Pricol Limited — Major Shareholding Notification 2021

Jun 18, 2021

Friday, 18th June, 2021

The Manager Listing Department	Corporate Relationship Department
National Stock Exchange of India Limited	BSE Limited
"Exchange Plaza', C-1, Block G	1 st Floor, New Trading Ring
Bandra-Kurla Complex,	Rotunda Building, P J Towers,
Bandra (E), Mumbai - 400 051	Dalal Street, Fort, Mumbai 400 001
Script Code: PRICOLLTD	Script Code: 540293

Dear Sirs.

Sub: Information under Regulation 10(5) regarding inter-se transfer (indirect) amongst the promoters under Regulation 10(1)(a)(i) of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011

I hereby submit the disclosure as required under Regulation 10(5) of the SEBI (SAST) Regulations, 2011, for acquisition (indirect) by way of gift of 11,001,762 (9.03%) shares of Pricol Limited, details of which are stated below:

• a) Inter-se transfer of shares of Pricol Holdings Limited among Immediate relatives. Pricol Holdings Limited, a promoter group of Pricol Limited, holds 11,001,762 shares (9.03%) of Re.1 each of Pricol Limited.
• b) Receipt by way of Gift to me, from:
  • Mr.Vijay Mohan 22,495 Shares of Rs.100/- each of Pricol Holdings Limited.
  • Mrs. Vanitha Mohan 22,496 Shares of Rs. 100/- each of Pricol Holdings Limited.
  • Mr.Viren Mohan 1 Share of Rs. 100/- each of Pricol Holdings Limited.

Total – 44,992 Shares of Rs.100/- each of Pricol Holdings Limited.

As only the shares of Pricol Holdings Limited are transferred between the promoters of Pricol Limited, there will not be any change in the Promoters Shareholding of Pricol Limited.

Disclosure under Regulation 10(5) for the above said acquisition in the prescribed format is enclosed herewith for your kind information and records.

Yours Truly

1 - mont-

Vikram Mohan

Encl: as above Cc: Pricol Limited, 109, Race Course, Coimbatore - 641 018

Disclosures under Regulation 10(5) – Intimation to Stock Exchanges in respect of acquisitionunder Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

$\overline{1}$ .		Name of the Target Company (TC)	Pricol Limited
2.		Name of the acquirer(s)	Mr. Vikram Mohan
$\overline{3}$ .		Whether the acquirer(s) is/ are promoters of the	The acquirer is a Promoter.
		TC prior to the transaction. If not, nature of	Transferor and Transferee are immediate
		relationship or association with the TC or its	relatives and promoters of Pricol Limited
4.		promotersDetails of the proposed acquisition
	a.	Name of the person(s) from whom shares are	Mr. Vijay Mohan
		to be acquired	Mrs. Vanitha Mohan
			Mr. Viren Mohan
	b.	Proposed date of acquisition	During 25st June 2021 to 30th June, 2021
	c.	Number of shares to be acquired from eachperson mentioned in 4(a) above	Receipt by way of Gift from:
			Mr.Vijay Mohan - 22,495 Shares ofRs.100/- each of Pricol Holdings Limited.
			Mrs. Vanitha Mohan - 22,496 Shares of
			Rs.100/- each of Pricol Holdings Limited.
			Mr. Viren Mohan - 1 Share of Rs. 100/-each of Pricol Holdings Limited.
			Total - 44,992 Shares of Rs.100/- eachof Pricol Holdings Limited.
	d.	Total shares to be acquired as % of sharecapital of TC	9.03 %
	le.	Price at which shares are proposed to beacquired	NA
	f.	Rationale, if any, for the proposed transfer	Inter-se transfer of shares of Pricol
			Holdings Limited among Immediaterelatives.
			Pricol Holdings Limited, a promoter
			group of Pricol Limited, holds 11,001,762
			shares (9.03%) of Re.1 each of Pricol
			Limited.
5.		Relevant sub-clause of regulation $10(1)(a)$ under $10(1)(a)(i)$
		which the acquirer is exempted from making openoffer
6.		If, frequently traded, volume weighted average	Rs.79.50
		market price for a period of 60 trading days
		preceding the date of issuance of this notice as
traded on the stock exchange where the
		maximum volume of trading in the shares of the
7.		TC are recorded during such period.
		If in-frequently traded, the price as determined interms of clause (e) of sub-regulation (2) of	Not Applicable
		regulation 8.

...Contd2

$\epsilon$

8.		Declaration by the acquirer, that the acquisitionprice would not be higher by more than 25% ofthe price computed in point 6 or point 7 asapplicable.	Not Applicable
9.		Declaration by the acquirer, that the transferorand transferee have complied / will comply withapplicable disclosure requirements in ChapterV of the Takeover Regulations, 2011(corresponding provisions of the repealedTakeover Regulations 1997)	Yes
10.		Declaration by the acquirer that alltheconditions specified under regulation 10(1)(a)with respect to exemptions has been dulycomplied with.	Yes
11.	Shareholding details		Before the proposedTransaction		After the proposedtransaction
			No. ofshares/votingrights	% w.r.ttotalsharecapital ofTC	No. ofshares/votingrights	% w.r.ttotalsharecapitalof TC
	a	Acquirer(s) and PACs (other than sellers) $(#)$ -Mr. Vikram Mohan	76,25,506	6.26	76,25,506	6.26
	b	Seller (s)#Mr. Vijay MohanMrs. Vanitha MohanMr. Viren Mohan	96,15,63657,31,46866,58,409	7.894.705.46	96,15,63657,31,46866,58,409	7.894.705.46

As only the shares of Pricol Holdings Limited are transferred between the promoters of PricolLimited, there will not be any change in the Promoters Shareholding of Pricol Limited.

1 immedia

Vikram Mohan

Date: 18-June-2021