Blue Star Ltd — Major Shareholding Notification 2021

Mar 16, 2021

March 16, 2021

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Mr. Vijay Devadiga

Company Secretary and Compliance Officer Blue Star Ltd. Kasturi Buildings, Mohan T Advani Chowk, Jamshedji Tata Road, Mumbai - 400 020 Tel. No. - 022-66654000 Fax No. - 022-66654151

Dear Sir,

Sub: Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

We refer to our letter dated February 02, 2018 wherein we had mentioned that as on February 01, 2018, the aggregate holding of the Schemes of HDFC Mutual Fund in “Blue Star Ltd.” (“The Company”) was 5.50 % of the paid up equity share capital of the Company ( Paid up equity share capital being Rs. 1,91,890,476/- comprising 95,945,238 equity shares of Rs. 2/- each ).

Further, in accordance with the captioned regulation and other applicable laws / regulations, if any, we wish to inform you that there has been a decrease in the shareholding of the Company by the Schemes of HDFC Mutual Fund by 2.01% as of March 12, 2021. As on March 12, 2021 the aggregate holding of the Schemes of HDFC Mutual Fund in the Company is 3.49% of the paid up equity share capital of the Company ( paid up equity share capital being Rs. 192,627,776/- comprising 96,313,888 equity shares of Rs. 2/each ).

As per Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 please find enclosed the details of change in the shareholding in the prescribed format enclosed as Annexure - “1 ” .

Kindly acknowledge receipt of the same.

Thanking you, Yours faithfully,

For HDFC Asset Management Company Limited

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Dinesh Bhakade Assistant Vice President - Compliance

Encl: As above

CC:

Listing Department Listing Department National Stock Exchange of India Ltd. BSE Limited Exchange Plaza, Phiroze Jeejeebhoy Towers Bandra - Kurla Complex Dalal Street, Bandra (E), Mumbai – 400 051. Mumbai – 400 001. Tel.: 022- 2659 8190 Fax: 022- 2659 8191 Fax: 022- 2272 3121

Annexure-1

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Disclosures under Regulation 29(2) of

SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

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----- Start of picture text ----- Name of the Target Company (TC) Blue Star Ltd.Name(s) of the acquirer and Persons Acting HDFC Mutual Fund:in Concert (PAC) with the acquirer HDFC Trustee Company Limited A/c –HDFC Long Term Advantage PlanHDFC Mid-Cap Opportunites FundWhether the acquirer belongs to Promoter/ NoPromoter groupName(s) of the Stock Exchange(s) where the BSE Limitedshares of TC are Listed National Stock Exchange of India LimitedDetails of the acquisition / disposal as follows Number % w.r.t. total % w.r.t. total dilutedshare/ voting share/ votingcapital wherever capital of the TCapplicable () (**)Before the acquisition underconsideration, holding of :a) Shares carrying voting rights 5,276,678 5.50 N.Ab) Shares in the nature of encumbrance 0 0 N.A(pledge/ lien/non-disposal undertaking/others)c) Voting rights (VR) otherwise than by shares 0 0 N.Ad) Warrants/ convertible securities/ any other 0 0 N.Ainstrument that entitles the acquirer to receiveshares carrying voting rights in the TC(specify holding in each category)e) Total (a+b+c+d) 5,276,678 5.50 N.A(*based on the paid up share capital of Rs.1,92,627,776/- comprising of 96,313,888equity shares of Rs. 2/- each reported onMarch 12, 2021)Details of Acquisition/Sale:a) Shares carrying voting rights acquired/sold 1,910,953 2.01 N.Ab) VRs acquired /sold otherwise than by 0 0 N.Asharesc) Warrants/convertible securities/any other 0 0 N.Ainstrument that entitles the acquirer to receiveshares carrying voting rights in the TC(specify holding in each category)acquired/soldd) Shares encumbered/invoked/released by 0 0 N.Athe acquirere) Total (a+b+c+/-d) 1,910,953 2.01 N.AAfter the Acquisition/Sale, holding of:a) Shares carrying voting rights 3,365,725 3.49 N.Ab) Shares encumbered with the acquirer 0 0 N.Ac) VRs otherwise than by shares 0 0 N.Ad) Warrants/convertible securities/any other 0 0 N.Ainstrument that entitles the acquirer to receiveshares carrying voting rights in the TC----- End of picture text -----

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Annexure-1

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Disclosures under Regulation 29(2) of

SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

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----- Start of picture text ----- (specify holding in each category) afteracquisition.e) Total (a+b+c+d) 3,365,725 3.49 N.AMode of acquisition/ sale (e.g. open market / Open Marketoff-market / public issue / rights issue /preferential allotment / inter-se transfer etc).Date of acquisition/ sal e of shares / VR or date March 12, 2021of receipt of intimation of allotment of shares,whichever is applicableEquity share capital / total voting capital of the Rs. 192,627,776/- comprising 96,313,888 equity shares ofTC before the said acquisition/sale Rs. 2/- each.Equity share capital/ total voting capital of the Rs. 192,627,776/- comprising 96,313,888 equity shares ofTC after the said acquisition/sale Rs. 2/- each.Total diluted share/voting capital of the TC N.A.after the said acquisition/sale----- End of picture text -----

(*) Total share capital/ voting capital has been taken as per the latest filing done by the company to the Stock Exchange under Clause 35 of the listing Agreement.

(**) 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 HDFC Asset Management Company Limited

(Investment Manager for the Schemes of HDFC Mutual Fund)

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Dinesh Bhakade AVP - Compliance

Place: Mumbai Date: March 16, 2021

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