Permanent Magnets Ltd. — Major Shareholding Notification 2021

Mar 26, 2021

Anupkumar Taparia 1501, Shilp Bldg, Pandurang Budhkar Marg, Lower Parel, Mumbai - 400013 E-mail: anup@taparia.com

To.	To.
The Bombay Stock Exchange Limited	Permanent Magnets Limited
PhirozeJeejeebhoy Tower,	1 Harsh Avenue, 302, 3 rd Floor, Opp Silvassa
Dalal Street, Mumbai - 400 001	1 Police Station, Silvassa Vapi Main Rd
	$\frac{1}{2}$ 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 by way of Gift deed executed on 26^th March, 2021.

Kindly take the same on record and acknowledged the receipt.

Thanking You,

Yours Faithfully,

شلصيل $A^{\sigma}$

Anupkumar Taparia Place: Mumbai

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

	Permanent Magnets Limited Name of the Target Company (TC)
Name(s) of the Acquirer/ Seller and Persons Acting in Concert (PAC) with the acquirer		Shri. Anupkumar 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. Anupkumar Taparia	185040	2.15	2.15
b)	Shares in the nature of encumbrance (pledge/lien/non- disposal undertaking/others)	Not Applicable	Not Applicable	Not Applicable
$\mathbf{c}$	Voting rights (VR) 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)	Not Applicable	Not Applicable	Not Applicable
e)	Total $(a+b+c+d)$	185040	2.15	2.15
	Details of acquisition/sale
a)	Shares carrying voting rights acquired/sold Shri. Anupkumar Taparia	1520	0.02	0.02
$\mathbf{b}$	VRs acquired /sold otherwise than by shares	Not Applicable	Not Applicable	Not Applicable
$\mathbf{c}$	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	Not Applicable	Not Applicable	Not Applicable
$\rm d$	Shares encumbered / invoked/released by the acquirer	Not Applicable	Not Applicable	Not Applicable
e)	Total $(a+b+c+/-d)$	1520	0.02	0.02

	After the acquisition/sale, holding of:
a)	Shares carrying voting rights Shri. Anupkumar Taparia	186560	2.17	2.17
b)	Shares encumbered with the acquirer	Not Applicable	Not Applicable	Not Applicable
c) d)	VRs otherwise than by shares Warrants/convertible securities/any other instrument that	Not Applicable	Not Applicable	Not Applicable
acquisition	entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) after	Not Applicable	Not Applicable	Not Applicable
e)	Total $(a+b+c+d)$	186560	2.17	2.17
Mode of acquisition / sale (e.g.open market / off-market / public issue / rights issue / preferential allotment / inter-se transfer etc).		Transfer of Shares by way of gift to the Acquirer as per terms of Gift Deed executed on 26-03-2021 by the Transferor
	Date of acquisition / sale of shares / VR or date of receipt of intimation 26-03-2021 being date of execution of the Gift deed. of allotment of shares, whichever is applicable
Equity share capital / total voting capital of the TC before the said acquisition / sale		Rs. 8,59,84,530/- consisting of 8598453 Equity Shares of Rs. 10/- each, all with equal voting rights.
Equity share capital/ total voting capital of the TC after the said acquisition /sale		Rs. 8,59,84,530/- consisting of 8598453 Equity Shares of Rs. 10/- each, all with equal voting rights.
	Total diluted share/voting capital of the TC after the said acquisition	Shares of Rs. 10/- each, all with equal voting rights.		Rs. 8,59,84,530/- consisting of 8598453 Equity

(*) 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/Transferor are part of the Promoter and Promoter Group. The aggregate holding of Promoter and Promoter Group before and after the above transfer, shall remain the same.

Aoulsari

Anupkumar Taparia

Place: Mumbai Date: 26-03-2021