Permanent Magnets Ltd. — Major Shareholding Notification 2023

Apr 25, 2023

MUKUL JAIPRAKASH TAPARIA

102, Vastushilp Building, 1[st] Floor, Gamadia Colony, Next To Aditya Birla World Academy, Tardeo, Grant Road, Mumbai 400007 E-mail: mukul.taparia@pregna.com

Date : 25[th] April, 2023

To, To, The Bombay Stock Exchange Limited Permanent Magnets Limited Phiroze Jeejeebhoy Tower, Corporate Office - Plot No. B3, MIDC, Dalal Street, Mumbai - 400001 Mira Gaon, Mira Road (East), Thane - 401107

Dear Sir/Madam,

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 interse transfer/ transmission of 3,35,389 equity shares (3.90 %) by way of off market transaction resulting from will left behind by late Mr. Shyamsunder Taparia, Promoter of the Target Company.

Kindly take above information on your record.

Thanking You,

Yours Faithfully,

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Mukul 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)	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		Mr. Mukul Jaiprakash 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~~ ~~u~~nder consideration, holding of acquirer along with PACs of : a) Shares carrying voting rights Mr. Mukul Jaiprakash 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)				10,27,523 Not Applicable Not Applicable Not Applicable 10,27,523	11.95% Not Applicable Not Applicable Not Applicable 11.95%	11.95% Not Applicable Not Applicable Not Applicable 11.95%
Details of acquisition/~~sale~~ a) Shares carrying voting rights acquired/~~sold~~ Mr. Mukul Jaiprakash 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)				3,35,389 Not Applicable Not Applicable Not Applicable 3,35,389	3.90% Not Applicable Not Applicable Not Applicable 3.90%	3.90% Not Applicable Not Applicable Not Applicable 3.90%

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After the acquisition/ sale, holding of:
a) Shares carrying voting rights
Mr. Mukul Jaiprakash Taparia 13,62,912 15.85% 15.85%
Not Applicable Not Applicable Not Applicable
b) Shares encumbered with the acquirer
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 Not Applicable Not Applicable Not Applicable
in the TC (specify holding in each category) after
acquisition
e) Total (a+b+c+d) 13,62,912 15.85% 15.85%
Mode of acquisition / sale (e.g. open market / off-market / public Off-market Inter-se transaction due to Transmission.
(Resulting from a Will left behind by Late Mr.
issue / rights issue / preferential allotment / inter-se transfer etc).
Shyamsunder Taparia)
24 [th] April, 2023
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 said
Shares of Rs. 10/- each, all with equal voting rights.
acquisition / sale
Rs. 8,59,84,530/- consisting of 8598453 Equity
Equity share capital/ total voting capital of the TC after the said
Shares of Rs. 10/- each, all with equal voting rights.
acquisition / sale
Rs. 8,59,84,530/- consisting of 8598453 Equity
Total diluted share/voting capital of the TC after the said acquisition
Shares of Rs. 10/- each, all with equal voting rights.
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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.

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Mukul Taparia

Place: Mumbai Date: 25.04.2023