Bharat Electronics Ltd. — Major Shareholding Notification 2023

May 22, 2023

SBICAP Trustee Company Ltd.

Ref. No. \o\f\2\f\2\f\STCL/DT/2023-24

22nd May 2023

To,
BSE Limited	BHARAT	National Stock Exchange of India
Phiroze Jeejeebhoy	ELECTRONICS	Limited
Towers,	LIMITED	Exchange Plaza, Plot No. C/1, G-
Dalal Street,	OUTER RING ROAD,	Block,
Mumbai - 400 001	NAGAVARA,	Bandra-Kurla Complex,
	BANGALORE	Bandra (E) Mumbai - 400 051
	BANGALORE KA
	560045

Dear Sir,

Sub: Disclosures under Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 - BHARAT ELECTRONICS LIMITED.

Please find attached the Disclosures which are required to be made under Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 in respect of the pledge of shares of BHARAT ELECTRONICS LIMITED in favour SBICAP Trustee company Ltd, as debenture Trustee for the NCDs raised by Jupiter Capital Limited (Issuer/Pledgor) and the subject shares are pledged by the pledgor in our favour for the benefit of debenture holders as a security.

You are requested to take note of the same on your records.

Yours faithfully, For SBICAP Trustee Company Limited

Authorized Signatory

Monda

Registered & Corporate Office : 4th Floor, Mistry Bhavan, 122, Dinshaw Vachha Road, Churchgate, Mumbai, Pin - 400 020. 2 +91 22 4302 5566 / +91 22 4302 5555 ⊠ corporate@sbicaptrustee.com CIN : U65991MH2005PLC158386 www.sbicaptrustee.com

Disclosures under Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations. 2011

Part-A- Details of the Acquisition

Name of the Target Company (TC)Name(s) of the acquirer and Persons Acting in Concert(PAC) with the acquirerWhether the acquirer belongs to Promoter/PromotergroupName(s) of the Stock Exchange(s) where the shares ofTC are Listed		BHARAT ELECTRONICS LIMITEDSBICAP Trustee Company LimitedNoBSE and NSE
						Details of the acquisition as follows		Number	% w.r.t. totalshare/votingcapitalwhereverapplicable $(*)$	% w.r.t. totaldilutedshare/votingcapital of the$TC$ (**)
						C)d)e)	Before the acquisition under consideration, holdingof acquirer along with PACs of:a) Shares carrying voting rightsb) Shares in the nature of encumbrance (pledge/lien/ non-disposal undertaking/ others)Voting rights (VR) otherwise than by equitysharesWarrants/convertiblesecurities/anyotherinstrument that entitles the acquirer to receiveshares carrying voting rights in the TC (specifyholding in each category)Total $(a+b+c+d)$	NIL	NIL	NIL
							Details of acquisitiona) Shares carrying voting rights acquiredb) VRs acquired otherwise than by equity sharesc) Warrants/convertiblesecurities/anyotherinstrument that entitles the acquirer to receiveshares carrying voting rights in the TC (specifyholding in each

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category) acquiredd) Shares in the nature of encumbrance (pledge/lien/ non-disposal undertaking/ others)Total $(a+b+c+/-d)$e)	d) $25,000$e) $25,000$		d) $0.00034%$ d) $0.00034%$e) $0.00034%$ e) $0.00034%$
After the acquisition, holding of acquirer along withPACs of:
Shares carrying voting rightsa)VRs otherwise than by equity sharesb)Warrants/convertible securities/any otherc)instrument that entitles the acquirer to receiveshares carrying voting rights in the TC (specifyholding in each category) after acquisitiond) Shares in the nature of encumbrance (pledge/lien/ non-disposal undertaking/ others)Total $(a+b+c+d)$e)	$d)$ 25,000$e)$ 25,000		d) 0.00034% d) 0.00034%e) $0.00034%$ e) $0.00034%$
Mode of acquisition (e.g. open market / public issue / rightsissue /preferential allotment-inter-setransfer/encumbrance, etc.)	Pledge of Shares
Salient features of the securities acquired including time tillredemption, ratio at which it can be converted into equityshares, etc.	Equity Shares
Date of acquisition of/ date of receipt of intimation ofallotment of shares / VR/ warrants/convertible securities/anyother instrument that entitles the acquirer to receive sharesin the TC.	18-05-2023
Equity share capital / total voting capital of the TCbefore the said acquisition	7,30,97,78,829 Equity Shares of Rs. 1/- eachaggregating to Rs. 7,30,97,78,829/-
Equity share capital/ total voting capital of the TC afterthe said acquisition	7,30,97,78,829 Equity Shares of Rs. 1/- eachaggregating to Rs. 7,30,97,78,829/-
Total diluted share/voting capital of the TC after thesaid acquisition	7,30,97,78,829 Equity Shares of Rs. 1/- eachaggregating to Rs. 7,30,97,78,829/-

For SBICAP Trustee Company Limited

QUST $\boldsymbol{\phi}$ CELIWIT Authorized Signatory

Place: Mumbai Date: 22/05/2023

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