PVP Ventures Ltd — Major Shareholding Notification 2021

Mar 31, 2021

SSG India Opportunities I Limited

Rogers House 5 President John Kennedy Street Port Louis, Mauritius Tel: +230 213 1913 Fax: +230 208 6258

Date: 29 March 2021

BSE Limited National Stock Exchange of India Ltd . Phiroze Jeejeebhoy Towers Exchange Plaza, Dalal Street Plot no. C/1, G Block, Mumbai- 400001 Bandra-Kurla Complex Bandra (E) Mumbai - 400 051

PVP Ventures Limited 9th Floor, Door No. 2 KRM Centre, Chetpet Harrington Road Chennai – 600 031

Dear Sir/Madam,

Sub: Disclosure pursuant to Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 in relation to disposal of shares of PVP Ventures Limited

Pursuant to the Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, please find attached the disclosure in respect of the disposal of shares of PVP Ventures Limited

For and on behalf of

SSG India Opportunities I Limited

Authorized Signatory

SSG India Opportunities I Limited

Rogers House 5 President John Kennedy Street Port Louis, Mauritius Tel: +230 213 1913 Fax: +230 208 6258

Format for disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

1. Name of the Target Company (TC)	1. Name of the Target Company (TC)	PVP Ventures Limited	PVP Ventures Limited
2. Name(s) of the disposer and Persons Acting in Concert (PAC) with the disposer		SSG India Opportunities I Limited
3. Whether the disposer belongs to Promoter/Promoter group		No
4.Name(s) of the Stock Exchange(s) where the shares of TC are Listed		BSE Limited, National Stock Exchange of India Limited
5. Details of the	~~acquisition~~/ disposal as follows	Number	% w.r.t. total share/voting capital wherever applicable	% w.r.t. total diluted share/voting capital of the TC(*)
Before the disposal under consideration, holding of: a) Shares carrying voting rights b) Shares in the nature of encumbrance (pledge/ lien/ non-disposal undertaking/ others) c) Voting rights (VR) otherwise than by shares d) Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the T C (specify holding in each category)		24,505,2701 Nil Nil Nil	9.999% Nil Nil Nil	9.999% Nil Nil Nil
e) Total (a+b+c+d) (assuming conversion)		24,505,270	9.999%	9.999%

1 Held by SSG India Opportunities I Limited.

SSG India Opportunities I Limited

Rogers House 5 President John Kennedy Street Port Louis, Mauritius Tel: +230 213 1913 Fax: +230 208 6258

Details of~~acquisition /~~sale: a) Shares carrying voting rights disposed b) VRs disposed otherwise than by shares c) Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) acquired d) Shares encumbered / invoked/released by the acquirer	24,505,2702 Nil Nil Nil	9.999% Nil Nil Nil	9.999% Nil Nil Nil
e) Total (a+b+c+/-d)	24,505,270	9.999%	9.999%
After the~~acquisition/s~~ale, holding of: a) Shares carrying voting rights b) Shares encumbered with the acquirer c) VRs otherwise than by shares d) Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) after acquisition	Nil Nil Nil Nil	Nil Nil Nil Nil	Nil Nil Nil Nil
e) Total (a+b+c+d)	Nil	Nil	Nil
6. Mode of~~acquisition /~~ ~~s~~ale (e.g. open market / off-market / public issue / rights issue / preferential allotment / inter-se transfer etc).	Off Market (since trading is suspended)
7. Date of~~acquisition / ~~sale of shares / VR or date of receipt of intimation of allotment of shares, whichever is applicable	31 March 2021

2 Sold by SSG India Opportunities I Limited.

SSG India Opportunities I Limited

Rogers House 5 President John Kennedy Street Port Louis, Mauritius Tel: +230 213 1913 Fax: +230 208 6258

8. Equity share capital the TC before the said	/ total voting capital of ~~acquisition /~~sale	245,052,701 equity shares of face value of INR 10 as disclosed in the shareholding pattern dated December 31, 2020 disclosed on the website of BSE Limited.
9. Equity share capital/ total voting capital of the TC after the said~~acquisition /~~sale		245,052,701 equity shares of face value of INR 10 as disclosed in the shareholding pattern dated December 31, 2020 disclosed on the website of BSE Limited.
10. Total diluted share/voting capital of the TC after the said sale		245,052,701 equity shares of face value of INR 10 as disclosed in the shareholding pattern dated December 31, 2020 disclosed on the website of BSE Limited.

(*) Diluted share/voting capital means the total number of shares in the TC assuming full conversion of the outstanding convertible securities/warrants into equity shares of the TC.

Signature of the ~~acquirer~~ / seller / Authorised Signatory:

SSG India Opportunities I Limited.

Place: Mauritius

Date: 30 March 2021