Emami Ltd — Major Shareholding Notification 2020

Mar 2, 2020

Diwakar Viniyog Private Limited

CIN: U24246WB1984PTC037090

Date: 29.02.2020

The Secretary

National Stock Exchange of India Limited Exchange Plaza Plot No. C/1, G Block Bandra-Kurla Complex Bandra(E) Mumbai - 400 051

The Secretary The Calcutta Stock Exchange Limited 7, Lyons Range Kolkata - 700 001

The Secretary

BSE Limited Phiroze Jeejeebhoy Towers Dalal Street Mumbai - 400 001

The Company Secretary Emami Limited 687, Anandapur EM Bypass Kolkata - 700 107

Dear Sir,

Sub: Disclosure under Regulation 31(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 along with the disclosure of reason for encumbrance

Please find enclosed herewith the disclosure in terms of Regulation 31(1) of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Further, Pursuant to the SEBI Circular no. SEBI/HO/CFO/DCRI/CIR/P/2019/90 dated August 07, 2019, we are enclosing disclosure of reasons for encumbrance by the promoters and promoter group in respect of shares of Emami Limited.

The same may please be taken on record and suitably disseminated to all concerned.

This is for your information & record.

Thanking you,

Yours faithfully, for Diwakar Viniyog Private Limited

OG PR Kolkata

Director/Authorized Signatory

On Behalf of himself, Promoter & Promoter Group Persons/ Persons Acting in Concert

Place: Kolkata

Encl: a/a

Regd. Office: 687, Anandapur, E. M. Bypass, 2nd Floor Kolkata - 700 107 Phone: 6613 6264 E-mail: panemamics @emamigroup.com

Annexure - II

Name of listed company	EMAMI LIMITED
Name of the recognised stock exchanges where the shares	The National Stock Exchange of India Ltd.
of the company are listed	BSE Limited
	The Calcutta Stock Exchange Limited
Name of the promoter(s) / PACs whose shares have been	Suntrack Commerce Private Limited
encumbered	Diwakar Viniyog Private Limited
	Prabhakar Viniyog Private Limited
Total promoter shareholding in the listed company	No. of shares - 239393412
	% of total share capital - 52.74%
Encumbered shares as a % of promoter shareholding	72.7688
Whether encumbered share is 50% or more of promoter	YES
shareholding
Whether encumbered share is 20% or more of total share	YES
capital
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For DIWAKAR VINIYOG PRIVATE LIMITED

Director / Authorised Signatory

Signature of Authorised Signatory:

Place: Kolkata Date: 29/02/2020

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		Remarks		Additional Shares for Existing Loan Pledge of	Additional Shares for Existing Loan Pledge of	Additional Shares for Existing Loan Pledge of	Additional Shares for Existing Loan Pledge of
DETAILS OF ALL EXISTING EVENTS / AGREMENTS PERTAINING TO ENCUMBRANCES	End use of Money	(a) Personal use by promoters (a) Any other reason (please (b) For the benefit of listed Provide details including repayment schedule etc. Borrowed amount to be raising money by listed company, schedule for utilization of amount, amount, purpose of utilized for what and PACs company specify) purpose		Repayment of existing loan	Repayment of existing loan	Repayment of existing loan	Term Loan for promoters' contribution in Emami Realty Projects
		Ratio of A / B		1.00	2.27	2.28	1.50
		(against which shares encumbered) (B) (Rupees in Crores) involved Amount have been		79.31	1.57	0.87	1.28
		$\begin{array}{ l } \hline \text{agreement (A)}\ \hline \text{ (Rupees in)} \end{array}$ shares on the date of event / Value of Crores)		79.31	3.57	1.98	1.92
		details about the instrument, including credit Whether the encumbrance is relating to any debt instruments viz. debenture, commercial 3. Whether the debt instrument is listed on paper, certificate of deposit etc.? If yes, 4. Credit rating of the debt instrument 2. Details of th debt instrument 5. ISIN of the instrument 1. Name of the issuer stock exchanges? (YES/NO) provide rating If yes,		Viniyogan Limited (200 nos.) and Emami Realty Midkot Investments Private Limited (200 nos.), 1. Emami Capital Markets Limited (100 nos.), 2. 1500 Unrated Unlisted Non Convertible Emami Frankross Limited (400 nos.), TMT Debentures of Rs. 1,00,00,000/- each Limited (600 nos.) (Issuer) 5. In process 3. No 4. No Yes,	$\frac{1}{2}$	å	å
	Specific details	is a Names of all other entities in the Listed company and its group Other entities (if any) companies (if any) agreement $\overline{a}$ $\overline{a}$		Suntrack Commerce Private Limited, Midkot Investments Emami Capital Markets Private Limited, Emami Frankross Limited, TMT Viniyogan Limited and Emami Realty Limited Limited (Pledgor) and (Borrower)	Diwakar Viniyog Pvt. Ltd. (Pledgor) Bhanu Vyapaar private Limited (Borrower)	Prabhakar Viniyog Pvt. Ltd. (Pledgor & Borrower)	(Borrower) & Suntrack Commerce Pvt. Ltd. Emami Realty Limited (Pledgor)
		nature of the business of company? If No, provide scheduled commercial bank, public financial institution, NBFC or Whether the entity X housing finance the entity. (YES/NO) the		No, Trustee	Yes, NBFC	Yes, NBFC	Yes, NBFC
		Name of the entity in whose favour shares encumbered (X)		Ltd. (Trustee), J.P Morgan Securities Asia IDBI Trusteeship Services Private Limited (Lender)	Deutsche Investments India Pvt. Ltd.(Lender)	Deutsche Investments India Pvt. Ltd.(Lender)	Aditya Birla Finance Ltd (Lender) For DIWAKAR VINIYOG PRIVATE LIMITED z G
		No. and % of shares encumbered % of total share capital: No. of Shares:	%age of toal share cpaital	0.6609	0.0297	0.0165	0.0165
			No of shares	3000000	135000	75000	75000
		Type of encumbrance (pledge, lien, negative transaction, condition any other covenant, arrangement in the undertaking etc. or lien, non-disposal encumbrance) nature of ŏ		Pledge	Pledge	Pledge	Pledge
		cumbrance 1 cumbrance: eation of late of		27.02.2020	27.02.2020	27.02.2020	28.02.2020

Director PAuthorised Signatory

Remarks	Additional Shares for Existing Loan Pledge of	Additional Shares for Existing Loan Pledge of
(a) Personal use by promoters (a) Any other reason (please (b) For the benefit of listed repayment schedule etc. Provide details including Borrowed amount to be raising money by listed company, schedule for utilization of amount, amount, purpose of utilized for what and PACs purpose- company specify)	Repayment of existing loan	Repayment of existing loan
Ratio of A / B	1.00	2.28
which shares encumbered) (B) (Rupees in Crores) involved (against Amount have been	51.31	4.50
agreement (A) shares on the date of event (Rupees in Value of Crores)	51.31	10.26
debt instruments viz. debenture, commercial details about the instrument, including credit Whether the entity X is a Names of all other entities in the $\vert$ Whether the encumbrance is relating to any 3. Whether the debt instrument is listed on paper, certificate of deposit etc.? If yes, 4. Credit rating of the debt instrument 2. Details of th debt instrument 5. ISIN of the instrument 1. Name of the issuer stock exchanges? provide (YES/NO) rating If yes,	Viniyogan Limited (200 nos.) and Emami Realty Midkot Investments Private Limited (200 nos.), Suntrack Commerce Private 1. Emami Capital Markets Limited (100 nos.), 2.1500 Unrated Unlisted Non Convertible Emami Frankross Limited (400 nos.), TMT Debentures of Rs. 1,00,00,000/- each Limited (600 nos.) (Issuer) 5. In process 3. No 4. No Yes,	g
Listed company and its group Other entities (if any) companies (if any) agreement $\overline{a}$ $\overline{a}$	Limited, Midkot Investments Emami Capital Markets Private Limited, Emami Frankross Limited, TMT Limited (Pledgor) and Viniyogan Limited and Emami Realty Limited (Borrower)	Diwakar Viniyog Pvt. Ltd. Bhanu Vyapaar private Limited (Borrower) (Pledgor)
t company? If No, provide scheduled commercial bank, public financia institution, NBFC or nature of the business housing finance the entity. (YES/NO) the	No, Trustee	Yes, NBFC
Name of the entity in whose favour shares encumbered (X)	J.P Morgan Securities Asia IDBI Trusteeship Services Private Limited (Lender) Ltd. (Trustee),	Deutsche Investments India Pvt. Ltd.(Lender)
No. and % of shares encumbered % of total share capital: No. of Shares:	0.4406	0.0881
	2000000	400000
ncumbrance 1 Type of encumbrance (pledge, lien, negative transaction, condition arrangement in the any other covenant, undertaking etc. or lien, non-disposal encumbrance) nature of ŏ	Pledge	Pledge
ncumbrance: reation of Date of	28.02.2020	28.02.2020

For DIWAKAR VINIYOG PRIVATE LIMITED
A CALLED
Director / Authorised Signatory