J.K. CEMENT LTD — Major Shareholding Notification 2020

Dec 24, 2020

Raghavpat Singhania

Through e-mail

$24.12.20$

BSE Limited Corporate Relationship Department. 1st Floor, New Trading Ring, Rotunga Building, P.J. Towers. Dalal Street, Fort, Mumbai - 400 001 E-mail-corp.relations@bseindia.com; corp.comm@bseindia.com

National Stock Exchange of India Limited

Exchange Plaza, Bandra Kurla Complex Bandra (E) Mumbai - 400 051 E-mail-takeover@nseindia.co.in

The Company Secretary, J.K. Cement Limited Kamla Tower Kanpur - 208 001 E-mail-shambhu.singh@jkcement.com

Name of the Target Company(TC): J.K. Cement Limited(JKCL) Scrip Code-NSE: JKCEMENT; BSE-532644

Re: Report/disclosures under Regulations 10(6) and 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Dear Sir.

I do hereby furnish enclosed report/disclosures, pursuant to the provision of Regulations 10(6) and 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as amended, regarding indirect acquisition, by way of transmission, of 1,55,17,259 equity shares i.e. 20.082 % of total equity share capital of M/s. J. K. Cement Ltd. by me, on from Smt. Kavita Yadupati Singhania, $22.12.20$ executor of the last WILL and testament of Late Shri Yadupati Singhania, natural Promoter of the Target company (TC).

The aforesaid equity shares of TC were indirectly acquired by me, by transmission conforming to Law, being a beneficiary of the last WILL and testament of Late Shri Yadupati Singhania, through acquisition of 13,60,279 equity shares i.e. 49.987 % of total equity share capital of Yadu International Ltd., the Promoter Company of TC. Yadu International Ltd. is holding 3,10,34518 equity shares i.e. 40.165 % of total equity share capital of TC. I belong to Promoters' group. Hence the aforesaid transmission may be considered as inter-se transfer between persons belonging to Promoters' Group.

This may be taken on record.

Thanking you, Yours faithfully,

(Raghavpat Singhania)

Encl.: As above.

Disclosures under Regulation 10(6) – Report to Stock Exchanges in respect of any acquisition madein reliance upon exemption provided for in Regulation 10 of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

$\tilde{\boldsymbol{\Sigma}}$ $\bar{\mathcal{A}}$

1.	Name of the Target Company (TC)	J.K. Cement Limited (JKCL)("Target Company")
2.	Name of the acquirer(s)	Raghavpat Singhania ("Acquirer")
3.	Name of the stock exchange where shares ofthe TC are listed.	BSE Limited and National Stock Exchange ofIndia Limited
4.	Details of the transaction including rationale,if any, for the transfer/acquisition of shares.	The transaction involved indirect acquisition, byway of transmission, of 1,55,17,259 equityshares i.e. 20.082 % of total equity share capitalof M/s. J. K. Cement Ltd. by me from Smt.Kavita Yadupati Singhania, executor of the lastWILL and testament of Late Shri YadupatiSinghania, natural Promoter of JKCL.
		The aforesaid equity shares of TC were indirectlyacquired by me, by transmission conforming to Law,being a beneficiary of the last WILL and testamentof Late Shri Yadupati Singhania, through acquisitionof 13,60,279 equity shares i.e. 49.987 % of totalequity share capital of Yadu International Ltd., thePromoter Company of TC. Yadu International Ltd. isholding 3,10,34518 equity shares i.e. 40.165 % oftotal equity share capital of TC.The transaction comprised inter-se transfer ofequity shares of JKCL between Promoters'Group/ Persons Acting in concert (PACs) by way
5.	Relevant regulation under which the acquireris exempted from making open offer.	of transmission.Regulation 10(1)(g) of SEBI (Substantial Acquisitionof Shares and Takeovers) Regulations, 2011, asamended ("Takeover Regulations").
6.	Whether disclosure of proposed acquisitionwas required to be made under regulation 10$(5)$ and if so,whether disclosure was made and whetherit was made within the timeline specifiedunder the regulations.date of filing with the stock exchange.$\frac{1}{2}$	NOT REQUIRED

Reginarpot

$\hat{\mathcal{L}}$

i.

7.		Details of acquisition		Disclosures required tobe made underregulation $10(5)$	Whether the disclosuresunder regulation $10(5)$ areactually made
	a.	Name of the transferor / seller/ Executor	Singhania	Smt. Kavita Yadupati
	b.	Date of acquisition	22.12.20		NOT APPLICABLE
	C.	Number of shares/voting rights in respectof the acquisitions from each personmentioned in $7(a)$ above	1,55,17,25920.082 %Not Applicable
	d.	Total shares proposed to be acquired /actually acquired as a % of diluted sharecapital of TC
	e.	Price at which shares are proposed to beacquired / actually acquired.
8.	Shareholding details		Pre-Transaction		Post-Transaction
			No. ofsharesheld	$%$ w.r.ttotal sharecapital ofТC	No. ofshares held	$%$ w.r.ttotal sharecapital ofTC
	a	Acquirer
		Raghavpat Singhania-indirect acquisitionthrough equity shares of PromoterCompany viz. Yadu International Ltd.	$\theta$	0.00	15517259	20.082
	$\mathbf b$	Transferor/Executor
		Smt. Kavita Yadupati Singhania	31034518	40.165	15517259	20.082

Raghaupot

Acquirer

Place : Kanpur Date: 24.12.20 $\mathcal{L}_{\text{max}}$

DISCLOSURES UNDER REGULATION 29(2) OF SEBI (SUBSTANTIAL ACQUISITION OF SHARES AND TAKEOVERS) REGULATIONS, 2011

$\langle \hat{X} \rangle$

1.	Name of the Target Company(TC)	J.K. Cement Limited (i.e. "JKCL") (the "Target Company")
2.	Name(s) of the acquirer andPersons Acting in Concert (PAC)	Raghavpat Singhania
	with the acquirer	(Please refer to the Annexure for complete list of Acquirer andPACs.)
3.	Whether the acquirer belongs toPromoter/Promoter group	Yes, the Acquirer is member of the promoters' group of theTarget Company.
$\overline{4}$ .	Name(s)oftheStockExchange(s) where the shares ofTC are Listed	BSE Limited ("BSE") and the National Stock Exchange ofIndia Limited ("NSE")
5.	Detailsoftheacquisition/disposal as follows	Number	% w.r.t. total	$%$ w.r.t.
			share/voting	total diluted
			capital	share/voting
			wherever	capital of
			applicable *	the TC**
Before	theacquisitionunderconsideration,holdingofthe
Acquirer along with PACs (other
	than the Sellers):
a)	Shares carrying voting rights	13832061	17.900	17.900
b)	Sharesinthenatureofencumbrance (pledge/ lien/ non-disposal undertaking/ others)	NIL	NIL	NIL
$\mathcal{C}$ )	Voting rights (VR) otherwisethan by shares	NIL	NIL	NIL
$\mathbf{d}$(e)	Warrants/convertiblesecurities/any other instrumentthat entitles the acquirertoreceive shares carrying votingrights in the T C (specify holdingin each category)Total $(a+b+c+d)$	NIL13832061	NIL17.900	NIL17.900

Voghapat

Details of acquisition/sale
Shares carrying votinga)rightsacquired/sold	15517259	20.082	20.082$\epsilon$
b) VRs acquired/ sold otherwise than	NIL	NIL	NIL
by equity shares
c) Warrants/convertible securities/anyother instrument that entitles theacquirer to receive shares carryingvoting rights in the TC (specifyholding in each category) acquired/sold	NIL	NIL	NIL
d)Sharesencumbered/	NIL	NIL	NIL
invoked/released by the acquirer
e) Total $(a+b+c+/-d)$	15517259	20.082	20.082
After the acquisition/sale, holdingof:
a) Shares carrying voting rights	29349320	37.982	37.982
Sharesencumbered withb)theacquirer	NIL	NIL	NIL
c) VRs otherwise than by shares	NIL.	NIL	NIL
d) Warrants/convertible securities/anyother instrument that entitles theacquirer to receive shares carryingvoting rights in the TC (specifyholding in each category) afteracquisition	NIL	NIL	NIL
Total $(a+b+c+d)$(e)	29349320	37.982	37.982
Mode of acquisition / sale (e.g. openmarket / off-market / public issue /rights issue / preferential allotment /inter-se transfer etc).	Inter-se indirect transfor of equity shares of JKCL betweenmembers of Promoters' Group by way of transmission.		$\mathbf{I}$
Date of acquisition / sale of shares / VRor date of receipt of intimation ofallotment of shares, whichever isapplicable	22.12.20

$\hat{\boldsymbol{\alpha}}$

$\bar{\kappa}$

Regnaupat

Equity share capital / total votingcapital of the TC before the saidacquisition / sale	Rs. 77,26,82,510/-
Equity share capital/ total votingcapital of the TC after thesaid acquisition / sale	Rs. 77,26,82,510/-
Total diluted share/voting capital of theTC after the said acquisition	Rs. 77,26,82,510/-

*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.

Ycaharpot

(Raghavpat Singhania) Acquirer

$\overline{a}$

à.

Encl. - List of Acquirer and Persons acting in concert (PACs) as Annexure.

Place : Kanpur $24.12.20$ Date

Annexure

Disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of shares and takeovers) Regulations, 2011 Name of Target Company - J.K. Cement Ltd.

List of Acquirer, Persons Acting in concert (PACs) and Transferor/Executor comprised in Shareholding of Promoters' Group Date of Indirect Acquisition/Transmission - 22.12.20

SI. No.	Name of the shareholder	Pre-transaction		Post-transaction
		Shareholding		% Shareholding	$\frac{0}{0}$
Acquirer
$\mathbf{I}$	RAGHAVPAT SINGHANIA-Indirect acquisition of equity	$\overline{0}$	0.000	15517259	20.082
	shares of TC through acquisition of equity shares of Yadu
	International Ltd., the Promoter Company.#
	Persons acting in concert (PACs) with Acquirer Other than Transferor/Executor
	RAGHAVPAT SINGHANIA	210	0.000	210	0.000
$\overline{2}$	J. K. TRADERS LTD.	181254	0.235	181254	0.235
3	KALPANA SINGHANIA	4263	0.006	4263	0.006
4	MANORAMA DEVI SINGHANIA	31465	0.040	31465	0.040
5	ABHISHEK SINGHANIA	58994	0.076	58994	0.076
6	NIDHIPATI SINGHANIA	33428	0.043	33428	0.043
$\overline{7}$	RAMAPATI SINGHANIA	49662	0.064	49662	0.064
8	MADHAV KRISHNA SINGHANIA	210	0.000	210	0.000
9	AJAY KUMAR SARAOGI	3340	0.004	3340	0.004
10	AMRITA SARAOGI	3000	0.004	3000	0.004
11	ANIL KUMAR AGRAWAL	3940	0.005	3940	0.005
12	RADHA RANI KHANDELWAL jointly With	500	0.000	500	0.000
	KAILASH NATH KHANDELWAL
13	PRASHANT SETH	20	0.000
14	PUSHPA SARAOGI	5048	0.007	20	0.000
15	KAILASH NATH KHANDELWAL jointly With	1000	0.001	5048	0.007
	RADHA RANI KHANDELWAL			1000	0.001
16	SATISH KUMAR AGRAWAL	40	0.000
17	GAUR HARI SINGHANIA (expired on 4.2.2015)	20		40	0.000
	VASANTLAL D.MEHTA		0.000	20	0.000
	RAGHUBIR PRASAD SINGHANIA
18	G.H.SECURITIES PVT.LTD.
	(Company Dissolved-shares in caution list)	20	0.000	20	0.000
19	YADU SECURITIES PVT.LTD.
	(Company Dissolved-shares in caution list)	40	0.000	40	0.000
20	SUSHILA DEVI SINGHANIA
21	KAVITA Y. SINGHANIA	85957	0.111	85957	0.111
22	KAVITA YADUPATI SINGHANIA, in the capacity of	1305452	1.690	1305452	1.690
	executor of the last WILL and testament of Late Shri Yadupati	12064198	15.613	12064198	15.613
	Singhania, natural Promoter of Target Company.
	TOTAL SHAREHOLDING OF ACQUIRER AND PACS OTHER
	THAN TRANSFEROR/EXECUTOR	13832061	17.900	29349320	37.982
	TRANSFEROR/EXECUTOR
$\mathbf{1}$	KAVITA YADUPATI SINGHANIA, Indirect holding of	31034518	40.165	15517259	20.082
	equity shares of TC through equity shares of Yadu
	International Ltd., the Promoter Company in the capacity of
	executor of the last WILL and testament of Late Shri Yadupati
	Singhania.##
	GRAND TOTAL SHAREHOLDING OF PROMOTERS'	44866579	58.064	44866579	58.064
	GROUP

The transaction involved indirect acquisition, by way of transmission, of 1,55,17,259 equity shares i.e. 20.082 % of total equity share capital of M/s. J. K. Cement Ltd. by me from Smt. Kavita Yadupati Singhania, executor of the last WILL and testament of Late Shri Yadupati Singhania, natural Promoter of the Target company (TC). The aforesaid equity shares of TC were indirectly acquired by me, by transmission conforming to Law, being a beneficiary of the last WILL and testament of Late Shri Yadupati Singhania, through acquisition of 13,60,279 equity shares i.e. 49.987 % of total equity share capital of Yadu International Ltd., the Promoter Company of TC.

Indirect holding, in the capacity of Executor of the last WILL and Testament of Late Shri Yadupati Singhania, of 3,10,34,518 equity shares (i.e. 40.165% of total equity shares) of J. K. Cement Ltd., being held by Yadu International Ltd. ("YIL"), one of Promoter. 1, being the registered nominee in the demat account (DP ID-IN301127 Client ID-15333142) of my husband Late Shri Yadupati Singhania, who has expired on 13th August, 2020 received 27,20,558 equity shares i.e. 99.97% of total equity shares of Yadu International Limited in my demat account (DP ID-IN301330; Client ID-40391030), for distributing conforming due process of Law, to the actual beneficiaries of the last WILL and testament of Late Shri Yadupati Singhania by way of transmission.

ogharpos

(RAGHAVPAT SINGHANIA)