Polychem Ltd — Major Shareholding Notification 2022

Jun 22, 2022

POLYCHEM LIMITED

CIN: L24100MH1955PLC009663

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REGD. OFFICE: 7. JAMSHEDJI TATAROAD. CHURCHGATE RECLAMATION. MUMBAI-400 020 Ph: 022 - 2282 0048, Fax: 022 - 2285 0606

E-mail: polychemltd@kilachand.com , Website: www.polychemltd.com

To, Date: 22nd June, 2022

Bombay Stock Exchange Ltd. Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001

Scrip Code : 506605

Dear Sir/Madam,

Sub : Disclosure of inter-se transfer of shares amongst certain members of the promoter and promoter group of Polychem Limited (“Company”) in accordance with Regulation 10(6) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

With reference to captioned subject, we would like to inform that the Company has received an intimation regarding inter-se transfer of shares on 21[st] June, 2022 amongst certain members of the promoter and promoter group of the Company.

The details of the same are as set out below:

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Name of Seller Acquirer No. of Equity % of
Shares of Rs Shareholding
Mr. Parthiv Mr. Nandish 10/- each
T. Kilachand T. Kilachand transferred
(i) Virsun Investments 19,000 19,000 38,000 9.40%
Private Limited
(ii) Ginners & Pressers 2,500 2,500 5,000 1.24%
Limited
Total 21,500 21,500 43,000 10.64%
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This being an "inter-se" transfer of shares amongst certain members of the promoter and promoter group, such inter-se transfer falls within the exemption under Regulation 10(1)(a)(ii) provided under SEBI (SAST) Regulations, 2011. The aggregate holding of the promoter and promoter group before and after the above inter -se transactions remains the same.

You are requested to kindly take this on record.

Yours faithfully,

For POLYCHEM LIMITED

DEEPALIBEN Digitally signed by DEEPALIBEN VISHAL VISHAL CHAUHAN CHAUHAN Date: 2022.06.22 17:35:35 +05'30'

(Deepali V Chauhan)

Company Secretary & Compliance Officer Mem No. A38273

BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001

To, Company Secretary & Compliance Officer Polychem Limited 5[th] Floor, Oriental House, 7 Jamshedji Tata Road, Churchgate, Reclamation, Mumbai – 400 020.

Dear Sir/Madam,

Sub : Report under Regulation 10(6) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (“SEBI (SAST) Regulations”)

Kindly find enclosed herewith the report as required under Regulation 10(6) of the SEBI (SAST) Regulations pertaining to the inter-se transfer of 43,000 equity shares of Rs 10/- each of Polychem Limited i.e., 10.64% shares on 21[st] June, 2022 among certain members of the promoter and promoter group of Polychem Limited (Scrip code: 506605).

You are requested to kindly take this on record.

Yours faithfully,

PARTHIV Digitally signed by PARTHIV TANIL TANIL KILACHAND KILACHAND Date: 2022.06.22 17:31:07 +05'30'

NANDISH Digitally signed by NANDISH TANIL TANIL KILACHAND KILACHAND Date: 2022.06.22 17:32:26 +05'30'

(Parthiv. T. Kilachand) (Nandish. T. Kilachand)

Encl : As above

– Format for Disclosures under Regulation 10(6) Report to Stock Exchanges in respect of any acquisition made in reliance upon exemption provided for in Regulation 10 of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

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1. Name of the Target Company (TC) Polychem Limited
2. (i) Parthiv T Kilachand
Name of the acquirer(s)
(ii) Nandish T Kilachand
3. Name of the stock exchange where shares Bombay Stock Exchange Limited
of the TC are listed
4. Details of the transaction including rationale, Inter se Transfer of 43,000 equity Shares of Rs
if any, for the transfer/ acquisition of shares. 10/- each from Virsun Investments Pvt Ltd
(38,000 equity shares) and Ginners and Pressers
Limited (5,000 equity shares).
5. Relevant regulation under which the acquirer 10 (1) (a) (ii)
is exempted from making open offer.
6. Whether disclosure of proposed acquisition Yes
was required to be made under regulation
10 (5) and if so,
 Whether disclosure was made and Yes
whether it was made within the timeline
specified under the regulations.
 Date of filing with the stock exchange. 14 [th ] June, 2022
7. Details of acquisition Disclosures Actual
made/required to be
made under
regulation 10(5)
1. Virsun 1. Virsun Investments
Investments Private Private Limited
Limited 2.Ginners & Pressers
a. Name of the transferor / seller 2. Delmar Trading Limited
Company Private
Limited
3.Ginners &
Pressers Limited
On or after 21.06.2022
b. Date of proposed acquisition
21.06.2022
c. Number of shares/ voting rights in
respect of the acquisitions from 43,000 Equity Shares
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persons mentioned in 7(a) above
Seller
(Virsun Investments Private Limited – 38,000)
(Ginners & Pressers Limited – 5,000)
Acquirer
(1. Mr. Parthiv T Kilachand – 21,500)
(2. Mr. Nandish T. Kilachand – 21,500)
d. Total shares proposed to be acquired /
actually acquired as a % of diluted 43,600 Equity 43,000 Equity Shares
share capital of TC Shares (10.79%) (10.64%)
e. Price at which shares are proposed to On Market (At Mr. Parthiv T. Kilachand
be acquired / actually acquired Prevailing Market acquired 19,000 equity
Price. shares @ Rs 542/-
And 2,500 equity shares
@ Rs 540/-
Mr. Nandish T. Kilachand
acquired 19,000 equity
shares @ Rs 542.50/-
And 2,500 equity shares
@ Rs 542/-
8. Shareholding details Pre-Transaction Post-Transaction
No. of % w.r.t. No. of shares % w.r.t.
shares to total held to total
held share share
capital capital
of TC of TC

Each Acquirer / Transferee()
Mr. Parthiv T Kilachand 11,627 2.88% 33,127 8.20%
32,335 8.00%
Mr. Nandish T Kilachand 10,835 2.68%
 Each Seller / Transferor
Virsun Investments Private Limited 80,802 19.99% 42,802 10.59%
9,996
Ginners & Pressers Limited 2.48% 4,996 1.24%
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PARTHIV Digitally signed by PARTHIV TANIL NANDISH Digitally signed by NANDISH TANIL TANIL KILACHAND TANIL KILACHAND KILACHAND Date: 2022.06.22 17:31:39 +05'30' KILACHAND Date: 2022.06.22 17:33:33 +05'30' (Parthiv. T. Kilachand) (Nandish. T. Kilachand)

Place : Mumbai Date : 22[nd] June, 2022