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Ester Industries Ltd. Major Shareholding Notification 2022

Oct 6, 2022

62215_rns_2022-10-06_ec6c8764-b08b-442c-837d-2f21c98dd4e7.pdf

Major Shareholding Notification

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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

ToBSE LimitedDepartment of Corporate India Ltd.Services, Phirojee JeejeebhoyTowers, Dalal Street,Mumbai - 400 023 ToNational Stock Exchange ofExchange Plaza, Plot no. C/1, G IBlock, Bandra-Kurla ComplexBandra (E), Mumbai - 400 051 $\overline{O}$Ester Industries LimitedSohan Nagar, P. O. Charubeta,Khatima-262308,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)Regulations, 2011 4th 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 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)mentioned at (3) above Number ofshares % w.r.t. totalshare /voting % of totaldiluted
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-B

Name of the Target Company: Ester Industries Limited

Name(s) of the person and Persons Whether the person belongs PANthe∵of
Acting in Concert (PAC) with the toPromoter/ Promoter person and PACs
person group
M/s Wilemina Finance Corp Yes AAACW8959M
Mr. Arvind Kumar Singhania Yes AAVPS3280M
Mr. Jai Vardhan Singhania Yes
CHAPS7236M
Mr. Ayush Vardhan Singhania Yes BGRPS5481D
Mrs. Uma Devi Singhania Yes AAVPS3281L
M/s. MOVI Limited Yes
AAKCM5813C

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 .total/votingsharecapital whereverapplicable % oftotaldilutedshare/votingcapital 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
IOTAL 4403191 5.28 5.28

For Wilemina Finance Corp.

Authorised Signatory

Place: Ebeine Mauritier

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 /votingcapital dilutedshare/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)
c) Warrants,
d) Convertible Securities
e) Any other instrument that would entitle the
holder to receive shares in the TC.
Total 44915012

$Part-B$

Name of the Target Company: Ester Industries Limited

Name(s) of the person and Persons Acting Whether the person belongs to PAN⊟ ofthe
in Concert (PAC) with the person Promoter/ Promoter group person and PACs
M/s Wilemina Finance Corp Yes. AAACW8959M
Mr. Arvind Kumar Singhania Yes AAVPS3280M
Mr. Jai Vardhan Singhania Yes CHAPS7236M
Mr. Ayush Vardhan Singhania Yes BGRPS5481D
Mrs. Uma Devi Singhania Yes AAVPS3281L
M/s. MOVI Limited Yes AAKCM5813C

Note:

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

Name of the Promoters Number of $\sqrt{ }$ % w.r.t .total %.oftotal
Shares /votingshare 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.

$\boldsymbol{\gamma}$ .

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 LimitedM/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
Whether the acquirer belongs to Promoter/Promotergroup 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) -- $-$
c) Voting rights (VR) otherwise than by sharesWarrants/convertible securities/any otherd) --
instrument that entitles the acquirer to --
receive shares carrying voting rights in theTC (specify holding in each category)
Total $(a+b+c+d)$e) 49808203 59.73 59.73
Details of acquisition/sale-(Please refer annexure)-
Shares carrying voting rights acquired/solda)b)VRs acquired /sold otherwise than by shares 3600000 4.32 4.32
Warrants/convertible securities/any other$\mathbf{c}$
instrument that entitles the acquirer toreceive shares carryingvoting rights in the TC (specify holdingin each category) acquired/sold -- $- -$ --
Shares encumbered / invoked/released byd)the acquirer $\ddotsc$
Total $(a+b+c+/-d)$e) 3600000 4.32 4.32
annexure)- After the acquisition/sale, holding of: (Please refer
a) Shares carrying voting rights 53408203 64.04 64.04
b) Shares encumbered with the acquirer
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) afteracquisition
e) Total $(a+b+c+d)$ 53408203 64.04 64.04
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
receipt of intimation of allotment of shares, 1st September, 2020
whichever is applicable
Equity share capital / total voting capital of the TCbefore the said acquisition / sale 83393759 Equity Shares of Rs. 5 eachaggregating 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

Annexure

Details of Shareholding of Acquirer and Person Acting in Concert (Pre & Post Acquisition)

Name of Acquirer andPACs Pre-acquisitionShareholdingalong with % ofShares w.r.t totalshare capital Acquisitionalong with % ofShares w.r.t totalshare capital Post-acquisitionShareholding alongwith % of Sharesw.r.t totalsharecapital
Mr. Arvind Singhania 150$(-)$ $\ddot{ }$ 150$(-)$
Mrs. Uma Devi Singhania 150$(-)$ -- 150$(-)$
Mr. Ayush Vardhan Singhania 178033$(0.21%)$ $\sim$ $\sim$ 178033$(0.21%)$
Mr. Jai Vardhan Singhania 124858$(0.15%)$ $-1$ 124858(0.15%)
M/s. Wilemina Finance Corp. 44915012(53.86%) 1440000(1.73%) 46355012(55.59%)
M/s. MOVI Limited 4100000$(4.92%)$ 2160000(2.59%) 6260000$(7.51%)$
M/s Fenton Investments PrivateLimited 490000$(0.59%)$ -- 490000$(0.59%)$
TOTAL 49808203(59.7265%) 3600000(4.3169%) 53408203(64.0434%)

For Movi Limited

atherine

Authorised SignatoryPlace: Floreal, Mauritius Date: 2nd September, 2020

$\frac{1}{2}$

For Wilemina Finance Corp

atthews

Authorised SignatoryPlace : Floreal, MauritiusDate: 2nd September, 2020

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

$\frac{1}{\sqrt{2}}\left( \frac{1}{\sqrt{2}}\right)$

$\mathcal{A}$

$\hat{\mathcal{A}}$

Name of the Target Company (TC) Ester Industries Limited
Name(s) of the acquirer and Persons Acting inConcert (PAC) with the acquirer Acquirers M/s MOVI LimitedM/s. Wilemina Finance Corp.Persons acting in Concert (PAC) (beingPromoters/Promoter Group members)
Mr. Arvind SinghaniaMr. Jai Vardhan SinghaniaMr. Ayush Vardhan SinghaniaMrs. Uma Devi SinghaniaM/s Fenton Investments Private Limited
Whether the acquirer belongs toPromoter/Promoter group 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 as follows Number % w.r.t. total% w.r.t. totalshare/votingdilutedcapitalshare/votingwherevercapital of theapplicable(*)$TC$ $(**)$
Before the acquisition under consideration,
holding of (Please refer annexure)-
$a$ \in Shares carrying voting rights 49808203 59.73 59.73
b) Shares in the nature of encumbrance $\ddotsc$ --
(pledge/ lien/ non-disposal
undertaking/others)
c) Voting rights (VR) otherwise than byshares
d) Warrants/convertiblesecurities/any
otherinstrument thatentitles the
acquirer to receive shares carrying voting
rights in the TC (specify holding in
each category)
Total $(a+b+c+d)$e) 49808203 59.73 59.73
Details of acquisition (Please refer annexure)-
a) Shares carrying voting rights acquired 3600000 4.32 4.32
b) VRs acquired otherwise than by equity
shares --
c) Warrants/convertible securities/any
other instrument that entitles theacquirer to receive shares carrying
voting rights in the TC (specify
holding in each category) acquired
d) Shares in the nature of encumbrance
(pledge/ lien/ non-disposal undertaking/
others)
Total $(a+b+c+/-d)$e) 3600000 4.32 4.32
After the acquisition, holding of acquirer along
with PACs of (Please refer annexure)-
a) Shares carrying voting rights 53408203 64.04 64.04
b) VRs otherwise than by shares $\ddotsc$ --
c) Warrants/convertiblesecurities/any --
other instrument that entitles the
acquirer to receive shares carrying voting
in the TC (specify holding inrights
each category) after acquisition
d) Shares in the nature of encumbrance
(pledge/ lien/non-disposal undertaking/
others)
Total (a+b+c+d)e) 53408203 64.04 64.04
Mode of acquisition (e.g. open market/ public OFF-MARKET
issue / rights issue / preferential allotment /
inter-se transfer/encumbrance etc).
Salient features of the securities acquired including Equity Shares of face value of Rs. 5 each
time till redemption, ratio at which it can be
converted into equity shares, etc.
Date of acquisition of/date of receipt of intimation 1st September, 2020
of allotment of shares / VR/ warrants/convertible
securities/any other instrument that entitles the
acquirer to receive shares in the TC.
Equity share capital / total voting capital of the 83393759 Equity Shares of Rs. 5 eachaggregating to Rs. 41,69,68,795/-
TC before the said acquisition
Equity share capital/ total voting capital of the 83393759 Equity Shares of Rs. 5 each
TC after the said acquisition 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/-

For Movi Limited

atthews

Authorised SignatoryPlace : Floreal, MauritiusDate: 2™ September, 2020

For Wilemina Finance Corp

athemis

$\cdot$

Authorised SignatoryPlace : Floreal, MauritiusDate: 2¤ª September, 2020

PART B***

Name(s) of the acquirer andPersons Acting in Concert(PAC) with the acquirer Whether the acquirerbelongs to Promoter/Promoter group PAN of the acquirerand/or PACs
Mr. Arvind Singhania Yes AAVPS3280M
Mrs. Uma Devi Singhania Yes AAVPS3281L
Mr. Ayush Vardhan Singhania Yes. BGRPS5481D
Mr. Jai Vardhan Singhania Yes CHAPS7236M
M/s. Wilemina Finance Corp. Yes AAACW8959M
M/s. MOVI Limited Yes AAKCM5813C
M/s Fenton Investments Private Limited Yes AAACF5719J

Annexure- Details of Shareholding of Acquirer and Person Acting in Concert (Pre & Post Acquisition)

Name of Acquirer andPACs Pre-acquisitionShareholdingalong with % ofShares w.r.t totalshare capital Acquisitionalong with % ofShares w.r.t totalshare capital Post-acquisitionShareholding alongwith % of Sharesw.r.t totalsharecapital
Mr. Arvind Singhania 150$(-)$ 150$(-)$
Mrs. Uma Devi Singhania 150$(-)$ $- -$ 150$(-)$
Mr. Ayush Vardhan Singhania 178033$(0.21%)$ -- 178033$(0.21%)$
Mr. Jai Vardhan Singhania 124858$(0.15%)$ $-1$ 124858$(0.15%)$
M/s. Wilemina Finance Corp. 44915012(53.86%) 1440000(1.73%) 46355012(55.59%)
M/s. MOVI Limited 4100000$(4.92%)$ 2160000(2.59%) 6260000$(7.51%)$
M/s Fenton Investments PrivateLimited 490000(0.59%) 490000$(0.59%)$
TOTAL 49808203(59.7265%) 3600000(4.3169%) 53408203(64.0434%)

(*) 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.

(***) Part-B shall be disclosed to the Stock Exchanges but shall not be disseminated.

For Movi Limited

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

For Wilemina Finance Corp

Agas

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

WILEMINA FINANCE CORP.

Floreal Road, No.71, Curepipe, Mauritius

_________________________________________________________________________

Date 08 April 2021

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

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

Mr Ashvin Mawven 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

Part-A-Details of Shareholding

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.a. Particulars of the shareholder(s):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.Or M/s Wilemina Finance Corp.#Persons acting in concert (PACs) –Mr. Arvind Singhania#Mr. Jai Vardhan Singhania#Mr. Ayush Vardhan Singhania#Mrs. Uma Devi Singhania#M/s. MOVI Limited#
b. Name(s)ofpromoter(s),memberofthepromoter group and PAC with him. M/s. Fenton Investments Private Limited## (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 46355012 55.59 55.59
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 46355012 55.59 55.59

Part-B

Name of the Target Company: Ester Industries Limited

Name(s) of the person and Persons Acting Whether the person belongs to PAN of the
in Concert (PAC) with the person Promoter/ Promoter group person and PACs
M/s Wilemina Finance Corp Yes AAACW8959M
Mr. Arvind Singhania Yes AAVPS3280M
Mr. Jai Vardhan Singhania Yes CHAPS7236M
Mr. Ayush Vardhan Singhania Yes BGRPS5481D
Mrs. Uma Devi Singhania Yes AAVPS3281L
M/s. MOVI Limited Yes AAKCM5813C
M/s. Fenton Investments Private Limited Yes AAACF5719J

Note:

Details of equity shares held by Person Acting in Concert (PAC) as on 31st March, 2021

Name of the Promoters Numberof % w.r.t .total %oftotal
Shares share/voting diluted
capitalwherever share/voting
applicable capital of TC
Mr. Arvind 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 6260000 7.51 7.51
M/s. Fenton Investments Private Limited 490000 0.59 0.59

For Wilemina Finance Corporation

Mr Ashvin Mawven Authorised Signatory

Place: Mauritius Date : 08 April 2021

WILEMINA FINANCE CORP Floreal Road, No.71, Curepipe, Mauritius

Date 08 April 2021

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

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 be and are hereby declare that we along with persons acting our concert, have not made any encumbrance, directly or indirectly, during the financial year 2020-2021.

However, we had created encumbrance for 50,00,000 Equity Shares in favour of bank during financial year 2018-19, which was already declared in compliance with SEBI regulations applicable thereto.

This is for your information and record.

Regards

For Wilemina Finance Corp.

Mr Ashvin Mawven Authorised Signatory

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

WILEMINA FINANCE CORP.

Floreal Road, No.71, Curepipe, Mauritius _________________________________________________________________________

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

Dear Sir

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

Target Company – ESTER INDUSTRIES LIMITED

Please find enclosed Disclosure pursuant to Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for purchase of 21,00,000 Equity Shares of Ester Industries Limited (Target Company) from Movi Limited (Seller) as inter-se transfer between Promoters through off-market transaction.

After this transaction, there is no change in aggregate shareholding of Promoters/Promoters group.

This is for your information and record.

Regards

For Wilemina Finance Corp.

Mr Ashvin Mawven Authorised Signatory Place – Mauritius Date – 14/04/2021

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

Name of the Target Company (TC) Ester Industries Limited
Name(s) of the acquirerand PersonsActing in Concert (PAC) with the acquirer M/s Wilemina Finance Corp.
Persons acting in Concert (PAC)M/s. MOVI LimitedMr. Arvind SinghaniaMr. Jai Vardhan SinghaniaMr. Ayush Vardhan SinghaniaMrs. Uma Devi SinghaniaM/s. Fenton Investments Private Limited
Whether the acquirer belongs toPromoter/Promoter group Yes
the Name(s) of the Stock Exchange(s) whereshares of TC are Listed National Stock Exchange of India Ltd.BSE Limited
follows Details of the acquisition / disposal as Number % w.r.t. totalshare/votingcapitalwhereverapplicable(*) % w.r.t. totaldilutedshare/votingcapital of theTC (**)
Before the acquisition under consideration,
holding of : (Acquirer and PAC)
a) Shares carrying voting rights 53408203 64.04 64.04
b) Shares in the nature ofencumbrance (pledge/ lien/ nondisposal undertaking/ others) _ -- --
c) Voting rights (VR) otherwise than byshares -- -- --
d) Warrants/convertible securities/anyother instrument that entitles theacquirer to receive shares carryingvoting rights in the TC (specifyholding in each category) -- -- --
e) Total (a+b+c+d) 53408203 64.04 64.04
Details of acquisition/sale
a) Shares carrying voting rightsacquired/sold As per annexure As per annexure As per annexure
b) VRs acquired /sold otherwise than byshares -- -- --
c) Warrants/convertiblesecurities/any other instrumentthat entitles the acquirer toreceive shares carryingvoting rights in the TC (specifyholding in each category)acquired/sold -- -- --
d) Shares encumbered / -- -- --
invoked/released by the acquirere)Total (a+b+c+/-d) As per annexure As per annexure As per annexure
After the acquisition/sale, holding of:
(Acquirer and PAC)
a)Shares carrying voting rights 53408203 64.04 64.04
b)Shares encumbered with the acquirer -- -- --
c)VRs otherwise than by shares -- -- --
d)Warrants/convertible securities/anyother instrument that entitles theacquirer to receive shares carryingvoting rightsin the TC (specifyholdingineach category) afteracquisition -- -- --
e)Total (a+b+c+d) 53408203 64.04 64.04
Mode of acquisition / sale (e.g. openmarket / off-market / public issue / rightsissue / preferential allotment / inter-setransfer etc). Inter-se transfer between promoters
Date of acquisition / sale of shares / VR ordate of receipt of intimation of allotmentof shares, whichever is applicable 10th April, 2021
Equity share capital / total voting capital ofthe TC before the said acquisition / sale 83393759 Equity Shares of Rs. 5 each aggregatingto Rs. 41,69,68,795/-
Equity share capital/ total votingcapitalofthe TC after the said acquisition / sale 83393759 Equity Shares of Rs. 5 each aggregatingto Rs. 41,69,68,795/-
Total diluted share/voting capital of theTC after the said acquisition 83393759 Equity Shares of Rs. 5 each aggregatingto 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 Wilemina Finance Corp.

Mr Ashvin Mawven Authorised Signatory Place : Mauritius Date: 14 April 2021

Annexure

Details of Shareholding of Acquirer and Person Acting in Concert (Pre & Post Acquisition)

Name of Acquirer andPACs Pre-acquisitionShareholding alongwith % of Sharesw.r.ttotalsharecapital Acquisition along with% of Shares w.r.t totalshare capital Post-acquisitionShareholdingalong with % ofShares w.r.t totalshare capital
Mr. Arvind Singhania 150(--) -- 150(--)
Mrs. Uma Devi Singhania 150(--) -- 150(--)
Mr. Ayush Vardhan Singhania 178033(0.21%) -- 178033(0.21%)
Mr. Jai Vardhan Singhania 124858(0.15%) -- 124858(0.15%)
M/s. Wilemina Finance Corp. 46355012(55.58%) 2100000 (acquisition)(2.52%) 48455012(58.10%)
M/s. MOVI Limited 6260000(7.51%) (2100000) (sale)(2.52%) 4160000(4.99%)
M/s Fenton Investments PrivateLimited 490000(0.59%) -- 490000(0.59%)
TOTAL 53408203(64.04%) -- 53408203(64.04%)

For Wilemina Finance Corp.

Authorised Signatory

Place : Date:

MOVI LIMITED

6th Floor, Tower-A, 1, Cyber City, Ebene, Mauritius

Date- $04/04/19$

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

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 MOVI Limited

Authorsed 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

Part-A-Details of Shareholding

$\label{eq:2.1} \frac{1}{2} \int_{-\infty}^{\infty} \frac{dx}{\sqrt{2\pi}} , dx$

$\lambda$

$\ddot{\phantom{a}}$

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. 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. MOVI LimitedPersons acting in concert (PACs) -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 & all above mentionedfive PACs are Promoters/Members of Promotergroup of the Company)
4. Particulars of the shareholding of person(s)mentioned at (3) above Number ofshares % w.r.t. totalshare /votingcapitalwhereverapplicable % of totaldilutedshare/votingcapital of TC
As on March 31 of the year, holding of:
a) Shares 4100000 4.92 4.92
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 4100000 4.92 4.92

$\sim$

Part-B

Name of the Target Company: Ester Industries Limited

Name of the person and Persons Acting in Whether the person belongs to PANtheof.
Concert (PAC) with the person Promoter/ Promoter group person and PACs
M/s. MOVI Limited Yes AAKCM5813C
Mrs. Uma Devi Singhania Yes AAVPS3281L
M/s Wilemina Finance Corp. Yes AAACW8959M
Mr. Arvind Kumar Singhania Yes AAVPS3280M
Mr. Jai Vardhan Singhania Yes CHAPS7236M
Mr. Ayush Vardhan Singhania Yes BGRPS5481D

Note:

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

Name of the Promoters Number of % w.r.t .total % of total
Shares share/voting diluted
capital share/voting
wherever capital of TC
applicable (*)
M/s. Wilemina Finance Corp. 44915012 53.86 53.86
Mr. Jai Vardhan Singhania 124858 0.15 0.15
Mr. Ayush Vardhan Singhania 178033 0.21 0.21
Mr. Arvind Kumar Singhania 150
Mrs. Uma Devi Singhania 150 $- -$
TOTAL 45218203 54.22 54.22

For MQVI Limited

w

Authorised Signatory

Place: Ebene, Mauritius

MOVI LIMITED

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 MOVI Limited

-DocuSigned by: A -BDAED2EF1893436...

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

$\frac{1}{2}$ , $\frac{1}{2}$ $\overline{\phantom{a}}$

$\bar{z}$

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. 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. MOVI LimitedPersons acting in concert (PACs) -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 & all above mentionedfive PACs are Promoters/Members of Promotergroup of the Company)
4. Particulars of the shareholding of person(s)mentioned at (3) above Number ofshares % w.r.t. totalshare /votingcapitalwhereverapplicable % of totaldilutedshare/votingcapital of TC
As on March 31 of the year, holding of:
a) Shares 4100000 4.92 4.92
b) Voting Rights (otherwise than by shares)
c) Warrants,
d) Convertible Securities
e) Any other instrument that would entitle theholder to receive shares in the TC.
Total 4100000 4.92 4.92

$Part-B$

Name of the Target Company: Ester Industries Limited

Name of the person and Persons Acting in Whether the person belongs to PANofthe
Concert (PAC) with the person Promoter/ Promoter group person and PACs
M/s. MOVI Limited Yes AAKCM5813C
Mrs. Uma Devi Singhania Yes. AAVPS3281L
M/s Wilemina Finance Corp. Yes AAACW8959M
Mr. Arvind Kumar Singhania Yes. AAVPS3280M
Mr. Jai Vardhan Singhania Yes CHAPS7236M
Mr. Ayush Vardhan Singhania Yes BGRPS5481D

Note:

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

Name of the Promoters NumberofShares % w.r.t .totalshare /votingcapitalwhereverapplicable %total.ofdilutedshare/votingcapital of TC(*)
M/s. Wilemina Finance Corp. 44915012 53.86 53.86
Mr. Jai Vardhan Singhania 124858 0.15 0.15
Mr. Ayush Vardhan Singhania 178033 0.21 0.21
Mr. Arvind Kumar Singhania 150
Mrs. Uma Devi Singhania 150

For MOVI Limited

-DocuSigned by: PARTICIPAL _/-BDAED2EF1893436... Authorised Signatory

Place: Ebene, Mauritius Date: 28 May 2020

MOVI LIMITED

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, MOVI Limited, Promoter of the Company be and are hereby declare that we along with our persons acting in concert, have not made any encumbrance, directly or indirectly, during the financial year 2019-2020.

This is for your information and record.

Thanking you.

Yours faithfully DocuSigned by:

.

MOVI Limited

$CC:$ 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 То To
BSE Limited National Stock Exchange of Ester Industries Limited
Department ofCorporate 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

$\bar{z}$

i.

$\bar{\mathbf{v}}$

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 LimitedM/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 * National Stock Exchange of India Ltd.BSE Limited
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) $\overline{\phantom{a}}$ --
c) Voting rights (VR) otherwise than by shares ٠. $-$
d) Warrants/convertible securities/any otherinstrument that entitles the acquirer toreceive shares carrying voting rights in theTC (specify holding in each category) -- $\sim$ $\sim$ $\sim$ $\sim$
e) Total $(a+b+c+d)$ 49808203 59.73 59.73
a) Details of acquisition/sale-(Please refer annexure)-Shares carrying voting rights acquired/soldb) VRs acquired /sold otherwise than by shares 3600000 4.32 4.32
c) Warrants/convertible securities/any otherinstrument that entitles the acquirer to -- $-$
receive shares carryingvoting rights in the TC (specify holdingin each category) acquired/sold $\overline{\phantom{a}}$ $\ddotsc$
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 otherinstrument that entitles the acquirer to
receive shares carrying voting rights in the
TC (specify holding in each category) afteracquisition
Total $(a+b+c+d)$e) 53408203 64.04 64.04
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 ofreceipt of intimation of allotment of shares,whichever is applicable 1st September, 2020
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

The Therman

$\sim$ $\lambda$

$\bar{\gamma}$

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

$\pi\sqrt{M}$

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

Annexure

$\sim$

Details of Shareholding of Acquirer and Person Acting in Concert (Pre & Post Acquisition)

Name of Acquirer andPACs Pre-acquisitionShareholdingalong with % ofShares w.r.t totalshare capital Acquisitionalong with % ofShares w.r.t totalshare capital Post-acquisitionShareholding alongwith % of Sharesw.r.t totalsharecapital
Mr. Arvind Singhania 150$(-)$ -- 150$(-)$
Mrs. Uma Devi Singhania 150$(-)$ $\overline{\phantom{a}}$ 150$(-)$
Mr. Ayush Vardhan Singhania 178033$(0.21%)$ -- 178033$(0.21%)$
Mr. Jai Vardhan Singhania 124858$(0.15%)$ $\overline{a}$ 124858$(0.15%)$
M/s. Wilemina Finance Corp. 44915012(53.86%) 1440000$(1.73%)$ 46355012(55.59%)
M/s. MOVI Limited 4100000$(4.92%)$ 2160000$(2.59%)$ 6260000$(7.51%)$
M/s Fenton Investments PrivateLimited 490000$(0.59%)$ -- 490000$(0.59%)$
TOTAL 49808203(59.7265%) 3600000(4.3169%) 53408203(64.0434%)

For Movi Limited

atterne

Authorised SignatoryPlace : Floreal, Mauritius Date: 2nd September, 2020

$\bar{\gamma}$

For Wilemina Finance Corp

atterne

$\overline{a}$

Authorised SignatoryPlace : Floreal, Mauritius Date: 2nd September, 2020

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

$\sim 10^{11}$

$\ddot{\phantom{a}}$

J.

$\ddot{\phantom{a}}$

Ester Industries LimitedName of the Target Company (TC)
Name(s) of the acquirer and Persons Acting inConcert (PAC) with the acquirer AcquirersM/s MOVI LimitedM/s. Wilemina Finance Corp.Persons acting in Concert (PAC) (beingPromoters/Promoter Group members)Mr. Arvind SinghaniaMr. Jai Vardhan SinghaniaMr. Ayush Vardhan SinghaniaMrs. Uma Devi SinghaniaM/s Fenton Investments Private Limited
Whether the acquirer belongs toPromoter/Promoter group Yes
Name(s) of the Stock Exchange(s) where theshares of TC are Listed National Stock Exchange of India Ltd.BSE Limited
Details of the acquisition as follows Number% w.r.t. total% w.r.t. totalshare/votingdilutedshare/votingcapitalwherevercapital of theTC (**)applicable(*)
Before the acquisition under consideration,
holding of (Please refer annexure)-
a) Shares carrying voting rightsb) Shares in the nature of encumbrance 49808203 59.73$-$ 59.73
(pledge/ lien/ non-disposal
undertaking/others)
c) Voting rights (VR) otherwise than byshares
d) Warrants/convertiblesecurities/anyinstrument thatotherentitlestheacquirer to receive shares carrying votingrights in the TC (specify holding ineach category)
e) Total $(a+b+c+d)$ 49808203 59.73 59.73
Details of acquisition (Please refer annexure)-
a) Shares carrying voting rights acquiredb) VRs acquired otherwise than by equity 3600000 4.32 4.32
shares $-1$
c) Warrants/convertible securities/anyother instrument that entitles theacquirer to receive shares carryingvoting rights in the TC (specify
holding in each category) acquiredd) Shares in the nature of encumbrance(pledge/ lien/ non-disposal undertaking/others)
e) Total $(a+b+c+/-d)$ 3600000 4.32 4.32
After the acquisition, holding of acquirer along
with PACs of (Please refer annexure)-
a) Shares carrying voting rights 53408203 64.04 64.04
b) VRs otherwise than by shares -- --
c) Warrants/convertiblesecurities/any
other instrument that entitles the
acquirer to receive shares carrying votingrights in the TC (specify holding in
each category) after acquisition
d) Shares in the nature of encumbrance $-$
(pledge/ lien/non-disposal undertaking/
others)
Total $(a+b+c+d)$e) 53408203 64.04 64.04
Mode of acquisition (e.g. open market/ public OFF-MARKET
issue / rights issue / preferential allotment /
inter-se transfer/encumbrance etc).
Salient features of the securities acquired including Equity Shares of face value of Rs. 5 each
time till redemption, ratio at which it can beconverted into equity shares, etc.
Date of acquisition of/date of receipt of intimationof allotment of shares / VR/ warrants/convertible 1st September, 2020
securities/any other instrument that entitles the
acquirer to receive shares in the TC.
Equity share capital / total voting capital of the
TC before the said acquisition 83393759 Equity Shares of Rs. 5 eachaggregating to Rs. 41,69,68,795/-
Equity share capital/ total voting capital of the 83393759 Equity Shares of Rs. 5 each
TC after the said acquisition 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/-

For Movi Limited

athlown

Authorised SignatoryPlace : Floreal, Mauritius Date: 2nd September, 2020

For Wilemina Finance Corp

atthering

Authorised SignatoryPlace : Floreal, MauritiusDate: 2¤ª September, 2020

PART B***

$\sim$

$\hat{\chi}$

Name(s) of the acquirer andPersons Acting in Concert(PAC) with the acquirer Whether the acquirerbelongs to Promoter/Promoter group PAN of the acquirerand/or PACs
Mr. Arvind Singhania Yes AAVPS3280M
Mrs. Uma Devi Singhania Yes AAVPS3281L
Mr. Ayush Vardhan Singhania Yes BGRPS5481D
Mr. Jai Vardhan Singhania Yes CHAPS7236M
M/s. Wilemina Finance Corp. Yes AAACW8959M
M/s. MOVI Limited Yes AAKCM5813C
M/s Fenton Investments Private Limited Yes AAACF5719J

Annexure- Details of Shareholding of Acquirer and Person Acting in Concert (Pre & Post Acquisition)

Name of Acquirer andPACs Pre-acquisitionShareholdingalong with % ofShares w.r.t totalshare capital Acquisitionalong with % ofShares w.r.t totalshare capital Post-acquisitionShareholding alongwith % of Sharestotal sharew.r.tcapital
Mr. Arvind Singhania 150$(-)$ -- 150$(-)$
Mrs. Uma Devi Singhania 150$(-)$ -- 150$(-)$
Mr. Ayush Vardhan Singhania 178033$(0.21%)$ $\blacksquare$ 178033$(0.21%)$
Mr. Jai Vardhan Singhania 124858$(0.15%)$ $-1$ 124858$(0.15%)$
M/s. Wilemina Finance Corp. 44915012(53.86%) 1440000(1.73%) 46355012(55.59%)
M/s. MOVI Limited 4100000$(4.92%)$ 2160000$(2.59%)$ 6260000$(7.51%)$
M/s Fenton Investments PrivateLimited 490000$(0.59%)$ -- 490000$(0.59%)$
TOTAL 49808203(59.7265%) 3600000$(4.3169%)$ 53408203$(64.0434%)$

(*) 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.

(***) Part-B shall be disclosed to the Stock Exchanges but shall not be disseminated.

For Movi Limited

athlewin

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

For Wilemina Finance Corp

Marine

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

MOVI LIMITED

Floreal Road, No.71, Curepipe, Mauritius

_____________________________________________________________________________________

Date 08 April 2021

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

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 MOVI Limited

Mr Ashvin Mawven 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

Part-A-Details of Shareholding

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)ofpromoter(s),memberofthepromoter group and PAC with him. M/s. MOVI LimitedPersons acting in concert (PACs) –M/s. Wilemina Finance Corp.#Mr. Arvind Singhania#Mr. Jai Vardhan Singhania#Mr. Ayush Vardhan Singhania#Mrs. Uma Devi Singhania#M/s. Fenton Investments Private Limited## (M/s. MOVI Limited & all above mentionedfive PACs are Promoters/Members of Promotergroup of the Company)
4. Particulars of the shareholding of person(s)mentioned at (3) above Number ofshares % w.r.t. totalshare /votingcapitalwhereverapplicable % of totaldilutedshare/votingcapital of TC
As on March 31 of the year, holding of:
a) Shares 6260000 7.51 7.51
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 6260000 7.51 7.51

Part-B

Name of the Target Company: Ester Industries Limited

Name of the person and Persons Acting in Whether the person belongs to PANofthe
Concert (PAC) with the person Promoter/ Promoter group person and PACs
M/s. MOVI Limited Yes AAKCM5813C
Mrs. Uma Devi Singhania Yes AAVPS3281L
M/s Wilemina Finance Corp. Yes AAACW8959M
Mr. Arvind Singhania Yes AAVPS3280M
Mr. Jai Vardhan Singhania Yes CHAPS7236M
Mr. Ayush Vardhan Singhania Yes BGRPS5481D
M/s. Fenton Investments Private Limited Yes AAACF5719J

Note:

Details of equity shares held by Person Acting in Concert (PAC) as on 31st March, 2021

Name of the Promoters NumberofShares % w.r.t .totalshare /votingcapital %oftotaldilutedshare/voting
wherever capital of TC
applicable (*)
M/s. Wilemina Finance Corp. 46355012 55.59 55.59
Mr. Jai Vardhan Singhania 124858 0.15 0.15
Mr. Ayush Vardhan Singhania 178033 0.21 0.21
Mr. Arvind Singhania 150 -- --
Mrs. Uma Devi Singhania 150 -- --
M/s. Fenton Investments Private Limited 490000 0.59 0.59

For MOVI Limited

Mr Ashvin Mawven Authorised Signatory

Place: Mauritius Date : 08 April 2021

MOVI LIMITED FLOREAL ROAD NO.71 , CUREPIPE, MAURITIUS

Date 08 April 2021

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

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

Target Company – ESTER INDUSTRIES LIMITED

We, MOVI Limited, Promoter of the Company be and are hereby declare that we along with our persons acting in concert, have not made any encumbrance, directly or indirectly, during the financial year 2020-2021.

This is for your information and record.

Regards

For MOVI Limited

Mr Ashvin Mawven Authorised Signatory

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

MOVI LIMITED

Floreal Road, No.71, Curepipe, Mauritius _____________________________________________________________________________________

Date 14 April 2021

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

Dear Sir

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

Target Company – ESTER INDUSTRIES LIMITED

Please find enclosed Disclosure pursuant to Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for sale of 21,00,000 Equity Shares of Ester Industries Limited (Target Company) to Wilemina Finance Corp. (Acquirer) as inter-se transfer between Promoters through off-market transaction.

After this transaction, there is no change in aggregate shareholding of Promoters/Promoters group.

This is for your information and record.

Regards

For MOVI Limited

Mr Ashvin Mawven Authorised Signatory Place – Mauritius Date – 14/04/2021

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

Name of the Target Company (TC) Ester Industries Limited
Name(s) of the acquirerand PersonsActing in Concert (PAC) with the acquirer M/s MOVI Limited
Persons acting in Concert (PAC)M/s. Wilemina Finance Corp.Mr. Arvind SinghaniaMr. Jai Vardhan SinghaniaMr. Ayush Vardhan SinghaniaMrs. Uma Devi SinghaniaM/s. Fenton Investments Private Limited
Whether the acquirer belongs toPromoter/Promoter group Yes
the Name(s) of the Stock Exchange(s) whereshares of TC are Listed National Stock Exchange of India Ltd.BSE Limited
follows Details of the acquisition / disposal as Number% w.r.t. total% w.r.t. totalshare/votingdilutedcapitalshare/votingwherevercapital of theapplicable(*)TC (**)
Before the acquisition under consideration,
holding of : (Seller and PAC)
a) Shares carrying voting rights 53408203 64.04 64.04
b) Shares in the nature ofencumbrance (pledge/ lien/ nondisposal undertaking/ others) _ -- --
c) Voting rights (VR) otherwise than byshares -- -- --
d) Warrants/convertible securities/anyother instrument that entitles theacquirer to receive shares carryingvoting rights in the TC (specifyholding in each category) -- -- --
e) Total (a+b+c+d) 53408203 64.04 64.04
Details of acquisition/sale
a) Shares carrying voting rightsacquired/sold As per Annexure As per Annexure As per Annexure
b) VRs acquired /sold otherwise than byshares -- -- --
c) Warrants/convertiblesecurities/any other instrumentthat entitles the acquirer toreceive shares carryingvoting rights in the TC (specifyholding in each category)acquired/sold -- -- --
d) Shares encumbered / -- -- --
invoked/released by the acquirere)Total (a+b+c+/-d) As per Annexure As per Annexure As per Annexure
After the acquisition/sale, holding of:(Seller and PAC)
a)Shares carrying voting rightsb)Shares encumbered with the acquirerc)VRs otherwise than by sharesd)Warrants/convertible securities/anyother instrument that entitles theacquirer to receive shares carryingvoting rightsin the TC (specifyholdingineach category) afteracquisitione)Total (a+b+c+d) 53408203------53408203 64.04------64.04 64.04------64.04
Mode of acquisition / sale (e.g. openmarket / off-market / public issue / rightsissue / preferential allotment / inter-setransfer etc). Inter-se transfer between promoters
Date of acquisition / sale of shares / VR ordate of receipt of intimation of allotment ofshares, whichever is applicable 10th April, 2021
Equity share capital / total voting capital ofthe TC before the said acquisition / sale 83393759 Equity Shares of Rs. 5 each aggregatingto Rs. 41,69,68,795/-
Equity share capital/ total votingcapitalofthe TC after the said acquisition / sale 83393759 Equity Shares of Rs. 5 each aggregatingto Rs. 41,69,68,795/-
Total diluted share/voting capital of theTC after the said acquisition 83393759 Equity Shares of Rs. 5 each aggregatingto 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

Mr Ashvin Mawven Authorised Signatory Place : Mauritius Date: 14.04.2021

Annexure

Details of Shareholding of Acquirer and Person Acting in Concert (Pre & Post Acquisition)

Name of Acquirer andPACs Pre-acquisitionShareholding alongwith % of Sharesw.r.ttotalsharecapital Acquisition along with% of Shares w.r.t totalshare capital Post-acquisitionShareholdingalong with % ofShares w.r.t totalshare capital
Mr. Arvind Singhania 150(--) -- 150(--)
Mrs. Uma Devi Singhania 150(--) -- 150(--)
Mr. Ayush Vardhan Singhania 178033(0.21%) -- 178033(0.21%)
Mr. Jai Vardhan Singhania 124858(0.15%) -- 124858(0.15%)
M/s. Wilemina Finance Corp. 46355012(55.58%) 2100000 (acquisition)(2.52%) 48455012(58.10%)
M/s. MOVI Limited 6260000(7.51%) (2100000) (sale)(2.52%) 4160000(4.99%)
M/s Fenton Investments PrivateLimited 490000(0.59%) -- 490000(0.59%)
TOTAL 53408203(64.04%) -- 53408203(64.04%)

For MOVI Limited

Authorised Signatory

Place : Date: Mauritius 14 April 2021