Laurus Labs Limited — Regulatory Filings 2021

Nov 15, 2021

NSN HOLDINGS

November 15, 2021

To	To
The Corporate Relations Department BSE Limited Phiroz Jeejeebhoy Towers, 25th Floor, Dalal Street Mumbai - 400001	The Listing Department National Stock Exchange of India Limited Exchange Plaza, Bandra Kurla Complex, Bandra (East) Mumbai - 400 051
Target Company Code: 540222	Target Company Code: LAURUSLABS

Disclosure under Regulation 10(6) - Report to Stock Exchanges in respect of .ilW: acgujsition made in reliance upon exemption provided for in Reeulation 10 of .5.Elll (Substantial Acguisition of Shares and Takeovers) Reeulations. 2011

1.	Name of the Target Company (TC)	LAURUS LABS LIMITED
2.	Name of the acquirer(s)	NSN HOLDINGS (represented by its Managing Partner Dr. SATY ANARA Y ANA CHA VA)
3.	Name of the stock exchange where shares of the TC are listed	BSE Limited 1. National Stock Exchange of India Limited 2.
4.	of Details the transaction including rationale, if any, for the transfer/ acquisition of shares.	Consolidation of Promoter Shareholding
5.	Relevant regulation under which the acquirer is exempted from making open offer.	Regulation 1 0{1 )(a)(i) of SEBl (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. In terms of Regulation 1 0(1 )(a)(i) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 ("Takeover
		Regulations"), an acquisition pursuant to a transfer of shares between immediate relatives is exempted from Open Offer under Takeover Regulations.
		In the present case, the Transferors are the partners of NSN Holdings. Mls. NSN Holdings is a partnership firm registered under the Partnership Act, 1932, which is not s distinct legal entity. The voting rights on behalf of this Partnership firm shall be exercised by Dr.Satyanarayana Chava as per the provisions of Partnership Deed. of Accordingly, it is construed that the equity shareholding Mrs.Nagarani Chava is being transferred to Dr.Satyanarayana Chava indirectly. Dr.Satyanarayana Chava and Mrs.Nagarani being husband
		and wife are immediate relatives within the meaning of Takeover Regulations. Any transfer of shares between the immediate relatives is exempted under Regulation 10(1){a)(i) of the Takeover Regulations.

Plot No.303, Road No.25, Jubilee Hills, Hyderabad-500033, Telangana State, India Phone: +91 40 3980 4333, +91 40 3980 4320, E-Mail: nsnandco@gmail.com _/ ^~

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NSN HOLDINGS

6.	- -	of Whether disclosure proposed acquisition was required to be made under regulation I 0 (5) and if so, whether disclosure was made and whether it was made within the timeline specified under the regulations. of date filing with the stock exchange.	Yes. Disclosure of proposed acquisition has been made within the timeline specified under the regulation I 0 (5).
7.	Details of acquisition		Disclosures required to be made under regulation I 0(5)	Whether the disclosures under regulation 1 0(5) are actually made
	a.	Name of the transferor I seller	I. Dr. SATY ANARA Y ANA CHA VA 2. Mrs. NAGARANI CHA VA	Yes
	b.	Date of acquisition	15.Il.202I
	c	Number of shares/ voting rights in respect of the acquisitions from each person mentioned in 7(a) above	Total: 12,4I,26,740 Shares I. Dr. SATYANARAYANA CHAVA- 8,89,94,020 Shares Mrs. NAGARANI CHA VA - 2. 3,51,32,720 Shares
	d.	Total shares proposed to be acquired I actually acquired as a % of diluted share capital of TC	From Dr.Satyanarayana Chava- 16.58% From Mrs.Nagarani Chava- 6.55%
	e.	Price at which shares are proposed to be acquired I actually acquired	As this transaction is a contribution of shares to its own partnership firm as a capital and accordingly, no consideration is proposed to be given

NSN HOLDINGS

8.	Shareholding details		Pre-Transaction		Post-Transaction
			No. of shares held	%w.r.t total share capital of TC	No. of shares held	% w.r.t total share capital ofTC
	a.	Each Acquirer I Transferee NSN HOLDINGS	0	0	12,41,26,740	23.13%
	b.	Each Seller I Transferor
		Dr. 1. SATYANARAYANA CHAVA	8,89,94,020	16.58%	0	0
		2. Mrs. NAGARANI CHAVA	3,51,32,720	., 6.55%	0	0

Thanking you, Yours sincerely

For NSN fl oldings

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Dr. SatyanhrayJna-Cbava Managing Partner