Permanent Magnets Ltd. — Major Shareholding Notification 2022

Dec 27, 2022

Mukul Taparia 102, Vastushilp Building, Gamadia Colony, Tardeo, Next To Aditya Birla, Mumbai – 400007

Date : 23[rd] December, 2022

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 Gift of Shares from other Promoter Group.

Kindly take the same on record and acknowledged the receipt.

Thanking You,

Yours Faithfully,

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Mukul 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. Mukul 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. Mukul 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)				998129 Not Applicable Not Applicable Not Applicable 998129	11.61 Not Applicable Not Applicable Not Applicable 11.61	11.61 Not Applicable Not Applicable Not Applicable 11.61
Details of acquisition~~/sale~~ a) Shares carrying voting rights acquired~~/sold~~ Shri. Mukul 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)				29394 Not Applicable Not Applicable Not Applicable 29394	0.34 Not Applicable Not Applicable Not Applicable 0.34	0.34 Not Applicable Not Applicable Not Applicable 0.34

	After the acquisition~~/sale~~, holding of: a) Shares carrying voting rights Shri. Mukul 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 Shri. Mukul 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)	1027523 Not Applicable Not Applicable Not Applicable 1027523	11.95 Not Applicable Not Applicable Not Applicable 11.95	11.95 Not Applicable Not Applicable Not Applicable 11.95
	Mode of acquisition /~~sale~~(e.g.~~open market~~/ off-market /~~public issue~~ ~~/ rights issue / preferential allotment~~/ inter-se transfer etc).		Off-Market Transaction – Gift of Shares
	Date of acquisition /~~sale of shares / VR or date of receipt of intimation~~ ~~of allotment of shares,~~whichever is applicable	~~l f hr / VR r dt f rit f intimtin~~	22ndDecember, 2022
	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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Mukul Taparia

Place: Mumbai Date: 23.12.2022