KNR Constructions Limited — Major Shareholding Notification 2020

Nov 23, 2020

I	NameoftheTarget Company(TC)	KNRConstructionsLimited	KNRConstructionsLimited
a	Nameoftheacquirer(s)	Mr.KarnidiNarasimha Reddv
J	Whether theacquire(s)is/arepromotersoftheTC prior	Yes
	tothetransaction.Ifnot,natureofrelationshipor
	associationwiththeTC orits promoters
4	Detailsofthe proposedacquisition
	aNameoftheperson(s)from whomsharesaretobe	Mr.MRajesh Reddy
	acquired
	b.Proposed dateof acquisition	After29November2020
	CNumberofsharestobeacquiredfromeachperson	Upto maximumof500,000Shares
	mentioned in 4(a) above
	d.Totalsharestobe acquiredas0Zofsharecapitalof	0.3556 %
	T
	Priceatwhichshares areproposedtobeacquiredf.Rationale.ifany.forthe proposed transfer	NotApplicableasthetransfer by wayofGiftRationalizationoflnvestmentHolding
		Pattem
5	Relevantsub-clauseofregulationl0(l)(a)under which	Regulation l0(I)(a)(i)
	theacquirerisexemptedfrommaking openoffer
6	If,frequentlytraded,volume weightedaverage market
	pricefora periodof60 trading daysprecedingthedate	Rs.261.44-NSE
	ofissuanceof thisnoticeastraded on the stockexchange
	where themaximumvolumeoftrading inthesharesof
	theTCarerecordedduringsuchperiod.
1	Ifin-frequentlytraded.the priceasdeterminedinterms	N.A
	ofclause(e)ofsub-regulation(2)ofregulation8.
8	Declarationbytheacquirer,that theacquisitionprice	N.AastheTransferby	wayofGIFT
	wouldnotbehigherbymorethan25%ooftheprice
	computedin point6or point7asapplicable.
9	Declarationbytheacquirer,that thetransferorand	The transferorand transferee havecomplied
	transfereehavecomplied/ willcomplywithapplicable	withapplicabledisclosure requirementsin
	disclosure requirementsinChapterVoftheTakeoverRegulations,20ll(correspondingprovisionsofthe	ChapterVoftheTakeoverRegulations,2011(correspondingprovisionsofthe
	repealedTakeover RegulationsI997)	repealedTakeover Regulations I997)
10	Declarationbytheacquirerthatalltheconditions	Allthe conditions specifiedunderregulation
	specifiedunderregulationl0(l)(a) withrespectto	l0(l)(a)withrespectto	exemptionshasbeen
		duly compliedwith
	Page1of2
	N

	exemptionshas beenduly compliedwith.
11.	Shareholding details	Beforethe		After	the
		proposed		proposed
		transaction		transaction
		No.of	Yow.r.t	No.of	%ow,r,t
		shares	total	shares	total
		/voting	share	/voting	share
		rights	capitalof	rights	capital
			TC		of
					TC
	Acquire(s)andPACs (other thansellers)(*)
		45743595	32.5306	46243595	32.886r
	Seller (s)
		6000000	4.2669	s500000	3.91r3

SI.
No.		Name	PreTransfer		PostTransfer
			Shares		Shares
I	KamidiNarasimha Reddy		45143595	32.5306	46243595	32.8861
2	Jalandhar Reddy	Kamidi	19629605	13.9596	15629605	IL9596
3	KamidiYashoda		6007505		6007505	4.2722
4	MereddyRajesh	Reddy	6000000	4.2669	5500000	3.91r3
			77380705	55.0293	77380705	ss.0293
		Total