MANAKSIA LIMITED — Major Shareholding Notification 2021

Jun 18, 2021

Date: 18.06.2021

From. Varun Agrawal, 391 S N Roy Road, Kolkata-700038

To, BSE Limited P.J. Towers, Dalal Street, Mumbai - 400 001

To,

National Stock Exchange of India Limited, Exchange Plaza, C-, Block-G, Bandra Kurla Complex, Bandra (E), Mumbai-400051

Sub: Information under regulation 10(5) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

Re: Acquisition of shares from Mr. Mahabir Prasad Agrawal, Mrs. Kanta Devi Agrawal and Mr. Anirudha Agrawal by Mr. Varun Agrawal and Mr. Vineet Agrawal, all forming part of the Promoter Group of Manaksia Limited through market purchase.

With reference to the above, please find enclosed herewith the details of acquisition of shares from Mr. Mahabir Prasad Agrawal, Mrs. Kanta Devi Agrawal and Mr. Anirudha Agrawal by Mr. Varun Agrawal and Mr. Vineet Agrawal, all forming part of the Promoter Group of Manaksia Limited through market purchase as detailed in the prescribed format attached herewith.

This is for your information and record.

Thanking you.

Varun Agrawal (on behalf of Self, other Acquirer and other members of the promoter group)

Encl: as stated

Format for Disclosures under Regulation 10(5) - Intimation to Stock Exchanges in respect of acquisitionunder Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

1.	Name of the Target Company (TC)	MANAKSIA LIMITEDNSE Symbol: MANAKSIABSE Script Code: 532932
2.	Name of the Acquirers	1. MR. VARUN AGRAWAL2. MR. VINEET AGRAWAL
3.	Whether the acquirer(s) is/ are promotersof the TC prior to the transaction. If not,nature of relationship or association withthe TC or its promoters	Yes, the Acquirers form the part of the Promoter Group ofthe Company
4.	Details of the proposed acquisition
	a. Name of the person(s) from whomshares are to be acquired	MR. MAHABIR PRASAD AGRAWAL1.MRS, KANTA DEVI AGRAWAL2.MR. ANIRUDHA AGRAWAL3.
	Proposed date of acquisitionb.	On or after 25 th June, 2021
	Number of shares to be acquired fromC.each person mentioned in 4(a) above	1. Mr. Mahabir Prasad Agrawal- 5448245 equity shares2. Mrs. Kanta Devi Agrawal- 482060 equity shares3. Mr. Anirudha Agrawal - 1374560 equity shares(detailed in Annexure A)
	d. Total shares to be acquired as % ofshare capital of TC	11.1467%
	Price at which shares are proposed toe.be acquired	As per the prevailing market price as on the date ofacquisition
	Rationale, if any, for the proposedf.transfer	Inter se transfer amongst promoter and promoter group withconsideration at market price
5.	Relevant sub-clause of regulation 10(1)(a)under which the acquirer is exempted frommaking open offer	Regulation 10(1)(a)(ii) of SEBI (SAST) Regulations, 2011
6.	If, frequently traded, volume weightedaverage market price for a period of 60trading days preceding the date ofissuance of this notice as traded on thestock exchange where the maximumvolume of trading in the shares of the TCare recorded during such period.	Rs. 59.12 per share at National Stock Exchange of IndiaLimited, Stock Exchange where the maximum volume oftrading in the shares of the TC are recorded during suchperiod of 60 trading days
7.	If in-frequently traded, the priceasdetermined in terms of clause (e) ofsub-regulation (2) of regulation 8.	Not Applicable
8.	Declaration by the acquirer, that theacquisition price would not be higher bymore than 25% of the price computed inpoint 6 or point 7 as applicable.	The acquisition will be made through block deal/marketpurchase through stock exchange at market price and theacquisition price would not be higher by more than 25% ofthe price computed in point 6.

$\cdot$

Agger

9.	Declaration by the acquirer, that the(i)transfereehaveandtransferorcomplied (during 3 years prior to thedate of proposed acquisition) / willcomply with applicabledisclosurerequirements in Chapter V of the2011Regulations,Takeover(corresponding provisions of therepealed Takeover Regulations 1997)	Yes. The Acquirers hereby declare that that the transferorsand transferees have complied (during 3 years prior to thedate of proposed acquisition)/ will comply with applicabledisclosure requirements in Chapter V of the TakeoverRegulations, 2011(corresponding provisions of the repealedTakeover Regulations 1997) as applicable.
	The aforesaid disclosures made during(ii)previous 3 years prior to the date ofproposed acquisition to be furnished	The Acquirers agree to furnish / submit the aforesaiddisclosures made during previous 3 years prior to the date ofproposed acquisition.
10.	Declaration by the acquirer that all theconditions specified under regulation10(1)(a) with respect to exemptions hasbeen duly complied with.		to exemptions has been duly complied with.	Yes. The Acquirers hereby declare that that all theconditions specified under regulation 10(1)(a) with respect
11.	Shareholding details	Before theproposedtransaction		After theproposedtransaction
ť$\langle \cdot \cdot \rangle$		No. ofshares/votingRights	% w.r.ttotalsharecapital ofTC	No. ofshares/votingRights	% w.r.ttotalsharecapital ofTC
	and PACs (other thanAcquirer(s)$\overline{\phantom{a}}$sellers)(*)	41801075	63.7853	49105940	74.9319
	Seller (s)	7304865	11.1467	$\circ$	0.0000

Note:

(*) Shareholding of each entity may be shown separately and then collectively in a group.

The above disclosure shall be signed by the acquirer mentioning date & place. In case, there is more than one acquirer, the report shall be signed either by all the persons or by a person duly authorized to do so on behalf of all the acquirers.

Varun Agrawal (for an on behalf of self, other Acquirer and other members of the promoter group)

Date: 18-06-2021 Place: Kolkata

Manaksia Limited							Annexure - A
Shareholding Details			Inter Se Transfer
	Before proposed trasaction		Proposed Sale on or after25.06.2021		Proposed Acquisition on orafter 25.06.2021		After proposed transaction
Category	No. ofshares	$\frac{1}{2}$	No. ofshares	$\frac{9}{4}$	No. ofshares	$\frac{9}{4}$	No. of shares	$\frac{1}{2}$
Acquirers
Vineet Agrawal	5641245	8.6081%	٠	$\blacksquare$	2000000	3.0518%	7641245	11.6600%
Varun Agrawal	5141245	7.8452%	ü	$\alpha$	5304865	8.0948%	10446110	15.9400%
Sellers
Mahabir Prasad Agrawal	5448245	8.3136%	5448245	8.3136%		٠	$\mathbf 0$	0.0000%
Anirudha Agrawal	1374560	2.0975%	1374560	2.0975%	ν	ä.	$\bf{0}$	0.0000%
Kanta Devi Agrawal	482060	0.7356%	482060	0.7356%	$\overline{a}$	à.	$\Omega$	0.0000%
Persons Acting in Concert
Manaksia Steels Limited	4000000	6.1037%					4000000	6.1037%
Vajra Machineries Private Limited	3850000	5.8748%					3850000	5.8748%
Suresh Kumar Agrawal	6177740	9.4268%					6177740	9.4268%
Anuradha Agrawal	4066000	6.2044%					4066000	6.2044%
Basudeo Agrawal	2275115	3.4717%					2275115	3.4717%
Karan Agrawal	1797185	2.7424%					1797185	2.7424%
Sunil Kumar Agrawal	1616060	2.4660%					1616060	2.4660%
Shobha Devi Agrawal	1305560	1.9922%					1305560	1.9922%
Chandrakala Agrawal	1244810	1.8995%					1244810	1.8995%
Sushil Kumar Agrawal	852875	1.3014%					852875	1.3014%
Payal Agrawal	850685	1.2981%					850685	1.2901%
Shailaja Agrawal	497810	0.7596%					497810	0.7596%
Manju Agrawal	487125	0.7433%					487125	0.7433%
Basudeo Agrawal (HUF)	464060	0.7081%					464060	0.7081%
Mahabir Prasad Agrawal (HUF)	464060	0.7081%					464060	0.7081%
Sunil Kumar Agrawal (HUF)	393750	0.6008%					393750	0.6008%
Sushil Kumar Agrawal (HUF)	338250	0.5161%					338250	0.5161%
S.K.Agarwal & Sons Huf	337500	0.5150%					337500	0.5150%
Total Promoters' holding	49105940	74.9319%	7304865	11.1467%	7304865	11.1467%	49105940	74.9319%
Varun Agrawal
(on behalf of self, other acquirer and other members of promoter group)
Date: 18.06.2021				×
Place: Kolkata