Salzer Electronics Ltd. — Major Shareholding Notification 2023

Apr 5, 2023

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 share/voting capital wherever applicable(*)	% of total diluted share/voting capital of the $TC(*)$
Before the acquisition under consideration, holding of :
a) Shares carrying voting rights b) Shares in the nature of encumbrance (pledge/lien/non-	5168675	32.34	32.34
disposal undertaking/others)
c) Voting rights (VR) otherwise than by shares
d) Warrants/convertible securities/any other instrument that	1700000
entitles the acquirer to receive shares carrying voting rights in the		6.5	6.5
TC (specify holding in each category)
e) Total (a+b+c+d)	6868675	38.84	38.84
Details of acquisition/sale
a) Shares carrying voting rights acquired/sold
Acquired	300000	1.25	1.25
Sold
b) VRs acquired /sold otherwise than by shares
c) Warrants/convertible securities/any other instrument that	$\bf{0}$	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)	300000	1.25	1.25
After the acquisition/sale, holding of
a) Shares carrying voting rights b) Shares encumbered with the acquirer	5468675	33.59	33.59
c) VRs otherwise than by shares
d) Warrants/convertible securities/any other instrument
that entitles the acquirer to receive shares carrying	1400000	5.25	5.25
voting rights in the TC (specify holding in each
category) after acquisition
e) Total (a+b+c+d)
	6868675	38.84	38.84

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	01.04.2023
Equity share capital / total voting capital of the TC before the said acquisition / sale	Rs.15,98,27,370/-
Equity share capital/ total voting capital of the TC after the said acquisition / sale	Rs.16,28,27,370/-
Total diluted share/voting capital of the TC after the said acquisition	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

D.RAJESHKUMAR (Signature of the acquirer / Authorised Signatory) Date: 04-April-2023 Place: COIMBATORE

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

Name of promoters and Persons forming part of Promoters' Group R Doraiswamy	Equity Shares	% (Voting Capital)	Equity Shares after dilution	$%$ (Diluted) $*$	% voting Capital (otherwise than by shares)
D Rajeshkumar	319139	2.00	319139	1.80
Vishnu Rangaswamy	262420	1.64	262420	1.48
Thilagam R	783289	4.90	783289	4.43
Salzer Securities Holdings Limited	486044	3.04	486044	2.75
Salzer Spinners Limited	107007	0.67	107007	0.61
S R V E Industries Ltd		0.00	500000	2.83
K R Health Care P Ltd	721733	4.52	821733	4.65
	404987	2.53	504987	2.86
Salzer Exports Limited	384761	2.41	884761	5.00	×
Quebec Information Services I Ltd	706847	4.42	1106847	6.26
Saradha Investment Ltd	801472	5.01	901472
Salzer Magnet Wires Ltd	105254	0.66	105254	5.10	ä,
R Pappammal	59922	0.37		0.60
Samhita Rajesh	25800	0.16	59922	0.34
Total	5168675	32.34	25800	0.15
			6868675	38.84

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

≯

D.RAJESHKUMAR Substantian

(Signature of the acquirer / Authorised Signatory)

Date: 04-April-2023

Place: COIMBATORE