Magna Electro Castings Ltd. — Major Shareholding Notification 2021

Mar 6, 2021

Coimbatore 06.03.2021

N Muthulakshmi 45, Balasundaram Road, Coimbatore-641018

Department of Corporate Services BSE Limited Phiroze Jeejeebhoy Towers Dalal Street Mumbai-400001

The Company Secretary Magna Electro Castings Limited 43, Balasundaram Road Coimbatore-641018

Scrip Code:517449

Dear Sirs.

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

I enclose herewith Disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The Promoter and Promoters Group together with PACs held 22,25,046 (52.575%) Equity Shares of Rs.10/- each of Magna Electro Castings Limited.

I, N Muthulakshmi(Promoter) transferred 30,000 (0.709%) Equity Shares of the Company by way of Gift to my Grand Son, Sri. Ajeya Vel Narayanaswamy (Promoter Group) and there is no change in total holding of The Promoter and Promoters Group together with PACs 22,25,046 (52.575%) Equity Shares of Rs.10 each in Magna Electro Castings Limited since the transfer was effected among the promoters.

Hence, Disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, for the transfer of 30,000 (0.709%) Equity Shares of Magna Electro Castings Limited with full details of shareholdings of the Promoters pre and post transfer (Sale) of transactions are enclosed.

Thanking you,

Yours faithfully,

Muttilakehr N

N Muthulakshmi Promoter

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

Name of the Target Company (TC)	MAGNA ELECTRO CASTINGS LIMITED
Name(s) of the Seller and Persons N MUTHULAKSHMI Acting in Concert (PAC) with the acquirer.
Whether the seller belongs to Promoter/Promoter group	YES- Promoter
Name $(s)$ of the Stock Exchange(s) where the shares of TC are Listed	BSE Limited
Details of the acquisition/ 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 acquisition/ sale
under consideration, holding of:
a) Shares carrying voting rights	Seller 8,07,091 $\qquad \qquad -$ shares carrying voting rights. PACs (##) - 14,17,955 equity 33.505 shares carrying voting rights.	equity 19.071	NA
b) Shares in the nature of encumbrance(pledge/lien/non- disposal undertaking/others)	NIL	NIL	NA
c) Voting rights (VR) otherwise than by equity shares	NIL	NIL	NA
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)	NIL	NIL	NIL
Total (a+b+c+d) e)	22,25,046	52.575	NA

Multulabehri N

	Details of acquisition/sale
a)	Shares carrying voting rights sold	30,000	0.709	NA
b)	VRs acquired otherwise than by equity shares	NIL	NIL	NA
$\mathsf{c}$	Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) acquired	NIL	NIL	NA
d)	Shares encumbered/invoked released by the acquirer	NIL	NIL	NA
e)	Total (a+b+c+/-d)	30,000	0.709	NA
	After the acquisition/ sale, holding of:
	a) Shares carrying voting rights	Seller $-7,77,091$ equity shares carrying voting rights. PACs (##) - 14,47,955 equity shares carrying voting rights.	18.362 34.214	NA
	b) Shares encumbered with the acquirer	NIL	NIL	NA
c)	VRs otherwise than by shares	NIL	NIL	NA
	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	NA
e)	Total (a+b+c+d)	22,25,046	52.575	NA
Mode	of acquisition/sale (e.g. open market / off-market/public issue / rights issue preferential allotment / inter-se transfer etc.)	Off market Inter Se Transfer amongst the Promoters- (Gift).

Muthulaksham N

Date of acquisition/ sale of shares/ VR or date of receipt of intimation οf allotment of shares, whichever is applicable.	05.03.2021
Equity share capital / total voting capital of the TC before the said acquisition/sale	42,32,104 Equity shares of Rs.10/- each- Rs 4,23,21,040
Equity share capital/ total voting capital of the TC after the said acquisition/sale	42,32,104 Equity shares of Rs.10/- each- Rs 4,23,21,040
Total diluted share/voting capital of the TC after the said acquisition/sale	NA

List of Promoters/ Promoter Group of the Target Company holdings are enclosed.

Note:

(*) Total share capital/ voting capital to be taken as per the latest filing done by the company to the Stock Exchange under Regulation 31 of SEBI ( Listing Obligations and Disclosure Requirements) Regulation, 2015

(**) Diluted share/voting capital means the total number of shares in the TC assuming full conversion of the outstanding convertible securities/warrants into equity shares of the TC.

Meethilakehr n

Signature of the Promoter (Seller/ Transferor) N Muthulakshmi

Place: Coimbatore Date: 06.03.2021

MAGNA ELECTRO CASTINGS LIMITED

LIST OF PROMOTER/PROMOTER GROUP/PACs WITH DETAILS OF HOLDINGS AS ON 05.03.2021

S.No.	Name of the Shareholder	Holdings before Inter-Se Transfer		Transfer on or after 05.03.2021		Holdings after Inter Se
						Transfer
		No. of Shares of	% of Holdings	No. of Shares of	% of Holdings	No. of Shares	l% of
		Rs.10/- each		Rs.10/-each		of Rs.10/- each Holdings
ΙA	PROMOTER/PROMOTER GROUP
	N KRISHNASAMARAJ (HUF)	770000	18.194			7700001	18.194
	NIVEDITA LAKSHMI NARAYANASWAMY	230000	5.435			230000	5.435
3	IRANGANAYAKI N	195000	4.608			195000	4.608
4	IN MUTHULAKSHMI	807091		19.071 - (30000)	(0.709)	777091	18.362
5	laditya vijayakumar	55255	1.306			55255	1.306
16	KRISHNASAMRAJ N	77000	1.819			77000	1.819
	VIJAYAKUMAR VENKATKUMAR	45000	1.063			45000	1.063
8	lMAHITHA VIJAYAKUMAR	22600	0.534			22600	0.534
9	JANARDHANA NAIDU VIJAYAKUMAR	10100	0.239			10100	0.239
10	AJEYA VEL NARAYANASWAMY	13000		$0.307 + (30000)$	0.709	43000	1.016
	TOTAL	2225046	52.575			2225046	52.575

Multulaksha . N

N Muthulakshmi Promoter

Coimbatore 06.03.2021