Kabra Extrusion Technik Ltd — Major Shareholding Notification 2019

Sep 23, 2019

Ekta A. KABRA

46, Gopikunj, Vithal Nagar, 11th Road, JVPD Scheme, (West), Mumbai - 400 049 Vile Parle

September 21, 2019

To, BSE Limited Floor 25, Phiroze Jeejeebhoy Tower, Dalal Street, Mumbai - 400 001

National Stock Exchange India Limited Exchange Plaza, C-1, Block-G, Bandra Kurla Complex, Bandra (East), Mumbai-400051.

Scrip Code: 524109

Stock Code: KABRAEXTRU

Sub: Disclosure under Regulation 10(5) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 2011

Dear Sirs,

I, Ekta A. Kabra, wish to inform you of the proposed acquisition by me of 935000 equity shares of Kabra Extrusiontechnik Ltd. by way of inter-se transfer from Kolsite Corporation LLP. The details of the proposed inter se transfer is annexed herewith in the prescribed format pursuant to Regulation 10 (5) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 2011.

Kindly take the same on record and acknowledge receipt of the same.

Thanking you, Yours truly,

Ekta A. Kabra

Encl: as above

Format for Disclosures under Regulation 10(5) - Intimation to Stock Exchanges in respect of acquisition under Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

1.	Name of the Target Company (TC)	Kabra Extrusiontechnik Ltd
2.	Name of the acquirer(s)	Ekta A. Kabra
3.	Whether the acquirer(s) is/ are promoters of	Yes, belongs to Promoter Group
	the TC prior to the transaction. If not, nature
	of relationship or association with the TC or its
	promoters
4.	Details of the proposed acquisition
	a. Name of the person(s) from whom sharesare to be acquired	Kolsite Corporation LLP
	b. Proposed date of acquisition	Any time after 4 working days from the
		date of this notice.
	c. Number of shares to be acquired from	9,35,000 equity shares
	each person mentioned in 4(a) above
	d. Total shares to be acquired as % of share	2.93 %
	capital of TC
	e. Price at which shares are proposed to be	On market, at prevalent market price
	acquiredRationale, if any, for the proposedf.	Inter-se transfer of sharesamongst
	transfer	qualifying persons
5.	Relevant sub-clause of regulation 10(1)(a)	Regulation 10(1)(a)(ii)
	under which the acquirer is exempted from
	making open offer
6.	If, frequently traded, volume weighted	Yes
	average market price for a period of 60
	trading days preceding the date of issuance of	Volume Weighted Average Market Price
	this notice as traded on the stock exchange	on BSE: Rs. 65.00 per share and on
	where the maximum volume of trading in theshares of the TC are recorded during such	NSE: Rs. 68.30 per share
	period.
7.	f in-frequently traded,thepriceas	N.A.
	determined in terms of clause (e) of
	sub-regulation (2) of regulation 8.
8.	by the acquirer, that theDeclaration	Yes, I hereby declare that the acquisition
	acquisition price would not be higher by more	price per share of target company would
	than 25% of the price computed in point 6 or	not be higher by more than 25% of the
	point 7 as applicable.	price computed in point 6 hereinabove.
9.	i. Declaration by the acquirer, that the	Yes, I hereby declare that the transferor
	transferor and transferee have complied(during 3 years prior to the date of proposed	and transferee have complied/will complywith applicable disclosure requirements of
	acquisition) / will comply with applicable	Chapter V of the Takeover Regulations,
	disclosure requirements in Chapter V of the	2011.
	Takeover Regulations, 2011 (corresponding
	provisionsoftherepealedTakeover
	Regulations 1997)

	ii. The aforesaid disclosures made duringprevious 3 years prior to the date of proposedacquisition to be furnished.
10.	Declaration by the acquirer that all theconditions specified under regulation 10(1)(a)	Yes, I hereby declare that the conditionsspecified under Regulation 10(1)(a) with
	with respect to exemptions has been duly	respect to exemptions have been duly
	complied with.	complied with.
11.	Shareholding details	Before theproposedtransaction		After the proposedtransaction
		No. ofshares/voting	% w.r.ttotal	No. ofshares/voting	% w.r.ttotal
		rights	share	rights	share
			capital ofTC		capital ofTC
	Acquirer(s)
	Ekta A. Kabra (Transferee)	1962162	6.15	2897162	9.08
	Seller (s)Kolsite Corporation LLP	4763888	14.93	3828888	12.00
	PACs [other than Acquirer(s) & seller(s)]
	Shreevallabh Gopilal Kabra$\bullet$	3235344	10.14	3235344	10.14
	Anand Shreevallabh Kabra$\bullet$	6342584	19.88	6342584	19.88
	Veenadevi Shreevallabh Kabra٠	1230194	3.86	1230194	3.86
	Plastiblends India Limited	827372	2.59	827372	2.59
	Satyanarayan Gopilal Kabra۰	2000	0.01	2000	0.01
	Saritadevi Satyanarayan Kabra$\bullet$	2000	0.01	2000	0.01
	Varun Satyanarayan Kabra۰	2000	0.01	2000	0.01
	Khushi Anand Kabra$\bullet$	1000	0.00	1000	0.00
	Shaurya Anand Kabra	1000	0.00	1000	0.00
	Total Promoter shareholding÷	18369544	57.58	18369544	57.58

Note:

• (*) Shareholding of each entity may be shown separately and then collectively in a group. $\bullet$
• The above disclosure shall be signed by the acquirer mentioning date & place. In case, there $\bullet$ is more than one acquirer, the report shall be signed either by all the persons or by a person duly authorized to do so on behalf of all the acquirers.

Ekta Anand Kabra

Place: Mumbai Date: 2109.2019