Salzer Electronics Ltd. — Major Shareholding Notification 2024

Mar 2, 2024

March 1, 2024

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

National Stock Exchange of India Limited

Exchange Plaza, Bandra Kurla Complex, Bandra East, 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 acquisition of shares by Doraiswamy Vishnu Rangaswamy, one the promoters through open market on 28 & 29.02.2024.

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: 01-March-2024 Place: COIMBATORE

Encl: a/a

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

To

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

Name of the Target Company (TC)
Name(s) of the acquirer and Persons Acting in Concert List Enclosed	Salzer Electronics Ltd
(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-disposal	4981391	29.86%	28.17%
undertaking/ others)	1486900	8.91%	8.41%
c) Voting rights (VR) otherwise than by shares
d) Warrants/convertible securities/any other instrument that	300000	$0.00\%$	1.70%
entitles the acquirer to receive shares carrying voting rights in the
TC (specify holding in each category)
e) Total (a+b+c+d)	6768291	38.77%	38.28%
Details of acquisition/sale
a) Shares carrying voting rights acquired/sold
Acquired	18500	0.11%	0.10%
Sold
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)
After the acquisition/sale, holding of
a) Shares carrying voting rights	4999891
b) Shares encumbered with the acquirer	1486900	29.97% 8.91%	28.28%
c) VRs otherwise than by shares			8.41%
d) Warrants/convertible securities/any other instrument	300000	$0.00\%$
that entitles the acquirer to receive shares carrying			1.70%
voting rights in the TC (specify holding in each
category) after acquisition
$e)$ Total (a+b+c+d)	6786791	38.88%	38.38%

Mode of acquisition / sale (e.g. open market / off-market / public issue / rights issue / preferential allotment / inter-se transfer etc).	Purchased on Open market
Date of acquisition / sale of shares / VR or date of receipt of intimation of allotment of shares, whichever is applicable	28.02.2024 & 29.02.2024
Equity share capital / total voting capital of the TC before the said acquisition / sale	Rs.16,68,27,370/- (consisting of 16682737 equity shares of Rs.10/- each)
Equity share capital/ total voting capital of the TC after the said acquisition / sale	Rs.16,68,27,370/- (consisting of 16682737 equity shares of Rs.10/- each)
Total diluted share/voting capital of the TC after the said acquisition $\mathbf{P}$ and $\mathbf{P}$ and $\mathbf{P}$ are the set of $\mathbf{P}$ and $\mathbf{P}$ are the set of $\mathbf{P}$	Rs.16,68,27,370/- (consisting of 16682737 equity shares of Rs.10/- each)

(*) 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: 01-March-2024 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	1.91	319139	1.80
D Rajeshkumar	262420	1.57	262420	1.48	٠
Vishnu Rangaswamy	805740	4.83	805740	4.56	$\overline{\phantom{a}}$
Thilagam R	486044	2.91	486044	2.75
Salzer Securities Holdings Limited	107007	0.64	107007	0.61	$\overline{\phantom{a}}$
Salzer Spinners Limited	300000	1.80	500000	2.83
S R V E Industries Ltd	821733	4.93	821733	4.65
K R Health Care P Ltd	504987	3.03	504987	2.86
Salzer Exports Limited	785682	4.71	885682	5.01
Quebec Information Services I Ltd	1106847	6.63	1506847	8.52
Saradha Investment Ltd	901470	5.40	901470	5.10	$\overline{\phantom{a}}$
Salzer Magnet Wires Ltd		0.00	$\Omega$	0.00
R Pappammal	59922	0.36	59922	0.34	$\overline{\phantom{a}}$
Samhita Rajesh	25800	0.15	25800	0.15	$\overline{\phantom{a}}$
Total	6486791	38.88	7186791	40.64

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

D.RAJESHKUMAR (Signature of the acquirer / Authorised Signatory) Date: 01-March-2024 Place: COIMBATORE