Permanent Magnets Ltd. — Major Shareholding Notification 2021

Mar 30, 2021

RAMESH TAPARIA Address: 2B ND Road, 71 Nymph Mumbai 6 Email: rtaparia1949@gmail.com Contact: +91 98201 44186

Date: 30th March 2021,

To.	To.
The Bombay Stock Exchange Limited	Permanent Magnets Limited
Phiroze Jeejeebhoy Tower,	Harsh Avenue, 302, 3rd Floor, Opp Silvassa
Dalal Street, Mumbai - 400 001	Police Station, Silvassa Vapi Main Rd $^{\circ}$ Silvassa Dn $-396230$

Dear Sir,

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

Enclosed herewith disclosure under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 in respect of Disposal of 1,73,111 Equity Shares of Permanent Magnets Limited.

Kindly take the same on record.

Thanking You,

Yours Faithfully,

Ramesh Taparia

Place: Mumbai

ANNEXURE - 2 Format for disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

	Name of the Target Company (TC)	Permanent Magnets Limited
	Name(s) of the acquirer and Persons Acting in Concert (PAC) with the acquirer	Shri. Ramesh Taparia Ramesh Taparia, HUF Smt. Poornima Ramesh Taparia
	Whether the acquirer belongs to Promoter/Promoter group	No ${*}$
Listed	Name(s) of the Stock Exchange(s) where the shares of TC are		Bombay Stock Exchange (BSE Ltd.)
	Details of the aequisition / 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 under consideration, holding of:
a)	Shares carrying voting rights
	(i) Shri. Ramesh Taparia	3,41,743	3.97	3.97
	(ii) Ramesh Taparia, HUF	62,882	0.73	0.73
	(iii) Smt. Poornima Ramesh Taparia	2,60,171	3.03	3.03
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 acquirer to receive shares carrying voting rights in the T C (specify holding in each category)	NIL	NIL	NIL
e)	Total $(a+b+c+d)$	6,64,796	7.73	7.73
	Details of acquisition/sale
a)	Shares carrying voting rights acquired/sold
	(i) Shri. Ramesh Taparia	19,080	0.22	0.22
	(ii) Ramesh Taparia, HUF	30,000	0.35	0.35
	(iii) Smt. Poornima Ramesh Taparia	1,24,031	1.44	1.44
b)	VRs acquired /sold otherwise than by shares	NIL	NIL	NIL
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	NIL	NIL	NIL
d)	Shares encumbered / invoked/released by the acquirer	NIL	NIL	NIL
e)	Total $(a+b+c+/-d)$	1,73,111	2.01	2.01

Recepor

	After the acquisition/sale, holding of:
a)	Shares carrying voting rights
	(i) Shri. Ramesh Taparia	3,22,663	3.75	3.75
	(ii) Ramesh Taparia, HUF	32,882	0.38	0.38
	(iii) Smt. Poornima Ramesh Taparia	1,36,140	1.58	1.58
Shares encumbered with the acquirer b)		NIL	NIL	NIL
C)	VRs otherwise than by shares	NIL	NIL	NIL
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	NIL
e)	Total $(a+b+c+d)$	4,91,685	5.71	5.71
	Mode of acquisition / sale (e.g. open market / off-market / publie issue / rights issue / preferential allotment / inter-se transfer etc).		Open Market
	Date of acquisition / sale of shares / VR or date of receipt of intimation of allotment of shares, whichever is applicable		Separate sheet of sold shares attached as Annexure - A
	Equity share capital / total voting capital of the TC before the said acquisition / sale		Rs. 8,59,84,530/- (85,98,453 Shares of Rs. 10/- each)
	Equity share capital/ total voting capital of the TC after the said acquisition / sale		Rs. 8,59,84,530/- (85,98,453 Shares of Rs. 10/- each)
acquisition	Total diluted share/voting capital of the TC after the said	Rs. 8,59,84,530/- (85,98,453 Shares of Rs. 10/- each)

(*) 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 the LODR, 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.

{*} Note: Earlier in promoter group & now reclassified wide BSE Letter dated 08th January 2021.

$ee$ poo

Signature of the acquirer / seller / Authorised Signatory

Place: Mumbai

Date: 30.03.2021

							Annexure A
							Permanent Magnets Ltds
	Total Paid Up Share = 85,98,453 100%
		Ramesh Taparia				Ramesh Chandra Taparia [HUF]					Poornima Taparia
		3,41,743	3.97				62,882	0.73				2,60,171	3.03 Share	Balance
Date	No.of Share Sold	Share Value	Share Balance	Balance Share %	Date	No.of Share Sold	Share Value	Share Balance	Balance Share %	Date	No.of Share Sold	Share Value	Balance	Share %
22-12-2020	163	22,964	3,41,580	3.97
23-12-2020	16,254	22,75,721	3,25,326	3.78										2.99
										24-12-2020	3,114 2,243	4,34,178 2,57,057 3, 14, 413 2, 54, 814		2.96
										28-12-2020 29-12-2020	16,449	23,04,113 2,38,365		277
30-12-2020	2,663	3,72,633	3,22,663	3.75						30-12-2020	8,194	11,37,805	2,30,171	2.68
														$\omega$
										15-02-2021	5,543	8,80,814 2,24,628		2.61 2.61
										16-02-2021 17-02-2021	50 7,000	8,050 11,49,062	2,24,578 2,17,578	2.53
										18-02-2021	3,000	4,93,000	2,14,578	2.50
										19-02-2021	2,231	3,68,346 2,12,347		2.47
					22-02-2021	10	1,650	62,872.00	0.73					$\overline{\phantom{a}}$
					23-02-2021	118	19,129	62,754.00	0.73					×
					24-02-2021	500	77,500	62,254.00	0.72					$\sim$ $\overline{a}$
					25-02-2021	1,209	1,88,033	61,045.00	0.71 0.71					$\cdot$
					26-02-2021	23	3,565	61,022.00	$\sim$					$\blacksquare$
					01-03-2021	859	1,34,581	60,163.00	0.70					$\overline{\phantom{a}}$
					02-03-2021	2,000	3,13,000	58,163.00	0.68					$\overline{\phantom{a}}$
					03-03-2021	13,000	21,09,000	45,163.00	0.53					$\sim$ $\sim$
					04-03-2021	4,429	7,29,643	40,734.00	0.47 $\omega$	05-03-2021	78		13,026 2,12,269	2.47
									$\sim$	08-03-2021	1,000	1,62,526 2,11,269		2.46
									$\tilde{\phantom{a}}$	09-03-2021	10,001	16,89,673	2,01,268	2.34
									$\sim$	10-03-2021	14,312	25,67,094	1,86,956	2.17
									V.	12-03-2021	6,000	11,43,000	1,80,956	2.10
									$\overline{\phantom{a}}$	15-03-2021	13,113	26,03,989	1,67,843	1.95 1.75
					16-03-2021	7,852	18,85,284	32,882.00	0.38	16-03-2021 18-03-2021	17,672 262	38,98,373 54,640	1,50,171 1,49,909	1.74
										19-03-2021	848	1,76,507	1,49,061	1.73
										22-03-2021	3,062	6,23,992	1,45,999	1.70
										23-03-2021	3,442	6,83,473	1,42,557	1.66
										24-03-2021	1,367	2,71,423	1,41,190	1.64
									$\overline{a}$	26-03-2021	5,050	9,66,559	1,36,140	1.58 $\overline{\phantom{a}}$

Recepo