Prakash Industries Ltd. — Major Shareholding Notification 2021

Dec 24, 2021

SECURITIES

Corp. Office: 303, Himland House, D-5, Karampura Commercial Complex, New Delhi - 110015 CIN: L65993WB1990PLC048314 E-mail: gopaltg@gmail.com

23^rd December, 2021

Listing Department BSE Ltd. Phiroze Jeejeebhoy Towers Dalal Street Mumbai - 400001

Listing Department National Stock Exchange of India Ltd Exchange Plaza, 5th Floor, Plot No. C/1 G Block, Bandra-Kurla Complex, Bandra (E), Mumbai - 400051

Company Code: 506022

Company Symbol: PRAKASH

$Sub:$ Disclosure under Regulation 31 read with Regulation 28(3) reason for release / encumbrance of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

Dear Sir,

In terms of the provisions of Regulation 31 of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 read with Regulation 28(3) regarding reasons for release / encumbrance. We, being Promoter group of Prakash Industries Limited hereby enclosing the details of pledged shares of Prakash Industries Limited held by us in the prescribed formats.

This is for your information and record please.

Thanking you.

Yours faithfully, For Welter Securities Limited

Authorised Signatory

Encl: $(3)$ as above

$CCTo:$

Prakash Industries Ltd. 15 Km. Stone, Delhi Road, Hissar $-125044$

Disclosure by the Promoter(s) to the stock exchanges and to the Target Company for encumbrance of shares / invocation of encumbrance/
release of encumbrance, in terms of Regulation 31(1) and 31(2) of SEBI (Substantial Acqu

Name of the Target Company(TC)					PRAKASH INDUSTRIES LIMITED
Names of the Stock Exchanges where the shares of the target company are listed							BSE Ltd. & National Stock Exchange of India Ltd.
Date of reporting					23 December 2021
Name of the promoter or PAC on whose shares encumbrance has been created/ released/invoked					Welter Securities Ltd
Details of the creation of encumbrance:
Name of the promoter(s) or PACs with Promoter holding in the target Promoter holding already								Details of events pertaining to encumbrance (3)				Post event holding of
him		company (1)	encumbered (2)									encumbered shares
	No. of shares	of ž	total No. of shares	1% of total Type		of Date	of Type	of Reasons for No.			of % of total Name of the entity in No.		of % of total
		share capital		share capital levent			creaton/ encumbrance encumbrance shares			share	whose favour shares shares		Ishare
					(creation/		invocation (pledge/ lien/			capital	encumbered		capital
					release/		release of non disposal
					invocation) encumbran undetaking/
						e,	others)
Welter Securities Ltd. *	5006666	2.80	SO O 2266 e	1.27	Creation	22.12.2021	Pledge	Third Party	120000	0.07	Anisha Estate & Finance	1 2386600	1.33
								Pledge			Pvt. Ltd.
Welter Securities Ltd.	5006666	2.80	60Q 23866	1.33	Creation	22.12.2021	Pledge	Third Party	190000	0.11	Infosoft Global Pvt. Ltd.	2576600	1.44
								Piedge

$\sigma$ is a significant constant with a signal constant $\sigma$

for Welter Seculties Ltd

$\bigcap_{\text{Antlorised Signatory}}$

Place : New Delhi
Date : 23.12.2021

* The details of encumbrances of residual promoters as on 17.12.2021 enclosed herewith as Annexure 1 is an extract of the data available of the Target Company

$\frac{1}{2}$

Annexure " I "

PRAKASH INDUSTRIES LIMITED Details of encumberance of residual promoters as on 17.12.2021

Sr. No.	Name of the Shareholder	Total shares held		Shares pledged or otherwise
				encumbered
		No. of shares held	As a % of total	No. of shares held	As a % of total
			share capital		share capital
1	SHRI V.P. AGARWAL	16268907	9.08	0	0.00
$\overline{2}$	V.P. AGARWAL (HUF)	2208644	1.23	229389	0.13
3	SMT. MOHINI AGARWAL	1019856	0.57	1019856	0.57
4	SHRI VIKRAM AGARWAL	406500	0.23	406500	0.23
5	SHRI KANHA AGARWAL	18540	0.01	18540	0.01
6	AIRCON TRADEX PVT. LTD.	96000	0.05	96000	0.05
$\overline{7}$	AMBROSIA COMMERCE PVT. LTD.	1936500	1.08	1936500	1.08
8	DHRUV COMMERCE PVT. LTD.	300500	0.17	300500	0.17
9	ESSENTIAL ELECTRONICS PVT. LTD.	597300	0.33	597300	0.33
10	EVERSHINE MERCANTILE PVT. LTD.	1621700	0.91	1621700	0.91
11	EXCEL FINCAP PVT. LTD.	102135	0.06	102100	0.06
12	FOCUS SECURITIES & CREDITS PVT. LTD.	1460000	0.82	1460000	0.82
13	FOUR WINGS MARKETING PVT. LTD.	101700	0.06	101700	0.06
14	GMK BUILDERS PVT. LTD.	8164800	4.56	5104650	2.85
15	GOEL CONTAINERS PVT. LTD.	1378682	0.77	1278682	0.71
16	HISSAR TUBES PVT. LTD.	700000	0.39	700000	0.39
17	HI-TECH MERCANTILE (INDIA) PVT. LTD.	2720695	1.52	2720695	1.52
18	NEW ERA COMMERCE & SECURITIES PVT. LTD.	215985	0.12	215900	0.12
19	OCEAN ISPAT PVT. LTD.	300000	0.17	300000	0.17
20	PAREEK OVERSEAS PVT. LTD.	623060	0.35	392618	0.22
21	PRAKASH CAPITAL SERVICES LTD.	1508467	0.84	1508400	0.84
22	PRAKASH INDUSTRIAL FINANCE LTD.	904950	0.51	890950	0.50
23	PREMIER FINCAP PVT. LTD.	767000	0.43	767000	0.43
24	PRIMENET GLOBAL LTD.	2470500	1.38	2470500	1.38
25	PRIME MERCANTILE PVT. LTD.	3701470	2.07	1460200	0.82
26	PROSPERO SECURITIES PVT. LTD.	515800	0.29	515800	0.29
27	ROURKELA STEEL PVT. LTD.	790633	0.44	790633	0.44
28	SAMYAK SECURITIES PVT. LTD	1500000	0.84	1500000	0.84
29	SHREE LABH LAKSHMI CAPITAL SERVICES PVT. LTD.	2311471	1.29	1596871	0.89
30	STYLE LEASING & FINANCE PVT. LTD.	1114400	0.62	1114400	0.62
31	SUNVIN TRADING & INVESTMENT PVT. LTD.	242312	0.14	242312	0.14
32	ITECHDRIVE SOFTWARE LTD	562550	0.31	0	0.00
33	TOOLS INDIA PVT. LTD.	900900	0.50	900900	0.50
34	UNITY MERCANTILE PVT LTD.	251575	0.14	251500	0.14
35	VANSHI FARMS PVT. LTD.	3157900	1.76	3157900	1.76
36	VISION MERCANTILE PVT. LTD.	1866754	1.04	1866700	1.04
37	CHAIBASA STEEL LLP	250000	0.14	250000	0.14
38	IDHRUV COMMERCE LLP	1481000	0.83	574000	0.32
39	ESSENTIAL ELECTRONICS LLP	302100	0.17	302100	0.17
40	EVERSHINE MERCANTILE LLP	300000	0.17	300000	0.17
41	FOUR WINGS MARKETING LLP	300000	0.17	300000	0.17
42	HISSAR TUBES LLP	650012	0.36	650012	0.36
43	PREMIER FINCAP LLP	476480	0.27	476480	0.27
44	ROURKELA STEEL LLP	636500	0.36	0	0.00
45	SHIKHA MERCANTILE LLP	70600	0.04	70600	0.04
46	SPRING MERCANTILE LLP	500	0.00	0	0.00
47	SUNVIN TRADING & INVESTMENT LLP	1007688	0.56	925000	0.52
48	SUVARNA MARKETING LLP	95000	0.05	95000	0.05
	TOTAL	68378066	38 18	41579888	23.22

$Asu$

Annexure - Il

Format for disclosure of reasons for encumbrance

(In addition to Annexure - I prescribed by way of circular dated August 05, 2015)

Name of listed Company	Prakash Industries Limited
Name of the recognised stock exchanges where the shares of the company are listed	BSE Ltd. & National Stock Exchange of India Ltd.
Name of the promoter(s) / PACs whose shares have been encumbered	Welter Securities Ltd. and Shree Labh Lakshmi Capital IServices Pvt. Ltd. alongwith PACs (as per list enclosed)
Total promoter shareholding in the listed company	$M0$ of shares $-73384732$
Encumbered shares as a % of promoter shareholding	44816488 (61.07%)
Whether encumbered share is 50% or more of promoter shareholding	Yes
Whether encumbered share is 20% or more of total share capital	Yes (25.02%) of total share capital

Details of all the existing events/ agreements pertaining to encumbrance

		Encumbrance
		Date of creation of encumbrance: 21.12.2021 & 22.12.2021
	Type of encumbrance (pledge, lien, negative lien, non-disposal undertaking etc. or any other covenant, transaction, condition or arrangement in the nature of encumbrance)	Pledge
	No and % of shares encumbered	No. of shares: 970000 % of total share capital: 0.54%
	Name of the entity in whose favour shares encumbered (X)	A. Virtue Financial Services Pvt. Ltd B. Moneywise Financial Services Pvt. Ltd. C. Anisha Estate & Finance Pyt. Ltd. D. Infosoft Global Pyt. Ltd. E. Anadya Properties Pvt. Ltd.
	Whether the entity X is a scheduled commercial bank, public financial institution, NBFC or housing finance company? If No, provide the nature of the business of the entity.	A, B, C are Non-banking Finance Company and D & E are Finance Companies
		Listed company and its group companies (if any) -
Specific details labout the lencumbrance	Names of all other entities in the agreement	Prakash Industries Limited. Promoter and Promoter Group Companies (as mentioned above)
		Other entities (if any) -
		Not Applicable
	Whether the encumbrance is relating to any debt instruments viz. debenture, commercial paper, certificate of deposit etc.? If yes, provide details about the instrument, including credit rating	No
	Value of shares on the date of event / agreement (A)	Rs.5.18 Crores
Security Cover / Asset Cover	Amount involved (against which shares have been encumbered) (B)	Rs 2.59 Crores
	Ratio of A / B	2.00
	Borrowed amount to be utilized for what purpose -
	(a) Personal use by promoters and PACs	No
End use of imoney.	(b) For the benefit of listed company	Yes
	Provide details including amount, purpose of raising money by listed company, schedule for utilization of amount, repayment schedule etc.
	(a) Any other reason (please specify)	Additional shares pledged to secure the earlier loan taken from above lenders

$\frac{1}{5}$

Signature of Authorised Signatory

$\chi^2$

Place: New Delhi Date: 23.12.2021

Shree Labh Lakshmi Capital Services Pvt. Ltd.

Corp. Office: 303, Himland House, D-5, Karampura Commercial Complex, New Delhi-110015 CIN NO. U74899PB1994PTC052206 E-mail: gopaltg@gmail.com

23^rd December, 2021

Listing Department BSE Ltd. Phiroze Jeejeebhoy Towers Dalal Street Mumbai - 400001

Listing Department National Stock Exchange of India Ltd Exchange Plaza, 5th Floor, Plot No. C/I G Block, Bandra-Kurla Complex, Bandra (E), Mumbai - 400051

Company Code: 506022

Company Symbol: PRAKASH

Sub: Disclosure under Regulation 31 of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

Dear Sir.

In terms of the provisions of Regulation 31 of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, we being Promoter group of Prakash Industries Limited hereby enclosing the details of pledged shares of Prakash Industries Limited held by us in the prescribed format.

This is for your information and record please.

Thanking you,

Yours faithfully, For Shree Labh Lakshmi Capital Services Private Limited

Authorised Signatory

Encl: $(2)$ as above

CC To:

Prakash Industries Ltd. 15 Km. Stone, Delhi Road, Hissar $-125044$

Disclosure by the Promoter(s) to the stock exchanges and to the Target Company for encumbrance of shares / invocation of encumbrance/
release of encumbrance, in terms of Regulation 31(1) and 31(2) of SEBI (Substantial Acqu

Name of the Target Company(TC)						PRAKASH INDUSTRIES LIMITED
Names of the Stock Exchanges where the shares of the target company are listed							BSE Ltd. & National Stock Exchange of India Ltd.
Date of reporting					23 December 2021
Name of the promoter or PAC on whose shares encumbrance has been created/released/invoked							SHREE LABH LAKSHMI CAPITAL SERVICES PVT LTD
Details of the creation of encumbrance:
Name of the promoter(s) or PACs with Promoter holding in the target Promoter $\frac{E}{E}$	company (1)		red(2) encumber	already holding				Details of events pertaining to encumbrance (3)				Post event holding of encumbered shares
	No. of shares	share capital $\sigma$ $\frac{5}{6}$	total No. of shares	share capital levent % of total Type	invocation) (creation/ release/	encumbran undetaking/ creaton/ of Date Š	release of non disposal invocation (pledge/ lien/ encumbrance others) of Type	encumbrance shares of Reasons for No.		capital share	whose favour shares shares of % of total Name of the entity in No. encumbered		of % of total capital Share
SHREE LABH LAKSHMI CAPITAL SERVICES QLIAd	2311471	1.29	1596871	0.89	Creation	21.12.2021	Pledge	Third Party Pledge	500000	0.28	Virtue Financial Services Pvt. Ltd.	2096871	1.17
SHREE LABH LAKSHMI CAPITAL SERVICES OLIAL	2311471	1.29	2096871	1.17	Creation	21.12.2021	Pledge	Third Party Pledge	10000	0.06	Moneywise Financial Services Pvt. Ltd.	2196871	1.23
SHREE LABH LAKSHMI CAPITAL SERVICES PVT LTD *	2311471	1.29	2196871	1.23	Creation	21.12.2021	Pledge	Third Party Pledge	60000	0.03	Anandya Properties Pvt. Ė	2256871	1.26

For SHREE LABH LAKSHMI CAPITAL SERVICES PVT LTD.

Autorise Separate

Place: New Delhi
Date: 23.12.2021

* The details of ensumbrances of residual promoters as on 17.12.2021 enclosed herewith as Annexure 1 is an extract of the data available of the Target Company

Annexure "1"

PRAKASH INDUSTRIES LIMITED Details of encumberance of residual promoters as on 17.12.2021

Sr. No.	Name of the Shareholder	Total shares held		Shares pledged or otherwise
				encumbered
		No. of shares held	As a % of total	No. of shares held	As a % of total
			share capital		share capital
$1\,$	SHRI V.P. AGARWAL
$\overline{2}$	V.P. AGARWAL (HUF)	16268907	9.08	$\Omega$	0.00
3	SMT. MOHINI AGARWAL	2208644	1.23	229389	0.13
4	SHRI VIKRAM AGARWAL	1019856	0.57	1019856	0.57
S	SHRI KANHA AGARWAL	406500	0.23	406500	0.23
6	AIRCON TRADEX PVT. LTD.	18540	0.01	18540	0.01
$\gamma$	AMBROSIA COMMERCE PVT. LTD.	96000	0.05	96000	0.05
8	DHRUV COMMERCE PVT. LTD.	1936500 300500	1.08	1936500	1.08
9	ESSENTIAL ELECTRONICS PVT. LTD.	597300	0.17 0.33	300500	0.17
10	EVERSHINE MERCANTILE PVT. LTD.	1621700	0.91	597300	0.33
11	EXCEL FINCAP PVT. LTD.	102135	0.06	1621700 102100	0.91
$12$	FOCUS SECURITIES & CREDITS PVT. LTD.	1460000	0.82	1460000	0.06 0.82
13	FOUR WINGS MARKETING PVT. LTD.	101700	0.06	101700	0.06
$14$	GMK BUILDERS PVT. LTD.	8164800	4.56	5104650	2.85
15	GOEL CONTAINERS PVT. LTD.	1378682	0.77	1278682	0.71
16	HISSAR TUBES PVT. LTD.	700000	0.39	700000	0.39
17	(HI-TECH MERCANTILE (INDIA) PVT. LTD.	2720695	1.52	2720695	1.52
18	NEW ERA COMMERCE & SECURITIES PVT. LTD.	215985	0.12	215900	0.12
19	OCEAN ISPAT PVT. LTD	300000	0.17	300000	0.17
20	PAREEK OVERSEAS PVT, LTD.	623060	0.35	392618	0.22
21	PRAKASH CAPITAL SERVICES LTD.	1508467	0.84	1508400	0.84
22	PRAKASH INDUSTRIAL FINANCE LTD.	904950	0.51	890950	0.50
23	PREMIER FINCAP PVT. LTD.	767000	0.43	767000	0.43
24	PRIMENET GLOBAL LTD.	2470500	1.38	2470500	1.38
25	PRIME MERCANTILE PVT. LTD.	3701470	2.07	1460200	0.82
26	PROSPERO SECURITIES PVT. LTD.	515800	0.29	515800	0.29
27 28	ROURKËLA STEEL PVT. LTD.	790633	0.44	790633	0.44
29	SAMYAK SECURITIES PVT. LTD ISTYLE LEASING & FINANCE PVT. LTD.	1500000 1114400	0.84 0.62	1500000	0.84
30	SUNVIN TRADING & INVESTMENT PVT. LTD.	242312	0.14	1114400 242312	0.62 0.14
31	IECHDRIVE SOFTWARE LTD	562550	0.31	0	0.00
32	TOOLS INDIA PVT. LTD	900900	0.50	900900	0.50
33	UNITY MERCANTILE PVT. LTD.	251575	0.14	251500	0.14
34	VANSHI FARMS PVT. LTD.	3157900	1.76	3157900	1.76
35	VISION MERCANTILE PVT. LTD.	1866754	1.04	1866700	1.04
36	WELTER SECURITIES LTD.	5006666	2.80	2266600	1.27
37	CHAIBASA STEEL LLP	250000	0.14	250000	0.14
38	DHRUV COMMERCE LLP	1481000	0.83	574000	0.32
39	ESSENTIAL ELECTRONICS LLP	302100	0.17	302100	0.17
40 41	EVERSHINE MERCANTILE LLP	300000	0.17	300000	0.17
42	FOUR WINGS MARKETING LLP HISSAR TUBES LLP	300000	0.17	300000	0.17
43	PREMIER FINCAP LLP	650012 476480	0.36 0.27	650012 476480	0.36 0.27
44	ROURKELA STEEL LLP	636500	0.36	0	0.00
45	SHIKHA MERCANTILE LLP	70600	0.04	70600	0.04
46	SPRING MERCANTILE LLP	500	0.00	0	0.00
47	SUNVIN TRADING & INVESTMENT LLP	1007688	0.56	925000	0.52
48	SUVARNA MARKETING LLP	95000	0.05	95000	0.05
	TOTAL	71073261	39.69	42249617	23.59

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