India Nippon Electricals Ltd — Major Shareholding Notification 2020

Jun 2, 2020

Lucas Indian Service Limited

The Aftermarket Solutions Provider

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

Part A - details of Shareholding

1.	Name of the Target Company (TC)		M/s India Nippon Electricals Limited
$\overline{2}$ .	Name(s) of the stock exchange(s) where the shares of		National Stock Exchange of India Ltd, Mumbai;
	the TC are listed	BSE Ltd, Mumbai
3.	Particulars of the shareholder(s):
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 anyother instrument that would entitle the holder to receive
	shares in the TC) is more than 25% of the voting rights
	of the TC.
	Or
b.	Name(s) of promoter(s), member of the promoter group		a. Lucas Indian Service Ltd (Indian promoter)
	and PAC with him.		b. Mahle Electric Drives Japan Corporation
		(Foreign promoter)
			c. Mahle Holding (India) Private Limited(Group entity of the foreign promoter)
$\overline{4}$ .	Particulars of the shareholding of person(s) mentioned	Number of	% w.r.t. total	% of total
	at $(3)$ above*	Shares	share /voting	diluted
			capital wherever	share/voting
			applicable	capital of TC
				$(\star)$
	As of 31 st March 2020 of the year, holding of:
		1,50,18,332	66.39	NA
	a) Shares (face value Rs.5 per equity share)b) Voting Rights (otherwise than by shares)	NA.	NA	NA
	c) Warrants,	NA	NA	NA
	d) Convertible Securities	NA	NA.	NA
	e) Any other instrument that would entitle the holder	NA	NA	NA
	to receive shares in the TC.	1,50,18,332	66.39

Note: On 24th December 2019, Mahle Electric Drives Japan Corporation (one of the promoter entities of the target company) carried out an inter-se transfer of 30,00,000 equity shares in the target company viz., India Nippon Electricals Limited, to its group company Mahle Holding (India) Private Limited, under Regulation 10 (1) (a) (iii) of SEBI (Acquisition of Shares & Takeovers) Regulations. 2011. Hence, Mahle Holding (India) Private Limited became a part of the Promoter/Promoter Group of the Target Company, pursuant to the interse transfer and there is no change in overall shareholding of Promoter/ Promoter Group.

*Shareholding details of the respective promoter(s), member of the promoter group and PAC with him specified in Annexure A

$S.$ Ramesh

Signature of the Authorized Signatory: .............

Place: Chennai Date: 1st June 2020

Corporate Office: 28, Poomagal Main Road, Ekkattuthangal, Chennai - 600 032. Ph: 091-44-22255032 / 34 / 35, Fax: 091 - 44 - 22255031 CIN: U35999TN1930PLC005705 Email : lis@lismail.in Website : www.lucas-service.in PAN : AAACL1018J Registered Office: No.11, Pattulos Road, Chennai - 600 002. India.

Lucas Indian Service Limited

The Aftermarket Solutions Provider

Annexure A

ofName(s)promoter(s),οfthemember	Whetherthepersonbelongstopromoter/	Details of shareholdingtotal$\frac{0}{0}$of
promotergroupPACwithandhim.	promotergroup	Number of shares	$\frac{0}{0}$totalw.r.t./votingsharecapitalwhereverapplicable	dilutedshare/votingcapital of TC (*)
IndianLucasService Limited	Yes	1,03,77,332	45.874	NA
ElectricMahleDrivesJapanCorporation	Yes	16,41,000	7.254	NA
HoldingMahlePrivate(India)Limited	Yes	30,00,000	13.262	NA
Total		1,50,18,332	66.390	NA

Lucas Indian Service Limited

The Aftermarket Solutions Provider

Part B**

Name of the Target company: India Nippon Electricals Ltd

Name(s) of the person and personsacting in concert (PAC) with the person	Whether thepersonbelongs to promoter/promoter group	PAN of the person and PACs
Lucas Indian Service Limited	Yes
Mahle Electric Drives Japan Corporation	Yes
Mahle Holding (India) Private Limited	Yes

Note:

1. Note: 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 $(\star)$ outstanding convertible securities/ warrants into equity shares of the TC.
• $($ **) Part - B shall be disclosed to the Stock Exchanges but shall not be disseminated

S. Ramesh Signature of the Authorized Signatory: ....................................

Place: Chennai Date: 1st June 2020