WILEMINA FINANCE CORP.

C/o Nexus Global Financia Services Limited 5th Floor, The Core Building, No.62, ICT Avenue, Ebene, Mauritius Tel: +230 468 7800

To	Τo	To
BSE Limited	National Stock Exchange of Ester Industries Limited
CorporateDepartment of	India Ltd.	Sohan Nagar, P. O. Charubeta,
Services, Phirojee Jeejeebhoy	Exchange Plaza, Plot no. C/1, G	Khatima-262308,
Towers, Dalal Street,Mumbai - 400 023	Block, Bandra-Kurla ComplexBandra (E), Mumbai - 400 051	Distt. Udham SinghNagar,Uttarakhand

Dear Sir

Sub - Disclosure under Regulation 10(5) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011

Target Company - ESTER INDUSTRIES LIMITED

We are submitting this intimation pursuant to Regulation 10(5) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for acquisition of 600000 equity Shares of Ester Industries Limited by Wilemina Finance Corp from Movi Limited as inter-se transfer between the Promoters.

This is for your information and record.

Regards

For Wilemina Finance Corp

Authorised Signatory

Place - Mauritius Date - 6th October, 2022 Disclosures under Regulation 10(5) - Intimation to Stock Exchanges in respect of acquisitionunder Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

1.	Name of the Target Company (TC)	Ester Industries Limited
2.	Name of the acquirer(s)	Wilemina Finance Corp
3.	Whether the acquirer(s) is/ are promoters of the $Yes$TC prior to the transaction. If not, nature ofrelationship or association with the TC or itspromoters
4.	Details of the proposed acquisition
	a. Name of the person(s) from whom shares areto be acquired	Movi Limited
	b. Proposed date of acquisition	On or after 14th October, 2022
	c. Number of shares to be acquired from eachperson mentioned in 4(a) above	6,00,000 (Six Lakhs) Equity Shares
	d. Total shares to be acquired as % of sharecapital of TC	0.72%
	Price at which shares are proposed to bee.acquired	Acquisition price shall not exceed the limitsprovided in proviso (1) to Regulation10(1)(a) of the SEBI (Substantial Acquisitionof Shares and Takeover) Regulations, 2011
	f.Rationale, if any, for the proposed transfer	Inter-se transfer between promoters
5.	Relevant sub-clause of regulation $10(1)(a)$ underwhich the acquirer is exempted from making openoffer	Sub clause (ii) of Regulation $10(1)(a)$
6.	If, frequently traded, volume weighted average Volume weighted average market pricemarket price for a period of 60 trading days for a period of 60 trading dayspreceding the date of issuance of this notice as preceding the date of issuance of thistraded on the stock exchange where the maximum notice as traded on National Stockvolume of trading in the shares of the TC are Exchange India Ltd where the maximumrecorded during such period.	volume of trading in the shares of theTC are recorded during such period.-Rs. 161.07 per Equity Share
7.	If in-frequently traded, the price as determined in Not Applicableterms of clause (e) of sub-regulation (2) ofregulation 8.
8.	Declaration by the acquirer, that the acquisition We declare that the acquisition priceprice would not be higher by more than 25% of would not be higher by more than 25%the price computed in point 6 or point 7 as of the price computed in point 6 orapplicable.	point 7 as applicable.

9.		i. Declaration by the acquirer,thattransferor and transferee have complied (during3 years prior to the date of proposedacquisition) / will comply withapplicabledisclosure requirements inChapter V of the Takeover Regulations, 2011(corresponding provisions of the repealed)Takeover Regulations, 1997)	theapplicable	disclosureTakeover Regulations, 1997)		i) We declare that the transferor and transfereehave complied (during 3 years prior to the dateof proposed acquisition) / will comply withrequirementsinChapter V of the Takeover Regulations, 2011(corresponding provisions of the repealed)
		ii. The aforesaid disclosures made duringprevious 3 years prior to the date of proposedacquisition to be furnished.	(11)	acquisition are attached herewith as Annexure		The aforesaid disclosures made duringprevious 3 years prior to the date of proposed
10.		Declaration by the acquirer that all the We declare that that all the conditions specifiedconditions specified under regulation $10(1)(a)$ under regulation $10(1)(a)$ with respect towith respect to exemptions has been duly exemptions has been duly complied with.complied with.
11.		Shareholding details	Beforeproposedtransaction	the	Afterproposed	thetransaction
			No. ofshares/votingrights	% w.r.ttotalsharecapitalof TC	No. ofshares/votingrights	% w.r.ttotalsharecapital
	a	Acquirer(s) and PACs (other than$selfers$ $(*)$AcquirerWilemina Finance Corp	48455012	58.10	49055012	of TC58.82
		Person Acting in Concert (other thanSeller)Fenton Investments Private LimitedMr. Arvind SinghaniaMrs. Uma Devi SinghaniaMr. Jai Vardhan SinghaniaMr. Ayush Vardhan Singhania	490000150175124858178033	0.590.150.21	490000150175124858178033	0.590.15
	b	SellerMovi Limited	4160000	4.99	3560000	0.214.27

Note:

(*) Shareholding of each entity may be shown separately and then collectively in a group. $\bullet$

The above disclosure shall be signed by the acquirer mentioning date & place. In case, there is $\bullet$ more than one acquirer, the report shall be signed either by all the persons or by a person duly authorized to do so on behalf of all the acquirers.

For Wilemina Finance Corp

Authorised Signatory

Place - Mauritius Date - 6th October, 2022

Annexure

Intimations made by Wilemina Finance Corp. (Transferee) under Chapter V of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 last 3 (three) previous year

S. No.	Particulars	Disclosure made via Letterdated
2019-20
1.	Disclosure under Regulation 30(1) and 30(2) of SEBI(Substantial Acquisition of Shares & Takeovers)Regulations, 2011	5th April, 2019
2020-21
2.	Disclosure under Regulation 30(1) and 30(2) of SEBI(Substantial Acquisition of Shares & Takeovers)Regulations, 2011	28th May, 2020
3.	Disclosure under Regulation 31(4) of SEBI (SubstantialAcquisition of Shares & Takeovers) Regulations, 2011	28th May, 2020
4.	Disclosure under Regulation 29(1) and 29(2) of SEBI(Substantial Acquisition of Shares & Takeovers)Regulations, 2011*	2nd September, 2020
2021-22
5.	Disclosure under Regulation 30(1) and 30(2) of SEBI(Substantial Acquisition of Shares & Takeovers)Regulations, 2011	8th April, 2021
6.	Disclosure under Regulation 31(4) of SEBI (SubstantialAcquisition of Shares & Takeovers) Regulations, 2011	8th April, 2021
7.	Disclosure under Regulation 29(2) of SEBI (SubstantialAcquisition of Shares& Takeovers) Regulations, 2011	14th April, 2021

*intimation under Regulation 29(1) and 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 were made by Wilemina Finance Corp and Movi Limited through one letter.

Intimations made by MOVI Limited (Transferor) under Chapter V of under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 during last 3 (three) previous year

S. No.	Particulars	Disclosure made via Letter

		dated
2019-20
1.	Disclosure under Regulation 30(1) and 30(2) of SEBI(Substantial Acquisition of Shares & Takeovers)	4th April, 2019
	Regulations, 2011
2020-21
2.	Disclosure under Regulation 30(1) and 30(2) of SEBI(Substantial Acquisition of Shares & Takeovers)Regulations, 2011	28th May, 2020
3.	Disclosure under Regulation 31(4) of SEBI (SubstantialAcquisition of Shares & Takeovers) Regulations, 2011	28th May, 2020
4.	Disclosure under Regulation 29(1) and 29(2) of SEBI(Substantial Acquisition of Shares & Takeovers)Regulations, 2011*	2nd September, 2020
2021-22
5.	Disclosure underRegulation 30(1) and 30(2) of SEBI(Substantial Acquisition of Shares & Takeovers)Regulations, 2011	8th April, 2021
6.	Disclosure under Regulation 31(4) of SEBI (SubstantialAcquisition of Shares & Takeovers) Regulations, 2011	8th April, 2021
7.	Disclosure under Regulation29(2) of SEBI (SubstantialAcquisition of Shares& Takeovers) Regulations, 2011	14th April, 2021

*intimation under Regulation 29(1) and 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 were made by Wilemina Finance Corp and Movi Limited through one letter.

Date - $5472019$

BSE Limited	National Stock Exchange of India Ltd.
Department of Corporate Services	Exchange Plaza,
Phirojee Jeejeebhoy Towers	Plot no. C/1, G Block,
Dalal Street, Mumbai - 400 023	Bandra-Kurla Complex
	Bandra (E), Mumbai - 400 051

Dear Sir

$\sim$

Sub - Disclosure under Regulation 30(1) and 30(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011

Target Company - ESTER INDUSTRIES LIMITED

Please find enclosed Annual Disclosure pursuant to Regulation 30(1) and 30(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

This is for your information and record.

Regards

For Wilemina Finance Corp.

Authorised Signatory

$CC:$ Ester Industries Limited Sohan Nagar, P. O. Charubeta, Khatima-262308, Distt. Udham Singh Nagar, Uttarakhand

Disclosures under Regulation 30(1) and 30(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011

$\sim 10^6$

Part-A-Details of Shareholding

$\sim$ $\sim$

	1. Name of the Target Company (TC)	Ester Industries Limited
	2. Name(s) of the Stock Exchange(s) where the	BSE Limited
	shares of the TC are listed		National Stock Exchange of India Limited
	3. Particulars of the shareholder(s):
а.	Name of person(s) together with Person Actingin Concert (PAC) whose total holding (includingthat in the form of shares, warrants, convertiblesecurities and any other instrument that wouldentitle the holder to receive shares in the TC) ismore than 25% of the voting rights of the TC.Orb. Name(s) of promoter(s), member of thepromoter group and PAC with him.	M/s Wilemina Finance Corp. #Mr. Arvind Kumar Singhania#Mr. Jai Vardhan Singhania#Mrs. Uma Devi Singhania #M/s. MOVI Limited #	Persons acting in concert (PACs) -Mr. Ayush Vardhan Singhania## (Wilemina Finance Corp. & all abovementioned five PACs are also Promoters/Members of Promoter group of the Company)
	4. Particulars of the shareholding of person(s)	Number of	% w.r.t. total	% of total
	mentioned at (3) above	shares	share /voting	diluted
			capital	share/voting
			wherever	capital of TC
			applicable
	As on March 31 of the year, holding of:
	a) Shares	44915012	53.86	53.86
b)	Voting Rights (otherwise than by shares)
$\mathsf{c}$	Warrants,
d	Convertible Securities
	e) Any other instrument that would entitle the
	holder to receive shares in the TC.

	Total	44915012	53.86	53.86

Part-8

Name of the Target Company: Ester Industries Limited

Name(s) of the person and PersonsActing in Concert (PAC) with theperson	Whether the person belongstoPromoter/Promotergroup
M/s Wilemina Finance Corp	Yes
Mr. Arvind Kumar Singhania	Yes
Mr. Jai Vardhan Singhania	Yes
Mr. Ayush Vardhan Singhania	Yes
Mrs. Uma Devi Singhania	Yes
M/s. MOVI Limited	Yes

Note:

Details of equity shares held by Person Acting in Concert {PAC) as on 31st March, 2019

Name of the Promoters	NumberofShares	% w.r.t .totalshare/voting	oftotal%diluted
		capital wherever	share/voting
		applicable	capital of TC
Mr. Arvind Kumar Singhania	150	--	--
Mr. Jai Vardhan Singhania	124858	0.15	0.15
Mr. Ayush Vardhan Singhania	178033	0.21	0.21
Mrs. Uma Devi Singhania	150	--	--
M/s. MOVI Limited	4100000	4.92	4.92
lOTAl	4403191	5.28	5.28

For �lnance Corp.

Authorised Signatory

Place: ;:. /,NL Date:

Wilemina Finance Corp.

6th Floor, Tower A, 1 CyberCity, Ebene, Mauritius

28 May 2020

BSE Limited	National Stock Exchange of India Ltd.
Department of Corporate Services	Exchange Plaza
Phirojee Jeejeebhoy Towers	Plot no. C/1, G Block
Dalal Street, Mumbai - 400 023, India	Bandra-Kurla Complex
	Bandra (E), Mumbai - 400 051, India

Dear Sir

Sub - Disclosure under Regulation 30(1) and 30(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011

Target Company - ESTER INDUSTRIES LIMITED

Please find enclosed Annual Disclosure pursuant to Regulation 30(1) and 30(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

This is for your information and record.

Thanking you.

Yours faithfully

For Wilemina Finance Corp.

Authorised Signatory

$CC:$ Ester Industries Limited Sohan Nagar, P. O. Charubeta, Khatima-262308 Distt. Udham Singh Nagar, Uttarakhand, India

Disclosures under Regulation 30(1) and 30(2) of SEBI (Substantial Acquisition of Shares &Takeovers) Regulations, 2011

Part-A-Details of Shareholding

$\sim$ $\sim$

$\ddot{\phantom{a}}$

$\bar{\omega}$

1.	Name of the Target Company (TC)	Ester Industries Limited
	2. Name(s) of the Stock Exchange(s) where the	BSE Limited
	shares of the TC are listed		National Stock Exchange of India Limited
	3. Particulars of the shareholder(s):
a.b.	Name of person(s) together with Person Actingin Concert (PAC) whose total holding (includingthat in the form of shares, warrants, convertiblesecurities and any other instrument that wouldentitle the holder to receive shares in the TC) ismore than 25% of the voting rights of the TC.OrName(s) of promoter(s),member of thepromoter group and PAC with him.	M/s Wilemina Finance Corp. #Mr. Arvind Kumar Singhania#Mr. Jai Vardhan Singhania#Mr. Ayush Vardhan Singhania#Mrs. Uma Devi Singhania #M/s. MOVI Limited #	Persons acting in concert (PACs) -# (Wilemina Finance Corp. & all abovementioned five PACs are also Promoters/Members of Promoter group of the Company)
	4. Particulars of the shareholding of person(s)	Number of	% w.r.t. total	% of total
	mentioned at (3) above	shares	share /voting	diluted
			capital	share/voting
			wherever	capital of TC
			applicable
a)	As on March 31 of the year, holding of:Shares	44915012	53.86	53.86
b)	Voting Rights (otherwise than by shares)
c)	Warrants,
d)	Convertible Securities
e)	Any other instrument that would entitle the
	holder to receive shares in the TC.

	Total	44915012	53.86	53.86

Part-B

Name of the Target Company: Ester Industries Limited

Name(s) of the person and Persons Acting	Whether the person belongs to
in Concert (PAC) with the person	Promoter/ Promoter group
M/s Wilemina Finance Corp	Yes
Mr. Arvind Kumar Singhania	Yes
Mr. Jai Vardhan Singhania	Yes
Mr. Ayush Vardhan Singhania	Yes
Mrs. Uma Devi Singhania	Yes
M/s. MOVI limited	Yes

Note:

Details of equity shares held by Person Acting in Concert {PAC) as on 31st March, 2020

Name of the Promoters	Numberof	% w.r.t .total	%totalof
	Shares	share/voting	diluted
		wherevercapital	share/voting
		applicable	capital of TC
Mr. Arvind Kumar Singhania	150	--	--
Mr. Jai Vardhan Singhania	124858	0.15	0.15
Mr. Ayush Vardhan Singhania	178033	0.21	0.21
Mrs. Uma Devi Singhania	150	--	--
M/s. MOVI limited	4100000	4.92	4.92

For Wilemina Finance Corp.

Authorised Signatory

Place: Ebene, Mauritius Date : 28 May 2020

Wilemina Finance Corp.

6th Floor, Tower A, 1 CyberCity, Ebene, Mauritius

28 May 2020

BSE Limited	National Stock Exchange of India Ltd.
Department of Corporate Services	Exchange Plaza
Phirojee Jeejeebhoy Towers	Plot no. C/1, G Block
Dalal Street, Mumbai - 400 023, India	Bandra-Kurla Complex
	Bandra (E), Mumbai - 400 051, India

Dear Sir

Sub - Declaration under Regulation 31(4) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011

Target Company - ESTER INDUSTRIES LIMITED

We, Wilemina Finance Corp., Promoter of the Company hereby declare that we along with persons acting our concert, have not made any encumbrance, directly or indirectly, during the financial year 2019-2020.

However, during 2018-19 an encumbrance for 50,00,000 Equity Shares was created in favour of Lending Banks, which was already disclosed in compliance with SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

This is for your information and record.

Thanking you.

Yours faithfully

For Wilemina Finance Corp.

Authorised Signatory

$CC:$ The Audit Committee Ester Industries Limited Sohan Nagar, P. O. Charubeta, Khatima-262308 Distt. Udham Singh Nagar, Uttarakhand, India

WILEMINA FINANCE CORP. c/o HPO GLOBAL FINANCIAL SERVICES LTD Floreal Road No. 71, Floreal, Mauritius Tel: +230 5955 7499

To	Т٥	To
BSE Limited	National Stock Exchange of	Ester Industries Limited
Departmentοf	Corporate India Ltd.	Sohan Nagar, P. O. Charubeta,
Services, Phirojee Jeejeebhoy	Exchange Plaza, Plot no. C/1, G	Khatima-262308,
Towers, Dalal Street,	Block, Bandra-Kurla Complex	Distt. UdhamSinahNagar,
Mumbai - 400 023	Bandra (E), Mumbai - 400 051	Uttarakhand

Dear Sir

Sub - Disclosure under Regulation 29(1) and Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011

Target Company - ESTER INDUSTRIES LIMITED

We are submitting this intimation pursuant to Regulation 29(1) and Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for purchase of following equity Shares by Wilemina Finance Corp and Movi Limited -

Name of Acquirer	No. of Equity Shares	Mode of transaction
, Wilemina Finance Corp	1440000	Off-market transaction
Movi Limited	2160000	Off-market transaction

This is for your information and record.

Regards

For Wilemina Finance Corp

Authorised Signatory

Place - Floreal, Mauritius Date - 2nd September, 2020

For Movi Limited

Authorised Signatory

Place - Floreal, Mauritius Date - 2nd September, 2020

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

$\ddot{\phantom{a}}$

	Name of the Target Company (TC)	Ester Industries Limited
	Name(s) of the acquirer and Persons Acting inConcert (PAC) with the acquirer	AcquirersM/s MOVI Limited	M/s. Wilemina Finance Corp.
			Persons acting in Concert (PAC) (beingPromoters/Promoter Group members)
		Mr. Arvind SinghaniaMr. Jai Vardhan SinghaniaMrs. Uma Devi Singhania	Mr. Ayush Vardhan SinghaniaM/s Fenton Investments Private Limited
group	Whether the acquirer belongs to Promoter/Promoter	Yes
	Name(s) of the Stock Exchange(s) where theshares of TC are Listed *	BSE Limited	National Stock Exchange of India Ltd.
	Details of the acquisition / disposal as follows	Number	% w.r.t. totalshare/votingcapitalwhereverapplicable(*)	% w.r.t. totaldilutedshare/votingcapital of the$TC$ $(**)$
	Before the acquisition under consideration,holding of (Please refer annexure)-
	a) Shares carrying voting rights	49808203	59.73	59.73
	b) Shares in the nature of encumbrance(pledge/ lien/ non-disposal undertaking/others)
d)	c) Voting rights (VR) otherwise than by sharesWarrants/convertible securities/any other
	instrument that entitles the acquirer to	--
	receive shares carrying voting rights in theTC (specify holding in each category)
e)	Total (a+b+c+d)	49808203	59.73	59.73
	Details of acquisition/sale-(Please refer annexure)-
a)	Shares carrying voting rights acquired/soldb) VRs acquired /sold otherwise than by shares	3600000	4.32	4.32
c)	Warrants/convertible securities/any other
	instrument that entitles the acquirer toreceive shares carryingvoting rights in the TC (specify holdingin each category) acquired/sold	--
	d) Shares encumbered / invoked/released bythe acquirer
e)	Total $(a+b+c+/-d)$	3600000	4.32	4.32

After the acquisition/sale, holding of: (Please refer
annexure)-

a) Shares carrying voting rights	53408203	64.04	64.04
Shares encumbered with the acquirerb)
c) VRs otherwise than by 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) after
acquisition
e)	53408203	64.04	64.04
Total $(a+b+c+d)$
Mode of acquisition / sale (e.g. open market / off-	OFF-MARKET
market / public issue / rights issue / preferential
allotment / inter-se transfer etc).

Date of acquisition $/$ sale of shares $/$ VR or date of	1st September, 2020
receipt of intimation of allotment of shares,whichever is applicable

Equity share capital / total voting capital of the TC		83393759 Equity Shares of Rs. 5 each
before the said acquisition / sale		aggregating to Rs. 41,69,68,795/-

Equity share capital/ total voting capital of the TC		83393759 Equity Shares of Rs. 5 each
after the said acquisition / sale		aggregating to Rs. 41,69,68,795/-

Total diluted share/voting capital of the TC		83393759 Equity Shares of Rs. 5 each
after the said acquisition		aggregating to Rs. 41,69,68,795/-

(*) Total share capital/voting capital to be 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 Movi Limited

For Wilemina Finance Corp

Thelesse

$\bar{z}$

$\epsilon$

Authorised Signatory Place: Floreal, Mauritius Date: 2nd September, 2020

attherne

Authorised Signatory Place : Floreal, Mauritius Date: 2nd September, 2020