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KEI Industries Ltd. Major Shareholding Notification 2021

Sep 21, 2021

62468_rns_2021-09-21_5a1df62b-10da-450b-b562-12ebfc7f8920.pdf

Major Shareholding Notification

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September 21, 2021

Kishore Kunal Company Secretary & Compliance Officer KEI Industries LTD D-90, Okhla Industrial area, Phase 1, Delhi- 110020

Disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

Part-A: Details of the Disposal

Part-A: Details of the Disposal
1. Name of the Target Company (TC) KEI Industries LTD
2. Name(s) of the seller and Persons
Acting in Concert (PAC) with the
acquirer
Franklin Templeton Mutual Fund
(through its various schemes)
3. Whether the seller belongs to
Promoter/Promoter group
No
4. Name(s) of the Stock Exchange(s)
where the shares of TC are Listed
National Stock Exchange of India Ltd
BSE Ltd
5. Details of the disposal as follows Number % w.r.t. total
share/voting
capital
wherever
applicable(*)
% w.r.t. total
Diluted
share/voting
capital of the
TC(**)
**Before the disposal under consideration, holding of acquirer along with PACs of: **
a) Shares carrying voting rights # 28,25,000 # 3.14% N.A.
b) Shares in the nature of
encumbrances (pledge/ lien/non-
disposal undertaking/ others)
Nil Nil N.A.
c) Voting rights (VR) otherwise than by
shares
Nil Nil N.A.
d) Warrants/convertible securities/any
other instrument that entitles the
acquirer to receive shares carrying
voting rights in the T C (specify
holding in each category)
Nil Nil N.A.
e) Total (a+b+c) # 28,25,000 # 3.14% N.A.
Details of sale
a) Shares carrying voting rights
acquired
# 100,000 # 0.11% Nil
b) VRs acquired otherwise than by
equity shares
Nil Nil N.A.
c) Warrants/convertible securities/any Nil Nil N.A.

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other instrument that entitles the
acquirer to receive shares carrying
voting rights in the TC (specify
holding in each category) acquired
d) Shares in the nature of
encumbrance (pledge/ lien/ non-
disposal undertaking/ others)
Nil Nil N.A.
e) Total (a+b+c+/-d) # 100,000 # 0.11% N.A.
**After the disposal, holding of acquirer along with PACs of: **
a) Shares carrying voting rights
acquired
# 27,25,000 # 3.02% N.A.
b) Shares in the nature of
encumbrance (pledge/ lien/non-
disposal undertaking/ others)Shares
pledged with the acquirer
Nil Nil N.A.
c) VRs otherwise than by equity
shares
Nil Nil N.A.
d) Warrants/convertible securities/any
other instrument that entitles the
acquirer to receive shares carrying
voting rights in the TC (specify
holding in each category) after
acquisition.
Nil Nil N.A.
e) Total (a+b+c+d) # 27,25,000 # 3.02% N.A.
6. Mode of sale (e.g. open market / public
issue / rights issue / preferential
allotment / inter-se transfer /
encumbrance, etc.)
Open Market
7. Salient features of the securities
acquired including time till redemption,
ratio at which it can be converted into
equity shares, etc.
Equity Shares
8. Date of sale/ date of receipt of intimation
of allotment of shares / VR/
warrants/convertible securities/any other
instrument that entitles the acquirer to
receive shares in the TC
September 20, 2021
9. Equity share capital / total voting capital
of the TC before the said sale
90,101,438 shares
10. Equity share capital/ total voting capital
of the TC after the said sale
90,101,438 shares
11. Total diluted share/voting capital of the
TC after the said sale
90,101,438 shares

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Annexure

Name of the
schemes
Pre-disposal holdings Pre-disposal holdings Number of
Shares
sold
% of
Total
shares
Post-disposal
holdings
Post-disposal
holdings
No. of
shares
% of
Total
shares
No. of
shares
% of
Total
shares
Franklin Build
India Fund
5,25,000 0.58% 0 0.00% 5,25,000 0.58%
Franklin India
Focused Equity
Fund
23,00,000 2.55% 1,00,000 0.11% 22,00,000 2.44%
Total 28,25,000 3.14% 1,00,000 0.11% 27,25,000 3.02%

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