Prakash Industries Ltd. — Major Shareholding Notification 2019

Sep 12, 2019

Moneywise Financial Services Pvt. Ltd. CIN U51909DL1996PTC353582

11/6B 2nd Floor Shanti Chamber Pusa Road, New Delhi - 110 005 Ph: +91-11-25754397, 23243959 Telefax: +91-11-23243959 E-mail: fund@smcfinance.com | Website: www.smcfinance.com

September 12, 2019

T_o

Corporate Services Department The Bombay Stock Exchange Limited P.J. Towers, 1st Floor, Dalal Street, Mumbai - 400001

Corporate Services Department National Stock Exchange of India Limited Exchange Plaza, Bandra Kurla Complex, Bandra (E), Mumbai - 400051

Mr. Ashwini Kumar Company Secretary & Compliance Officer PRAKASH INDUSTRIES LIMITED 15 km Stone, Delhi Road, Hisar, Haryana 125044

Ref.:- Disclosure under Regulations of SEBI (Substantial Acquisition of Shares) Regulations, 2011

Sub.:- Intimation regarding the acquisition (un-pledging) of Shares.

Dear Sir.

This is in reference to the captioned subject matter. Enclosed please find the disclosure under Regulation 29 (1) & (2) of SEBI (Substantial Acquisition of Share and Takeover) Regulations, 2011.

You are requested to take on record the above said disclosure.

Thanking You.

For Monewise Financial Services Pvt. Ltd.

New Delhi

(Director/Authorized Signatory)

Format for Disclosures under Regulation 29(1) & 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

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Name of the Target Company (TC)	PRAKASH INDUSTRIES LIMITED
Name(s) of the acquirer and
Persons Acting in Concert (PAC)	MONEYWISE FINANCIAL SERVICES PVT. LTD.
with the acquirer
Whether the acquirer belongs to	NO
Promoter/Promoter group
Name(s) of the Stock Exchange(s)	The Bombay Stock Exchange Limited
where the shares of TC are Listed	The National Stock Exchange of India Limited
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 / Disposal
under consideration, holding of:
a) Shares carrying voting rights	40,000	0.02%	0.02%
b) Shares in the nature of encumbrance (pledge/ lien/ non- disposal undertaking/ others)	53,99,697	3.15%	3.02%
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 T C (specify holding in each category)
$e)$ Total (a+b+c+d)	54,39,697	3.17%	3.04%
Details of Acquisition / Sale:
a) Shares carrying voting rights acquired/sold
b) VRs acquired /sold otherwise than by shares

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New Delhi

Format for Disclosures under Regulation 29(1) & 29(2) of

SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

	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	4,60,000	0.27%	0.26%
	$e)$ Total (a+b+c+/-d)	4,60,000	0.27%	0.26%
	After the Acquisition / Sale,
	holding of:
	a) Shares carrying voting rights	40,000	0.02%	0.02%
	b) Shares encumbered with the acquirer	49,39,697	2.88%	2.76%
	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)	49,79,697	2.90%	2.78%
	Mode of acquisition / sale (e.g.	Shares earlier have been Pledged by:-
	open market / off market / public		Primenet Global Limited-4,60,000 Equity
	issue / rights issue /preferential	Shares
	allotment / inter-se transfer, etc.)	In favour of Moneywise Financial Services Pvt. Ltd.,
		have now been released.
11/09/2019
	Date of acquisition $\sqrt{\frac{3}{16}}$ of shares /	Released 4,60,000 Equity Shares (0.27% of Paid-up
	VR or date of receipt of intimation of allotment of shares, whichever is	Capital) of Prakash Industries Ltd. on September 11,
	applicable	2019 which was earlier pledged by Mr. Primenet
		Global Limited.
	Equity share capital/ total voting	17,12,63,853 Equity Shares of Rs. 10/- each
	capital of the TC after the said

New Delhi

Format for Disclosures under Regulation 29(1) & 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

acquisition / sale
Total diluted share/voting capital of
the TC after the said acquisition /	17,88,71,057 Equity Shares of Rs. 10/- each
sale

(*) Total share capital/ voting capital to be taken as per the latest filing done by the company to the Stock Exchange under Clause
35 of the listing Agreement.

(**) 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.

New Delhi 5

(Director/Authorized Signatory) Signature of the Acquirer / Seller / Authorized Signatory Place: - New Delhi Date: - September 12, 2019