Permanent Magnets Ltd. — Major Shareholding Notification 2021

Aug 30, 2021

Sharad Taparia Flat No.102, Vastu Shilp, Gamadia Colony Road, Mumbai 400007

Ganga Jamuna Cinema, Grant Road, Tardeo,

Date : 30[th] August, 2021

To, To, The Bombay Stock Exchange Limited Permanent Magnets Limited Phiroze Jeejeebhoy Tower, Harsh Avenue, 302, 3[rd] Floor, Opp Silvassa Dalal Street, Mumbai - 400 001 Police Station, Silvassa Vapi Main Rd Silvassa, Dn- 396230

Dear Sir,

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

Enclose herewith disclosure under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 in respect of acquisition of Shares from other Promoter Group.

Kindly take the same on record and acknowledged the receipt.

Thanking You,

Yours Faithfully,

Sharad Taparia

Place: Mumbai

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

Name of the Target Company (TC)	Name of the Target Company (TC)	Name of the Target Company (TC)	Name of the Target Company (TC)	Permanent Magnets Limited	Permanent Magnets Limited
Name(s) of the Acquirer/ (PAC) with the acquirer		~~Seller~~ and Persons Acting in Concert		Shri. Sharad Taparia
Whether the acquirer	/~~seller~~ belongs to Promoter/Promoter group			Yes
Name(s) of the Stock Exchange(s) where the shares of TC are Listed				BSE Ltd.
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 acquirer along with PACs of : a) Shares carrying voting rights i) Shri. Sharad Taparia b) Shares in the nature of encumbrance (pledge/ lien/ non- disposal undertaking/others) c) Voting rights (VR) otherwise than by shares 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) e) Total (a+b+c+d)				1002560 Not Applicable Not Applicable Not Applicable 1002560	11.66 Not Applicable Not Applicable Not Applicable 11.66	11.66 Not Applicable Not Applicable Not Applicable 11.66
Details of acquisition/~~sale~~ a) Shares carrying voting rights acquired/~~sold~~ Shri. Sharad Taparia b) VRs acquired /sold otherwise than by shares 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/sold d) Shares encumbered / invoked/released by the acquirer e) Total (a+b+c+/-d)				13000 Not Applicable Not Applicable Not Applicable 13000	0.15 Not Applicable Not Applicable Not Applicable 0.15	0.15 Not Applicable Not Applicable Not Applicable 0.15

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After the acquisition/ sale, holding of:
a) Shares carrying voting rights
Shri. Sharad Taparia 1015560 11.81 11.81
b) Shares encumbered with the acquirer
Not Applicable Not Applicable Not Applicable
c) VRs otherwise than by shares
Not Applicable Not Applicable Not Applicable
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 Not Applicable Not Applicable Not Applicable
acquisition
e) Total (a+b+c+d) 1015560 11.81 11.81
Mode of acquisition / sale (e.g.open market / off-market / public issue Open Market Transaction (i.e through Stock
Exchange within inter-se transfer)
/ rights issue / preferential allotment / inter-se transfer etc).
Date of acquisition / sale of shares / VR or date of receipt of intimation 20 [th] August, 2021 – 6500 Shares
of allotment of shares, whichever is applicable 27 [th] August, 2021 – 6500 Shares
Rs. 8,59,84,530/- consisting of 8598453 Equity
Equity share capital / total voting capital of the TC before the said
Shares of Rs. 10/- each, all with equal voting rights.
acquisition / sale
Rs. 8,59,84,530/- consisting of 8598453 Equity
Equity share capital/ total voting capital of the TC after the said
Shares of Rs. 10/- each, all with equal voting rights.
acquisition /sale
Rs. 8,59,84,530/- consisting of 8598453 Equity
Total diluted share/voting capital of the TC after the said acquisition
Shares of Rs. 10/- each, all with equal voting rights.
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(*) Total share capital/ voting capital to be taken as per the latest filing done by the company to the Stock Exchange under Listing Regulations.

(**) 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.

The Acquirer and Seller are part of the Promoter and Promoter Group. The aggregate holding of Promoter and Promoter Group before and after the above transaction, shall remain the same.

Sharad Taparia

Place: Mumbai Date: 30-08-2021