Salzer Electronics Ltd. — Major Shareholding Notification 2024

Jun 21, 2024

June 21, 2024

To

BSE Limited. National Stock Exchange of India Limited $(NSE)$ I Floor, New Trading Ring, Exchange Plaza, Rotunda Building, P.J.Towers, Bandra Kurla Complex, Dalal Street, Fort. Bandra East, Mumbai - 400 001. Mumbai - 400051

Scrip code: 517059

Sub: Disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

Dear Sir/Madam,

Please find enclosed herewith disclosure under Regulation 29(2) of SEBI (SAST) Regulations, 2018 with respect to sale of 150000 shares by M/s.Salzer Exports Ltd by way of off-market of said number of shares on conversion of share warrants on 19.06.2024.

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: 21-June-2024 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 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	5647336	31.94%	31.94%
b) Shares in the nature of encumbrance (pledge/lien/non-disposal undertaking/ others)	1139455	6.44%	6.44%
c) Voting rights (VR) otherwise than by shares
d) Warrants/convertible securities/any other instrument that	0	0.00%
entitles the acquirer to receive shares carrying voting rights in the			$0.00\%$
T C (specify holding in each category)
e) Total (a+b+c+d)	6786791	38.38%	38.38%
Details of acquisition/sale
a) Shares carrying voting rights acquired/sold
Acquired
Sold	150000	0.85%	0.85%
b) VRs acquired /sold 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/sold
d) Shares encumbered / invoked/released by the acquirer
e) Total (a+b+c+/-d)	150000	0.01	0.85%
After the acquisition/sale, holding of
a) Shares carrying voting rights	5497336	31.09%	31.09%
b) Shares encumbered with the acquirer	1139455	6.44%	6.44%
c) VRs otherwise than by shares
d) Warrants/convertible securities/any other instrument	0	$0.00\%$	$0.00\%$
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)	6636791	37.53%	37.53%

Muy

Mode of acquisition / sale (e.g. open market / off-market / public issue / rights issue / preferential allotment / inter-se transfer etc).	Off-market
Date of acquisition / sale of shares / VR or date of receipt of intimation of allotment of shares, whichever is applicable	28.05.2024
Equity share capital / total voting capital of the TC before the said acquisition / sale	Rs.17,68,27,370/-
Equity share capital/ total voting capital of the TC after the said acquisition / sale	Rs.17,68,27,370/-
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: 21-June-2024 Place: COIMBATORE

PART B

Name of the Target Company: Salzer Electronics Ltd

Name(s) of the person Acting in Concert (PAC) with the person	Whether the person belongs to Promoter/Promoter group	PAN of the persons and PACs
R Doraiswamy	Promoter	AAZPD0906D
D Rajeshkumar	Promoter	ADSPR6198K
Vishnu Rangaswamy	Promoter	ADBPV4883G
Thilagam R	Promoter	ABTPT7890D
S R V E Industries Ltd	Promoter's Body Corp	AALCS3274Q
Quebec Information Services I Ltd	Promoter's Body Corp	AAECS3415Q
Salzer Exports Limited	Promoter's Body Corp	AADCS0675B
Salzer Securities Holdings Limited	Promoter's Body Corp	AALCS2425B
K R Health Care P Ltd	Promoter's Body Corp	AABCK9628A
Saradha Investment Ltd	Promoter's Body Corp	AADCS0232L
Salzer Magnet Wires Ltd	Promoter's Body Corp	AAMCS7346N
R Pappammal	Promoter group	APSPP1950P
Samhita Rajesh	Promoter group	EPKPS8618F
Total

For and on behalf of promoter group of Salzer Electronics Ltd

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

Date: 21-June-2024 Place: COIMBATORE