GRP Limited — Major Shareholding Notification 2021

Dec 17, 2021

NAYNA R. GANDHI

Pradip Niwas, Navroji Cross Lane, Ghatkopar (West) Mumbai - 400086.

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Date: 17^th December, 2021

To Bombay Stock Exchange Limited Phiroze Jeejeebhoy Towers, Dalal Street. Mumbai - 400 001.

To National Stock Exchange of India Limited Exchange Plaza, Bandra Kurla Complex Bandra (E), Mumbai - 400 051.

Target Company Scrip code: 509152

Target Company Symbol: GRPLTD - Series: EQ

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

Sir

Please find enclosed disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 duly filled in and signed.

The above disclosure is without prejudice to our contention that Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 is not applicable as the number of shares acquired/ disposed in this transaction is less than the prescribed limit of 2% of the paid up share capital of the Target Company.

Please take the same on your record.

Thanking you,

Narma R. Gandhi.

Nayna R. Gandhi

Encl.: As above

C.C.: Company Secretary, GRP Ltd. Plot No.8, GIDC Estate, Ankleshwar, Gujarat - 393002.

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

Name of the Target Company (TC)	GRP Limited
Name(s) of the acquirer and Persons Acting in Concert (PAC) with the
acquirer	Nayna R. Gandhi
Whether the acquirer belongs to Promoter/Promoter group	Promoter Group BSE Limited and National Stock Exchange of India Ltd.
Name(s) of the Stock Exchange(s) where the shares of TC are Listed
Details of the acquisition / disposal as follows	Number	% w.r.t. total share/voting capital wherever applicable(*)	% w.r.t.total share/voting capital wherever applicable(*)
Before the acquisition under consideration, holding of :
a) Shares carrying voting rights	44405	3.33%	3.33%
b) Shares in the nature of encumbrance (pledge/ lien/ non-disposal undertaking/ others)
c) Voting rights (VR) otherwise than by shares
d) Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the T C (specify holding in each category)
e) Total (a+b+c+d)	44405	3.33%	3.33%
Details of acquisition/sale
a) Shares carrying voting rights	1000	0.08%	0.08%
b) Shares in the nature of encumbrance (pledge/ lien/ non-disposal
undertaking/ others)
c) Voting rights (VR) otherwise than by shares
d) Warrants/convertible securities/any other instrument that entitles the
acquirer to receive shares carrying voting rights in the T C (specify
holding in each category)	1000	0.08%	0.08%
e) Total (a+b+c+d)
After the acquisition/sale, holding of:
a) Shares carrying voting rights	45405	3.41%	3.41%
b) Shares in the nature of encumbrance (pledge/lien/non-disposal
undertaking/ others)
c) Voting rights (VR) otherwise than by shares d) Warrants/convertible securities/any other instrument that entitles the
acquirer to receive shares carrying voting rights in the T C (specify
holding in each category)
e) Total (a+b+c+d)	44405	3.41%	3.41%
Mode of acquisition / sale (e.g. open market / off-market / public issue / rights issue / preferential allotment / inter-se transfer etc).		Off-market Gift without consideration
Date of acquisition / sale of shares / VR or date of receipt of intimation		16th December 2021
of allotment of shares, whichever is applicable
acquisition / sale		13333330 13333330
acquisition / sale
Total diluted share/voting capital of the TC after the said acquisition		13333330

(*) Total share capital/ voting capital to be taken as per the latest filing done by the company to the Stock Exchange.

(**) 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.

Janna R. Gandhi

Nayna R. Gandhi Acquirer Place: Mumbai Date: 17.12.2021