Elgi Equipments Ltd. — Major Shareholding Notification 2020

May 22, 2020

20-05-2020

To

The Listing Department The Listing Department National Stock Exchange of India Limited BSE Limited Exchange Plaza, Bandra-Kurla Complex, Phiroze Jeejeebhoy Towers Bandra, Dalal Street, Mumbai – 400 051 Mumbai - 400 001

Dear Sir,

Sub: Declaration as required under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

Pursuant to the provision of the Regulation 31(4) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, I, Jairam Varadaraj, promoter of the Company, hereby declare that I, along with persons acting in concert, have not made any encumbrance of shares, directly or indirectly, during the financial year 2019-2020.

Thanking you,

Yours faithfully,

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(JAIRAM VARADARAJ)

Cc:

The Audit Committee

Elgi Equipments Limited

Elgi Industrial Complex, Trichy Road, Singanallur, Coimbatore 641005. Tamilnadu, India.