Mangalam Cement Ltd. — Major Shareholding Notification 2019

Mar 27, 2019

CYGNET INDUSTRIES LIMITED

CIN: U74900WB2015PLC206720 8^th Floor, Birla Building, 9/1 R. N Mukherjee Road, Kolkata 700001 Ph.: +91 33 22435453

Date: 27.03.2019

National Stock Exchange of India Limited Exchange Plaza, Plot No. C/1, G Block, Bandra Kurla Complex, Bandra East, Mumbai - 400 051

BSE Limited Phiroze Jeejeebhoy Towers Dalal Street, Mumbai - 400 001

Dear Sirs/Madam,

Please find enclosed hereto declaration in Annexure-A in compliance of Regulation 31(1) and 31(2) of the Securities & Exchange Board of India (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 [SEBI (SAST-Regulation 2011)], in connection with release of pledge on shares of Mangalam Cement Limited.

Please acknowledge the receipt.

Thanking You Yours faithfully, For Cygnet Industries Limited

Hanules

Authorised Signatory

CC: Mangalam Cement Limited Monark, Dist. Kota (Rajasthan), Adityanagar - 326520

$ANNEXURE - 1$

Format for disclosure by the Promoter(s) to the stock exchanges and to the Target Company for encumbrance of shares / invocation of encumbrance/release of encumbrance, in terms of Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

Name of the Target Company(TC)					Mangalam Cement Limited
Names of the stock exchanges where the shares of the target company are listed							BSE Limited
							National Stock Exchange of India Limited
Date of reporting							27.03.2019
Name of the promoter or PAC on whose shares encumbrance has been							Cygnet Industries Limited
ereated/released/invoked
Details of the creation of encumbrance:
Name of	Promoter Promoter							Details of events pertaining to encumbrance (3)					Post event
the	holding in the		holding already									holding of
promoter	target company		encumbered $(2)$									encumbered
$(s)$ or	(1)											shares {creation}
PACs											$[(2)+(3)]/$
with												release $[(2)-(3)]$
him*												/ invocation
												$[(1)-(3)]$
	Number	$%$ of	Number	$%$ of	Type of	Date of	Type of	Reasons for	Number	$%$ of	Name of	Number	$%$ of
		total		total	event	ereation /	encumbrance	encumbranc		share	the entity in		total
		share		share	(ereation/	release /	$(pledge/$ lien/			capital	whose		share
		capital		capital	release /	invocation of	non disposal	**			favor shares		capital
					invocation)	encumbrance	undertaking/				encumbered
							others)				***
Cygnet	8,00,000	3.00	8,00,000	3.00	Release	26.03.2018	Pledge	Collateral to $6,73,000$		2.52	The Lakshmi	1,27,000	0.48
Industries								the Loan			Vilas Bank
Limited											Limited

For Cygnet Industries Limited $#$ Panulia

Authorised Signatory

Place: Kolkata Date: 27.03.2019 *The names of all the promoters, their shareholding in the target company and their pledged shareholding as on the reporting date should appear in the table irrespective of whether they are reporting on the date of event or not.

** For example, for the purpose of collateral for loans taken by the company, personal borrowing, third party pledge, etc.

*** This would include name of both the lender and the trustee who may hold shares directly or on behalf of the lender.