KDDL Ltd — Major Shareholding Notification 2024

Mar 28, 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

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Ref: KDDL/CS/2023-24/103 Date: 28[th] March, 2024

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 KDDL Limited and Mahen Distribution Limited, Wholly Owned Subsidiary

Dear Sir/ Madam,

Please be informed that KDDL Limited and Mahen Distribution Limited (MDL), wholly owned subsidiary of KDDL Limited (KDDL) have sold 4,90,000 and 40,072 equity shares of Rs. 10 each of Ethos Limited (material subsidiary of the Company) respectively 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 55.99 % to 53.83 % 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 is given below:

Sr. No.	Information	Details
A	The amount and percentage of the turnover or revenue or income and net worth contributed by such unit or division of the listed entity during the last financial year	(1) KDDL Limited : (a) Total Income as on 31-03-2023: Rs. 363.61 cr. (31.93%) (b) Net Worth as on 31-03-2023: Rs 249.72 cr. (2) Mahen Distribution Limited : (a) Total Income as on 31-03-2023: Rs. 2.78 cr. (0.24%) (b) Net Worth as on 31-03-2023: Rs 4.64 cr.
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 was done through open market.

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D	Consideration received from such sale/disposal;	Rs. 132.36 cr.
E	Brief details of buyers and whether any of the buyers belong to the promoter/ promoter group/group companies. If yes, details thereof;	The said transaction of sale of Shares was done through open market. No
F	Whether the transaction would fall within related party transactions? If yes, whether the same is done at “arms length”;	No

*calculated on consolidated total income.

Kindly take the same on record.

Thanking you,

Yours truly

For KDDL Limited

Brahm Prakash Digitally signed by Brahm Prakash Kumar Kumar Date: 2024.03.28 23:28:34 +05'30'

Brahm Prakash Kumar Company Secretary