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To, The Listing Department BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001.

Ref: Open Offer for acquisition up to 13,000 (Thirteen Thousand)) Fully Paid-Up Equity Shares of Face Value of Rs. 100/- (Rupees One Hundred Only) Each (“Equity Share”), representing the 26% (Twenty Six Percent) of the Voting Share Capital (“Offer Shares”) of The Indian Link Chain Manufacturers Limited (the “Target Company”), pursuant to and in compliance with the requirements of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 and subsequent amendments thereto (“SEBI (SAST) Regulations, 2011”).

Sub: Submission Copy of Detailed Public Statement

Dear Sir,

In relation to the captioned offer, we, Fedex Securities Private Limited, Manager to the Open Offer, herewith enclosed the copy of Detailed Public Statement, published on December 09, 2022 in Financial Express Newspaper (English - All editions), Jansatta Newspaper (Hindi -All editions), Financial Express Newspaper (Gujarat- Ahmedabad Edition), Navakal (Regional- Mumbai edition).

Kindly acknowledge and take the same on your records.

Thanking You,

Yours faithfully,

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Yash Kadakia Director Fedex Securities Private Limited [SEBI Registration Code – INM000010163] Date: December 09, 2022 Place: Mumbai

3.10 The contingent liabilities for the three financial years are as stated below:

* Not annualized

2(1)(j) of the SEBI (SAST) Regulations on BSE Limited. The Offer Price of Rs 720/- (Rupees Seven Hundred & Twenty Only) per fully paid-up Equity Share has been determined as per provision of Regulation 8(1) read with Regulation 8(2) of the SEBI (SAST) Regulations, taking into account the following parameters: Sr.No Particular Amount A. Negotiated Price per Equity Share under the Share Purchase Agreement attracting the Rs. 720/- per obligation to make a Public Announcement of an open offer; Equity Share. B. The volume-weighted average price paid or payable for acquisitions by the Acquirer during Not Applicable the fifty-two weeks immediately preceding the date of the Public Announcement. C. The highest price paid or payable for any acquisition by the Acquirer during the twenty-six Not Applicable weeks immediately preceding the date of the Public Announcement. D. The volume-weighted average market price of Equity Shares for a period of sixty (60) trading Not Applicable days immediately preceding the date of the Public Announcement as traded on BSE, being Stock Exchange where the Equity Shares of the Target are listed. E. Since the Equity Shares are not frequently traded, the price determined by the Acquirer and Rs. 662/- per the Manager to the Open Offer taking into account valuation parameters including book Equity Share. value, comparable trading multiples and such other parameters as are customary for valuation of shares of such companies.

DETAILED PUBLIC STATEMENT IN TERMS OF REGULATIONS 3(1) AND 4 READ WITH REGULATIONS 13(4), 14(3), 15(2) AND OTHER APPLICABLE REGULATIONS OF THE SECURITIES AND EXCHANGE BOARD OF INDIA (SUBSTANTIAL ACQUISITION OF SHARES AND TAKEOVERS) REGULATIONS, 2011, TO THE PUBLIC SHAREHOLDERS OF THE INDIAN LINK CHAIN MANUFACTURERS LIMITED nd

Year Liability Description

2021-22 There are no outstanding disputed/undisputed tax liability except the custom liability which may arise in future. The company had initially received a demand order from Customs Authorities in FY 11-12 to the tune of Rs. 75,49,799/- (already provided in books to the extent of Rs. 36,41,450/-) against which the company had filed an appeal. The Commissioner (Appeals) via order dated 24.03.2021 set aside the demand raised and remanded the matter back to the original adjudicating authority for re-assessment.

Registered Office: 59, Sonawala Building, 2 Floor, Mumbai Samachar Marg Fort, Mumbai-400023, Maharashtra, India; Tel: 022-22661013; Email: [email protected]; Website: www.inlinch.com

2020-21 There are no outstanding disputed/undisputed tax liability except the custom liability which may arise in future. The company had initially received a demand order from Customs Authorities in FY 11-12 to the tune of Rs. 75,49,799/- (already provided in books to the extent of Rs. 36,41,450/-) against which the company had filed an appeal. The Commissioner (Appeals) via order dated 24.03.2021 set aside the demand raised and remanded the matter back to the original adjudicating authority for re-assessment.

OPEN OFFER FOR ACQUISITION OF UP TO 13,000 (THIRTEEN THOUSAND) FULLY PAID-UP EQUITY SHARES OF FACE VALUE OF RS. 100/- ("RUPEES ONE HUNDRED ONLY") EACH ("EQUITY SHARES"), REPRESENTING 26% (TWENTY-SIX PERCENT) OF THE VOTING SHARE CAPITAL (AS DEFINED BELOW) OF THE INDIAN LINK CHAIN MANUFACTURERS LIMITED ("TARGET COMPANY") AT AN OFFER PRICE OF RS. 720/- (RUPEES SEVEN HUNDRED & TWENTY ONLY) PER EQUITY SHARE, FROM THE PUBLIC SHAREHOLDERS (AS DEFINED BELOW) OF THE TARGET COMPANY BY VISHAL THAKKAR ("ACQUIRER"), PURSUANT TO AND IN COMPLIANCE WITH THE REQUIREMENTS OF THE SECURITIES AND EXCHANGE BOARD OF INDIA (SUBSTANTIAL ACQUISITION OF SHARES AND TAKEOVERS) REGULATIONS, 2011 AND SUBSEQUENT AMENDMENTS THERETO ("SEBI (SAST) REGULATIONS") ("OFFER" OR "OPEN OFFER"). NO OTHER PERSON IS ACTING IN CONCERT WITH THE ACQUIRER FOR THE PURPOSE OF THIS OPEN OFFER.

2019-20 During the earlier years the company had initially received Show Cause Notice demanding duty of Rs. 1,45,65,801/- which in view of the department escaped assessment on import of sulphur for the chemical division in the year 2004-2005 to 2005-2006. Representations were made disputing the charge of the duty. During the previous year order had been received from Custom Authorities raising Demand of Rs. 75,49,799/-. The company has filed appeal against the same. However, as a matter of prudence the directors decided to continue the provision of Rs. 36,41,450/- made in the previous year. Balance of Rs. 39,08,349/- (Previous Year Rs. 39,08,349/-) is shown as Contingent Liabilities.

This Detailed Public Statement ("DPS") is being issued by Fedex Securities Private Limited, the Manager to the Open Offer ("Manager" or "Manager to the Offer") , for and on behalf of the Acquirer, in compliance with Regulations 3(1) and 4 and read with Regulations 13(4), 14(3) and 15(2) and other applicable regulations of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 and subsequent amendments thereto ("SEBI (SAST) Regulations"), pursuant to the Public Announcement dated December 03, 2022 ("PA") in relation to this Offer, which was filed on December 03, 2022 with Securities and Exchange Board of India ("SEBI") , BSE Limited ("BSE") . The copy of the Public Announcement was sent to the SEBI and to the Target Company on December 05, 2022, in terms of Regulation 14(1) and 14(2) of the SEBI (SAST) Regulations.

*As per valuation report dated December 03, 2022 as certified by Navigant Corporate Advisors Limited. In view of the above parameters considered and presented in the table in Paragraph 4 above, the Offer Price is higher than the highest of the amounts specified above. Therefore, in terms of Regulation 8(2) of SEBI (SAST) Regulations, the Offer Price (i.e., Rs. 720/- per Equity Share) is justified. There has been no revision in the Offer Price since the date of the PA till the date of this DPS. The offer price may be subject to upward revision if any, pursuant to the SEBI (SAST) Regulations or at discretion of Acquirer at any time prior to one (1) working days before the date of commencement of the tendering period of this offer in accordance of Regulation 18(4) of the SEBI (SAST) Regulations. In such event of such revision, the Acquirer shall make corresponding increases to the Escrow amounts. In the event of such revision, the Acquirer would notify (i) make a public announcement in the same newspaper in which the DPS has been published; and (ii) simultaneously with the issue of such Public Announcement, inform BSE, SEBI and the Target Company at its registered office of such revision.

DETAILS OF THE OFFER 5.

4. 4.1

This Open Offer is being made by the Acquirer under Regulations 3(1) and 4 and other applicable provisions of the SEBI (SAST) Regulations pursuant to the proposed acquisition of shares and voting rights by the Acquirer in the Target Company, in accordance with the terms of the SPA. Please see Part II below (Background to the Offer). 6.

This offer is being made by the Acquirer to all the Public Shareholders of the Target Company for the acquisition of up to 13,000 (Thirteen Thousand) fully paid-up equity shares of face value of Rs. 100/- (Rupees One Hundred Only) each representing the entire public shareholding constituting 26% of the Voting Share Capital (“Offer Shares”) at a price of Rs. 720/- (Rupees Seven Hundred and Twenty Only) per Equity Share (“Offer Price”) , which has been calculated in accordance with Regulation 8 and other applicable provisions of the SEBI (SAST) Regulations, 2011, aggregating to a total consideration of Rs. 93,60,000/- (Rupees Ninety-Three Lakhs Sixty Thousand Only), assuming full acceptance of the Offer (“Maximum Open Offer Consideration”) , subject to the terms and conditions mentioned herein.

4.2 4.3 4.4 4.5 4.6 4.7

For the purposes of this DPS, the following terms would have the meaning assigned to them herein below: "Equity Shares" - shall mean the fully paid-up equity shares of the Target Company of face value of Rs. 100/- (Rupees One Hundred Only) each.

"Identified Date" shall mean the date falling on the 10th (Tenth) Working Day prior to the commencement of the Tendering Period (as defined below), for the purpose of determining the Public Shareholders to whom the letter of offer in relation to this Offer (the "Letter of Offer" or "LOF" ) shall be sent.

Since the date of the PA, there has been no corporate actions in the Target Company warranting adjustment of any of the relevant price parameters under Regulation 8 of the SEBI (SAST) Regulations. The Offer Price may be adjusted in the event of any corporate actions like bonus, rights issue, stock split, consolidation, dividend, demergers, and reduction etc. where the record date for effecting such corporate actions falls between the date of this DPS up to 3 (three) working days prior to the commencement of the tendering period of the Offer, in accordance with Regulation 8(9) of the SEBI (SAST) Regulations.

Upon consummation of the transaction contemplated in the SPA, the Acquirer will acquire control over the Target 7. Company and will become the promoter of the Target Company upon compliance with the SEBI LODR Regulations. The Acquirer intend to seek a reconstitution of the Board of Directors of the Target Company in compliance with Regulation 24(1) of the SEBI (SAST) Regulations and SEBI LODR Regulations

"Public Shareholders" shall mean all the equity shareholders of the Target Company excluding: (i) the promoters and members of the promoter group of the Target Company; (ii) the Acquirer and any persons deemed to be acting in concert with the Acquirer pursuant to and in compliance with the SEBI (SAST) Regulations.

All the Equity Shares validly tendered by the Public Shareholders of the Target Company in this Open Offer will be acquired by the Acquirer in accordance with the terms and conditions set forth in the PA, this DPS, and those which will 8. be set out in the letter of offer to be sent to all Public Shareholders in relation to this Offer (“Letter of Offer” or “LOF”). All the Equity Shares validly tendered by the Public Shareholders in this Open Offer, shall be acquired by the Acquirer in accordance with the terms and conditions set forth in this DPS and those which will be set out in the letter of Offer to be sent to all Public Shareholders in relation to this Offer.

"Paid-up Share Capital" shall mean Rs. 50,00,000/- (Rupees Fifty Lakhs Only) divided into 50,000 (Fifty Thousand) Equity Shares of Rs. 100/- (Rupees One Hundred Only) each.

If the Acquirer acquires or agrees to acquire any Equity Shares or voting rights in the Target Company during the offer period, whether by subscription or purchase, at a price higher than the Offer Price, then the Offer Price will be revised upwards to be equal to or more than the highest price paid for such acquisition in terms of Regulation 8(8) of the SEBI (SAST) Regulations. However, Acquirer shall not be acquiring any Equity Shares of the Target Company after the third working day prior to the commencement of the tendering period and until the expiry of the tendering period. As on the date of this DPS, there is no revision in the Offer Price or Offer Size. An upward revision to the Offer Price or to the Offer Size, if any, on account of competing offers or otherwise, may also be done at any time prior to the commencement of 1 (one) working day before the commencement of the tendering period of this Offer in accordance with Regulation 18(4) of the SEBI. Such revision would be done in compliance with other formalities prescribed under the SEBI (SAST) Regulations. In the event of such revision, the Acquirer shall: (i) make corresponding increase to the escrow amount (ii) make public announcement in the same newspapers in which this DPS has been published; and (iii) simultaneously notify the Stock Exchange, the SEBI and the Target Company at its registered office of such revision. If the Acquirer acquires Equity Shares of the Target Company during the period of twenty-six weeks after the tendering period at a price higher than the Offer Price, then the Acquirer shall pay the difference between the highest acquisition price and the Offer Price, to all the Shareholders whose shares have been accepted in Offer within sixty days from the date of such acquisition. However, no such difference shall be paid in the event that such acquisition is made under an open offer as per the SEBI (SAST) Regulations or pursuant to SEBI (Delisting of Equity Shares) Regulations, 2021, or open market purchases made in the ordinary course on the stock exchange, not being negotiated acquisition of shares of the Target Company whether by way of bulk / block deals or in any other form.

"Voting Share Capital" shall mean the total voting equity share capital of the Target Company carrying voting rights expected as on the 10th working day from the closure of the tendering period under this Offer.

"Sale Shares" shall mean collectively 27,488 Equity Shares owned and held by the Selling Shareholders (as defined below), representing 54.98% of the Voting Share Capital of the Target Company.

The Offer Price is payable in cash in accordance with Regulation 9(1)(a) of the SEBI (SAST) Regulations. 9. As on the date of this DPS, there are no partly paid-up Equity Shares and no outstanding convertible instruments (such as depository receipts, fully convertible debentures or warrants) issued by the Target Company which are convertible into Equity Shares of the Target Company.

"SPA" shall mean the Share Purchase Agreement entered on December 03, 2022, by the Acquirer to acquire 27,488 fully paid-up Equity Shares ("Sale Shares") of face value of Rs. 100/- (Rupees One Hundred Only) each representing 54.98% of the Voting Share Capital of Target Company at a price of Rs. 720/- (Rupees Seven Hundred and Twenty Only) per Equity Share aggregating to Rs. 1,97,91,360/- (Rupees One Crore Ninety-Seven Lakhs Ninety-One Thousand Three Hundred and Sixty Only) along with control over the Target Company.

This Offer is not conditional on any minimum level of acceptance by the equity shareholders of the Target Company in terms of Regulation 19(1) of the SEBI (SAST) Regulations.

"Selling Shareholders" or "Sellers" as has been defined in paragraph 2.1.2 of Part I (Details of Selling Shareholders) of this Detailed Public Statement below.

As on the date of this DPS, this Offer is not a competing offer under Regulation 20 of the SEBI (SAST) Regulations.

"Stock Exchange" means BSE Limited.

4.10 As on the date of this DPS, to the best of the knowledge of the Acquirer, there are no statutory approvals required to 10. acquire the Offer Shares that are validly tendered pursuant to the Open Offer and/or to complete the acquisition of Equity Shares under the SPAs (as defined below), save and except as set out in Part VI (Statutory and Other Approvals) of this DPS. However, in case any statutory or other approval becomes applicable prior to the completion of the Open Offer, the Open Offer would also be subject to such statutory or other approval(s) being obtained.

"Tendering Period" means the period of 10 (ten) Working Days during which the Public Shareholders may tender their Equity Shares in acceptance of the Offer, which shall be disclosed in the LoF (as defined below)

"Underlying Transaction" as has been defined in paragraph 4 of Part II (Background to the Open Offer) of this Detailed Public Statement below; and

"Working Day" means any working day of SEBI. I. ACQUIRER, SELLERS, TARGET COMPANY AND THE OFFER 1. INFORMATION ABOUT THE ACQUIRER - VISHAL THAKKAR 1.1 Mr. Vishal Thakkar, s/o Shri Pravin Thakkar aged about 43 years, is an Indian resident and residing at Near Hindu Sabha Hospital, Sanitorium Lane, Room No.4, Tulsidas Kunverji Sanatorium Trust, Ghatkopar West - 400086, Maharashtra, India. He is a under graduate. 1.2 As on the date of this DPS, Acquirer does not hold any Equity Shares directly or indirectly of the Target Company and has not acquired any Equity shares of the Target Company during the 12 (Twelve) months period prior to the date of Public Announcement. 1.3 As on the date of this DPS, Acquirer is not holding any position(s) on the Board of Director of the Target Company. 1.4 As on the date of this DPS, the Acquirer does not belong to any group. 1.5 Ankit Parekh, Chartered Accountant (Membership No. 114622) of Ankit Parekh & Associates, Chartered Accountants bearing UDIN 22114622BFAHNA4217 has certified vide his certificate dated December 03, 2022 that the net worth of Acquirer as on December 03, 2022 is Rs. 95,81,785 (Rupees Ninety Five Lakhs Eighty One Thousand Seven Hundred Eighty Five Only) and further the letter dated December 03, 2022 also confirms that he has sufficient liquid funds to fulfill his parts of obligation under this offer.

4.11 Where any statutory or other approval extends to some but not all of the Public Shareholders, the Acquirer shall have the option to make payment to such Public Shareholders in respect of whom no statutory or other approvals are required in order to complete this Open Offer. V. 4.12 In terms of Regulation 23(1) of the SEBI (SAST) Regulations, the Acquirer shall have the right to withdraw the Open 1. Offer: (a) in the event that any of the statutory approvals specified in this DPS as set out in Part VI (Statutory and Other Approvals) below or those which become applicable prior to completion of the Open Offer are finally refused; or (b) if any of the conditions under the SPA Conditions (as described in detail in Part II below) (Background to the offer) (“SPA Conditions”) are not satisfied, for reasons outside the reasonable control of the Acquirer. In the event of such a 2. withdrawal of the Open Offer, the Acquirer (through the Manager) shall, within 2 (Two) Working Days of such withdrawal, make an announcement of such withdrawal stating the grounds for the withdrawal in accordance with 3. Regulation 23(2) of the SEBI (SAST) Regulations.

FINANCIAL ARRANGEMENTS

Assuming full acceptance of Offer, the total funds required for implementation of the Open Offer for the acquisition of up to 13,000 (Thirteen Thousand) fully paid-up Equity Shares at the Offer Price of Rs. 720/- (Rupees Seven Hundred and Twenty Only) per Equity Share is Rs. 93,60,000/- (Rupees Ninety-Three Lakhs Sixty Thousand Only) (“Maximum Open Offer Consideration”) .

In terms of Regulation 25(1), the Acquirer have confirmed that they have adequate and financial firm arrangements to fulfilling the payment obligations under the open offer and that the Acquirer are able to the implement the open Offer. Acquirer has adequate financial resources and has made firm financial arrangement to fulfil the payment obligations in the Offer in accordance with SEBI (SAST) Regulations. Ankit Parekh, Chartered Accountant (Membership No. 114622) of Ankit Parekh & Associates, Chartered Accountants has certified vide his certificate dated December 03, 2022 that Acquirer have sufficient financial resources for fulfilling their obligations in the Offer. In accordance with Regulations 17, the Acquirer, the Manager to the Offer have entered into an Escrow Agreement with and ICICI Bank (“Escrow Agent”) , a banking corporation incorporated under the laws of India, having one of its branch office at Churchgate, Mumbai, India entered into an Escrow Agreemnt dated December 03,2022 for the purpose of the Offer (“Escrow Agreement”) . Pursuant to the Escrow Agreement and in compliance with the Regulation 17(1) of the SEBI (SAST) Regulations, the Acquirer has deposited Rs. 94,00,000/- (Ninety-Four Lakhs Only), which is 100% of the consideration of the value of the total consideration payable under the Offer (assuming full acceptance) in cash into an Escrow Account bearing name and style as “Vishal Thakkar Escrow Account” . The Manager to the Offer is duly authorised by the Acquirer to operate and realize monies lying to the credit of the Escrow Account, in terms of the SEBI (SAST) Regulations. Based on the aforesaid financial arrangements made by the Acquirer and on the confirmations received from the Independent Chartered Accountant for Acquirer, the Manager to the Offer is satisfied, (i) about the adequacy of resources to meet the financial requirements of the Open Offer and the ability of the Acquirer to implement the Open Offer in accordance with the SEBI (SAST) Regulations, and (ii) that firm arrangements for the funds and money for payment through verifiable means are in place to fulfill the Open Offer obligations. In case of any upward revision in the Offer Price or the size of the Open Offer, the corresponding increase to the escrow amounts as mentioned above shall be made by the Acquirer in terms of Regulation 17(2) of the SEBI (SAST) Regulations, prior to effecting such revision.

4.13 The Offer Shares will be acquired by the Acquirer as fully paid-up, free from all liens, charges and encumbrances and the Equity Shares shall be acquired together with the all rights attached thereto, including the rights to all dividends, bonus and rights offer hereinafter declared, made or paid and the tendering Public Shareholder shall have obtained all 4. necessary consents for it to sell the Equity Shares on the foregoing basis.

4.14 Currently, the Acquirer does not have any intention to dispose of or otherwise encumber any material assets or investments of the Target Company or any of its subsidiaries, by way of sale, lease, encumbrance, reconstruction, restructuring or otherwise for a period of 2 (Two) years from the closure of this Open Offer except: (a) in the ordinary course of business; and (b) on account of regulatory approvals or conditions or compliance with any law that is binding on or applicable to the operations of the Target Company or its subsidiaries. If the Acquirer intend to alienate any material asset of the Target Company, within a period of 2 years from completion of the Open Offer, the Target Company shall seek the approval of its shareholders as per the proviso to Regulation 25(2) of SEBI (SAST) Regulations before undertaking any such alienation.

1.6 As on the date of this DPS, he has not been prohibited by SEBI from dealing in securities pursuant to the terms of any directions issued under Section 11B of the SEBI Act as amended or under any other regulations made under the SEBI Act.

1.7 As on the date of this DPS, he has not been categorized as a 'wilful defaulters' in terms of Regulation (1) (ze) of the SEBI (SAST) Regulations, 2011.

1.8 As on the date of this DPS, he has not been declared as a Fugitive Economic Offender under Section 12 of the Fugitive Economic Offenders Act, 2018 (17 of 2018) as per Regulation 2(1) (ja) of SEBI (SAST) Regulations, 2011.

1.9 The Acquirer undertakes that he will not sell any Equity Shares of the Target Company during the Offer period in terms of Regulation 25(4) of SEBI (SAST) Regulations.

4.15 Upon completion of the Offer, assuming full acceptance in the Offer, the Acquirer will hold 40,448 (Forty Thousand Four Hundred and Forty-Eight) Equity Shares representing 80.98% of the Voting Share Capital of the Target Company as on the tenth working day after the closure of the Tendering Period. As per Regulation 38 of SEBI (LODR) Regulations, 2015 read with Rules 19(2) and 19A of the Securities Contracts (Regulation) Rules 1957 (SCRR), the Acquirer is required to maintain at least 25 percent public shareholding as determined in accordance with SCRR, on a continuous 6. basis for listing. Pursuant to the completion of this Offer, the Public Shareholding in the Target Company may fall below the minimum level required as per Rule 19A of the SCRR. Acquirer hereby undertakes to reduce their shareholding to the level stipulated in the SCRR and within the time specified therein and through permitted routes available under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, including any other such routes as may 1. be approved by SEBI from time to time.

2. DETAILS OF SELLING SHAREHOLDERS:

2.1.1 The Acquirer has entered into the SPA with the Selling Shareholders, on December 03, 2022, for the acquisition of

27,488 fully paid-up Equity Shares ("Sale Shares") of Rs. 100/- (Rupees One Hundred Only) each representing 54.98% of the Voting Share Capital of Target Company at a price of Rs. 720/- (Rupees Seven Hundred and Twenty Only) per Equity Share aggregating Rs. 1,97,91,360/- (Rupees One Crore Ninety-Seven Lakhs Ninety-One Thousand Three Hundred and Sixty Only) subject to the terms and conditions as mentioned in the SPA.

STATUTORY AND OTHER APPROVALS

VI.

2.1.2 The details of the Selling Shareholders are as stated hereunder:

To the best knowledge of the Acquirer, there are no statutory approvals required by the Acquirer to complete the acquisition of the equity shares under the SPAs and the Open Offer. However, in case any further statutory or other approval becomes applicable prior to completion of the Open Offer, the Open Offer would also be subject to such other statutory or other approval(s) being obtained.

Sr. No.	Name of Selling Shareholder	Address	Nature of Entity	Part of Promoter/ ~~Promoter~~	Details of Shares/ Voting Rights held by the Selling Shareholder	Details of Shares/ Voting Rights held by the Selling Shareholder	Details of Shares/ Voting Rights held by the Selling Shareholder	Details of Shares/ Voting Rights held by the Selling Shareholder
				Group (Yes/No)	Pre- Transaction	%	Post Transaction	%
1.	Hariprasad Nevatia	B-1504 Ashok Gardens, Tokersi Jivraj Road, Sewree, Mumbai 400015.	Individual	Yes	12,882	25.76	Nil	Nil
2.	Vandana Nevatia	B-1204 Ashok Gardens, Tokersi Jivraj Road, Sewri Mumbai 400015	Individual	Yes	6,438	12.88	Nil	Nil
3.	Kusum Nevatia	B-1504 Ashok Gardens, Tokersi Jivraj Road, Sewree, Mumbai 400015.	Individual	Yes	6,412	12.82	Nil	Nil
4.	Sudha Nevatia	B-1504 Ashok Gardens, Tokersi Jivraj Road, Sewree,Mumbai 400015.	Individual	Yes	696	1.39	Nil	Nil
5.	Mridula Nevatia	B-1204 Ashok Gardens, Tokersi Jivraj Road, Sewri Mumbai 400015	Individual	Yes	640	1.28	Nil	Nil
6.	Harsh Nevatia	B-1504 Ashok Gardens, Tokersi Jivraj Road, Sewree,Mumbai 400015.	Individual	Yes	390	0.76	Nil	Nil
7.	Sudhir Nevatia	B-1204 Ashok Gardens, Tokersi Jivraj Road, Sewri Mumbai 400015	Individual	Yes	30	0.06	Nil	Nil
Total					27,488	54.98	Nil	Nil

4.16 The Manager to the Open Offer does not hold any Equity Shares in the Target Company as on the date of this DPS. The Manager to the Open Offer further declares and undertakes not to deal on their own account in the Equity Shares during the Open Offer period.

NRIs, OCBs and other non-resident holders of the Equity Shares, if any, must obtain all requisite approvals/exemptions required, if any, to tender the Equity Shares held by them in this Offer, and submit copies of such approvals/exemptions along with the documents required to accept this Offer. If the aforementioned documents are not submitted, the Acquirer reserves the right to reject such Equity Shares tendered in this Offer. If the Public Shareholders who are not persons resident in India (including NRIs, OCBs, FIIs and FPIs) had required any approvals (including from the RBI or any other regulatory authority/ body) at the time of the original investment in respect of the Equity Shares held by them currently, they will be required to submit copies of such previous approvals that they would have obtained for acquiring/holding the Equity Shares, along with the other documents required to be tendered to accept this Offer. If the aforementioned documents are not submitted, the Acquirer reserves the right to reject such Equity Shares tendered in this Offer.

BACKGROUND TO THE OFFER

This Open Offer is a Mandatory Offer under regulation 3(1) and 4 of the SEBI (SAST) Regulation, pursuant to the execution of the SPAs to acquire in excess of 25% of the Voting Share Capital of the Target Company and control over the Target Company.

On December 03, 2022 the Acquirer entered into a SPA with the Selling Shareholders to acquire 27,488 equity shares, constituting 54.98% of the Voting Share Capital of Target Company. The Acquirer has agreed to acquire the Equity Shares under the SPA at Rs. 720/- (Rupees Seven Hundred and Twenty Only) per Equity Share aggregating to Rs. 1,97,91,360/- (Rupees One Crore Ninety-Seven Lakhs Ninety-One Thousand Three Hundred and Sixty Only) along with control over the Target Company. The completion of the transactions under the SPA is subject to the satisfaction of certain conditions under the SPA as stated below. 3.

Where any statutory or other approval extends to some but not all of the Public Shareholders, the Acquirer shall have the option to make payment to such Public Shareholders in respect of whom no statutory or other approvals are required in order to complete this Open Offer.

Pursuant to the Open offer and the consummation of the Underlying Transaction, the Acquirer will become promoter of the Target Company and the Sellers will cease to the promoters and relinquish the control and management of the Target Company in favour of the Acquirer, in accordance with and in compliance with Regulation 31A of the Securities 4. and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI (LODR) Regulations, 2015”). Accordingly, upon completion of open offer formalities, the Sellers shall be reclassified as “public shareholder” pursuant to Regulation 31A of the SEBI(LODR) Regulations, 2015

In case of delay/non-receipt of any statutory approval which may be required by the Acquirer at a later date, as per Regulation 18(11) of the SEBI (SAST) Regulations, SEBI may, if satisfied, that the non-receipt of the requisite statutory approval(s) was not attributable to any wilful default, failure or neglect on the part of the Acquirer and/or the PACs to diligently pursue such approval(s), grant an extension of time for the purpose of completion of this Open Offer, subject to such terms and conditions as may be specified by SEBI, including payment of interest by the Acquirer to the Public Shareholders at such rate, as may be prescribed by SEBI from time to time, in accordance with Regulations 18(11) and 18(11A) of the SEBI (SAST) Regulations.

The SPA also set forth the terms and condition on which the Sellers has agreed to sell, and the Acquirer has agreed to purchase the Sale shares and the respective rights and obligations of the Seller and the Acquirer in this respect.

Salient features of the Share Purchase Agreement between the Acquirer and the Promoter Selling Shareholder: 5.

In terms of Regulation 23(1) of the SEBI (SAST) Regulations, the Acquirer shall have the right to withdraw the Open Offer: (a) in the event that any of the statutory approvals specified in this DPS as set out in Part VI (Statutory and Other Approvals) below or those which become applicable prior to completion of the Open Offer are finally refused; or (b) if any of the conditions under the Terms of Agreement (as defined below) as set out in paragraphs 4.12 of Part I (Details of the offer) below are not satisfied, for reasons outside the reasonable control of the Acquirer. In the event of such a withdrawal of the Open Offer, the Acquirer (through the Manager) shall, within 2 (Two) working days of such withdrawal, make an announcement of such withdrawal stating the grounds for the withdrawal in accordance with Regulation 23(2) of the SEBI (SAST) Regulations and will also be filed with SEBI, BSE Limited and the registered office of the Target Company.

a) Upon completion of the Offer:

(i) the Sellers shall hand over all corporate records and books, fixed deposit receipts, all passwords, keys and other things to enable the Acquirer to have complete access to all books and records and properties of the Target Company along with all original documents available with them pertaining to the Target Company and/ or the Business. The Seller nominees on the Board shall resign as directors on the Board at the earliest in compliance with the applicable SEBI Regulations;

2.1.3 As on the date of DPS, the Sellers as mentioned above have not been prohibited by SEBI from dealing in securities, in terms of directions issued under Section 11B of the SEBI Act, 1992, as amended (“SEBI Act”) or under any other Regulations, made under the SEBI Act

(ii) The Sellers shall submit an application addressed to the Target Company requesting that their names be removed as promoters of the Target Company; and

As on the date of this DPS, no approval will be required from any bank /financial institutions for purpose of this Offer, to the best of the Knowledge of the Acquirer.

(iii) Immediately upon completion of the transfer of Sale Shares to the Acquirer, the Sellers shall in compliance with 6. the applicable SEBI Regulations procure convening of a meeting of the Board, at which meeting the Board shall (a) take a note of the transfer of the Sale Shares and start the process for the re-classification of 7. “promoters” such that the Sellers are not disclosed as ‘promoters’ (b) appoint nominees of the Acquirer as additional directors on the Board; (c) Take note of the resignation of the Seller nominees as directors on the Board; (d) adopt such resolutions as they may deem fit including for change of authorized signatory to the Bank VII. Account and FDR Accounts of the Target Company, and/or the transfer of the FDR to any bank account in the name of the Target Company designated by the Acquirer.
2.1.4 As on the date of DPS, the Sellers are not a part of any group.

2.1.5 There is no lien, encumbrance or lock-in on the shares held by the Sellers and shares will be transferred free from all encumbrances, and lock-in requirements.

The Acquirer shall complete all procedures relating to payment of consideration under this Open Offer within 10 Working Days from the date of closure of the Tendering Period of the Open Offer to those Public Shareholders whose Equity Shares are accepted in the Open Offer.

2.1.6 The Sellers are the promoters of the Target Company. Pursuant to the Open offer and the consummation of the Underlying Transaction, the Acquirer will become the promoter of the Target Company and the Seller will cease to the promoters and relinquish the control and management of the Target Company in favour of the Acquirer, in accordance with and in compliance with Regulation 31A of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI (LODR) Regulations, 2015”). Accordingly, upon completion of open offer formalities, the Sellers shall be reclassified as “public shareholder” pursuant to Regulation 31A of the SEBI(LODR) Regulations, 2015. 2.1.7 The Sellers have confirmed they have not been categorized as a “Willful Defaulter” in terms of Regulation (1) (ze) of the SEBI (SAST) Regulations, 2011. They further confirm that they are not appearing in the willful defaulter’s list of the Reserve Bank of India.

TENTATIVE SCHEDULE OF ACTIVITIES

Activity	Date*	Day*
Date of Public Announcement	December 03,2022	Saturday
Date of publishing of Detailed Public Statement Last date of filing Draft Letter of Offer with SEBI Last date for public announcement for competing offer(s) Last date for receipt of comments from SEBI on the Draft Letter of Offer Identified Date# Date by which Letter of Offer to be dispatched to the Shareholders Last date by which the committee of Independent Directors of the Target Company shall give its recommendations Last date for upward revision of the Offer Price and/or the Offer Size Advertisement of schedule of activities for Open Offer, status of statutory and other approvals in newspapers and sending to SEBI, Stock Exchanges and Target Company at its registered office Date of Commencement of Tendering Period (Offer Opening Date) Date of Expiration of Tendering Period (Offer Closing Date) Last date of communicating of rejection / acceptance and payment of consideration for accepted tenders / return of unaccepted shares Issue ofpost offer advertisement	December 09, 2022 December 16, 2022 December 30, 2022 January 06, 2023 January 10, 2023 January 17, 2023 January 23, 2023 January 24, 2023 February 07, 2023 February28, 2023 January 19, 2023 January 23, 2023 February 21, 2023	Friday Friday Friday Friday Tuesday Tuesday Monday Tuesday Tuesday Tuesday Thursday Monday Tuesday
Last date for filing of final report with SEBI	February 28, 2023	Tuesday

b) Standstill provisions: Pending completion of the transactions contemplated in the SPA, the Sellers have agreed to certain standstill obligations including the following: the Sellers shall ensure that the Target Company shall (i) conduct its business only in the ordinary course of business (ii) shall not declare any dividends; or (iii) shall not alter the dividend policy of the Company; or (iv) shall not alter or change the legal structure or capital structure of the Company, save and except as contemplated by this transaction or (v) shall not use the money in the bank account, including amount credited on maturity of the fixed deposits except as provided in point (vi) of this clause or (vi) shall not incur any expenses in excess of Rs. 5,00,000/- (Rupees Five Lakhs Only) per month other than statutory payments including but not limited to listing fees, professional fees, income tax or other statutory payments.

2.1.8 As on the date of this DPS, the Sellers have not been categorized as a Fugitive Economic Offender under Section 12 of Fugitive Economic Offenders Act, 2018 (17 of 2018) as per Regulation 2(1) (ja) of SEBI (SAST) Regulations, 2011. 3. INFORMATION ABOUT THE TARGET COMPANY – THE INDIAN LINK CHAIN MANUFACTURERS LIMITED:**

** As per Certificate of Incorporation dated October 31, 1956.

c) Indemnities and Warranties: The Selling Shareholders have provided customary indemnities and warranties to the Acquirer under the SPA.

3.1 The Target Company is a public limited company incorporated under the provisions of the Companies Act, 1956 on October 31, 1956.

SHAREHOLDING AND ACQUISITION DETAILS

III. 1. nd Floor, Mumbai Samachar Marg

3.2 There has been no change in the name of the Target Company in the last three years. 3.3 The Registered Office of the Target Company is situated at 59, Sonawala Building, 2nd Floor, Mumbai Samachar Marg Fort, Mumbai-400023, Maharashtra, India. Tel. No. 022-22661013 / 22665519. The CIN of the Target Company is L28920MH1956PLC009882.

The present and proposed shareholding of the Acquirer in the Target Company and the details of their acquisition are as follows:

Post offer shareholding (as on 10th working day after closing Particular Shareholding as on PA date Shares Acquired between of Tendering Period) Assuming PA date and this DPS date full acceptance under the Open offer and acquisition of sale shares^^ No. of Shares %^ No. of Shares %^ No. of Shares %^ Acquirer NIL NIL NIL NIL 40,488 80.98% ^Calculated on the Voting Share Capital. ^^Upon consummation of the Underlying Transaction, the Acquirer will be holding 54.98% of Voting Share Capital of the Target Company. The proposed acquisition by the Acquirer is with an intention to acquire Voting Share Capital and control the Target Company. Acquirer shall become the promoter of the Target Company in accordance with the provisions of Regulation 31A of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI (LODR) Regulations”) and the Selling Shareholders shall cease to be the 1. promoters and shall be re-classified in accordance with the provisions of Regulation 31A of the SEBI (LODR) Regulations. 2.

3.4 As on the date of this DPS, the authorised share capital of the Target company is Rs. 1,00,00,000/- (Rupees One Crore Only) consisting of 1,00,000 (One Lakh) Equity Shares of Rs. 100/- (Rupees One Hundred Only) each. The issued, subscribed and fully paid-up share Capital of the Target company is Rs. 50,00,000/- (Rupees Fifty Lakhs Only) consisting of 50,000 (Fifty Thousand) Equity Shares of Face Value Rs. 100/- (Rupees One Hundred Only) each. 3.5 The Equity Shares of the Target Company are listed on BSE Ltd (Security ID: INLCM; Scrip Code: 504746). The ISIN of the Equity Shares of the Target Company is INE359D01016. The Equity Shares of the Target Company have not been delisted from any Stock Exchange in India.

*The above timelines are indicative, prepared on the basis of timelines provided under the SEBI (SAST)Regulations are subject to receipt of statutory/ regulatory approvals and may have to be revised accordingly. Shareholders are requested to refer to the letter of offer for the revised timeline, if any. #Identified Date is only for the purpose of determining the names of the shareholders as on such date to whom the Letter of Offer shall be sent. All owners (registered or unregistered) of Equity Shares of the Target Company (except the Acquirer and Parties to SPA) are eligible to participate in the Offer any time before the closure of the Offer.

3.6 The Equity Shares of the Target Company are in-frequently traded within the meaning of Regulation 2(1)(j) of the SEBI (SAST) Regulations on BSE Limited. 3.7 As on date of this DPS, the trading in Equity Shares of the Target Company is not suspended at BSE Limited. The trading in Equity Shares of Target Company is under “P/T+1” Category. 3.8 As on the date of this DPS, there are no: (a) partly paid-up Equity Shares; and/or (b) outstanding convertible securities which are convertible into Equity Shares (such as depository receipts, fully convertible debentures or warrants), issued by the Target Company.

VIII. PROCEDURE FOR TENDERING THE SHARES IN CASE OF NON-RECEIPT OF LETTER OF OFFER (LOF) 1. All the Public Shareholders, holding Equity Shares whether in dematerialised form or physical form, registered or unregistered, are eligible to participate in this Open Offer at any time during the period from 2. Persons who have acquired Equity Shares but whose names do not appear in the register of members of the Target Company on the Identified Date i.e., the date falling on the 10 Working Day prior to the commencement of Tendering Period, or unregistered owners or those who have acquired Equity Shares after the Identified Date, or those who have not received the Letter of Offer, may also participate in this Open Offer. Accidental omission to send the Letter of Offer to any person to whom the Offer is made or the non-receipt or delayed receipt of the Letter of Offer by any such person will not invalidate the Offer in any way.

3.9 Key financial information of the Target Company based on its audited financial statements as on and for the financial years ended March 31, 2020, March 31, 2021 and March 31, 2022 and unaudited financial information for the 6 months ended September 30, 2022 (limited reviewed by Statutory Auditors of Target Company) is as below

In terms of regulation 38 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR Regulations”) read with Rule 19(2) and 19A of the Securities Contract (Regulation) Rules, 1957, (the “SCRR”), as amended from time to time, the Target Company is required to maintain at least 25% public shareholding on a continuous basis for listing. As a result of the acquisition of Equity Shares in this Open Offer, pursuant to the SPAs and/or during the Offer period, the public shareholding in the Target Company falls below the minimum level required as per Rule 19A of the SCRR, the Acquirer will ensure that the Target Company satisfies the minimum public 3. shareholding set out in Rule 19A of the SCRR in compliance with applicable laws. OFFER PRICE The Equity Shares of the Target Company are listed & traded on BSE only (Security ID: INLCM; Scrip Code: 504746) and is traded under “P/T+1” Group. The trading turnover in the Equity Shares of the Target Company on BSE Ltd based on trading volume during twelve 4. calendar months preceding the month of PA (December 01, 2021 to November 30, 2022) is given below: Total number of equity Name of the shares traded during Total Number of Trading Turnover (interms of % to Total Stock Exchange twelve calendar months Listed Equity Shares 5. preceding the month of PA Listed Equity Shares) BSE Ltd 780 50,000 1.56 6. Source: www.bseindia.com. Based on above, the Equity Shares of the Target Company are infrequently traded within the meaning of Regulation

(Rs. in Lakhs, except for earnings per share) #Total Income includes revenues from operations and other income. $ Networth=Equity Capital+ Reserves and Surplus (excluding revaluation reserves) (Source: Certificate dated December 03, 2022 bearing UDIN: 22148916BEUSOX9069) issued by CA Kunal Vakharia (Membership Number: 148916), Partner at Kanu Doshi Associated LLP, Chartered Accountants (Firm Registration Number: 104746W/W100096)) Particular For the period ended September 30, 2022 For the year ended March 31, 2022 For the year ended March 31, 2021 For the year ended March 31, 2020 (Unaudited Limited Review) (Audited) (Audited) (Audited)* Total Income# 7.06 22.91 51.71 114.23 Profit/(loss)after tax (27.94) (46.17) (38.78) (35.72) Earnings per Share (“EPS”) (Basic & Diluted) Net worth / Shareholders 330.88 358.83 405.00 443.78 (55.88) (92.34) (77.56) (71.44) Funds$		IV. 1. 2. 3.

The Public Shareholders who tender their Equity Shares in this Offer shall ensure that the Equity Shares are fully paid up and are free from all liens, charges and encumbrances. The Acquirer shall acquire the Equity Shares that are validly tendered and accepted in this Offer, together with all rights attached thereto, including the rights to dividends, bonuses and rights offers declared thereof in accordance with the applicable law and the terms set out in the PA, this DPS and the Letter of Offer The Public Shareholders may also download the Letter of Offer from the SEBI's website (www.sebi.gov.in) or obtain a copy of the same from the Registrar to the Offer (detailed at Part IX (Other Information) of this DPS) on providing suitable documentary evidence of holding of the Equity Shares and their folio number, DP identity-client identity, current address and contact details. In the event that the number of Equity Shares validly tendered by the Public Shareholders under this Offer is more than the number of Equity Shares agreed to be acquired in this Offer, the Acquirer shall accept those Equity Shares validly tendered by such Public Shareholders on a proportionate basis in consultation with the Manager to the Offer. The Acquirer has appointed Choice Equity Broking Private Limited (“Buying Broker”) for the Offer through whom the purchase and settlement of the Equity Shares tendered in the Offer shall be made. The contact details of the Buying Broker are as mentioned below: Cont...

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Name of the Contact Person	Jeetender Joshi
Address	Choice House,Sunil Patodia Tower,J B Nagar,Andheri East,Mumbai – 400099
Tel No Fax number Email id Investor Grievance Email id Website SEBI Registration No.	022- 67079832. 022- 67079999. [email protected] [email protected] www.choiceindia.com INZ000160131

BSE Limited shall be the Designated Stock Exchange for the purpose of tendering Offer Shares in the Open Offer.

Public Shareholders who desire to tender their Equity Shares under the Open Offer would have to intimate their respective stock brokers (“Selling Broker”) within the normal trading hours of the secondary market, during the Tendering Period.
Shareholders who wish to bid /offer their physical shares in the Offer are requested to send their original documents as mentioned in the Letter of Offer to the Registrar to the Offer so as to reach them within 2 days from Offer Closing Date. It is advisable to first email scanned copies of the original documents mentioned in the Letter of Offer to the Registrar to the Offer and then send physical copies to the address of the Registrar to the Offer as provided in the LOF.
In the event the Selling Broker of a shareholder is not registered with BSE then that shareholder can approach the Buying Broker and tender the shares through the Buying Broker, after submitting the details as may be required by the Buying Broker in compliance with the SEBI regulations.
The Selling Broker would be required to place an order/bid on behalf of Public Shareholders who wish to tender their Equity shares in the Open Offer using the BSE Acquisition Window. Before placing the bid, the Public Shareholders/Selling broker would be required to transfer the tendered Equity Shares to the special account of clearing Corporation of India Limited (“Clearing Corporation”) by using the settlement number and the procedures prescribed by the Clearing Corporation
The Cumulative quantity tendered shall be displayed on the BSE website through the trading session at specific intervals by the tendering period.
The process for tendering the shares by the public shareholders holding equity shares and the manner in which the shares tendered in the Open Offer which shall be available on SEBI website (www.sebi.gov.in ).
As per the provisions of Regulation 40(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended and SEBI's press release dated December 3, 2018, bearing reference no. PR 49/2018, requests for transfer of securities shall not be processed unless the securities are held in dematerialised form with a depository with effect from April 01, 2019. However, in accordance with the circular issued by SEBI bearing reference number SEBI/HO/CFD/ CMD1/CIR/P/2020/144 dated July 31, 2020, shareholders holding securities in physical form are allowed to tender shares in an open offer. Such tendering shall be as per the provisions of the SEBI (SAST) Regulations. Accordingly, Public Shareholders holding Equity Shares in physical form as well are eligible to tender their Equity Shares in this Open Offer as per the provisions of the SEBI (SAST) Regulations.
In accordance with the Frequently Asked Questions issued by SEBI, "FAQs" -Tendering of Physical Shares in Buy Back Offer/Open Offer/Exit Offer/Delisting" dated 20th February, 2020. SEBI Circular No. SEBI/HO/CFD/CMD1/CIRP/2020/144 dated 31st July, 2020 and BSE Notice No. 20200528-32 dated 28th May, 2020, shareholders holding securities in physical forms are allowed to tender shares in open offer. However, such tendering shall be as per provisions of SEBI (SAST) Regulations, 2011.
There shall be no discrimination in the acceptance of locked-in and non-locked-in equity shares in the Offer. The Equity Shares to be acquired under the Offer must be free from all liens, charges and encumbrances and will be acquired together with all rights attached thereto.
The open offer will be implemented by the Acquirer through a stock exchange mechanism made available by Stock Exchange in the form of a separate window (“Acquisition Window”) as provided under SEBI circular CIR/CFD/POLICY/CELL/1/2015 dated April 13, 2015 as amended by SEBI circular CFD/DCR2/CIR/P/2016/131 dated December 9, 2016 and SEBI/HO/CFD//DCRIII/CIR/P/2021/615 dated August 13, 2021.
Equity Shares should not be submitted/ tendered to the Manager, the Acquirer or the Target Company.
The detailed procedure for tendering the Offer Shares in this Open Offer will be available in the Letter of Offer, which shall also be made available on the website of SEBI - www.sebi.gov.in.
The LOF specifying the detailed terms and conditions of this Offer along with the form of acceptance-cum-acknowledgement (“Form of Acceptance”) will be mailed to all the Public Shareholders whose name appear in the register of members of the Target Company at the close on the Identified date.

IX. OTHER INFORMATION

The Acquirer accepts full responsibility for the information contained in the public announcement and this DPS (other than such information which has been obtained from the public sources or provided or relating to and confirmed by the Target Company), and undertake that he is aware and shall comply with and fulfill his obligations under the SEBI (SAST) Regulations.
The information pertaining to the Target Company contained in the PA or DPS or Letter of Offer or any other advertisement/publications made in connection with the Open Offer has been compiled from information published or publicly available sources or provided by the Target Company. The Acquirer does not accept any responsibility with respect to any information provided in the PA or this DPS or the Letter of Offer pertaining to the Target Company.
Pursuant to regulation 12(1) of the SEBI (SAST) Regulations, the Acquirer has appointed, Fedex Securities Private Limited, as the Manager to the Offer.
In this DPS, all references to “INR” / “Rs.” / “`” are references to Indian Rupees and any discrepancy in any amounts as a result of multiplication or totaling is due to rounding off.
This DPS and the PA is also available on SEBI’s website at www.sebi.gov.in.

Registrar to the Offer

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LINK INTIME INDIA PRIVATE LIMITED

C101, 247 Park, LBS Road, Vikhroli West, Mumbai- 400083, Maharashtra, India. Tel No.: +91 810 811 4949 Email id: [email protected] Website: www.linkintime.co.in Investor Grievance id: [email protected] Contact Person: Sumeet Deshpande SEBI Registration No.: INR000004058

Place: Mumbai Date: December 08, 2022.

Issued by the Manager to the Offer FEDEX SECURITIES PRIVATE LIMITED B7, Jay Chambers, Dayaldas Road, Vile Parle East, Mumbai – 400057 Tel. No.: +91-81049 85249 Email: [email protected] Website: www.fedsec.in Contact Person: Saipan Sanghvi SEBI Registration Number: INM000010163 On behalf of the Acquirer Sd/Vishal Thakkar

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| [email protected] | www.navakal.in | /navakalofficial
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^oJm nS>boë¶m nm¶m§gmR>r Zmo{dQ>m hoëWHo$AaMr H«$s‘  B§Xÿa Amho. Zmo{dQ>m hoëWHo$Aa AË¶§V Amho. hr H«$s‘ XaamoO XoVo. ¶m H«$s‘gmo~V 12 à^mdr VgoM ñdñV Am¡fYm§gmR>r dmnaë¶m‘wio nm¶ Am{U ê$n¶m§Mm {bn ~m‘ ‘mo’$V XoemVrb Zm‘d§V Zmo{dQ>m à{gÕ Amho. ‘mJrb 25 Vido Ë¶m§À¶mda nS>boë¶m XoV Amho. Zmo{dQ>m hoëWHo$Aa hoëWHo$Aa H§$nZr OJmVrb 10 dfmªnmgyZ nm¶mÀ¶m Q>mMm§da ^oJm ^aÊ¶mg ‘XV {‘iVo. H§$nZrMo 85 Am¡fYr ‘hÎdmÀ¶m hoëWHo$Aa joÌmVrb nS>boë¶m ^oJm§gmR>r H«$s‘ V¶ma hr H«$s‘ dmnaë¶m‘wio nm¶ AmoQ>rgr CËnmXZo CnbãY ‘hÎdmMr H§$nZr Amho. gÜ¶m Ho$br OmV Amho. ¶m H«$s‘bm Am¶wî¶^a ‘D$ Am{U AmhoV. Or Xoe^amVrb ¶m H§$nZrMo H$m¶©H$mb ‘§~w B©‘Ü¶o ZmJ[aH$m§Zr CÎm‘ à{VgmX {Xbm bd{MH$ ~ZVmV. ¶m Mma XebjmhÿZ A{YH$ H«$s‘‘Ü¶o Am¶wd}{XH$ Am¡fYo {H$aH$moi {dH«o$Ë¶m§‘m’©$V {^d§S>r {ZOm‘nya eha ‘hmZJanm{bH$m, {^d§S>r dmnabobr Amho. Am¶wd}{XH$ {d{dY àH$maÀ¶m Am¡fYo Viì¶m§Zm nmofU Am¡fYr {dVarV Ho$br {dÚwV {d^mJ XoVmV, Amobmdm XoVmV, OmVo.¶m H§$nZrH$S>o 250 ZdrZ noer V¶ma H$aÊ¶mg hÿZ A{YH$ à{e{jV ‘XV H$aVmV. Q>mModa ì¶mdgm{¶H$m§Mr {dH«$s g§K nS>boë¶m OI‘m bdH$a Amho, Oo {dH«o$Ë¶m§Zm godm àW‘ B© {Z{dXm gwMZm H«$‘m§H$ 21 gZ 2022-23 ~ao hmoÊ¶mg ‘XV H$aVmV. XoÊ¶mgmR>r Mmodrg Vmg {^d§S>r {ZOm‘nya eha ‘hmZJanm{bH$m hÔr‘Ü¶o ZmJar X{bV dñVr H§$nZr hr H«$s‘ 51 ê$n¶m§Zm H$m‘ H$aVmV. A§VJ©V 1) ‘Znm dm°S>© H«$. 3 ‘Yrb AnZm ZJa S§>pån§J J«mC§S>g‘moa hm¶‘mñQ>Mr ì¶dñWm H$aUo. 2) ‘Znm dm°S>© H«$. 3 ‘Yrb n§Merb ZJa g‘moa bmB©Q>Mr ì¶dñWm H$aUoH$m‘r {Z{dXm ‘hmZJanm{bHo$Mo g§Ho$VñWimda AmodmogtÀ¶m C‘oXdmamMo {S>nm°{PQ> Oá {XZm§H$ 09/12/2022 Vo 23/12/2022 n¶ªV CnbãY AmhoV. Var Jm§YrZJa- JwOamVÀ¶m {dYmZg^m {ZdS>UwH$s‘Ü¶o ^mOnZo Am°ZbmB©Z {Z{dXm g§Ho$VñWimda (mahatenders.gov.in) {XZm§H$ aoH$m°S>©~«oH$ H$m‘{Jar Ho$br Amho. Amnbr {dO¶r KmoS>Xm¡S> 23/12/2022 n¶ªV 3.00 dmOon¶ªV ‘mJ{dUoV ¶oV AmhoV. H$m¶‘ R>odbr Amho. JwOamV {dYmZg^m {ZdS>UwH$sV ghr/- ^mOn, H$m±J«og, Amn ¶m VrZ njm§‘Ü¶o {Va§Jr bT>V (gw{Zb KwJo) hmoVr. ¶§XmÀ¶m {dYmZg^m {ZdS>UwH$sV Amodogr ¶m§À¶m eha A{^¶§Vm EAm¶E‘Am¶E‘ njmZo 13 C‘oXdma C^o Ho$bo hmoVo. Ë¶m Om.H«$./O.g§.{d./1638 {^d§S>r {ZOm‘nya eha ‘hmZJanm{bH$m, {^d§S>r gdmªMo {S>nm°{PQ> Oá Pmbo Amho.

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Yours faithfully,

FINANCIAL ARRANGEMENTS

STATUTORY AND OTHER APPROVALS

BACKGROUND TO THE OFFER

TENTATIVE SCHEDULE OF ACTIVITIES

SHAREHOLDING AND ACQUISITION DETAILS

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IX. OTHER INFORMATION

LINK INTIME INDIA PRIVATE LIMITED

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Yours faithfully,

FINANCIAL ARRANGEMENTS

STATUTORY AND OTHER APPROVALS

BACKGROUND TO THE OFFER

TENTATIVE SCHEDULE OF ACTIVITIES

SHAREHOLDING AND ACQUISITION DETAILS

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IX. OTHER INFORMATION

LINK INTIME INDIA PRIVATE LIMITED

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