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: [email protected] | Website: www.smcfinance.com

January 06, 2020

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 release (un-pledge) 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 Money Wise Financial Services Private Limited

MAG Delhi (Director/Authorized Signatory)

Construction of the con-

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

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

b) Shares in the nature of encumbrance (pledge/ lien/ non- disposal undertaking/ others)	49,97,949	2.92%	2.79%
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)	49,97,949	2.92%	2.79%
Details of Acquisition / Sale:
a) Shares carrying voting rights acquired/sold
b) VRs acquired /sold otherwise than by shares

Financial CO. Delhi ane $\omega$ ×

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	23,52,115	1.37%	1.31%
$e)$ Total (a+b+c+/-d)	23,52,115	1.37%	1.31%
After the Acquisition / Sale,
holding of:
a) Shares carrying voting rights
b) Shares encumbered with the acquirer	26,45,834	1.55%	1.48%
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)	26,45,834	1.55%	1.48%
	Shares earlier have been Pledged by:-
Mode of acquisition / sale (e.g.	Makrana Tradecom LLP- 22,17,133 Equity
open market / off market / public	Shares
issue / rights issue /preferential	Nilkanth Fincon Private Limited- 1,34,982
allotment / inter-se transfer, etc.)		Equity Shares
		In favour of Moneywise Financial Services Pvt. Ltd.,
	have now been released.
	03/01/2020
Date of acquisition / sale of shares / VR or date of receipt of intimation of allotment of shares, whichever is	Released 22,17,133 Equity Shares (1.29% of Paid-up Capital) and 1,34,982 Equity Shares (0.08% of Paid-
	up Capital) of Prakash Industries Ltd. on January 03,
applicable		2020, these shares were earlier pledged by Mr.