BSL Ltd. — Major Shareholding Notification 2025

Feb 19, 2025

Regd. Office: Room No.303, 3[rd] Floor, Gate No.-2, Poddar Court, 18, Rabindra Sarani, Kolkata-700001 LLPIN: ACL-8811

Email: redrosevanijya@gmail.com; Tel: 033-40647374

Date: 19[th] February, 2025

BSE Ltd. National Stock Exchange of CC: 1[st] Floor, New Trading Wing, India Limited (NSE) The Company Secretary, Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, BSL Limited, Dalal Street, Fort, Mumbai - 400001 Bandra Kurla Complex, Post Box No. 16-17, Mandpam, Email: corp.relations@bseindia.com Bandra (E), Mumbai – 400 051 Bhilwara- 311011 (Rajasthan) Email: takeover@nse.co.in Email: Shubham.jain@bslsuitings.com

Dear Sir/ Madam,

Subject: Disclosure under Regulation 29(1) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations 2011 (“Takeover Regulations”).

Please find enclosed a disclosure under Regulation 29(1) of the Takeover Regulations disclosing acquisition pursuant to a scheme of arrangement not directly involving the target company i.e. BSL Limited.

Kindly take the same on record.

Thanking you

Yours faithfully,

For Redrose Vanijya LLP

(Formerly known as Redrose Vanijya Private Limited)

RIJU Digitally signed by RIJU JHUNJHUNWALA JHUNJHUNWAL Date: 2025.02.19 A 13:25:30 +05'30' (Riju Jhunjhunwala) Designated Partner DPIN: 00061060

Encl: As above

Regd. Office: Room No.303, 3[rd] Floor, Gate No.-2, Poddar Court, 18, Rabindra Sarani, Kolkata-700001 LLPIN: ACL-8811

Email: redrosevanijya@gmail.com; Tel: 033-40647374

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

Part-A-Details of Acquisition

Name of the Target Company (TC)	BSL Limited	BSL Limited	BSL Limited
Name(s) of the acquirer and Persons Acting in Concert (PAC) with the acquirer	Redrose Vanijya LLP (Formerly known as Redrose Vanijya Private Limited (“Acquirer”)
Whether the acquirer belongs to Promoter/Promoter group	Yes, pursuant to Scheme of Arrangement
Name(s) of the Stock Exchange(s) where the shares of TC are Listed	National Stock Exchange of India Limited (NSE) and BSE Limited (BSE)
Details of the acquisition as follows	Number	% w.r.t. total share/voting capital wherever applicable(*)	% w.r.t. total Diluted share/ voting capital of the TC(**)
Before the acquisition under consideration, holding of acquirer along with PACs of: a) Shares carrying voting rights 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)	Nil Nil Nil Nil Nil	NA NA NA NA NA	NA NA NA NA NA
Details of acquisition a) Shares carrying voting rights acquired b) VRs acquired otherwise than by equity shares c) Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying category) acquired d) Shares in the nature of encumbrance (pledge/ lien/ non-disposal undertaking/ others) e) Total(a+b+c+/-d)	6,57,270 Nil Nil Nil 6,57,270	6.39 NA NA NA 6.39	6.39 NA NA NA 6.39

After the acquisition, holding of acquirer along with PACs of: a) Shares carrying voting rights 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)	After the acquisition, holding of acquirer along with PACs of: a) Shares carrying voting rights 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)	After the acquisition, holding of acquirer along with PACs of: a) Shares carrying voting rights 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)	6,57,270 Nil Nil Nil 6,57,270 6.39 NA NA NA 6.39 6.39 NA NA NA 6.39
Mode of acquisition (e.g. open market / public issue / rights issue / preferential allotment / inter-se transfer/encumbrance, etc.)			Acquisition pursuant to the Scheme (as defined hereinafter).(1)
Salient features of the securities acquired including time till redemption, ratio at which it can be converted into equity shares, etc.			Equity Shares having voting rights
Date of acquisition of/ ~~date ~~ allotment of shares / ~~securities/~~any other instrument receive sharesintheTC.	~~date~~	~~of receipt of intimation of~~ VR/ warrants/convertible that entitles the acquirer to	17th February, 2025
Equity share capital / total voting capital of the TC before the said acquisition			Rs. 10,29,21,680 divided into 1,02,92,168 Equity Shares of Rs. 10 each
Equity share capital/ total voting capital of the TC after the said acquisition			Rs. 10,29,21,680 divided into 1,02,92,168 Equity Shares of Rs. 10 each
Total diluted share/voting capital of the TC after the said acquisition			Rs. 10,29,21,680 divided into 1,02,92,168 Equity Shares of Rs. 10 each

Note:

1. Bharat Investment Growth Limited, Dreamon Commercial Private Limited, Investors India Limited, India Texfab Marketing Limited, Kalati Holdings Private Limited and Shashi Commercial Company Limited (“Amalgamated Companies”) hold 6,57,270 equity shares of the TC representing 6.39% of the fully paid up equity share capital of the TC.

Pursuant to a Scheme of Arrangement of M/s Alankrit Vyapaar Private Limited, M/s Captain Trade & Agencies Private Limited, M/s Dreamon Commercial Private Limited, M/s Emersec Holdings Private Limited, M/s Jemco Vanijya Private Limited, M/s Jet (India) Private Limited, M/s M. L. Finlease Private Limited, M/s Nikita Electrotrades Private Limited, M/s Purvi Vanijya Niyojan Limited, M/s Raghav Commercial Limited, M/s Shashi Commercial Company Limited, M/s Strength Fincap Markets Private Limited, M/s Bharat Investment Growth Limited, M/s Giltedged Industrial Securities Limited, M/s Investors India Limited, M/s India Texfab Marketing Limited, M/s Kalati Holdings Private Limited, M/s LNJ Financial Services Limited, M/s N R Finvest Private Limited, M/s Shrasti Marketing Private Limited and M/s Uttri Investments Private Limited with Redrose Vanijya Private Limited (“Scheme”), as sanctioned by the Hon’ble National Company Law Tribunal, Kolkata Bench vide its Order dated 24[th] October, 2024 read with Corrigendum Order dated 01[st] January, 2025, the Amalgamated Companies involved in the Scheme have been amalgamated with Redrose Vanijya Private Limited and consequently, Redrose Vanijya Private Limited has indirectly acquired 6.39% of the voting rights on the equity shares held by the Amalgamated Companies in the TC.

1. Subsequently, Redrose Vanijya Private Limited has been converted into Limited Liability Partnership (“LLP”) under the name and style of M/s Redrose Vanijya LLP vide certificate of incorporation dated 06th February, 2025 with the LLP Identification Number ACL-8811. Therefore, the above holding would be held by M/s Redrose Vanijya LLP.

Part-B

Name of the Target Company: BSL Limited

Name(s) of the acquirer ~~and Persons Acting in~~ Whether the acquirer PAN of the acquirer and/ or ~~Concert (PAC) with the acquirer~~ belongs to Promoter/ PACs Promoter group Yes ABKFR7646A

Redrose Vanijya LLP (Formerly known as Redrose Vanijya Private Limited)

For Redrose Vanijya LLP (Formerly known as Redrose Vanijya Private Limited) RIJU Digitally signed by RIJU JHUNJHUNWALA JHUNJHUNWAL Date: 2025.02.19 A 13:25:57 +05'30'

(Riju Jhunjhunwala) Designated Partner DPIN: 00061060

Date: 19.02.2025