Elgi Equipments Ltd. — Major Shareholding Notification 2019

Jun 18, 2019

JAIRAM VARADARAJ

No.6, East End, Kallimadai Main Road, Singanallur, Coimbatore 641005 Ph: 2386208

Date: June 17, 2019

Тο	То
BSE Limited	NSE - Corporate Office
Phiroze Jeejeebhoy Towers	National Stock Exchange of India Ltd,
Dalal Street	Exchange Plaza, C-1, Block G,
Mumbai-400001	Bandra Kurla Complex, Bandra (E)
Fax: 91-22-22721919	Mumbai - 400 051
Scrip Code: 522074	Email: takeover@nse.co.in
	Symbol: ELGIEQUIP

Dear Sir,

Sub: Disclosures under Regulation 29 (2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

With reference to the above I am forwarding herewith the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 for your records.

Kindly acknowledge receipt of the same.

Thanking you

Yours Faithfully

Jairam

Date: 17.06.2019

To	То	To
BSE Limited	NSE - Corporate Office	ELGI EQUIPMENTS LTD
Phiroze Jeejeebhoy Towers	National Stock Exchange of India Ltd,	Trichy Road, Singanallur,
Dalal Street	Exchange Plaza, C-1, Block G,	Coimbatore - 641005,
Mumbai-400001	Bandra Kurla Complex, Bandra (E)	Tamilnadu
Fax: 91-22-22721919	Mumbai - 400 051
Scrip Code: 522074	Email: takeover@nse.co.in
	Symbol: ELGIEQUIP

Disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

Name of the Target Company (TC)	ELGI EQUIPMENTS LIMITED
Name(s) of the Seller and Persons Acting in	Name(s) of the acquirer
Concert (PAC) with the Seller	Mr. Jairam Varadaraj
	(##) Persons Acting in Concert (PAC
Whether the acquirer belongs to	Yes
Promoter/Promoter group
Name(s) of the Stock Exchange(s) where the	The National Stock Exchange of India Ltd.
shares of TC are Listed	BSE Limited
Details of the acquisition / disposal as	Number	% w.r.t.total	% w.r.t.
follows		share/voting	total
		capital	diluted
		wherever	share/voting
		applicable(*)	capital of
			the TC
			$(***)$
Before the acquisition under consideration,
holding of:
Shares carrying voting rights a.	Seller - 1,38,10,478 equity $\bullet$	8.72%	8.72%
	shares carrying voting rights.
	PACs (##) - 3,67,37,993 equity	23.18%	23.18%
	shares carrying voting rights.
Shares in the nature of b.	0	0	$\mathsf{o}$
encumbrance (pledge/ lien/non-
disposal undertaking/ others)			$\Omega$
Voting rights (VR) otherwise than c.	$\mathbf 0$	$\Omega$
by shares			0
Warrants/convertible d.	0	$\mathbf 0$
securities/any other instrument
that entitles the acquirer to receive
shares carrying voting rights in the
T C (specify holding in each
category)			31.90%
Total (a+b+c+d) e.	5,05,48,471 equity shares carrying	31.90%
	voting rights.

	Details of acquisition/sale
a.	Shares carrying voting rights acquired/sold	1,05,000	0.07%	0.07%
b.	VRs acquired /sold otherwise than by shares	$\mathbf 0$	O	$\Omega$
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) acquired/sold	0	0	0
d.	Shares encumbered / invoked/released by the acquirer	0	0	$\Omega$
e.	Total (a+b+c+d)	105000	0.07%	0.07%
	After the acquisition/sale, holding of:
a.	Shares carrying voting rights	Seller - 1,37,05,478 equity $\bullet$ shares carrying voting rights.	8.65%	8.65%
		PACs - 3,68,42,993 equity shares carrying voting rights.	23.25%	23.25%
b.	Shares encumbered with the acquirer	0	0	0
c.	VRs otherwise than by shares	0	$\circ$	0
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) after acquisition	0	$\Omega$	0
e.	Total (a+b+c+d)	5,05,48,471 equity shares carrying voting rights.	31.90%	31.90%
etc).	Mode of acquisition / sale (e.g. open market / off-market / public issue / rights issue / preferential allotment / inter-se transfer	Inter-se through-market transfer amongst promoters
	Date of acquisition / sale of shares / VR or date of receipt of intimation of allotment of shares, whichever is applicable	June 17, 2019
	Equity share capital / total voting capital of the TC before the said acquisition / sale	15,84,54,508
	Equity share capital/ total voting capital of the TC after the said acquisition / sale	15,84,54,508
	Total diluted share/voting capital of the TC after the said sale	15,84,54,508

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

(**) 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.

(##) The PACs of the Acquirer for the purpose of this disclosure are as follows:
----------------------------------------------------------------------------------	--

PACs	No. of fully paid up equity shares held before transfer	Shareholding %
L.G. VARADARAJULU	200	0.00
VINAY BALAJI	11,188	0.01
VIREN MOHAN	19,980	0.01
GAYATHRI BALAJI	20,863	0.01
T. BALAJI	31,000	0.02
VARSHINI VARADARAJ	40,000	0.03
HARSHA VARADARAJ	40,000	0.03
SUDARSAN VARADARAJ	41,786	0.03
VANITHA MOHAN	57,720	0.04
UDAY BALAJI	64,000	0.04
MAYA JAY VARADARAJ	9,58,324	0.60
VARUN JAY VARADARAJ	9,58,342	0.60
ANVAR JAY VARADARAJ	9,62,624	0.61
DARK HORSE PORTFOLIO INVESTMENT PRIVATE LIMITED	2,58,59,390	16.32
ELGI RUBBER COMPANY LIMITED	3,32,080	0.21
ELGI ULTRA INDUSTRIES LIMITED	60,79,366	3.84
L.G.B. PUBLIC WELFARE SOCIETY	12,61,130	0.80
Total	3,67,37,993	23.18%

Jajram Varadaraj

Place: Coimbatore Date: June, 17, 2019