Lumax Auto Technologies Ltd. — Major Shareholding Notification 2020

Dec 14, 2020

LATL:CS: BSE: NSE:2020-21 Date: 12.12.2020

BSE Limited	The National Stock Exchange of India Limited
Listing & Compliance Department	Listing & Compliance Department
Phiroze Jeejeebhoy Towers,	Exchange Plaza, C-1 Block G,
Dalal Street,	Bandra Kurla Complex,
Mumbai - 400001	Bandra (E), Mumbai - 400051
Security Code : 532796	Company Symbol: LUMAXTECH

Subject: Disclosure of lnter-se Transfer of Shares between Promoter/ Promoter Group received under Regulation 10(5) of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (as amended)

Sir/Ma'am,

With reference to the captioned subject, we would like to inform that the Company has received intimation regarding proposed lnter-se Transfer of Shares which is as follows:

S.No.	Date ofTransaction	Name of the Persons(belonging to PromoterGroup)- Transferor	Name of thePersons (belongingto PromoterGroup)- Acquirer	Number of sharesproposed to betransferred	%ofshareholding
1.	On or after	D.K. Jain & Sons (HUF)	Mr. Deepak Jain	29,68,732	4.356
2.	18.12.2020	D.K. Jain & Sons (HUF)	Mr. Anmol Jain	29,68,733	4.356

This being the "lnter-se" Transfer of Shares amongst the Promoter Group falls within the exemption under Regulation 10(1)(a)(i) & 10(1)(a)(ii) of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Further, the aggregate shareholding of Promoter and Promoter Group before and after the above transfer shall remain the same.

In this connection, the necessary disclosure received under Regulation "10(5) for the aforesaid transfer is enclosed for your information and records.

Thanking you, Yours faithfully, **~ ,UTO TECHNOLOGIES UMITED**

ANIL TYAGI COMPANY SECRETARY & COMPLIANCE OFFICER M. NO.: A-16825

Encl: As Stated above

~I Lumax Auto Technoloetes UmJted ...

...I g Regd. Office: ~2nd Ftoor, Harbans Bhawan-11, ~ Commercial Complex, Nan1al Raya, z O New Deihl - 110046, lndla

T +9111 4985 7832

www.lumaxwortd.in

Disclosures under Regulation 10(5) - Intimation to Stock Exchanges in respect of acquisition under Regulation 10(1){a} of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations,

2011

1.	Name of the Target Company (TC)	Lumax Auto Technologies Limited
2.	Name of the acquirer(s)	1. Mr. Deepak Jain
		2. Mr. Anmol Jain
3.	Whether the acquirer(s) is/ are promoters of the	Yes
	TC prior to the transaction. If not, nature of
	relationship or association with the TC or its
	promoters
4.	Details of the proposed acquisition
	a. Name of the person(s) from whom shares	D.K. Jain & Sons (HUF)
	are to be acquired
	Proposed date of acquisitionb.	On or after 18.12.2020
	Number of shares to be acquired fromC.	59,37,465
	each person mentioned in 4(a) above
	d. Total shares to be acquired as % of sharecapital of TC	8.71 %
	e. Price at which shares are proposed to be	Nil, lnter-se transfer by way of complete
	acquired	partition of D.K. Jain & Sons (HUF). Mr.
		Dhanesh Kumar Jain is Karta of the HUF
	f.Rationale, if any, for the proposed transfer	Upon complete partition of D.K. Jain & Sons
		(HUF) as mentioned above.
5.	Relevant sub-clauseof regulation10(1)(a)	Regulation 10(1 )(a)(i) & 10(1 )(a)(ii)
	under which the acquirer is exempted from
	making open offer
6.	If, frequently traded, volume weighted average	NA
	market price for a period of 60 trading days
	preceding the date of issuance of this notice as
	traded on the stock exchange where the
	maximum volume of trading in the shares of the
	TC are recorded during such period.
7.	If in-frequently traded, the price as determined	NA
	in terms of clause (e) of sub-regulation (2) of
	regulation 8.
8.	Declaration by the acquirer, that the acquisition
	price would not be higher by more than 25% of	NA
	the price computed · in point 6 or point 7 as
	applicable.
9.	Declaration by the acquirer, that the transferor Yes, the same is attached as an Annexure-1
	and transferee have complied / will comply with	& Annexure-2
	applicable disclosure requirements in Chapter
	ofVtheTakeoverRegulations,2011
	(correspondingprovisionsof therepealed
	Takeover Regulations 1997)

10. Declarationbytheacquirerthatalltheconditions specified under regulation 10(1 )(a)with respect to exemptions has been dulycomplied with.	& Annexure-2		Yes, the same is attached as an Annexure-1
11 . Shareholding details	Before theproposedtransaction		After theproposedtransaction
	No. ofshares/votingrights	% w.r.ttotalsharecapitalofTC	No. ofshares/votingrights	% w.r.ttotalsharecapitalofTC
-Acquirer(s)-1.Mr. Deepak Jain2.Mr. Anmol Jain-and PACs (other than sellers) (*)1.Dhanesh Kumar Jain Family Trust2.Lumax Finance Private Limited3.Mr. Dhanesh Kumar Jain4.Mrs. Shivani Jain	99,52,31599,49,3802,03,9501,21,11,320--	14.6014.600.3017.77--	1,29,21,0471,29, 18, 1132,03,9501,21,11,320--	18.9618.950.3017.77--
-Seller (s)D. K. Jain & Sons (HUF)	59,37,465	8.71	-	-

Note:

• (*) Shareholding of each entity is shown separately.
• The above disclosure has been signed by the acquirers jointly along with date & place of signing.

(DEEPAK JAIN) Acquirer belonging to Promoter Group

Date: 12.12.2020 Place: New Delhi

~ JAIN)

(A~OL Acquirer belonging to Promoter Group

\

Date: 12.12.2020 Place: New Delhi

DECLARATION

BSE Limited	The National Stock Exchange of India Limited
Listing & Compliance Department	Listing & Compliance Department
Phiroze Jeejeebhoy Towers,	Exchange Plaza, C-1 Block G,
Dalal Street,	Sandra Kurla Complex,
Mumbai - 400001	Bandra (E), Mumbai -400051
Code : 532796

Sir/Ma'am,

I, Undersigned hereby undertake and confirm as under with respect to proposed lnter-se transfer of Equity shares in terms of Regulation 10(1)(a)(i) & 10(1)(a)(ii) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 and subsequent amendments thereto that:

• a) I propose to acquire 29,68,732 Equity Shares of Lumax Auto Technologies Limited from D.K. Jain & Sons (HUF), the above mentioned acquisition will be an lnter-se transfer of shares between promoters, through an off-market transaction by way of complete partition of D.K. Jain & Sons (HUF), Mr. Dhanesh Kumar Jain is Karta of the HUF.
• b) The transferor and transferee shall comply with the applicable provisions of Chapter V of SEBI (SAST) Regulations, 2011.
• c) All the applicable conditions as mentioned in Regulation 10(1) (a) of SEBI (SAST) Regulations, 2011 with respect to exemption have been duly complied with.

Yours Sincerely,

(DEEPAK JAIN) Acquirer belonging to Promoter Group

Date: 12.12.2020 Place: New Delhi

Annexure-2

DECLARATION

BSE Limited	The National Stock Exchange of India Limited
Listing & Compliance Department	Listing & Compliance Department
Phiroze Jeejeebhoy Towers,	Exchange Plaza, C-1 Block G,
Dalal Street,	Bandra Kurla Complex,
Mumbai - 400001	Bandra (E), Mumbai -400051
Target Comoanv Securitv Code : 532796	Taraet Comoanv Svmbol: LUMAXTECH

Sir/Ma'am,

I, Undersigned hereby undertake and confirm as under with respect to proposed lnter-se transfer of Equity shares in terms of Regulation 10(1 )(a)(i) & 10(1 )(a)(ii) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 and subsequent amendments thereto that:

• a) I propose to acquire 29,68,733 Equity Shares of Lumax Auto Technologies Limited from D.K. Jain & Sons (HUF), the above mentioned acquisition will be an lnter-se transfer of shares between promoters, through an off-market transaction by way of complete partition of D.K. Jain & Sons (HUF), Mr. Dhanesh Kumar Jain is Karta of the HUF.
• b) The transferor and transferee shall comply with the applicable provisions of Chapter V of SEBI (SAST) Regulations, 2011.
• c) All the applicable conditions as mentioned in Regulation 10(1) (a) of SEBI (SAST) Regulations, 2011 with respect to exemption have been duly complied with.

Yours Sincerely,

(ANMOL JAIN) Acquirer belonging to Promoter Group

Date:12.12.2020 Place: New Delhi