Permanent Magnets Ltd. — Major Shareholding Notification 2021

Mar 26, 2021

Ritu Taparia

1501, Shilp Bldg, Pandurang Budhkar Marg, Lower Parel, Mumbai - 400013

Date : 26[ th] March, 2021

To, The Bombay Stock Exchange Limited Phiroze Jeejeebhoy Tower, Dalal Street, Mumbai - 400 001

To, Permanent Magnets Limited Harsh Avenue, 302, 3[rd] Floor,OppSilvassa Police Station, Silvassa Vapi Main Rd SilvassaDn- 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 disposal of 1520 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,

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Ritu Taparia

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)	Permanent Magnets Limited	Permanent Magnets Limited
Name(s) of the~~Acquirer/~~Seller and Persons Acting in Concert (PAC) with the acquirer			Smt. Ritu 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) Smt. Ritu 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)			1520 Not Applicable Not Applicable Not Applicable 1520	0.02 Not Applicable Not Applicable Not Applicable 0.02	0.02 Not Applicable Not Applicable Not Applicable 0.02
Details of~~acquisition/~~sale a) Shares carrying voting rights~~acquired~~/sold Smt. Ritu 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)			1520 Not Applicable Not Applicable Not Applicable 1520	0.02 Not Applicable Not Applicable Not Applicable 0.02	0.02 Not Applicable Not Applicable Not Applicable 0.02

	After the~~acquisition/~~sale, holding of: a) Shares carrying voting rights Smt. Ritu Taparia b) Shares encumbered with the acquirer c) VRs 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) after acquisition e) Total (a+b+c+d)	After the~~acquisition/~~sale, holding of: a) Shares carrying voting rights Smt. Ritu Taparia b) Shares encumbered with the acquirer c) VRs 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) after acquisition e) Total (a+b+c+d)	0 Not Applicable Not Applicable Not Applicable 0	0 Not Applicable Not Applicable Not Applicable 0	0 Not Applicable Not Applicable Not Applicable 0
	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.
	Date of~~acquisition~~/ sale of shares / ~~of allotment of shares,~~whichever is	~~VR r dt f rit f intimtin~~	26-03-2021 being date of execution of the Gift deed.
		~~o ae o ecep o ao~~ 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		Rs. 8,59,84,530/- consisting of 8598453 Equity Shares of Rs. 10/- each, all with equal voting rights.

(*) 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.

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Ritu Taparia

Date: 26-03-2021

Dear Sir/Madam,

With reference to above said matter, enclosed herewith the disclosure in compliance with the Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Kindly take the same on record and acknowledge the receipt.

Thanking You,

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Yours Faithfully, Ritu Taparia