Prakash Industries Ltd. — Major Shareholding Notification 2021

Jul 20, 2021

K Builders Pvt. L

Corp. Office: 303, Himland House, D-5, Karampura Commercial Complex, New Delhi-110015. CIN: U74899PB1989PTC053067 E-mail: gopaltg@gmail.com

19th July, 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 GMK Builders Private Limited

Authorised Signatory

Encl: $(3)$ as above

$CC$ To:

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

Regd. Office: Darjiyan Wali Gali, Rayya, Teh.- Baba Bakala, Amritsar (PB) 143112.

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					19 July 2021
Name of the promoter or PAC on whose shares encumbrance has been created/ released/invoked					GMK BUILDERS PVT 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	share capital đ $\frac{8}{26}$	total No. of shares % of total Type	share capital event	invocation) (creation/ release/	encumbran undetaking/ of Date g	creaton/ encumbrance encumbrance shares release of non disposal invocation (pledge/ lien/ others) of Type	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
GMK BUILDERS PVT LTD *	8164800	4.56	3011750	1.68	Creation	16.07.2021	Pledge	Third Party Pledge	666700	0.37	Anadya Property Pvt. Ltd.	3678450	2.05
GMK BUILDERS PVT LTD *	8164800	4.56	3678450	2.05		Creation 16.07.2021	Pledge	Third Party Pledge	662700	0.37	Infosoft Global Pvt. Ltd. 4341150		2.42
GMK BUILDERS PVT LTD *	8164800	4.56	4341150	2.42	Creation	16.07.2021	Pledge	Third Party Pledge	505000	0.28	SKS Fincap Pvt. Ltd.	4846150	2.71

for GMK BUILDERS PVT LTD

dreichen Authorised Signatory

Place: Gurugram
Date: 19.07.2021

* The details of encumbrances of residual promoters as on 12.07.2021 enclosed herewith as Annexure 1 is an extract of the data available of the Target Company

Annexure " I "

PRAKASH INDUSTRIES LIMITED Details of encumberance of residual promoters as on 12.07.2021

Sr. No.	Name of the Shareholder	Total shares held		Shares pledged or otherwise
		No. of shares held	As a % of total	encumbered No. of shares held	As a % of total
			share capital		share capital
$\mathbf 1$	SHRI V.P. AGARWAL	16268907	9.08	0	0.00
$\overline{\mathbf{2}}$	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.	314500	0.18	314500	0.18
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	GOEL CONTAINERS PVT. LTD.	1378682	0.77	1278682	0.71
15	HISSAR TUBES PVT. LTD.	780000	0.44	780000	0.44
16	HI-TECH MERCANTILE (INDIA) PVT. LTD.	2720695	1.52	1888295	1.05
17	NEW ERA COMMERCE & SECURITIES PVT. LTD.	215985	0.12	215900	0.12
18	OCEAN ISPAT PVT. LTD.	300000	0.17	300000	0.17
19 20	PAREEK OVERSEAS PVT. LTD.	623060	0.35	392618	0.22
21	PRAKASH CAPITAL SERVICES LTD. PRAKASH INDUSTRIAL FINANCE LTD.	1508467	0.84	1508400	0.84
22	PREMIER FINCAP PVT. LTD.	904950 793000	0.51 0.44	904950 793000	0.51 0.44
23	PRIMENET GLOBAL LTD.	2470500	1.38	2456500	1.37
24	PRIME MERCANTILE PVT. LTD.	3701470	2.07	1460200	0.82
25	PROSPERO SECURITIES PVT. LTD.	515800	0.29	515800	0.29
26	ROURKELA STEEL PVT. LTD.	790633	0.44	790633	0.44
27	SAMYAK SECURITIES PVT. LTD	1500000	0.84	1500000	0.84
28	SHREE LABH LAKSHMI CAPITAL SERVICES PVT. LTD.	2311471	1.29	2262871	1.26
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	UNITY MERCANTILE PVT. LTD.	251575	0.14	251500	0.14
34 35	VANSHI FARMS PVT. LTD. VISION MERCANTILE PVT. LTD.	3157900 1866754	1.76 1.04	3157900	1.76
36	WELTER SECURITIES LTD.	5006666	2.80	1866700 4736600	1.04
37	CHAIBASA STEEL LLP	250000	0.14	250000	2.64 0.14
38	DHRUV COMMERCE LLP	1467000	0.82	560000	0.31
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	570012	0.32	570012	0.32
43	PREMIER FINCAP LLP	450480	0.25	450480	0.25
44	ROURKELA STEEL LLP	636500	0.36	$\mathbf 0$	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 SUVARNA MARKETING LLP	1007688 95000	0.56	910000	0.51
			0.05	95000	0.05
	TOTAL	65219932	36.42	41030438	22.91

Azaradam

Annexure - II

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	GMK Builders Pvt. Ltd. and Hi-tech Mercantile Pvt. Ltd. alongwith PACs (as per list enclosed)
Total promoter shareholding in the listed company	$No. of shares - 73384732$
Encumbered shares as a % of promoter shareholding	46708988 (63.65%)
Whether encumbered share is 50% or more of promoter shareholding	Yes
Whether encumbered share is 20% or more of total share capital	Yes (26.08%) of total share capital

Details of all the existing events/ agreements pertaining to encumbrance

		Encumbrance
	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: 2666800 % of total share capital: 1.49%
	Name of the entity in whose favour shares encumbered (X)	A. Anadya Property Pvt. Ltd., B. Infosoft Global Pvt. Ltd. and C. SKS Fincap 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 Finance Companies and C Non Banking Finance Company
about the encumbrance Security Cover Asset Cover		Listed company and its group companies (if any) -
Specific details	Names of all other entities in the agreement	Prakash Industries Limited, Promoters and Promoters 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.20.00 Crores (A. Rs.5 crores; B. Rs.5 Crores and C. Rs. 10 Crores)
	Amount involved (against which shares have been encumbered) (B)	Date of creation of encumbrance: 16.07.2021 Rs.10.00 Crores (A. Rs.2.50 Crores; B. Rs.2.50 Crores and C. Rs.5.00 Crores) 2.00 No Yes Loan of Rs.10 Crores taken for Working Capital, Principal paybale after 180 days and / or six months Nil
	Ratio of A / B
	Borrowed amount to be utilized for what purpose -
	(a) Personal use by promoters and PACs
End use of money	(b) For the benefit of listed company
	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)

Þ, ↽

Signature of Authorised Signatory

Place: New Delhi Date: 19.07.2021

Hi-tech Mercantile (India) Private Limited

Corp. Office: 303, Himland House, D-5, Karampura Commercial Complex,

New Delhi - 110015.

CIN: U74899PB1994PTC053065 E-mail: nkchaturvedi1960@gmail.com

19th July, 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 Hi-tech Mercantile (India) 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					19 July 2021
Name of the promoter or PAC on whose shares encumbrance has been created/released/invoked						HI-TECH MERCANTILE (INDIA) PVT LTD
Details of the creation of encumbrance:
Name of the promoter(s) or PACs with him	Promoter holding in the target Promoter holding already	company (1)	encumbered (2)					Details of events pertaining to encumbrance (3)					Post event holding of encumbered shares
		share capital	No. of shares % of total No. of shares % of total Type	share capital levent	(creation/ release/	invocation) encumbran undetaking/ of Date ce	creaton/ encumbrance encumbrance shares invocation (pledge/ lien/ release of non disposal others) of Type	of Reasons for No.		capital Ishare	whose favour shares shares of % of total Name of the entity in No. encumbered		of % of total capital share
HI-TECH MERCANTILE (INDIA) PVT LTD *	2720695	1.52	1888295	1.05		Creation 16.07.2021	Pledge	Third Party Pledge	832400	0.46	SKS Fincap Pvt. Ltd.	2720695	1.52

For Hi-tech Mercantle (India) Prt. Ltd. Authorised Signatory

Place: New Delhi
Date: 19.07.2021

* The details of encumbrances of residual promoters as on 12.07.2021 enclosed herewith as Annexure 1 is an extract of the data available of the Target Company

Annexure " I "

PRAKASH INDUSTRIES LIMITED Details of encumberance of residual promoters as on 12.07.2021

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
$\mathbf 1$	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
$\ddot{4}$	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.	314500	0.18	314500	0.18
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 15	GMK BUILDERS PVT. LTD. GOEL CONTAINERS PVT. LTD.	8164800 1378682	4.56 0.77	3011750	1.68 0.71
16	HISSAR TUBES PVT. LTD.	780000	0.44	1278682 780000	0.44
17	NEW ERA COMMERCE & SECURITIES PVT. LTD.	215985	0.12	215900	0.12
18	OCEAN ISPAT PVT. LTD.	300000	0.17	300000	0.17
19	PAREEK OVERSEAS PVT. LTD.	623060	0.35	392618	0.22
20	PRAKASH CAPITAL SERVICES LTD.	1508467	0.84	1508400	0.84
21	PRAKASH INDUSTRIAL FINANCE LTD.	904950	0.51	904950	0.51
22	PREMIER FINCAP PVT. LTD.	793000	0.44	793000	0.44
23	PRIMENET GLOBAL LTD.	2470500	1.38	2456500	1.37
24	PRIME MERCANTILE PVT. LTD.	3701470	2.07	1460200	0.82
25	PROSPERO SECURITIES PVT. LTD.	515800	0.29	515800	0.29
26	ROURKELA STEEL PVT. LTD.	790633	0.44	790633	0.44
27	SAMYAK SECURITIES PVT. LTD	1500000	0.84	1500000	0.84
28	SHREE LABH LAKSHMI CAPITAL SERVICES PVT. LTD.	2311471	1.29	2262871	1.26
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	$\bf{0}$	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 36	VISION MERCANTILE PVT. LTD. WELTER SECURITIES LTD.	1866754 5006666	1.04 2.80	1866700 4736600	1.04 2.64
37	CHAIBASA STEEL LLP	250000	0.14	250000	0.14
38	DHRUV COMMERCE LLP	1467000	0.82	560000	0.31
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	570012	0.32	570012	0.32
43	PREMIER FINCAP LLP	450480	0.25	450480	0.25
44	ROURKELA STEEL LLP	636500	0.36	$\mathbf{O}$	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	910000	0.51
48	SUVARNA MARKETING LLP	95000	0.05	95000	0.05
	TOTAL	70664037	39.46	42153893	23.54