BLACK BOX LIMITED — Major Shareholding Notification 2018

Dec 28, 2018

AGC/SD/SE/2018/71

December 28, 2018

To,

AGC Networks Limited Equinox Business Park Tower 1, Off BKC LBS Marg. Kurla (West) Mumbai 400 070 India T +91 22 6661 7272 www.agcnetworks.com

C R el io hi D te at rt t o rp o ra ns p ep a m en	C R el io hi D te at rt nt o rp o ra ns p e pa m e
B ba S ck E ha Li ite d to om xc ng e m y	N io l S ck E ha Li ite d at to na xc ng e m
St P. J. T D al al Fo et rt ow er s, re , ,	C Ex ch Pl B dr K la pl an ge az a, an a ur om ex ,
M ba i - 4 00 0 0 1 um	Ba nd ( E ) M ba i 4 00 05 1 ra um ,

Subject: Disclosure of lnter-se Transfer of Shares between the Promoters/Promoters Group in accordance with Regulation 10 (5) of SEBI (SAST) Regulation, 2011.

Ref.: Scrip code BSE: 500463/NSE: AGCNET

Dear Sir/Madam,

This is to inform you that we have received today i.e. on December 28, 2018, a disclosure of inter-se transfer of shares of the Company between Essar Telecom Limited and Bhagawat Metallics Limited, in accordance with the provisions of Regulation 10(5) of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011 ("SAST Regulation").

This being an lnter-se transfer of shares amongst Promoter/Promoter Group, the same falls within the exemption under Regulation 10 (l)(a)(iii) provided under SAST Regulation.

Further, the aggregate holding of the Promoter and Promoter Group before and after the above inter-se transaction remains the same (details-individually enclosed).

In this connection necessary disclosure under Regulation 10 (5) of SAST Regulation for the above said acquisition in prescribed format, as submitted by the Acquirer is enclosed herewith for your kind information and records.

Thanking you,

Yours Faithfully,

For AGC Networks Limited

Registeqd Olllce: Equinox Busin<m Park, Tower 1, Oii BKC. LBS Marg, Kurla ('Nest), Mumbai • 400 070. Maharashtra, India CIN: l..32200MH1986PLC040652

December 28, 2018

T he B ba S ck E ha Li ite d to om y xc ng e m	S of N io l ck E ha I nd ia L im ite d at to na xc ng e
P hi J je eb ho T ro ze ee ow er s y	Ex ch P la B lo ck G an ge za , ,
D al al S tr t ee	C S C 1 d K la pl an ra ur om ex , ,
M ba i 40 0 00 1 um -	S d { E ) , M ba i 40 00 5 1 t an ra as um -
S it C od 00 46 3 5 ec ur y e:	S G C bo l: A N ET ym

Sub: Intimation to Stock Exchanges in respect of acquisition under Regulation 10{1){a) of SEBI {Substantial Acquisition of Shares and Takeovers) Regulations, 2011

Dear Sir/Madam,

In Compliance with Regulation 10(5) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, we would like to inform you that Bhagwat Metallics Limited {formerly known as Essar Metallics limited), the Acquirer, being a part of Promoter Group of AGC Networks Limited (hereinafter referred to as "ANL") is intending to acquire upto 60,00,000 {Sixty Lakhs) Equity Shares of the face value Rs.10/- (Rupees Ten) each of ANL from Essar Telecom Limited, Mauritius, Promoter of ANL, by way of inter se transfer within promoter group, on the terms and conditions as mutually agreed.

Kindly take the same on your records and acknowledge the receipt of the same.

Thanking you,

For Bhagw7t Met Hies ~~>"

DIN: 00022998

ye{_ AGC Networks Limited Equinox Business Park (Peninsula Techno Park), Off Bandra-Kurla Complex, LBS Marg, Kurla (West), Mumbai - 400070

Annexure

Format for Disclosures under Regulation 10(5) - Intimation to Stock Exchanges in respect of acquisition under Regulation lOO)(a) of SEBI (Substantial Acquisition of Shares and Takeoyers) Regulations. 2011

1.	N of th T C (T C ) t am e e ar ge om pa ny	ks im it ed ~G C N L et w or
2.	of he ui r( s) N t am e a cq re	ha al lic im ite d (f l kn B M s L at et gw or m er y ow n as E M al lic L im ite d ) et ss ar s
3.	W he th th ir (s ) is/ of he ot t er e ac qu er ar e pr om er s If th io of T C to tr ct ot tu e an sa n n na re p n or , la ti sh i ci io it h th T C it at w e or s re on p or as so n ot pr om er s	G f Pr i . E T el ot ro up c om pa ny o om or .e ss ar ec om L im ite d be in bs id ia f h ol di f g su ry o ng c om pa ny o th Pr ot e om er
4	D ai ls f th d is it io et o e pr op o se ac qu n
	N of he (s ) fr ho sh t am e p er so n om w m ar es ar e a. b ir ed to e ac qu	E T el L im it ed M ri tiu ss ar ec om au s ,
	b. d da f is it io P te ro po se o ac qu n	2, 2 01 9 th ft ~a nu ar y or er ea er
	ch N be of sh be ir ed fr to ea um r ar es ac qu om c. ti ed in 4 (a ) ab pe rs on m en on ov e	U 60 ,0 0, 00 0 E it Sh f R l 0 /- h pt o qu ar es o s. e ac y
	T al ha b ir ed of ha d. % ot to s re s e ac qu as s re pi l of C T ta ca	12 0. 17 6%
	P ri hi ch sh ed be to at e. ce w ar es ar e pr op os A ui d cq re	vi da Cl in ic l ric A t p t a re ou s y os g pr e or a ow er p e b all ed nd T ak r R ul io at as m ay e ow u er eo ve eg ns
	f R io al i f fo th ed sf at tr n e, an y r e pr op os an er ,	rin of ak he ld b th R Pr tr tu st ot es uc g e y e om er s
5.	el b la of ul io lO (l de R ) (a ) t at ev an su -c u se r eg n un r hi ch he ui is ed fr ak in t pt a cq re r e xe m om m g op en w of fe r	I O (l ) (a ) (ii i )
6.	I f fr l ad ed lu ei gh d nt tr te eq ue y vo m e w av er ag e , , ad in d io d of 60 ke ic fo tr t g ay s a p er m ar pr e r ed in th da of i of hi ti te t pr ec g e ss u an ce s no ce as ad ed he k ch he h im tr t st t on oc ex an ge w re e m ax um lu of ad in in th sh of he C T tr t vo m e g e ar es ar rd ed du ri h io d. re co ng s uc p er	R 70 /- P ha s. er s re e
7.	If in -f tl ad ed th ic d in ed in tr et re qu en y e pr e as er m , b- la ti of cl (e ) of (2 ) of te su re gu on rm s au se la ti 8. re gu on	!N A lic ab le ot pp
8.	la ti b th ir th th is it io D at ec ra on e ac qu er e ac qu n y , ic ld be hi gh b th 25 % of t pr e w ou no er y m or e an th ic d in oi in 6 7 te nt t e pr e co m pu p or po as pl ic ab le ap	Y he ui sit io ic ld b hi gh b , t ot es a cq n pr e w ou n e er y th f t he ri d in oi 2 5% te nt m or e an o p ce c om pu p 6 7 pl ic ab le n o. or a s ap

9.	i. D d an to t · it w C ha (c or ak T ii. 3 ye be f	la ti b th ir th th sf at tr ec ra on y e ac qu er e an er or , sf ha li ed ( du ri 3 ri tr an er ee ve c om p ng y ea rs p or c he d of d is it io n) il l pl at e p ro po se ac qu ; w co m y l 1· di l bl · is ir in t ts 1 a pp ea e c os ur e re qu em en f th ak ul io 20 11 V T R pt at er o e eo er eg ns v , di is io of th al ed re sp on ng pr ov ns e re pe ul io 19 ) R 97 at eo ve r eg ns , T he fo id di lo ad du ri vi a re sa sc su re s m e ng p re ou s io he d of d is it io to t at to ar s pr r e p ro po se ac qu n ni sh ed ur	he sf Y , t tr es an er ?m pl ie d/ ill w c di lo ui sc su re r eq ul (S A ST ) R at eg	nd tr or a an pl ~th .o m y w ts re m en m io , 2 01 1 ns	sf h er ee av e ll th pl a e ap C ha V pt er o	ic ab le f t he S E B I
10	D ec sp ex	la ti b th ir th al l th nd it io at ra on y e ac qu er e co ns if ie d de la ti 1 O (l ) (a ) it h t to ec u n r re gu on w re sp ec io ha be d l pl ie d it h. pt em ns s en co m u y w	Y . A ll th nd iti ifi ed nd es e co on s sp ec u er la tio (l ith 1 O ) (a ) w ct to re gu n r es pe io h be d ul pl ie d ith pt ex em ns av e en co m y w
11	Sh eh ol di de il ta ar ng s		ef th B or e e d pr op o se		A ft he t er ed pr op os
			io tr ct tr ct an sa n an sa		io n
			f N o. o	%	N of o.	%
			sh ar es	t .r. w	sh ar es	.t w .r
			/v in ot g ri	t	/v in ot g ri ts	to ta 1
			gh ts	o ta	gh	sh ar e
	a	A ui r( s) d A C (o th ha ll s) (* ) P t cq re an s er n se er
		ha al li im it ed ui ni B M L ( A r) O at et gw cs cq re r In fo io T hn ol L im it ed (P A C ) at rm n ec og y	N IL	N IL	60 ,0 0, 00 0	20 .1 76 %
			9, 32 ,2 03	3.1 34 %	9, 32 ,2 03	3. 13 4%
	b	Se ll ( s) er
		el im it ed E T L ss ar ec om	1,9 1, 84 ,14 3	64 .51 1%	1,3 1,8 4, 14 3	44 .3 35 %

Note:

• (*)Shareholding of each entity may 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.

For Bhagwat Metallics Limited (formerly known as Essar Metallics Limited)

~ Name: Girish Sathe Designation: Director DIN: 00022998

Date: 28.12.2018 Place: Mumbai