J.K. CEMENT LTD — Major Shareholding Notification 2021

Apr 13, 2021

Vadu

INTERNATIONAL LTD.

Through e-mail

13.04.2021

Ms. Tanvi Walinjkar Dy. Manager-Listing Compliance National Stock Exchange of India Ltd. Exchange Plaza. Bandra Kurla Complex Bandra (E) Mumbai - 400 051 e-mail-takeover@nse.co.in

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

Re: Revised Disclosure under Regulation 31(1)) of the SEBI (Substantial Acquisition of Shares And Takeovers) Regulations, 2011

Respected Madam,

With reference to your mail dated 13.04.2021 and pursuant to the provision of Regulation 31(1) of the SEBI (Substantial Acquisition of Shares And Takeovers) Regulations, 2011, please find enclosed herewith revised disclosure regarding execution of non-disposal undertaking in favour of Axis Bank Limited in prescribed format.

You are requested to take the same on record.

Thanking you,

Yours faithfully, For Yadu International Ltd

(Jitendra Awasthi) Company Secretary Authorized Signatory M. No.-F6460

Encl : As above.

Copy to-

BSE LIMITED Corporate Relationship Deptt. 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

The Company Secretary, J.K. Cement Ltd. Kamla Tower Kanpur. e-mail-shambhu.singh@jkcement.com

CIN: U36993UPI995PLC017694 · GSTIN: 09AAACY0480F1ZE · E-mail: taxation@jkcement.com Regd. Office: Kamla Tower, Kanpur - 208 001 INDIA . Phone: 91-512-2371478-79 . Fax: 91-512-2347682

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	Format for disclosure by the Promoter(s) to the stock exchanges and to the Target Company for encumbrance of shares/invocation of encumbrance/release of encumbrance, in terms of Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
	Name of the Target Company(TC)							IKCEMENT LIMITED (JKCL)(TC)
	Names of the stock exchanges where the shares of the target company				are listed		BSE LIMITED AND NATIONAL STOCK EXCHANGE OF INDIALIMITED
	Name of the promoter or PAC on whose shares encumbrance has beenDate of reporting (revised)created/released/invoked						Yadu International Limited13/04/2021
	Details of the creation of encumbrance:
promoterName ofPACs$(s)$ orhim*withthe	target companyholding in thePromoter$\bigoplus$	holding alreadyencumbered (2)Promoter				Details of events pertaining to encumbrance (3)					shares {creationrelease $[(2)-(3)]$encumberedinvocationholding ofPost event$[(2)+(3)]$$[[(2)-(1)]$
	capitalsharetotal$\sqrt{6}$Number	Numberಕ	σfcapitalsharetotal$\frac{6}{6}$	invocation)(creationrelease /Type ofevent	invocation ofencumbrancecreationrelease/Date of	encumbrance(pledge/lien/undertaking/non disposalType ofothers)	encumbranceReasons for$**$	Number	ofcapitalshare$\frac{6}{6}$	favor sharesencumberedthe entity inName ofwhose***	Number	ЪÇcapitalsharetotal$\frac{6}{6}$
nternationaLimitedadu	31034518 40.16	Ë	E	Creation/execution of Non-undertakingdisposal	01/03/202	Non-disposalundertaking	taken by YaduInternationalUndertakingagainst LoanSecurityLimited	31034518	40.16	Axis Bankimited	31034518	40.16	REATA ,ing.
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REVISED ANNEXURE-1

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HSLIPANSFor Yadu International Ltd.
KANPUR I
115.02Titendra Awasthii
Company Secretary/Authorized SignatoryMNo-F6460
Place: Kanpur
Date: 13/04/2021

*The names of all the promoters, their shareholding in the target company and their pledged shareholding as on the reporting dateshould appear inthe table irrespective of whether they are reporting on the date of event or

Revised Annexure - II

Format for disclosure of reasons for encumbrance

(In addition to Annexure - I prescribed by way of circular dated August 05, 2015)

Name of listed company	J. K. Cement Limited (JKCL)(TC)
Name of the recognised stock exchanges where the sharesof the company are listed	BSE Limited and NationalStock Exchange of IndiaLimited
Name of the promoter(s) / PACs whose shares have beenencumbered	Yadu International Limited
Total promoter shareholding in the listed company	No. of shares – 31034518% of total share capital -40.16%
Encumbered shares as a % of promoter shareholding	100 %
Whether encumbered share is 50% or more of promotershareholding	YES
Whether encumbered share is 20% or more of total sharecapital	YES

Details of all the existing events/ agreements pertaining to encumbrance

	ofcreationof(Dateencumbrance: 01/03/2021)
Type of encumbrance (pledge, lien, negative lien, non-disposal undertaking etc. or any other covenant, transaction,condition or arrangement in the nature of encumbrance)	Non-disposal Undertaking byYadu International Ltd.
No. and % of shares encumbered	No. of shares: 31034518% of total share capital: 40.16%
details Name of the entity in whose favour sharesSpecificencumbered (X)about the	Axis Bank Limited
encumbranceNBFC or housing finance company? If No,provide the nature of the business of theentity.	Whether the entity X is a scheduled YES-Axis Bank Limited iscommercial bank, public financial institution, Scheduled Commercial Bank
Names of all other entities in the agreement	NONEU / CERNA

	Whether the encumbrance is relating to any NOviz.debenture,debtinstrumentscommercial paper, certificate of depositetc.? If yes, provide details about theinstrument, including credit rating
Security Cover /Asset Cover	Value of shares on the date of event / Rs. 8276.91 Croresagreement (A)
	Amount involved (against which shares Rs. 19.62 Croreshave been encumbered) (B)
	Ratio of A / B	421.86
Enduse ofmoney	Borrowed amount to be utilized for what Business use by Promoter$pure -$(a) Personal use by promoters andPACs	company of TC i.e. YaduInternational Limited
	(b) For the benefit of listed company
	Provide details including amount, purposeof raising money by listed company,schedule for utilization of amount,repayment schedule etc.
	(a) Any other reason (please specify)

For Yadu International Et

KANPUR (Jitendra Awasthi)

Company Secretary/Authorized Signatory M.No.-F6460 Place: Kanpur Date: 13/04/2021