Hester Biosciences Ltd — Major Shareholding Notification 2020

Apr 3, 2020

From RAJIV GANDHI B-3, 399 Apartment, Bodakdev, Ahmedabad 380 054

Date: 3 April 2020

To, BSE 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 Symbol: HESTERBIO

Scrip Code: 524669 Dear Sir / Madam:

Subject: Disclosure under Regulations 30 (1) & 30 (2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

Pursuant to Regulation 30(1) & 30 (2) of the SEBI (Substantial Acquisition of shares and Takeovers) Regulations, 2011, on behalf of the promoters of the Hester Biosciences Limited as defined in Regulation 2 (i) (s) of the said Regulations and hereby inform that as on 31 March 2020, my holding together with other promoters and promoters group was 45,70,944 Equity Shares of the Hester Biosciences Limited i.e. 53.73% of the total Paid-up Equity Capital.

Kindly find enclosed Disclosure under Regulations 30(1) & 30(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, in the prescribed format as in annexure.

Sincerely,

(Rajiv Gandhi)

Enclosure: As above

CC TO:

To The Company Secretary & Compliance Officer Hester Biosciences Limited 1st Floor, Pushpak, Panchavati Circle, Motilal Hirabhai Road, Ahmedabad – 380 006

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)	HESTER BIOSCIENCES LIMITED
2.Name(s) of the Stock Exchange(s) wherethe shares of the TC are listed	BSE Limited;National Stock Exchange of IndiaLimited
3.Particulars of the shareholder(s):a.Nameofperson(s)togetherwithPersonsActinginConcert(PAC)whose total holding (including that intheformofshares,warrants,convertible securities and any otherinstrument that would entitletheholder to receive shares in the targetcompany) is more than 25% of thevoting rights of the TC.Orb.Name(s) of promoter(s), member ofthepromotergroupandPersonsActing in Concert (PAC) with him.	Not ApplicableAs per Annexure - 1(attached herewith)
4.ParticularsoftheShareholdingofpersons mentioned at (3) above	Number ofShares	% w. r. t.totalshare /votingcapitalwhereverapplicable	% of totaldilutedshare/votingcapital ofTC (*)
As of 31 March 2020 , holding of:
a.Sharesb.VotingRights(otherwisethanbyshares)c.Warrants,d.Convertible Securitiese.Anyotherinstrumentthatwouldentitle the holder to receive shares inthe TC.	45,70,944----	53.73----	53.73----
Total	45,70,944	53.73	53.73

_______________

(Rajiv Gandhi)

Place: Ahmedabad Date: 3 April 2020

Part-B**

Name of the Target Company: HESTER BIOSCIENCES LIMITED

Name(s) of the acquirer andPersons Acting in Concert (PAC)with the acquirer	Whether theacquirer belongsto Promoter/Promoter group
Mr. Rajiv Dinesh Gandhi	Yes
Ms. Nina Rajiv Gandhi	Yes
Mr. Sanjiv Dinesh Gandhi	Yes
Mr. Ravin Gandhi	Yes
Ms. Bela Gandhi	Yes
Dr. Bhupendra Vittaldas Gandhi	Yes
Bhupendra Vittaldas Gandhi HUF	Yes
Ms. Madhuri Kapadia	Yes
Ms. Shaila Bhupendra Gandhi	Yes
Mr. Anup Chandravadan Kapadia	Yes
Ms. Hetal Sanjiv Gandhi	Yes
Mr. Yash Rajiv Gandhi	Yes
Biolink Healthcare Limited	Yes
Hester Diagnostics Private Limited	Yes
Hester Coatings LLP	Yes

___________

(Rajiv Gandhi)

Place: Ahmedabad Date: 3 April 2020

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 Exchanges but shall not be disseminated.

ANNEXURE - 1

Name of Promoters	No. of Shares held	% of holding
Mr. Rajiv Dinesh Gandhi	8,85,397	10.41
Ms. Nina Rajiv Gandhi	6,96,340	8.19
Mr. Sanjiv Dinesh Gandhi	6,92,820	8.14
Mr. Ravin Gandhi	4,03,320	4.74
Ms. Bela Gandhi	4,00,635	4.71
Dr. Bhupendra Vithaldas Gandhi	3,99,100	4.69
Bhupendra Vithaldas Gandhi HUF	3,11,600	3.66
Biolink Healthcare Limited	2,48,838	2.93
Ms. Madhuri Kapadia	2,01,354	2.37
Ms. Shaila Bhupendra Gandhi	1,89,700	2.23
Hester Coatings LLP	64,000	0.75
Mr. Anup Chandravadan Kapadia	27,000	0.32
Hester Diagnostics Private Limited	24,000	0.28
Ms. Hetal Sanjiv Gandhi	19,590	0.23
Mr. Yash Rajiv Gandhi	7,250	0.08
Total	45,70,944	53.73

SHAREHOLDING OF PROMOTERS AND PROMOTERS GROUP AS ON 31 MARCH 2020

___________

(Rajiv Gandhi)

Place: Ahmedabad Date: 3 April 2020