GTL Infrastructure Limited — Major Shareholding Notification 2018

Aug 28, 2018

Date: August 1, 2018

By Hand Delivery and Fax

The Secretary,	The Secretary,
BSE Limited
	National Stock Exchange of India Ltd.
Phiroze Jeejeebhoy Towers,	Exchange Plaza, 5th Floor,
Dalal Street,	Plot No. C/1, G Block,
Mumbai 400 001	Bandra Kurla Complex,
Fax No.: 2272 2037/2272 3719	Bandra (East), Mumbai 400 051
	Fax No.: 2659 8237/38
(BSE Code: 532775 NSE Symbol: GTLINFRA ISIN: INE221H01019)

Dear Sir.

$\bullet$

Sub: Restoration of pledged shares of GTL Infrastructure Limited

We refer to our disclosures vide letter dated June 29, 2018 and July 13, 2018 filed with you exchanges in the captioned matter and subsequent emails and discussions with BSE Limited's officials.

Accordingly, we enclose herewith revised disclosure pursuant to Regulation 31 of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 in prescribed format

We request you to take the same on your record.

Thanking you,

Yours Truly. For Global Holding Corporation Private Limited

Welense

Authorized Signatory

cc: The Company Secretary, GTL Infrastructure Limited, Navi Mumbai

Format for disclosure by the Promoter (s) to the Stock Exchanges and to the Target Company for encumbrance of shares / invocation of encumbrance/ release of encumbrance. in terms of Begulation 31 (1) and 31 (2) of SEBI (Substantial Acquistrion of Shares and Takeovers) Requistions 2011

					{creation (2)+(3)] / release$[(2)$ -(3)] / invocation $[(2)$ -Post event holding ofencumbered shares同	capitalshareTotalio %	3.42	2.60	3.42
						Number	420, 144, 016	320,144,016	420,144,016
						encumbered***in whosethe entityName ofsharesfavor	Syndicate Bank	Syndicate Bank	Encumbrance in favourof Lenders as per Noteო
						sharecapitaI% ofletot	0.82	0.82	0.82
			Global Holding Corporation Private Limited			Number	100,000,000	100,000,000	100,000,000
GTL Infrastructure Limited	National Stock Exchange of India LimitedBSE Limited	June 29, 2018			Details of events pertaining to encumbranceම	encumbrances**Reasons for	Note 1	Note 2	GHC's obligation undervarious financingdocuments	100,000,000 pledged shares of erstwhile Chennai Network Infrastructure Limited (CNIL), which got merged into GTL Infrastructure Limited. Suchwrongful invocation of the said pledged shares were challenged by GHC before the Hordel. The Horde Debt Thibunal Drive Order directed for said profers the said pledged shares of erstwhile CNIL to the
						encumbrancenon disposal(pledge/lien/undertaking/others)Type of	Pledge	Pledge	Others
						encumbraninvocationrelease ofcreationDate of8	May 11,2018	May 19,2018	යMay 19.2018
						l invocatioCreation/releaseType ofeventີ	Reversal ofInvocation	Release	Creation	FOLFIT
									capitashareh oftotal	2.60	3.42	بمتعرجا2.60	医心的复数
	Names of the Stock Exchanges where the shares of the target company are listed													already encumberedPromoter holdingØ	Number	320,144,016	420,144,016	320, 144, 016	OFILIAN
			Name of the promoter or PAC on whose shares encumbrance has been created/released/invoked	Details of the creation of encumbrance:			capitashare% oftotal	2.60	3.42	2.60
							Promoter holding in thetarget company$\widehat{\epsilon}$	Number	320,144,016	420,144,016	320,144,016	Note 1- The lender of Global Holding Corporation Pvt. Ltd.(GHC) had wrongfully invoked the 1Signature of the Authorized SignatoryDate: June 29, 2018Hyande
Name of the Target company (TC)		Date of reporting				Name of the	Promoter (s) orPACs withhim *	Corporation PrivateGlobal HoldingLimited	Corporation PrivateGlobal HoldingLimited	Corporation PrivateGlobal HoldingLimited	Place: Mumbai

Note 2 - Subsequently, upon settlement of dues of the said lenders and pursuant to order of the Hon'ble Debt Recovery Tribunal dated May 19, 2018, the said pledge was released.

Note 3 - The shares held by GHC continues to be encumbered in favor IDSI espices Limited of GM of Compation and the Samida (Union Bank of India, being lead bank of consortium) and EuropeanTrust