KDDL Ltd — Major Shareholding Notification 2024

Aug 30, 2024

KDDL Limited

Kamla Centre, SCO 88-89, Sector 8-C, Chandigarh - 160 009, INDIA. Tel: +91 172 2548223/24, 2544378/79 Fax: +91 172 2548302, Website:www.kddl.com ; CIN-L33302HP1981PLC008123

Ref: KDDL/CS/2024-25/44 Date: 30[th] August, 2024

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National Stock Exchange of India Limited, BSE Limited, Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Phiroze Jeejeebhoy Towers, Bandra, Mumbai - 400 051 Dalal Street, Mumbai - 400001

Trading Symbol : KDDL

Scrip Code : 532054

Subject: Intimation for the sale of Shares by Mahen Distribution Limited, Wholly Owned Subsidiary

Dear Sir/ Madam,

Please be informed that Mahen Distribution Limited (MDL), wholly owned subsidiary of KDDL Limited (KDDL) has sold 6,00,181 equity shares of Rs. 10 each of Ethos Limited (material subsidiary of the Company) through open market and post this sale of shares, consolidated shareholding of KDDL (directly and indirectly through its subsidiary, MDL) in Ethos Limited has reduced from 52.90 % to 50.45 % on a fully diluted basis.

In this regard, disclosure pursuant to Regulation 30 of the Listing Regulations read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015 and master circular no. SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated July 11, 2023 is given below:

Sr.	Information	Details
No.
A	The amount and percentage of the turnover or revenue or	Mahen Distribution Limited :
	income and net worth contributed by such unit or division of the
	listed entity during the last financial year	(a) Revenue as on 31-03-2024: Rs. 348.80 lacs
		(b) Net Worth as on 31-03-2024: Rs. 3916.12 lacs.
B	Date on which the agreement for sale has been entered into;	The said transaction of sale of Shares was done through open
		market. Hence, no agreement for sale was required.
C	The expected date of completion of sale/disposal;	The said transaction of sale of Shares has been completed
		through open market.
D	Consideration received from such sale/disposal;	Rs. 195.25 cr.
E	Brief details of buyers	The said transaction of sale of Shares was done through open
	and	market.
	whether any of the buyers belong to the promoter/ promoter	No
	group/group companies. If yes, details thereof;
F	Whether the transaction would fall within related party	No
	transactions? If yes, whether the same is done at “arms length”;

Kindly take the same on record.

Thanking you,

Yours truly

For KDDL Limited

Brahm Prakash Kumar Digitally signed by Brahm Prakash Kumar Date: 2024.08.30 11:33:15 +05'30'

Brahm Prakash Kumar Company Secretary

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