Power Mech Projects Limited — Major Shareholding Notification 2020

Apr 20, 2020

Date: 17.04.2020

To,	To,	To,
The Manager,	The Manager,	The Compliance Officer,
Listing Department,	Listing Department,	Power Mech Projects Limited,
National Stock Exchange Limited	BSE Limited,	Plot 77, Jubilee Enclave,
Bandra Kurla Complex, Bandra	Phiroze Jeejeebhoy Towers,	Madhapur, Hyderabad -50008
(East)	Dalal Street, Mumbai –
Mumbai –400051.	400001.

Sub: Disclosure under Regulation 10(6) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

BSE Scrip Code: 539302; NSE Symbol: POWERMECH

Dear Sir/Madam,

With reference to the subject cited above, attached herewith disclosures under Regulation 10(6) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The undersigned being the Promoters of the Company hereby furnish the disclosure pertaining to the inter-se transfer of shares by way of gift from Mr. Sajja Rohit, Promoter.

There will be no change in the total shareholding of the Promoters and Promoter group of the Target Company after the proposed inter-se transfer of shares.

This is for your necessary information and records.

Thanking You.

Yours faithfully,

Sd/- Sd/-

Sajja Kishore Babu Sajja Lakshmi

(Acquirer) (Acquirer)

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

1.	Name of the Target Company (TC)		Power Mech Projects Limited
2.		Name of the acquirer(s)	1. Sajja Kishore Babu2. Sajja Lakshmi
3.		Name ofthe stock exchangewhereshares of the TC are listed	BSE LimitedNational Stock ExchangeLimited
4.		Detailsofthetransactionincludingrationale,ifany,forthetransfer/acquisition of shares.	Inter-se transfer among Promoter groupbetween relatives by way of gift.
5.		Relevant regulation under which theacquirer is exempted from making openoffer.	10(1)(a)(i)(ii)
6.		Whetherdisclosureofproposedacquisition was required to be madeunder regulation 10 (5) and ifso,	Yes, the disclosure was made within thestipulated time period.
whether disclosure was made and-whether it was made within thetimelinespecifiedundertheregulations.-dateoffilingwiththestockexchange.			Date of filing: 07-04-2020
7.		Details of acquisition	Disclosures	Whether the
			required to bemade underregulation 10(5)	disclosures underregulation 10(5)are actually made
	a.	Name of the transferor / seller	Sajja Rohit	Yes
	b.	Date of acquisition	16-04-2020	Date of filing with stockexchange: 07-04-2020
	c.	Number of shares/ voting rights inrespect of the acquisitions from eachperson mentioned in 7(a) above	230000 shares fromSajja Rohit transferredto Sajja Kishore Babu.2. 600000 shares fromSajja Rohit transferredto Sajja Lakshmi.	Yes
	d.	Total shares proposed to be acquired /actually acquired as a % of dilutedshare capital of TC	1. 230000 shares(1.56%) from SajjaRohit transferred toSajja Kishore Babu.2. 600000 shares(4.08%) from SajjaRohit transferred toSajja Lakshmi.	Yes
	e.	Price at which shares are proposed tobe acquired / actually acquired	Nil.Inter-se transferamong Promoter groupbetween relatives byway of gift.	Inter-se transfer amongPromoter groupbetween relatives byway of gift.

8.	Shareholding details		Pre-Transaction		Post-Transaction
			No. of	% w.r.t	No. of	% w.r.t
			shares	total	shares	total
			held	share	held	share
				capital of		capital of
				TC		TC
	a	Each Acquirer / Transferee(*)
		1. Sajja Kishore Babu2. Sajja Lakshmi	36349423128626	24.71%21.27%	38649423728626	26.27%25.35%
	b	Each Seller / Transferor
		1.Sajja Rohit	849413	5.77%	19413	0.14%

Note:

• (*) Shareholding of each entity shall be shown separately and then collectively in a group.
• The above disclosure shall be signed by the acquirer mentioning date & place. In case, there is more than one acquirer, the report shall be signed either by all the persons or by a person duly authorized to do so on behalf of all the acquirers.

Sd/- Sd/- Sajja Kishore Babu Sajja Lakshmi (Acquirer) (Acquirer)

Date: 17.04.2020 Place: Hyderabad