GFL LIMITED — Major Shareholding Notification 2021

Sep 27, 2021

Date : April 1, 2021

Bomaby Stock Exchange Limited Phiroz Jeejeebhoy Towers, Dalal Street Mumbai 400 001 022- 22723121/2037/2039/2041/2061/3719

GFL Limited Survey No 16/3, 26 & 27, Village Ranjitnagar 389380 Taluka Ghoghamba District Panchmahals

National Stock Exchange of India Limited Exchange Plaza Bandra Kurla Complex Bandra (East) Mumbai 400 051 Fax 022-26598237/38

Sub: Declaration under Regulation 30(1) and 30(2) of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

Dear Sirs,

In term of Regulation 30(1) and 30(2) of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, we enclose herewith a declaration to be filed by us disclosing our shareholdings as a Promoter Group of GFL Limited.

We request you to take the same on record.

Thanking You,

Yours faithfully,

Vivek Kumar Jain

Encl As above

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

1.Name of the Target Company (TC)	GFLLimited
2.Name(s) of the Stock Exchange(s) where theshares of the TC are listed		Bombay Stock Exchange LimitedNational Stock Exchange of India Limited
3.Particulars of the shareholder(s):a.Name of person(s) together with PersonsActing in Concert (PAC) whose total holding(includingthatintheform ofshares,warrants, convertible securities and anyother instrument that would entitle theholdertoreceivesharesinthetargetcompany) is more than 25% of the votingrights of the TC.orb.Name(s) of promoter(s), member of thepromoter group and Persons Acting inConcert (PAC) with him.		Vivek Kumar Jain ((Promoter Group)
4.Particulars of the Shareholding of personsmentioned at (3) above	Number ofShares	% w.r.t .totalshare /votingcapitalwhereverapplicable	% of totaldilutedshare/votingcapital of TC(*)
As of March 31st of the year, holding of:a)Sharesb)Voting Rights (otherwise than by shares)c)Warrants,d)Convertible Securitiese)Any other instrument that would entitle theholder to receive shares in the TC.	201000000	0.020000	0.020000
Total	20100	0.02	0.02

(*) 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.

Note

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

Vivek Kumar Jain

Place: New Delhi Date: April 1, 2021

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

Part 'B'

Name of the Target Company: GFL LIMITED

Name(s)ofthePersonand	Whether the person belongs to	PAN of the Person and PACs
Persons Acting in Concert(PAC)	Promoter / Promoter Group
with the Person
VIVEK KUMARJAIN	YES

Signature: Vivek Kumar Jain

Place: New Delhi Date: April 1, 2021

Note :

• 1. In case of promoter(s) making disclosure under regulation 30(2), no additional disclosure under regulation 30(1) is required.
• (*) 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 Exchange but shall not be disseminated.

Date: April 11, 2020

GFL Limited

GFL Limited.

sd/-

GFL Limited

sd/-

Date: April 11, 2020

GFL LIMITED

Name(s) of the Person and Whether the person belongs toPersons Acting in Concert(PAC) Promoter / Promoter Groupwith the Person		PAN of the Person and PACs
VIVEK KUMAR JAIN	YES

sd/-

Date: April 11, 2020

Date: 27h September, 2021

To,BSE LimitedPhiroze Jeejeebhoy Towers,DalalStrebt,Mumbai - 400 001BSE Scrip Code: 500173

Dear Sirs,

Subject: lntimation under Regulation 10(5) of SEBI (Substantial Acquisition of Shares and Takeovers) Regutations, 201 1 (,,Takeover Regutations,,)

Target Company: GFL Limited

l, Vivek Kumar Jain, am holding equity shares of GFL Limited as a part of the promoter group of GFL Limited. I intend to acquire cumulatively,'19.18o/o equity shares of GFL Limited from Mrs. Nandita Jain and Mr. Devansh Jain, a part of promoter group of GFL Limited, by way of inter-se'transfer, which will amount to direct acquisition of equity shares of GFL Limited under Regulation 3 of the Takeover Regulations. The proposed acquisition is pursuant to inter-se transfer of shares amongst qualifying persons as specified in Regulation 1 0(1)(a)(i) and also Regulation 1 O(1)(a)(ii) of Takeover Regutations.

The Form as prescribed under Regulation 10(5) of the Takeovers Regulations as amended by SEBI Circular No. SEBI/HO/CFD/DCR1/CIR1PI2O16152 dated May 2,2016 sefting out the detaits of the proposed direct acquisition of shares of GFL Limited by way of inter-se transfer is enclosed herewith.

Kindly take the information on record.

Thanking you,

Yours faithfully,

\ri

Vivek Kumar Jain (Acquirer)

Format for Disclosures. under Regulation 1o(5) - tntimation to Stock Exchanges in respect of acquisition under Regulation 10(1)(a) of SEBI (substantiat Acquisition of Share-s and Takeovers) Regulations, 2011

,		Name of the Target Company (TC)	GFL Limited
2		Name of the acquirer(s)	VivekJain
3.		Whether the acquirer(s) is/arepromoters of theTC prior to the transaction. lf not, nature ofrelationship or association with the TC or itspromoters	Yes
4		Details of the proposed acquisition
	a.	Name of the person(s) from whom sharesare to be acquired	Mrs. Nandita Jain1)Mr. Devansh Jain2)
	b	Proposed date of the acquisition	On or afterOctober,2021
	c.	of shares to be acquired fromNumbereach person mentioned in 4(a) above	The Acquirer will directlyacquire 2j0,71,856equity shares of the TC.
	d.	Total sharesto be acquired as % of sharecapital of TC	19.'.t8%
	e.	Price at which shares are proposed to beacquired	Nit,'as transfer of equity shares of GFL Limited wlllbe by way of inter-se transfer, without monetaryconsideration through off market transaction.
	f	Rationale, if any, for the proposed transfer	pursuant to internallnter-se transfer ofsharesrestructuring of shareholding within promoter andpromoter group
5		Relevant sub-clause of regulation 1 0(1)(a) underwhich the acquirer is exempted from makingopen offer	10(1)(a)(i) and 10(1)(a)(ii)
6.	lf frequentlytraded, volume-weighted averagemarket price for a period of 60 trading dayspreceding the date of issuance of this notice astraded on the stock exchange where themaximum volume of trading in the shares of theTC are recorded during such period.		N.A.
7		lf in-frequently traded, the price as determined interms of clause (e) of sub-regulation (2) ofregulation 8.	N.A.
8.	Declaration by the acquirer, that the acquisitionprice would not be higher by more than 25olo ofthe price computed in point 6 or point 7 asapplicable		N.A.
9.		i. Declaration by the acquirerthat the transferorand transferee have complied (during 3 yearsprior to the date of proposed acquisition) / willcomply with applicable disclosure requirementsin Chapter V of the Takeover Regulations, 2011	I, VivekKumar Jain, hereby declare that thetransferor and transferee have complied and will

	lt	(correspondingprovisionsoftherepealedTakeover Regulations, 1997)Theaforesaiddisclosuresmadeduringprevious 3years prior tothe date of proposedacq uisition to be furn ished.	comply with applicable disclosurerequirements inChapter V of the Takeover Regulations.The aforesaid disclosures made during previous 3years prior to the date of proposed acquisition areannexed herewith as Annexure - A.
10		Declaration by the acquirer that all the conditionsspecified under Regulation 10(1)(a) with respectto exemptions has been duly complied	l, Mvek KumarJain, hereby declare that all theconditions specified under Regulation 10(1)(a) withrespect to exemptions has been duly compliedwith.
11		Shareholdi ng Details	Before the proposedAfter the proposedtransactiontransaction
			No. ofshares/voting rights	o/o w.f .ttotalsharecapitalofTC	No. ofshares/voting rights	% w.r.ttotalsharecapitalofTG
	a.	Acquirer and PACs (other than Seiler (s))
		Mvek Kumar Jain	1,50,26,479	13.68o/o	3,60,99,335	32.860/o
		Total	1:50,26,479	13.68%	3,60,98,335	32.860/o
		PACs [other than Selter (s)l
		Pavan Kumar Jain	1,02,09,677	9.30%	1,02,09,677	9.30%
		Siddharth Jain	1,48,07,953	13.48o/o	1,48,07,953	13.48o/o
		Devendra Kumar Jain	20,100	0.02o/o	20,100	0.02o/o
		Hem Kumari	10,000	0.01o/o	10,000	0.01%
		Kapoor Chand Jain	10,000	0.010/o	10,000	0.01o/o
		Nayantara Jain	93,62,056	8.53%	93,62,056	8.53o/o
		lnox Chemicals LLP	29,55,230	2.690/o	29,55,230	2.690/o
		Siddho MalTrading LLP	20,19,260	1.84o/o	20,19,260	1.84o/o
		Total	3,93,94,276	35.88%	3,93,94,276	35.88%
	b.	Seller(s)
		Nandita Jain	6s,22,420	5.94o/o
		Devansh Jain	1,45,49,436	13.25o/o
		Total	2,10,71,956	19.18o/o

3

	Total	7,54,92,611	68.72o/o	7,54,92,611	68.72%
\r;

Vivek Kumar Jain (Acquirer)

GFL Limited

The details regardang date and regulations under which disclosures were made during previous 3 years prior to the date of proposed acquisition pursuant to Chapter V of the Takeover Regulations, 2011 (corresponding provisions of the repealed Takeover Regulations, {997) are as under:

Sr. No.	Date	Regulation/s	Sub-Annexure
1	01.04.2019	30(1) & (2)	A1
2	11.04.2020	30(1) & (2)	A2
3	01.04.2021	30(1) & (2)	A3

612-618, Narain Manzil 6th Floor 23, Barakhamba Road New Delhi-110001 Phones: 23327860 23324796

Date: April 1, 2019

Bomaby Stock Exchange Limited Phiroz Jeejeebhoy Towers, Dalal Street Mumbai 400 001 022-22723121/2037/2039/2041/2061/3719

Gujarat Fluorochemicals Limited Survey No 16/3, 26 & 27, Village Ranjitnagar 389380 Taluka Ghoghamba District Panchmahals

National Stock Exchange of India Limited Exchange Plaza Bandra Kurla Complex Bandra (East) Mumbai 400 051 Fax 022-26598237/38

Sub: Declaration under Regulation 30(1) and 30(2) of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

Dear Sirs,

In term of Regulation 30(1) and 30(2) of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, we enclose herewith a declaration to be filed by us disclosing our shareholdings as a Promoter Group of Gujarat Fluorochemicals Limited.

We request you to take the same on record.

Thanking You,

Yours faithfully,

Vivek Kumar Jain

Encl As above

1. Name of the Target Company (TC)		Gujarat Fluorochemicals Limited
2. Name(s) of the Stock Exchange(s) where theshares of the TC are listed	Bombay Stock Exchange LimitedNational Stock Exchange of India Limited
3. Particulars of the shareholder(s):a. Name of person(s) together with PersonsActing in Concert (PAC) whose total holding(including that in the form of shares,warrants, convertible securities and anyother instrument that would entitle theholder to receive shares in the targetcompany) is more than 25% of the votingrights of the TC.orb. Name(s) of promoter(s), member of thepromoter group and Persons Acting inConcert (PAC) with him.		Vivek Kumar Jain ((Promoter Group)
Particulars of the Shareholding of persons4.mentioned at (3) above	Number ofShares	% w.r.t .totalshare/votingcapitalwhereverapplicable	% of totaldilutedshare/votingcapital of TC$(*)$
As of March 31 st of the year, holding of:Sharesa)Voting Rights (otherwise than by shares)b)Warrants,c)Convertible Securitiesd)Any other instrument that would entitle thee)holder to receive shares in the TC.	20100$\bf{0}$000	0.02000$\Omega$	0.02$\bf{0}$00$\Omega$
Total	20100	0.02	0.02

(*) 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.

Note

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

$\mathcal{I}_{k}$ 77

Vivek Kumar Jain

Place: New Delhi Date: April 1, 2019

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

Part 'B'

Name of the Target Company: GUJARAT FLUOROCHEMICALS LIMITED

Name(s) of the Person and Whether the person belongs toPersons Acting in Concert(PAC) Promoter / Promoter Groupwith the Person		PAN of the Person and PACs
VIVEK KUMAR JAIN	YES

$\sim$ Signature: Vivek Kumar Jain

Place: New Delhi Date: April 1, 2019

Note:

$\mathbf{L}$

• 1. In case of promoter(s) making disclosure under regulation 30(2), no additional disclosure under regulation 30(1) is required.
• (*) 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 Exchange but shall not be disseminated.