Salzer Electronics Ltd. — Major Shareholding Notification 2023

Aug 31, 2023

August 30, 2023

To

BSE Limited, I Floor, New Trading Ring, Rotunda Building, P.J. Towers, Dalal Street, Fort. Mumbai - 400 001.

Scrip code: 517059

National Stock Exchange of India Ltd (NSE) Exchange Plaza, Bandra Kurla Complex, Bandra East, Mumbai - 400051

Sub: Disclosure of acquisition of securities under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2018

Please find enclosed herewith disclosure under Requlation 29(2) of SEBI (SAST) Regulations, 2018 with respect to acquisition of shares by M/s.Salzer Exports Ltd - a Promoters' Body Corporate under preferential basis on conversion of share warrants on 22.08.2023.

Kindly take the above information on record.

Thanking you, For and on behalf of promoter group of Salzer Electronics Ltd under PAC

D.RAJESHKUMAR (Signature of the acquirer / Authorised Signatory) Date: 30-08-2023 Place: COIMBATORE

Encl: $a/a$

$CC:$ The Company Secretary M/s.Salzer Electronics Limited Samichettipalayam, Coimbatore - 641 047

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

Name of the Target Company (TC)	Salzer Electronics Ltd
Name(s) of the acquirer and Persons Acting in Concert List Enclosed
(PAC) with the acquirer
Whether the acquirer belongs to Promoter/Promoter	Yes
group
Name(s) of the Stock Exchange(s) where the shares of TC BSE Limited & NSE Limited
are
Listed
Details of the acquisition / disposal as follows	Number	% w.r.t.total	% of total
		share/voting	diluted
		capital	share/voting
		wherever	capital of the
		applicable(*)	$TC$ $(*)$
Before the acquisition under consideration, holding of :
a) Shares carrying voting rights	5659835	34.34	38.79
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	1200000	4.85	$\bf{0}$
entitles the acquirer to receive shares carrying voting rights in the
TC (specify holding in each category) e) Total (a+b+c+d)	6859835	39.19	38.79
Details of acquisition/sale
a) Shares carrying voting rights acquired/sold
Acquired	200000	0.79	0.79
Sold
b) VRs acquired /sold otherwise than by shares
c) Warrants/convertible securities/any other instrument that	0	0.00	0.00
entitles the acquirer to receive shares carrying voting rights in the
TC (specify holding in each category) acquired/sold
d) Shares encumbered / invoked/released by the acquirer
e) Total (a+b+c+/-d)	200000	0.79	0.79
After the acquisition/sale, holding of
a) Shares carrying voting rights	5859835	35.13	38.79
b) Shares encumbered with the acquirer
c) VRs otherwise than by shares
d) Warrants/convertible securities/any other instrument	1000000	3.67	0.00
that entitles the acquirer to receive shares carrying
voting rights in the TC (specify holding in each
category) after acquisition
e) Total (a+b+c+d)	6859835	38.79	38.79

Mode of acquisition / sale (e.g. open market / off-market / public issue / rights issue / preferential allotment / inter-se transfer etc).	Allotment of equity shares on conversion of share warrants
Date of acquisition / sale of shares / VR or date of receipt of intimation of allotment of shares, whichever is applicable	22.08.2023
Equity share capital / total voting capital of the TC before the said acquisition / sale	Rs.16,48,27,370/-
Equity share capital/ total voting capital of the TC after the said acquisition / sale	Rs.16,68,27,370/-
Total diluted share/voting capital of the TC after the said lacquisition	Rs.17,68,27,370/-

(*) Total share capital/voting capital to be taken as per the latest filing done by the company to the Stock Exchange under Clause 35 of the listing Agreement.

(**) 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.

For and on behalf of promoter group of Salzer Electronics Ltd under PAC

Xny

D.RAJESHKUMAR (Signature of the acquirer / Authorised Signatory) Date: 30 August 2023 Place: COIMBATORE

Annexure 1 Promoter(s), member of the promoter Group under PAC

Name of promoters and Persons forming part of Promoters' Group	Equity Shares	% (Voting Capital)	Equity Shares after dilution	$%$ (Diluted) $*$	$%$ voting Capital (otherwise than by shares)
R Doraiswamy	319139	1.94	319139	1.80
D Rajeshkumar	262420	1.59	262420	1.48
Vishnu Rangaswamy	783289	4.75	783289	4.43
Thilagam R	486044	2.95	486044	2.75
Salzer Securities Holdings Limited	107007	0.65	107007	0.61
Salzer Spinners Limited		0.00	500000	2.83
SRVE Industries Ltd	821733	4.99	821733	4.65
KR Health Care PLtd	504987	3.06	504987	2.86
Salzer Exports Limited	784761	4.76	884761	5.00
Quebec Information Services I Ltd	706847	4.29	1106847	6.26
Saradha Investment Ltd	901470	5.47	901470	5.10
Salzer Magnet Wires Ltd	96416	0.58	96416	0.55
R Pappammal	59922	0.36	59922	0.34
Samhita Rajesh	25800	0.16	25800	0.15
Total	5859835	35.55	6859835	38.79

For and on behalf of promoter group of Salzer Electronics Ltd under PAC

Xrx

D.RAJESHKUMAR (Signature of the acquirer / Authorised Signatory) Date: 30 August 2023 Place: COIMBATORE