Peninsula Land Limited — Major Shareholding Notification 2021

Aug 27, 2021

ASHOK PIRAMAL GROUP REAL ESTATE TRUST

2 Peninsula Spenta, Mathuradas Mills Compound, Senapati Bapat Marg, Lower Parel, Mumbai-400013

Date: 27^th August, 2021

To. The Manager,

BSE Limited	National Stock Exchange of India Limited
Corporate Relationship Department,	Exchange Plaza, 5th Floor,
Phiroze Jeejeebhoy Towers,	Plot No.C/1, G Block,
Dalal Street,	Bandra-Kurla Complex, Bandra (E),
Mumbai - 400001	Mumbai - 400051
Scrip Code: 503031	Symbol: PENINLAND

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

Dear Sir/Madam,

Enclosed is the disclosure in terms of Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 for your records.

You are requested to kindly take note of the above.

frui A Priceval

Urvi Piramal Trustee of Ashok Piramal Group Real Estate Trust

CC: Peninsula Land Limited 503, 5th Floor, Peninsula Tower-1, Peninsula Corporate Park, Ganpatrao Kadam Marg, Lower Parel Mumbai - 400013

DISCLOSURE UNDER REGULATION 29(2) OF SEBI (SUBSTANTIAL ACQUISITION OF SHARES AND TAKEOVERS) REGULATION, 2011

Name of the Target Company (TC)	Peninsula Land Limited
Name(s) of the transferor and Persons acting in Concert (PAC) with the transferor	Ashok Piramal Group Real Estate Trust ('Trust')
Whether the transferor belongs to promoter / promoter group	Transferor is a promoter
Name(s) of the Stock Exchange(s)	The National Stock Exchange of India Limited (NSE) 1.
where the shares of TC are Listed	BSE Limited (BSE) 2.
Details of the transfer 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 transfer under consideration, holding of the transferor along with PAC: a) Shares carrying voting rights	16,64,10,717 (Individually) 17, 20, 24, 333 (Together with PAC)	58.17% (Individually) 61.61% (Together with PAC)	58.17% (Individually) 61.61% (Together with PAC)
b) Shares in the nature of encumbrance (pledge/lien/non disposal undertaking/ others)	NIL	NIL	NIL
c) Voting rights (VR) otherwise than by shares	NIL	NIL	NIL
d) Warrants/convertible securities/any other instrument that entitles the transferor to receive shares carrying voting rights in the TC (specify holding in each category)	NIL	NIL	NIL
e) Total $(a+b+c+d)$	17,20,24,333	61.61%	61.61%
Details of transfer: a) Shares carrying voting rights transferred	4,21,00,000	15.08%	15.08%
b) VRs transferred/sold otherwise than by shares	NIL	NIL	NIL
c) Warrants/convertible securities/any other instrument that	NIL	NIL	NIL

entitles the transferor to receive
shares carrying voting rights in the TC (specify holding in each
category) transferred/sold
d) Shares in the nature of	NIL	NIL	NIL
encumbrance (pledge/lien/non-
disposal undertaking/ others)
e) Total $(a+b+c+/-d)$	4,21,00,000	15.08%	15.08%
After the transfer, holding of
transferor along with PAC:
a) Shares carrying voting rights	12,03,10,717	43.09%	43.09%
	(Individually)	(Individually)	(Individually)
			61.61%
	17, 20, 24, 333	61.61%
	(Together with	(Together with	(Together with
	PAC)	PAC)	PAC)
b) Shares encumbered with the	NIL	NIL	NIL
acquirer
c) VRs otherwise than by shares	NIL	NIL	NIL
d) Warrants/convertible
securities/any other instrument that
entitles the transferor to receive	NIL	NIL	NIL
shares carrying voting rights in the
TC (specify holding in each
category) after transfer
e) Total $(a+b+c+d)$	17,20,24,333	61.61%	61.61%
Mode of acquisition (e.g. open		Off-market inter-se transfer between 'Qualifying
market / off-market / public issue / rights issue / preferential allotment	its beneficiary (i.e. Mrs. Urvi Piramal)	Persons' by way of distribution of shares from Trust to
Linter-se transfer-ete).
Date of transfer of/date of receipt	$26th$ August, 2021
of intimation of allotment of
shares / VR/ warrants/convertible
securities/any other instrument that
entitles the transferor to receive
shares in the TC.
Equity share capital / total voting	Rs. 55,84,02,440/-
capital of the TC before the said		(27,92,01,220 Equity shares of Rs. 2/- each)
transfer
Equity share capital/ total voting	Rs. 55,84,02,440/-
capital of the TC after the said		$(27, 92, 01, 220)$ Equity shares of Rs. 2/- each)
transfer
Total diluted share/voting capital	Rs. 55,84,02,440/-

$\mathcal{C}(\mathcal{C})$

of the TC after the said transfer	$(27, 92, 01, 220)$ Equity shares of Rs. 2/- each)

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 Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (erstwhile Clause 35 of the listing Agreement).

(**) 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.

i A Prismal

Urvi A. Piramal Trustee of Ashok Piramal Group Real Estate Trust

Place: Mumbai Date: 27^th August, 2021