Indo Count Industries Ltd — Major Shareholding Notification 2021

Jan 25, 2021

Format for disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and

Takeovers) Regulations, 2011

Shares and Takeovers) Regulations, 2011	Shares and Takeovers) Regulations, 2011
Name of the Target Company (TC)		INDO COUNT INDUSTRIES LIMITED
Name(s) of the acquirer and Persons Acting in Concert (PAC) with the acquirer		ELM PARK FUND LIMITED
Whether the acquirer belongs to Promoter/Promoter group		No
Name(s) of the Stock Exchange(s) where the shares of TC are Listed		BSE Limited (BSE) and National Stock Exchange of India Ltd ( NSE)
Details of the	~~acquisition~~ / disposal as follows	Number	% w.r.t. total share/voting capital wherever applicable(*)	% w.r.t. total diluted share/voting capital of the TC (**)
Before the~~acquisition~~ /sale under consideration, holding of: a) Shares carrying voting rights b) Shares in the nature of encumbrance (pledge/ lien/ non-disposal undertaking/ others) c) Voting rights (VR) otherwise than by equity shares d) Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) e) Total (a+b+c+d)		9,962,621 9,962,621	5.0469% 5.0469%	5.0469% 5.0469%
Details of~~acquisition~~ ~~/~~sale: a) Shares carrying voting rights~~acquired~~ /sold b) VRs~~acquired~~ ~~/~~sold otherwise than by equity shares c) Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in eachcategory)~~acquired~~ /sold d) Shares encumbered/ invoked/ released by the acquirer e) Total (a+b+c+/-d)		140,000	0.0709%	0.0709%

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9,822,621 4.9760% 4.9760%
After the acquisition /sale, holding of:
a) Shares carrying voting rights
b) Shares encumbered with the acquirer
c) VRs otherwise than by shares
d) Warrants/ convertible securities/ any other instrument
that entitles the acquirer to receive shares carrying voting
rights in the TC (specify holding in each category) after
acquisition
e) Total (a+b+c+d) 9,822,621 4.9760% 4.9760%
Mode of acquisition / sale (e.g. open market / off market / public
Open Market – Sale
issue / rights issue / preferential allotment /
inter-se transfer/encumbrance, etc.)
Date of acquisition / sale of shares / VR or date of receipt of
January 21, 2021
intimation of allotment of whichever is applicable
Equity share capital / total voting capital of the TC before
197,399,670 equity shares of FV Rs.2/- each
the said acquisition / sale
Equity share capital/ total voting capital of the TC after the
197,399,670 equity shares of FV Rs.2/- each
said acquisition / sale
Total diluted share/voting capital of the TC after the said
197,399,670 equity shares of FV Rs.2/- each
acquisition / sale
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(*) Total share capital/ voting capital to be taken as per the latest filing done by the company to the Stock Exchange under Clause 35 of the listing Agreement.

(**) 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.

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….………………………….

Deeya Autar For and on behalf of ELM Park Fund Ltd

Place: Ebene, Mauritius

Date: January 22, 2021