Salzer Electronics Ltd. — Major Shareholding Notification 2024

Jan 9, 2024

January 9, 2024

To

BSE Limited,

National Stock Exchange of India Limited

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

Exchange Plaza, Bandra Kurla Complex, Bandra East. Mumbai - 400051

Scrip code: 517059

Kind attn.: Mr. Rakesh Parekh,

Dear Sir

• Sub: Disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
• Our earlier filing dt. 06.12.2023 Ref: Your e-mail dt. 09.01.2024

Please find enclosed herewith REVISED 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 05.12.2023 with due corrections.

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: 9^th January 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 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	4278740	25.65%	24.20%
b) Shares in the nature of encumbrance (pledge/lien/non-disposal undertaking/others)	1486900	8.91%	8.41%
c) Voting rights (VR) otherwise than by shares
d) Warrants/convertible securities/any other instrument that
entitles the acquirer to receive shares carrying voting rights in the	1000000	$0.00\%$	5.66%
TC (specify holding in each category)
e) Total (a+b+c+d)	6765640	34.56%
Details of acquisition/sale			38.26%
a) Shares carrying voting rights acquired/sold
Acquired	2650	0.02%	0.01%
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	4281390	25.66%	24.21%
b) Shares encumbered with the acquirer	1486900	8.91%	8.41%
c) VRs otherwise than by shares
d) Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying	1000000	$0.00\%$	5.66%
voting rights in the TC (specify holding in each
category) after acquisition
e) Total (a+b+c+d)	6768290
		34.58%	38.28%

Any

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	05.12.2023
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 .	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: 06-December-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	1.91	319139	1.80
D Rajeshkumar	262420	1.57	262420	1.48	$\overline{a}$
Vishnu Rangaswamy	787239	4.72	787239	4.45	$\sim$
Thilagam R	486044	2.91	486044	2.75	$\overline{\phantom{a}}$
Salzer Securities Holdings Limited	107007	0.64	107007	0.61
Salzer Spinners Limited		0.00	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	$\blacksquare$
Quebec Information Services I Ltd	706847	4.24	1106847	6.26	۰
Saradha Investment Ltd	901470	5.40	901470	5.10	$\overline{\phantom{a}}$
Salzer Magnet Wires Ltd		0.00		0.00	٠
R Pappammal	59922	0.36	59922	0.34	$\frac{1}{2}$
Samhita Rajesh	25800	0.15	25800	0.15	$\overline{\phantom{a}}$
Total	5768290	34.58	6768290	38.28

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

D.RAJESHKUMAR (Signature of the acquirer / Authorised Signatory) Date: 06-December-2023 Place: COIMBATORE