Saurashtra Cement Limited — Major Shareholding Notification 2021

Sep 22, 2021

GALAXY TECHNOLOGIES PRIVATE LIMITED

Regd Office: N K Mehta International House, 178 Backbay Reclamation, MUMBAI 400020. Tel. No: +91 22 66365490 / 91 Fax No. +91 22 66365445/26352413 Email: yogeshkumarshah@mehtagroup.com CIN-U72200MH2004PTC147819

Date: 21/09/2021

Email Id: Corp.relations@bseindia.com, corp.comm@bseindia.com

BSE Limited Corporate Relationship Management First Floor, P. J. Tower Mumbai 400 001.

Dear Sir,

Name of the Target Company (TC): Saurashtra Cement Limited, Scrip Code: 502175

Re: Disclosure under Regulation 31(2) of the SEBI (Substantial Acquisition of shares and Takeovers) Regulations, 2017

Pursuant to the provisions of Regulation 31(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, please find enclosed herewith disclosures regarding release of pledge in the prescribed format.

Sameta Exports Private Limited got merged with Galaxy Technologies Private Limited effective from 26/10/2020.

You are requested to take the same on record.

Thanking you,

Yours faithfully,

For Galaxy Technologies Private Limited

Authorised Signatory

Encl: Disclosures for release of pledge under Regulation 31(2) of the SEBI (SAST) Regulations, 2011

Cc to: The Company Secretary, Saurashtra Cement Limited, Ranavav 360 560, Gujarat. Email ID: sonalis@mehtagroup.com

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

Name of the Target Company (TC)	SAURASHTRA CEMENT LIMITED (TC)
Names of the stock exchanges where the shares of the target company are	BSE LIMITED
listed
Date of reporting	21/09/2021
Name of the promoter or PAC on whose shares encumbrance has been	SAMETA EXPORTS PRIVATE LIMITED (MERGED WITH GALAXY
ereated/released/invoked	TECHNOLOGIES PRIVATE LIMITED) DEMAT A/C 1301990000043778

Details of the release of encumbrance:

$\sigma$ is

Name of the promoter $(s)$ or PACs with him*	Promoter holding Promoter holding in the target already encumbered (2) company (1)			Details of events (Release) pertaining to encumbrance (3)							Post event holding of encumbered shares (creation $[(2)+(3)]/$ release $[(2)-(3)]$ / invocation $[(1)-(3)]]$
	Number	$\frac{0}{0}$ of total share capital	Number	$\frac{0}{0}$ of total share capital	Type of event (creation/ release / invocation)	Date of creation/ release/ invocation of encumbrance	Type of encumbrance (pledge/lien/ non disposal undertaking/ others)	Reasons for encumbrance **	Number	$\%$ of share capital	Name of the entity in whose favor shares encumbered ***	Number	% of total share capital
Sameta Exports Private Limited $(*)$	1,23,531	0.18	1,23,531	0.18	Release	17/09/2021	Others	Borrowing made by TC. Encumbrance released post settlement of account including Right of Recompense by $CDR$ Lenders.	1,23,531	0.18	IDBI Trusteeship Services Limited	NIL	NIL

*Merged with Galaxy Technologies Private Limited effective from 26/10/2020.

Authorized Signatory -Place: Mumbai

Date: 21/09/2021

• $\ast$ 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.
  For example, for the purpose of collateral for loans taken by the company, personal borrowing, third party pledge, etc.
• $**$
• This would include name of both the lender and the trustee who may hold shares directly or on behalf of the lender. ***

$\epsilon$ = $\epsilon$

$\epsilon_{\infty}$

$\sim$

$\overline{2}$