Salzer Electronics Ltd. — Major Shareholding Notification 2024

Jul 19, 2024

July 17, 2024

To

BSE Limited,

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

Scrip code: 517059

Dear Sir/Madam,

Sub: Revised disclosure under Regulation 31(3) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 - reg

Ref: Our original disclosure on 16.05.2024

We are filing our Revised Disclosure under Regulation 31(3) of SEBI (SAST) Regulations, 2018 with respect to partial release of shares encumbered by the promoters group (M/s. Salzer Exports Ltd & M/s. SRVE Industries Ltd) by Tata Capital Financial Services Limited, wherein we have disclosed the REASON for partial release of encumbered shares.

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: 17-July-2024 Place: COIMBATORE

Encl: a/a

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

Format for disclosure by the Promoter(s) to the stock exchanges and to the Target Company for encumbrance of shares / invocation of encumbrance/ release of encumbrance, in terms of Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

Name of the Target Company (TC)								Salzer Electronics Ltd
Names of the Stock Exchanges where the shares of the target company are listed							b) BSE Ltd The National Stock Exchange of India Limited C)
Date of reporting							May 16, 2024
Name of the promoter or PAC on whose shares encumbrance has been created/released/invoked							List enclosed
		Details of the creation/invocation/release of encumbrance:				RELEASE
Name of the promoter $(s)$ or PACs with $him(*)$		Promoter holding in the target company (1)	Promoter holding already encumbered (2)				Details of events pertaining to encumbrance (3)						Post event holding of encumbered shares {creation $[(2)+(3)]/$ release $(2)$ - (3)]/ invocation $[(2)-$ (3)]
	No. of shares	% of total share capital	No. of shares	% of total share capital	Type of event (creation / release /	Date of release of invocation) encumbran ce	Type of creation/ encumbran invocation ce (pledge/encumbra lien/ non- disposal undertakin g/-others)	Reasons for nce/ Release	No. of shares	$%$ of total capital	Name of the entity in share whose favor shares encumbered	No. of shares	$%$ of total share capital

$\mathcal{C}$

$\mathbf{z}$

M/s.Salzer Exports Limited & M/s.SRVE Industries Ltd (along with PAC)	6486791	37.32	1486900	8.55	Release	15-05-2024	Pledge	Release on 347445 account of increase in the market price of the pledged shares as per the terms of the lender		2.00	Tata Capital Financial Services Limited	1139455	6.56
----------------------------------------------------------------------------------------------	---------	-------	---------	------	---------	------------	--------	--------------------------------------------------------------------------------------------------------------------------------------------------	--	------	---------------------------------------------------------	---------	------	--

For and on behalf of promoter group of Salzer Electronics Ltd

D.RAJESHKUMAR (Signature of the acquirer / Authorised Signatory)

农

Place: COIMBATORE Date: 17.07.2024

(**) The names of all the promoters, their shareholding in the target company and their pledged shareholding as on the reporting date should appear in the table irrespective of whether they are reporting on the date of event or not.

(*) Total share 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.

$+1111$