Permanent Magnets Ltd. — Major Shareholding Notification 2022

Jun 30, 2022

Sharad Taparia

102, Vastushilp 1[st] Floor, Gamadia Colony Road, Tardeo, Mumbai – 400007

E-mail : sjtaparia@pmlindia.com

Date : 30[th] June, 2022

To, To, The Bombay Stock Exchange Limited Permanent Magnets Limited PhirozeJeejeebhoy 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 connection with the transfer of 1385 Shares (0.016%) in off market transaction pursuant to dissolution of Jaiprakash Taparia HUF.

The Shares have been transferred by way of dissolution of HUF from amongst the Promoters and Promoter Group.

Kindly take the same on record and acknowledged the receipt.

Thanking You,

Yours Faithfully,

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Sharad Taparia

Place: Mumbai

Disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) 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			Sharad Taparia
Whether the acquirer group	/~~seller~~ belongs to Promoter/Promoter		Yes
Name(s) of the Stock areListed	Exchange(s) where the shares of TC		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 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)			1035688 Not Applicable Not Applicable Not Applicable 1035688	12.05 Not Applicable Not Applicable Not Applicable 12.05	12.05 Not Applicable Not Applicable Not Applicable 12.05
Details of acquisition/~~sale~~ a) Shares carrying voting rights acquired/~~sold~~ 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~~			1385 Not Applicable Not Applicable	0.016 Not Applicable Not Applicable	0.016 Not Applicable Not Applicable

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d) Shares encumbered / invoked/released by the
acquirer Not Applicable Not Applicable Not Applicable
1385 0.016 0.016
e) Total (a+b+c+/-d)
After the acquisition/ sale , holding of:
a) Shares carrying voting rights
1037073 12.06 12.06
Sharad Taparia
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 Not Applicable Not Applicable Not Applicable
holding in each category) after acquisition
e) Total (a+b+c+d) 1037073 12.06 12.06
Mode of acquisition / sale (e.g .open market / off-market / Interse Transfer among Promoters and Promoter
public issue / rights issue / preferential allotment / inter-se group since the shares are being acquired through
dissolution of HUF without any consideration.
transfer etc).
29-06-2022
Date of acquisition / sale of shares / VR or date of receipt of
intimation of allotment of shares, whichever is applicable
Rs. 8,59,84,530/- consisting of 8598453 Equity
Equity share capital / total voting capital of the TC before the
Shares of Rs. 10/- each, all with equal voting rights.
said acquisition / sale
Rs. 8,59,84,530/- consisting of 8598453 Equity
Equity share capital/ total voting capital of the TC after the
Shares of Rs. 10/- each, all with equal voting rights.
said acquisition /sale
Rs. 8,59,84,530/- consisting of 8598453 Equity
Total diluted share/voting capital of the TC after the said
Shares of Rs. 10/- each, all with equal voting rights.
acquisition
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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/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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Sharad Taparia

Place: Mumbai Date: 30-06-2022