Blue Star Ltd — Major Shareholding Notification 2020

Dec 29, 2020

13 B, Sterling Apartments, Pedder Road, Cumbala Hill, Mumbai 400 026

December 29, 2020

BSE Limited	National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers,	Exchange Plaza, C-1, Block G,
Dalal Street,	Bandra Kurla Complex, Bandra (East),
Mumbai - 400 001	Mumbai - 400 051
BSE Scrip Code: 500067	NSE Symbol: BLUESTARCO

Dear Sir.

Sub: Disclosure under Regulation 29 (1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

Ref: Blue Star Limited

Pursuant to regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, I hereby report the attached disclosure in the prescribed format.

Kindly take the same on your record.

Thanking You, Yours faithfully,

For and on behalf of the Acquirers

N. R. Vaswari

Nanik Ramchand Vaswani Promoter Group Place: Mumbai

Encl: As Above

CC: BLUE STAR LIMITED Kasturi Building, J. Tata Road, Mohan T. Advani Chowk Mumbai

13 B, Sterling Apartments, Pedder Road, Cumbala Hill, Mumbai 400 026

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)	Blue Star Limited
Name(s) of the acquirer and Persons Acting in Concert (PAC) with the acquirer	Acquirer Nanik Ramchand Vaswani Dinesh Nanik Vaswani (on behalf of Suneeta Family Trust) Dinesh Nanik Vaswani (on behalf of Suneeta Family Trust 2) Person Acting in Concert - As per Annexure
Whether the acquirer belongs to Promoter/Promoter group	Yes
Name(s) of the Stock Exchange(s) where the shares of TC are Listed	BSE Limited National Stock Exchange of India Ltd

13 B, Sterling Apartments,
Pedder Road, Cumbala Hill, Mumbai 400 026

Details of the acquisition as follows	Number	% w.r.t. total share/voti ng capital wherever applicable $(*)$	% w.r.t. total diluted share/votin g capital of the TC $(**)$
Before the acquisition under consideration, holding of acquirer along with PACs of:
a) Shares carrying voting rights Acquirer
1. Nanik Ramchand Vaswani	9,32,401	0.97
2. Dinesh Nanik Vaswani (on behalf of Suneeta Family Trust)	0	0
3. Dinesh Nanik Vaswani (on behalf of Suneeta Family Trust 2)	0	0
Person Acting in Concert	3,64,00,486	37.79
b) Shares in the nature of encumbrance (pledge/lien/ non disposal undertaking/ others)
c) Voting rights (VR) otherwise than by equity shares
d)Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category
$(e)$ Total $(a+b+c+d)$	3,73,32,887	38.76
Details of Acquisition
a) Shares carrying voting rights acquired
1. Nanik Ramchand Vaswani	1,24,880	0.13
2. Dinesh Nanik Vaswani (on behalf of Suneeta Family Trust)	5,28,640	0.55
3. Dinesh Nanik Vaswani (on behalf of Suneeta	5,28,640	0.55

$\mathcal{L}$

13 B, Sterling Apartments,
Pedder Road, Cumbala Hill,
Mumbai 400 026

Family Trust 2)
b) VRs otherwise than by equity shares
c) Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) after acquisition
d) Shares in the nature of encumbrance (Pledge/lien/non-disposal undertaking /others)
e) Total (a+b+c+d)	11,82,160	1.23
After the acquisition, holding of acquirer along with PACs of:
(a) Shares carrying voting rights Acquirer
1. Nanik Ramchand Vaswani	10,57,281	1.10
2. Dinesh Nanik Vaswani (on behalf of Suneeta Family Trust)	5,28,640	0.55
3. Dinesh Nanik Vaswani (on behalf of Suneeta Family Trust 2)	5,28,640	0.55
Person Acting in Concert	3,52,18,326	36.57
b) VRs otherwise than by equity shares
c) Warrants / convertible securities / any other instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) after acquisition
encumbrance shares the nature of d) in (Pledge/lien/non- disposal undertaking /others)
$e)$ Total (a+b+c+d)	3,73,32,887	38.76
Mode of acquisition (e.g. open market / public issue / rights issue / preferential allotment / inter-se transfer/encumbrance, etc.)	and Promoter Group		Off market Inter se Transfer between Promoter
	NA

Salient features of the securities acquired including time till redemption, ratio at which it can be converted into equity shares, etc.
Date of acquisition of/ date of receipt of intimation of allotment of shares / VR/ warrants/convertible securities/any other instrument that entitles the acquirer to receive shares in the TC.	December 24, 2020
Equity share capital / total voting capital of the TC before the said acquisition	9,63,13,888 equity shares of Rs 2 each
Equity share capital / total voting capital of the TC after the said acquisition	9,63,13,888 equity shares of Rs 2 each
Total diluted share/voting capital of the TC after the said acquisition	NA

Note:

(*) Total share capital/ voting capital to be taken as per the latest filing done by the Company to the Stock Exchange under Regulation 31 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

(**) 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.

For and on behalf of the Acquirers

N. R. Vaswari

Nanik Ramchand Vaswani Promoter Group

Date: December 29, 2020 Place: Mumbai

13 B, Sterling Apartments,
Pedder Road, Cumbala Hill,
Mumbai 400 026

13 B, Sterling Apartments,
Pedder Road, Cumbala Hill, Mumbai 400 026

For and on behalf of the Acquirers

N. R. Vaswami

Nanik Ramchand Vaswani Promoter Group

Date: December 29, 2020 Place: Mumbai