Pricol Limited — Major Shareholding Notification 2021

Mar 8, 2021

Monday, 8th March, 2021

The Manager Listing Department	Corporate Relationship Department
National Stock Exchange of India Limited	BSE Limited
"Exchange Plaza', C-1, Block G	1st 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: PRI CO LLTD	Script Code: 540293

Dear Sirs,

Sub: Intimation under Regulation 10(5) for intention for an inter-se transfer amongst immediate relatives under Regulation l0(l)(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 by way of gift of 9,40,270 (0.77%) shares, details of which are stated below:

Date of transaction	Name ofperson(belongs topromotergroup)/Transferor	Name oftheTransferee/ Acquirer	Number ofsharesproposed tobe acquiredas gift	% ofshareholding
15th March 2021 to19th March 2021	Mr.VijayMohan	Mrs. V anithaMohan	9,40,270	0.77%

This transaction, being an inter-se transfer of shares among the promoter group and immediate relatives, falls within the exemptions provided under Regulation 10 (l)(a)(ii) of the SEBI (SAST) Regulations, 2011. The aggregate holding of Promoter and Promoter Group before and after the above inter-se transaction remains the same.

In this connection necessary disclosure under Regulation 10(5) for the above said acquisition in the prescribed format is enclosed herewith for your kind information and records.

With Regards

Vanitha Mohan

Encl: as above

CC: Pricol Limited, 109, Race Course, Coimbatore - 641018

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

1.	Name of the Target Company (TC)	Pricol Limited
2.	Name of the acquirer(s)	Mrs. Vanitha Mohan
3.	Whether the acquirer(s) is/ are promoters of theTC prior to the transaction. If not, nature ofrelationship or association with the TC or itspromoters	The acquirer is a Promoter.TransferorandTransfereeareimmediate relatives and Promoters ofPricol Limited.
4.	Details of the proposed acquisition
	a. Name of the person( s) from whom shares areto be acquired	Mr. Vijay Mohan
	b. Proposed date of acquisition	During 15th March 2021 to 19th March,2021
	Number of shares to be acquired from eachC.person mentioned in 4(a) above	Receive by way of gift from Mr.Vijayshares ofMohan 9,40,270 (0. 77%)Re.1/-each of Pricol Limited.
	d. Total shares to be acquired as % of sharecapital of TC	0.77%
	e. Price at which shares are proposed to beacquired	NA
	Rationale, if any, for the proposed transferf.	lnter-se transfer among Immediaterelatives
5.	Relevant sub-clause of regulation 10(1 )(a) underwhich the acquirer is exempted from makingopen offer	10(1 )(a)(i)
6.	If, frequently traded, volume weighted averagemarket price for a period of 60 trading dayspreceding the date of issuance of this notice astradedonthestockexchangewherethemaximum volume of trading in the shares of theTC are recorded during such period.	Rs.57.50
7.	If in-frequently traded, the price as determined interms of clause (e) of sub-regulation (2) ofregulation 8.	Not Applicable
8.	Declaration by the acquirer, that the acquisitionprice would not be higher by more than 25% of theprice computed in point 6 or point 7 as applicable.	Not Applicable
9.	Declaration by the acquirer, that the transferorand transferee have complied / will comply withapplicable disclosure requirements in Chapter VoftheTakeoverRegulations,2011( correspondingprovisionsoftherepealedTakeover ReQulations 1997)	Yes
10.	Declaration by the acquirer that all the conditionsspecified under regulation 10(1 )(a) with respectto exemptions has been duly complied with.	Yes

. ... Contd2

11 .	Shareholding details		Before the proposedtransaction		After the proposedtransaction
			No. of shares/ votingrights	% w.r.ttotalSharecapital ofTC	No. of shares/ voting rights	% w.r.ttotalsharecapitalof TC
	a	Acquirer(s) and PACs (other thansellers)(*) -Mrs.Vanitha Mohan	47,91, 198	3.93	57,31,468	4.70
	b	Seller (s) -Mr.Vijay Mohan	1,17,51,785	9.64	1,08,11,515	8.87

Vanitha Mohan

Date : 08 - M Cll1_ - <io &, J

/2/