000	1.66	5,00,000	1.66
	SundarRadhakrishnan	11,26,968	3.74	11,26,968	3.74
	Usha Sundar	4,60,000	1.53	4,60,000	1.53
b.	Sellers/ Transferors
	Girija Ram	13,73,691	4.56	8,73,691	2.90
	Total Promoter &Promoter Group	1,02,93,672	34.14	1,02,93,672	34.14