GARWARE TECHNICAL FIBRES LIMITED — Major Shareholding Notification 2021

Apr 7, 2021

April 6, 2021

To: Garware Technical Fibres Ltd. Plot No. 11, Block D-1, MIDC, Chinchwad, Pune 411 019

BSE Limited

Corporate Relationship Department, New Trading Ring, Rotunda Building, P. J. Towers, Dalal Street, Fort, Mumbai 400001. (Company code: 509557)

The National Stock Exchange of India Ltd.

Exchange Plaza, Plot No. C/1, ‘G’ Block, Bandra-Kurla Complex, Bandra East, Mumbai 400051. (Symbol: GARFIBRES, Series: EQ)

Dear Sirs,

Sub: Disclosure under Regulation 30(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

With reference to the Regulation mentioned above, I am giving the information about the aggregate shareholding and voting rights of the promoters, along with person/s acting in concert, in Garware Technical Fibres Limited, as of 31[st] March, 2021, in prescribed form attached herewith.

This is for your information please,

Thanking You,

Yours faithfully,

Vayu R. Garware Encl.: as above

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

Part-A- Details of Shareholding	Part-A- Details of Shareholding	Part-A- Details of Shareholding
1.	Name oftheTarget Company (TC)		GarwareTechnical FibresLimited
2.	Name(s) of the stock exchange(s) where the shares of the TC are listed		1) BSE Ltd.
			2) NationalStock Exchange of IndiaLtd.
3.	a.	Name of person(s) together with Persons Acting in Concert (PAC) whose total holding (including that in the form of shares, warrants, convertible securities and any other instrument that would entitle the holder to receive shares in the TC) is more than 25% of the votingrights oftheTC.
		Or
	b.	Name(s) of promoter(s), member of the promoter group and PAC with him.	1	Vayu Ramesh Garware
			2	Mayuri Vayu Garware
			3	Garware Capital Markets Limited
			4	Gurukrupa Comtrade Pvt. Ltd (formerly Gurukrupa Investments &Trading Co. Pvt. Ltd.)
			5	Manmit Investments & TradingCo Pvt. Ltd
			6	Moonshine Investments & TradingCo Pvt. Ltd
			7	Sanand Investments & TradingCo Pvt. Ltd
			8	Starshine Comtrade Pvt. Ltd (formerly Starshine Investments &Trading Co. Pvt. Ltd.)
			9	Sukukar Holdings & TradingCo Pvt. Ltd
			10	Garware Research Institute
			11	Vimlabai Garware Research Institute Pvt. Ltd. (formerlyVimlabaiGarwareResearch Institute)
			12	VRG Investments Limited
			13	VMIR Investment Limited

…2

-2-

4.	Particulars of the shareholding of person(s) mentioned at (3) above	Particulars of the shareholding of person(s) mentioned at (3) above	Particulars of the shareholding of person(s) mentioned at (3) above	Number of shares	% w.r.t. total share /voting capital wherever applicable	% of total diluted share/voting capital of TC(*)
	As	of March31st ofthe year holding of:
	a.	Shares
		**1	VayuRameshGarware	3352219	16.26	16.26
		2	Mayuri Vayu Garware	10	0.00	0.00
		3	Garware Capital MarketsLtd	3568170	17.31	17.31
		4	Gurukrupa Comtrade Pvt. Ltd (formerly Gurukrupa Investments & Trading Co. Pvt. Ltd.)	90849	0.44	0.44
		5	Manmit Investments & Trading Co Pvt. Ltd	284185	1.38	1.38
		6	Moonshine Investments & Trading Co Pvt. Ltd	459695	2.23	2.23
		7	SanandInvestments &Trading CoPvt. Ltd	275032	1.33	1.33
		8	Starshine Comtrade Pvt. Ltd (formerly Starshine Investments & Trading Co. Pvt. Ltd.)	201720	0.98	0.98
		9	Sukukar Holdings & Trading Co Pvt. Ltd	256600	1.24	1.24
		10	GarwareResearch Institute	2300	0.01	0.01
		11	Vimlabai Garware Research Institute Pvt. Ltd. (Formerly Vimlabai Garware Research Institute)	554339	2.69	2.69
		12	VRG Investments Limited	881400	4.28	4.27
		13	VMIR InvestmentLimited	922211	4.47	4.47
		Total of(a)		10848730	52.62	52.62
	b.	VotingRights (otherwise thanby shares)		0	0.00	0.00
	c.	Warrants		0	0.00	0.00
	d.	Convertible Securities		0	0.00	0.00
	e.	Any other instrument that would entitle the holdertoreceive sharesintheTC.		0	0.00	0.00
	Total(a+b+c+d+e)			10848730	52.62	52.62

• (*) 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.

(**) Out of 33,52,219 equity shares

i) 11,06,643 (5.37%) equity shares registered in my name as partner, beneficial interest in which is held by Partnership Firm – M/s Ramesh Trading Company (PAN – AADFR4416L).

ii) 8,83,941 (4.29%) equity shares registered in my name as partner, beneficial interest in which is held by Partnership Firm – M/s Sunita Trading Company (PAN- AAHFS1132Q).

..3

-3-

Part - B***

Name of the Target Company: Garware Technical Fibres Limited.

Name(s) of the person and Persons Acting in Concert (PAC) with the person	Whether the person belongs toPromoter/Promotergroup
VayuRameshGarware	Promoter
Mayuri Vayu Garware	Promotergroup
VayuRameshGarware	Promotergroup
Vayu Ramesh Garware	Promoter group
Garware Capital MarketsLimited	Promotergroup
Gurukrupa Comtrade Pvt. Ltd. (formerly GurukrupaInvestments &Trading Co. Pvt. Ltd.)	Promoter group
Manmit Investments & Trading Co. Pvt. Ltd	Promoter group
MoonshineInvestments &Trading Co. Pvt. Ltd	Promotergroup
SanandInvestments &Trading Co. Pvt. Ltd	Promotergroup
Starshine Comtrade Pvt. Ltd. (formerly StarshineInvestments &Trading Co. Pvt. Ltd.)	Promoter group
Sukukar Holdings & Trading Co. Pvt. Ltd.	Promoter group
GarwareResearch Institute	Promotergroup
Vimlabai Garware Research Institute Pvt. Ltd. (formerlyVimlabaiGarwareResearch Institute)	Promoter group
VRG Investments Limited	Promoter group
VMIR InvestmentLimited	Promotergroup

Note

1. In case of promoter(s) making disclosure under regulation 30(2), no additional disclosure under regulation 30(1) is required.

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

Vayu R. Garware

Place: Pune Date: April 6, 2021