BLACK BOX LIMITED — Major Shareholding Notification 2020

May 4, 2020

ONIR METALLICS LIMITED

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

CIN: U27310GJ2015FLC082653

Corporate office address: Essar House, 11 K. K. Marg, Mahalaxmi, Mumbai 400 034 Email id : holdingcosec@essar.com Contact No: 022 66601100

May 4, 2020

To,

The	Bombay	Stock	Stock	National Stock Exchange of	AGC Networks Limited
Exchange Limited				India Limited
Phiroze	Jeejeebhoy	Towers,		Exchange Plaza, Block G, C1,	Equinox Business Park
Dalal Street, Mumbai			–	Bandra Kurla Complex, Bandra	(Peninsula Techno Park), Off
400 001				(East), Mumbai – 400051	Bandra-Kurla Complex, LBS
					Marg, Kurla (West), Mumbai -
					400070
Security	Code: 500463			Symbol: AGCNET

Sub : Disclosure under Regulation 30(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

Dear Sir/Madam,

We, Onir Metallics Limited (formerly known as Essar Metallics Limited and Bhagwat Metallics Limited), hereby submit disclosure in compliance with the requirements under Regulation 30(2) and Regulation 30(3) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

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

Thanking you,

For Onir Metallics Limited

Authorised Signatory

Registered office address: 601, 6th floor, Indra Complex Near Namrata Society, Manjalpur, Vadodara 390004, Gujarat

Disclosures under Regulation 30(1) and 30(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

Part-A- Details of Shareholding

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AGC Networks Limited
1. Name of the Target Company (TC)
Bombay Stock Exchange Limited and National Stock
2. Name(s) of the stock exchange(s) where the shares
of the TC are listed Exchange of India Limited
3. Particulars of the shareholder(s) :
a. Name of person(s) together with Persons Acting in Onir Metallics Limited
Concert (PAC) whose total holding (including that in
(formerly known as Essar Metallics Limited and
the form of shares, warrants, convertible securities
Bhagwat Metallics Limited)
and any other instrument that would entitle the holder
Essar Telecom Limited, Mauritius (“PAC”)
to receive shares in the TC) is more than 25% of the
Onir Information Technology Limited (formerly known
voting rights of the TC.
as Essar Information Technology Limited) (“PAC”)
Or Essar Steel Metal Trading Limited (“PAC”)
Essar Global Fund Limited (“PAC”)
Essar Ports & Shipping Limited (“PAC”)
b. Name(s) of promoter(s), member of the promoter Essar Ports & Shipping Jersey Limited (“PAC”)
group and PAC with him. Essar Ports & Shipping Holdco Limited (“PAC”)
Essar Ports Holding Mauritius Limited (“PAC”)
Number % w.r.t. total % of total diluted
4. Particulars of the shareholding mentioned at (3) above
of shares share /voting share/voting capital of
of person(s) capital TC ()
wherever
applicable
As of March 31 [st] of the 2020, holding of:
a) Shares
64,72,897 21.76% 21.76%
• Onir Metallics Limited
1,40,82,055 47.34% 47.34%
• Essar Telecom Limited, Mauritius (“PAC”)
• Onir Information Technology Limited (“PAC”) - - -
• Essar Steel & Metal Trading Limited (“PAC”) - - -
• Essar Global Fund Limited (“PAC”) - - -
• Essar Ports & Shipping Limited (“PAC”) - - -
• Essar Ports & Shipping Jersey Limited (“PAC”) - - -
• Essar Ports & Shipping Holdco Limited (“PAC”) - - -
• Essar Ports Holding Mauritius Limited (“PAC”) - - -
b) Voting Rights (otherwise than by shares) - - -
c) Warrants, - - -
d) Convertible Securities - - -
e) Any other instrument that would entitle the - - -
holder to receive shares in the TC.
2,05,54,952 69.10 69.10
Total
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Part-B**

Name of the Target Company: AGC Networks Limited

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Name(s) of the person and Persons Acting Whether the person PAN of the
in Concert (PAC) with the person belongs to Promoter/ person and PACs
Promoter group
Onir Metallics Limited Promoter group AADCE9255B
Essar Telecom Limited, Mauritius (“PAC”) Promoter AADCE5587A
Onir Information Technology Limited (“PAC”) Promoter group AAACE4160G
Essar Steel Metal Trading Limited (“PAC”) Promoter group AABCE4851F
Essar Global Fund Limited (“PAC”) Promoter group AABCE6209P
Essar Ports & Shipping Limited (“PAC”) Promoter group N.A.
Essar Ports & Shipping Jersey Limited (“PAC”) Promoter group N.A.
Essar Ports & Shipping Holdco Limited (“PAC”) Promoter group N.A.
Essar Ports Holding Mauritius Limited (“PAC”) Promoter group N.A
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For Onir Metallics Limited

Authorised Signatory

Place: Mumbai Date: May 4, 2020

Note:

1. In case of promoter(s) making disclosure under regulation 30(2), no additional disclosure under regulation 30(1) is required.

2. (*) Diluted share/voting capital means the total number of shares in the TC assuming full conversion of the outstanding convertible securities/warrants into equity shares of the TC.

3. (**) Part-B shall be disclosed to the Stock Exchanges but shall not be disseminated.