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Prakash Industries Ltd. Major Shareholding Notification 2021

Sep 1, 2021

61790_rns_2021-09-01_f88ad565-92fb-457d-8693-3fdad0f17f6d.pdf

Major Shareholding Notification

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SSAR TURES LLP

Formerly Hissar Tubes Private Limited

Regd. Office: 3rd Floor, Old Delhi Road Golden Jublee Plaza Gurugram 122001

LLPIN: AAL-9892

Email Id: [email protected]

$1st$ September, 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 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 Hissar Tubes LLP

Authorised Signatory

Encl: $(2)$ 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

PRAKASH INDUSTRIES LIMITED

Name of the Target Company(TC)

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 01 September 2021
Name of the promoter or PAC on whose shares encumbrance has been created/released/invoked Hissar Tubes LLP
Details of the creation of encumbrance:
Name of the promoter(s) or PACs with Promoter holding in the target Promoter holding already
E
company (1) encumbered (2) Details of events pertaining to encumbrance (3) encumbered shares Post event holding of
No. of shares share capital
ð,
ž
total No. of shares % of total Type share capital event (creation)
release/
invocation) encumbran undetaking/
of Date of Type
g
creaton/ encumbrance encumbrance shares
Invocation (pledge/ lien/
trelease of non disposal
others)
of Reasons for No. share
capital
whose favour shares shares
of % of total Name of the entity in No.
encumbered
of % of total
capital
Share
Hissar Tubes LLP 650012 0.36 570012 0.32 Creation 28.08.2021 Pledge Third Party 80003 8g Virtue Financial Services 650012 0.36
Pledge Pyt Ltd

Cauthorised Signatory for Hissar Tubes.J.LP

Place: Gurgaon
Date: 01.09.2021

$*$ The details of encumbrances of residual promoters as on 23.08.2021 enclosed herewith as Annexure 1 is an extract of the data available of the Target Company

Annexure " | "

PRAKASH INDUSTRIES LIMITED Details of encumberance of residual promoters as on 23.08.2021

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
$\bar{z}$
SHRI V.P. AGARWAL 16268907 9.08 0 0.00
3 V.P. AGARWAL (HUF) 2208644 1.23 229389 0.13
4 SMT. MOHINI AGARWAL
SHRI VIKRAM AGARWAL
1019856 0.57 1019856 0.57
5 SHRI KANHA AGARWAL 406500 0.23 406500 0.23
6 AIRCON TRADEX PVT. LTD. 18540 0.01 18540 0.01
$\overline{7}$ AMBROSIA COMMERCE PVT. LTD. 96000 0.05 96000 0.05
8 DHRUV COMMERCE PVT, LTD. 1936500 1.08 1936500 1.08
9 ESSENTIAL ELECTRONICS PVT. LTD. 300500 0.17 300500 0.17
10 EVERSHINE MERCANTILE PVT. LTD. 597300 0.33 597300 0.33
11 EXCEL FINCAP PVT. LTD. 1621700
102135
0.91 1621700 0.91
12 FOCUS SECURITIES & CREDITS PVT. LTD. 1460000 0.06
0.82
102100 0.06
13 FOUR WINGS MARKETING PVT. LTD. 101700 0.06 1460000 0.82
14 GMK BUILDERS PVT. LTD. 8164800 4.56 101700
4609650
0.06
15 GOEL CONTAINERS PVT. LTD. 1378682 0.77 1278682 2.57
16 HISSAR TUBES PVT. LTD. 700000 0.39 700000 0.71
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
26
PRIME MERCANTILE PVT. LTD. 3701470 2.07 1460200 0.82
27 PROSPERO SECURITIES PVT. LTD. 515800 0.29 429800 0.24
28 ROURKELA STEEL PVT. LTD.
SAMYAK SECURITIES PVT. LTD
790633 0.44 790633 0.44
29 SHREE LABH LAKSHMI CAPITAL SERVICES PVT. LTD. 1500000 0.84 1500000 0.84
30 STYLE LEASING & FINANCE PVT. LTD. 2311471
1114400
1.29 892871 0.50
31 SUNVIN TRADING & INVESTMENT PVT. LTD. 242312 0.62
0.14
1114400
242312
0.62
32 TECHDRIVE SOFTWARE LTD 562550 0.31 0 0.14
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 176
36 VISION MERCANTILE PVT. LTD. 1866754 1.04 1866700 1.04
37
38
WELTER SECURITIES LTD. 5006666 2.80 741600 0.41
39 CHAIBASA STEEL LLP
DHRUV COMMERCE LLP
250000 0.14 250000 0.14
40 ESSENTIAL ELECTRONICS LLP 1481000 0.83 574000 0.32
41 EVERSHINE MERCANTILE LLP 302100 0.17 302100 0.17
42 FOUR WINGS MARKETING LLP 300000
300000
0.17
0.17
300000 0.17
43 PREMIER FINCAP LLP 476480 0.27 300000
476480
0.17
44 ROURKELA STEEL LLP 636500 0.36 0 0.27
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 72734720 40.62 40386476 22.55

$\bar{z}$

$\bar{z}$

Regd. Office: 303, Himland House, D-5, Karampura Commercial Complex, New Delhi - 110015. CIN NO. U74899DL1991PTC044935 Email Id: [email protected]

1st September, 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 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 Prospero Securities Private Limited

$\infty 6\%$

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

PRAKASH INDUSTRIES LIMITED

Names of the Stock Exchanges where the shares of the target company are listed

Name of the Target Company(TC)

$\ddot{\phantom{a}}$

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 01 September 2021
Name of the promoter or PAC on whose shares encumbrance has been created/released/invoked Prospero Securities Pvt. Ltd.
Details of the creation of encumbrance:
Name of the promoter(s) or PACs with Promoter holding in the target Promoter holding already
E company (1) encumbered (2) Details of events pertaining to encumbrance (3) Post event holding of
encumbered shares
No. of shares % of share capital total No. of shares % of total Type share capital event release/ invocation) encumbran undetaking/
of Date of Type
g
creaton/ encumbrance encumbrance shares
release of non disposal
(creation/ invocation (pledge/ lien/
cthers)
of Reasons for No. Capital
Ishare
whose favour shares shares
of % of total Name of the entity in No.
encumbered
of % of total
capital
Ishare
Prospero Securities Pvt Ltd 515800 0.29 429800 0.24 Creation 28.08.2021 Pledge Third Party 86000 88 Virtue Financial Services 515800 0.29
Pledge Pvt Ltd

for Prospero Securities Pvt. Ltd.

Authorised Signatory

Place: New Delhi
Date: 01.09.2021

$^{\bullet}$ The details of encumbrances of residual promoters as on 23.08.2021 enclosed herewith as Annexure 1 is an extract of the data available of the Target Company

l,

$\ddot{\phantom{a}}$

$\ddot{\phantom{0}}$

Annexure " I "

$\hat{\mathbf{x}}$

PRAKASH INDUSTRIES LIMITED Details of encumberance of residual promoters as on 23.08.2021

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
$\overline{2}$ SHRI V.P. AGARWAL 16268907 9.08 0 0.00
3 V.P. AGARWAL (HUF) 2208644 1.23 229389 0.13
4 SMT. MOHINI AGARWAL 1019856 0.57 1019856 0.57
S SHRI VIKRAM AGARWAL
SHRI KANHA AGARWAL
406500 0.23 406500 0.23
6 AIRCON TRADEX PVT. LTD. 18540 0.01 18540 0.01
$\overline{t}$ AMBROSIA COMMERCE PVT. LTD. 96000 0.05 96000 0.05
8 DHRUV COMMERCE PVT. LTD. 1936500 1.08 1936500 1.08
9 ESSENTIAL ELECTRONICS PVT. LTD. 300500 0.17 300500 0.17
10 EVERSHINE MERCANTILE PVT. LTD. 597300 0.33 597300 0.33
11 EXCEL FINCAP PVT. LTD. 1621700 0.91 1621700 0.91
12 FOCUS SECURITIES & CREDITS PVT. LTD. 102135 0.06 102100 0.06
13 FOUR WINGS MARKETING PVT. LTD. 1460000 0.82 1460000 0.82
14 GMK BUILDERS PVT. LTD. 101700 0.06 101700 0.06
15 GOEL CONTAINERS PVT. LTD. 8164800 4.56 4609650 2.57
16 HISSAR TUBES PVT. LTD. 1378682 0.77 1278682 0.71
17 HI-TECH MERCANTILE (INDIA) PVT. LTD. 700000 0.39 700000 0.39
18 NEW ERA COMMERCE & SECURITIES PVT. LTD. 2720695 1.52 2720695 1.52
19 OCEAN ISPAT PVT. LTD. 215985 0.12 215900 0.12
20 PAREEK OVERSEAS PVT. LTD. 300000 0.17 300000 0.17
21 PRAKASH CAPITAL SERVICES LTD. 623060 0.35 392618 0.22
22 PRAKASH INDUSTRIAL FINANCE LTD. 1508467 0.84 1508400 0.84
23 PREMIER FINCAP PVT. LTD. 904950
767000
0.51 890950 0.50
24 PRIMENET GLOBAL LTD. 2470500 0.43
1.38
767000 0.43
25 PRIME MERCANTILE PVT. LTD. 3701470 2.07 2470500
1460200
1.38
26 ROURKELA STEEL PVT, LTD. 790633 0.44 790633 0.82
0.44
27 SAMYAK SECURITIES PVT. LTD 1500000 0.84 1500000 0.84
28 SHREE LABH LAKSHMI CAPITAL SERVICES PVT. LTD. 2311471 1.29 892871 0.50
29 STYLE LEASING & FINANCE PVT. LTD. 1114400 0.62 1114400 0.62
30 SUNVIN TRADING & INVESTMENT PVT. LTD. 242312 0.14 242312 0.14
31 TECHDRIVE SOFTWARE LTD 562550 0.31 0 0.00
32
33
TOOLS INDIA PVT. LTD. 900900 0.50 900900 0.50
34 UNITY MERCANTILE PVT. LTD.
VANSHI FARMS PVT. LTD.
251575 0.14 251500 0.14
35 VISION MERCANTILE PVT. LTD. 3157900 1.76 3157900 1.76
36 WELTER SECURITIES LTD. 1866754 1.04 1866700 1.04
37 CHAIBASA STEEL LLP 5006666 2.80 741600 0.41
38 DHRUV COMMERCE LLP 250000 0.14 250000 0.14
39 ESSENTIAL ELECTRONICS LLP 1481000
302100
0.83 574000 0.32
40 EVERSHINE MERCANTILE LLP 300000 0.17
0.17
302100 0.17
41 FOUR WINGS MARKETING LLP 300000 0.17 300000
300000
0.17
42 HISSAR TUBES LLP 650012 0.36 570012 0.17
0.32
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
48
SUNVIN TRADING & INVESTMENT LLP 1007688 0.56 925000 0.52
SUVARNA MARKETING LLP 95000 0.05 95000 0.05
TOTAL 72868932
40.69 40526688 22.63

$\searrow$ with

$\label{eq:2.1} \mathcal{L}{\text{max}}(x,y) = \frac{1}{2} \sum{i=1}^{n} \frac{1}{2} \sum_{i=1}^{n} \frac{1}{2} \sum_{i=1}^{n} \frac{1}{2} \sum_{i=1}^{n} \frac{1}{2} \sum_{i=1}^{n} \frac{1}{2} \sum_{i=1}^{n} \frac{1}{2} \sum_{i=1}^{n} \frac{1}{2} \sum_{i=1}^{n} \frac{1}{2} \sum_{i=1}^{n} \frac{1}{2} \sum_{i=1}^{n} \frac{1}{2} \sum_{i=1}^{n} \frac{1}{2} \$

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: [email protected]

$1st$ September, 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 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

$\label{eq:2} \frac{1}{\sqrt{2}}\sum_{i=1}^n\frac{1}{\sqrt{2}}\sum_{j=1}^n\frac{1}{\sqrt{2}}\sum_{j=1}^n\frac{1}{\sqrt{2}}\sum_{j=1}^n\frac{1}{\sqrt{2}}\sum_{j=1}^n\frac{1}{\sqrt{2}}\sum_{j=1}^n\frac{1}{\sqrt{2}}\sum_{j=1}^n\frac{1}{\sqrt{2}}\sum_{j=1}^n\frac{1}{\sqrt{2}}\sum_{j=1}^n\frac{1}{\sqrt{2}}\sum_{j=1}^n\frac{1}{\sqrt{2}}\sum_{j=1}^n\frac{1$

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 01 September 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
Š
company(1) Promoter holding already
encumbered (2)
Details of events pertaining to encumbrance (3) Post event holding of
encumbered shares
No. of shares % of total
share capital
No. of shares % of total Type share capital event invocation)
(creation/
release/
encumbran undetaking/
of Date of Type
ġ
invocation (piedge/ lien/
release of non disposal
others)
creaton/ encumbrance 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
OLIJAd
2311471 1.29 892871 050 Creation 28.08.2021 Pledge Third Party
Pledge
334000 0.19 Virtue Financial Services
Pvt Ltd
1226871 89
0.69

For SHREELABH LAKSHMI CAPITAL SERVICES PVT LTD.

Authorises Signatory

Place : New Delhi
Date : 01.09.2021

$^*$ The details of encumbrances of residual promoters as on 23.08.2021 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 23.08.2021

$\mathbf{\tilde{g}}$

$\bar{\gamma}$

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
$\overline{\mathbf{z}}$ 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
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 4609650 2.57
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
22
PRAKASH CAPITAL SERVICES LTD.
PRAKASH INDUSTRIAL FINANCE LTD.
1508467 0.84 1508400 0.84
23 PREMIER FINCAP PVT. LTD. 904950 0.51 890950 0.50
24 PRIMENET GLOBAL LTD. 767000
2470500
0.43 767000 0.43
25 PRIME MERCANTILE PVT. LTD. 3701470 1.38
2.07
2470500 1.38
26 PROSPERO SECURITIES PVT. LTD. 515800 0.29 1460200
429800
0.82
0.24
27 ROURKELA STEEL PVT. LTD. 790633 0.44 790633 0.44
28 SAMYAK SECURITIES PVT. LTD 1500000 0.84 1500000 0.84
29 STYLE LEASING & FINANCE PVT. LTD. 1114400 0.62 1114400 0.62
30 SUNVIN TRADING & INVESTMENT PVT. LTD. 242312 0.14 242312 0.14
31 TECHDRIVE SOFTWARE LTD 562550 0.31 0 0.00
32 TOOLS INDIA PVT. LTD. 900900 0.50 900900 0.50
33
34
UNITY MERCANTILE PVT. LTD.
VANSHI FARMS PVT. LTD.
251575 0.14 251500 0.14
35 VISION MERCANTILE PVT. LTD. 3157900 1.76 3157900 1.76
36 WELTER SECURITIES LTD. 1866754
5006666
1.04 1866700 1.04
37 CHAIBASA STEEL LLP 250000 2.80
0.14
741600 0.41
38 DHRUV COMMERCE LLP 1481000 0.83 250000
574000
0.14
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 570012 0.32
43 PREMIER FINCAP LLP 476480 0.27 476480 0.27
44
45
ROURKELA STEEL LLP 636500 0.36 0 0.00
46 SHIKHA MERCANTILE LLP
SPRING MERCANTILE LLP-
70600 0.04 70600 0.04
47 SUNVIN TRADING & INVESTMENT LLP 500 0.00 0 0.00
48 SUVARNA MARKETING LLP 1007688
95000
0.56
0.05
925000 0.52
95000 0.05
TOTAL 71073261 39.69 40063617 22.37

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 Hissar Tubes LLP, Prospero Securities Pvt. Ltd. and
Shree Labh Lakshmi Capital Services Pvt. Ltd.
alongwith PACs (as per list enclosed)
Total promoter shareholding in the listed company INo. of shares - 73384732
Encumbered shares as a % of promoter shareholding [41456488 (56.49%)
Whether encumbered share is 50% or more of promoter shareholding lYes
Whether encumbered share is 20% or more of total share capital [Yes (23.15%) of total share capital

Details of all the existing events/ agreements pertaining to encumbrance

Encumbrance
Date of creation of encumbrance: 28.08.2021
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: 500000
% of total share capital: 0.28%
Name of the entity in whose favour shares encumbered (X) Virtue Financial Services 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.
Non-banking Finance Company
Listed company and its group companies (if any) -
Specific details
about the
encumbrance
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.3.28 Crores
Security Cover
/ Asset Cover
Amount involved (against which shares have been encumbered) (B) Rs. 1.64 Crores
Ratio of A / B 2.00
Borrowed amount to be utilized for what purpose -
(a) Personal use by promoters and PACs l No
End use of (b) For the benefit of listed company Yes
money 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 lender

$\overline{\nu}$ Signature of Authorised Signatory

Place: New Delhi Date: 01.09.2021