Shalby Limited — Capital/Financing Update 2021

Dec 7, 2021

December 7, 2021

Shalby/SE/2021-22/81

The Listing Department National Stock Exchange of India Ltd Mumbai 400 051.

Scrip Code : SHALBY Through : https://neaps.nseindia.com/NEWLISTINGCORP/

Corporate Service Department BSE Limited Mumbai 400 001.

Scrip Code: 540797 Through : http://listing.bseindia.com

Sub: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements), Regulations, 2015 ("the SEBI LODR")

Dear Sir/ Madam,

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated 9th September, 2015, we w ish to inform that the Company's Wholly-owned Subsidiary Mars Medical Devices Limited (MMDL) has further subscribed 2,09,000 equity shares of SGD 1 each in MMDL'S Subsidiary Shalby Global Technologies Pte. Ltd., Singapore (SGTPL), and remitted funds for the same on December 7, 2021. SGTPL is a subsidiary of Mars Medical Devices Limited and a Step-down Subsidiary of the Company. Shareholding of MMDL in SGTPL is now increased from 96% to 97.82%.

The details as required under SEBI circular no. CIR/CFD/CMD/4/2015 dated 9th September, 2015, is provided in Annexure A.

This is for your information and record.

Thanking you.

Yours sincerely

Tushar AVP & Company Secretary Mem. No: FCS-7216

Encl.: Annexure - A

Shalby Limited

Regd. Off. : Opp. l(arnavati Club, S G Road, Ahmedabad - 380015 (India) Tel. No.: (079) 40203000 I Fax: (079) 40203109 I www.shalby.org I info@shalby.org Regd. No.: 061000596 I CIN : L85110Gl2004PLC044667 Vapi - Indore - Jabalpur - Mohali - Naroda (Ahmedabad) Krishna Shalby (Ahmedabad) Surat - Jaipur L coming Hospitals· Nast--1k - Mumbai

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Annexure -A

Sr. No.	Particulars	Details
1	Name of Target Entity	Shalby Global Technologies Pte. Ltd.
	Details in brief such as size,	Authorized Share Capital: 4,59,000 Equity Shares
	Turnover etc.;	of SGD 1 each.
		Paid up Share Capital: 4,59,000 Equity Shares of
		SGD 1 each.
2	Whether the acquisition would fall within related party transaction(s) and whether the promoter/promoter group/group companies have any interest in the entity being acquired?	Mars Medical Devices Limited (Wholly-owned subsidiary of the Company) has further subscribed 2,09,000 equity shares of SGD 1 each in Shalby Global Technologies Pte. Ltd., Singapore (SGTPL) Current Shareholding of MMDL in SGPTL is now increased to 4,49,000 equity shares i.e. 97.82% Promoters & Group Companies are interested to the extent of their respective Shareholding as mentioned below: Shareholding
		Name	Pre	%	Post	%
		MMDL	2,40,000	96.00%	4,49,000	97.82%
		Dr. Vikram Shah	5,100	2.04%	5,100	1.11%
		Mr. Shanay Shah	4,900	1.96%	4,900	1.07%
		Total	2,50,000	100.00%	4,59,000	100.00%
		The subscription by the subsidiary mentioned above will fall within related party transactions.
	If yes, nature of interest and details thereof and whether the	The Promoters of the Company have interest in the above entity to the extent of their Directorship and
	same is done at "arms length"	Membership
3	Industry to which the entity being acquired belongs	Wholesale of medical, professional, scientific and precision equipment
4	of Objects and effects acquisition (including but not	Wholesale and Trading of Implant and Medical
	limited to, disclosure of reason	Equipment
	for acquisition of target entity, if
	its business is outside the main					~ r~
	line of business of the listed - .: ••. I					~
	-·,. - 11

Shalby Limited

^{~ p}61 Regd. Off.: Opp. Karnavati Club, S G Road, Ahmedabad - 380015 (India) Tel. No.: (079) 40203000 I Fax : (079) 40203109 I www.shalby.org I info@shalby.org -u

Regd. No. :061000596 I CIN: L85110GJ2004PLC044667 -* . Vapi - Indore - Jabalpur - Mohali - Naroda (Ahmedabad) Krishna Shalby (Ahmedabad) Surat - Jaipur coming Hospitals Ill~ 1 I I, ~ ,a·

Sr. No.	Particulars	Details
5	of Brief details any governmental or regulatory approval for required acquisition	Not applicable
6	time for Indicative period completion of the acquisition	Not applicable
7	Nature of Consideration Whether cash Consideration? Or Share Swap and details of the same	Cash
8	Cost of Acquisition or the price at which the shares are acquired	SGD 2,09,000 (Singapore Dollar Two Lakhs Nine Thousand only)
	Percentage of Shareholding / /or control acquired and number of shares acquired	Number of Shares acquired 2,09,000 Equity Shares. Current Shareholding of MMDL : 4,49,000 Equity Shares. Percentage of Shareholding after above acquisition : 97.82%
9	Brief background about the of entity acquired in terms of products/line business acquired, Date of incorporation, History of last 3 years turnover, Country in which the acquired entity has presence, Any other significant information (in brief)	Shalby Global Technologies Pte. Ltd. has been incorporated on May 3, 2021 at Singapore for the purpose of Whole-sale Trading of Implant and Medical Equipment

For the purpose of the above disclosure t he term 'Acquisition' shall have the same meaning as defined in explanation of sub-para (1) of Para (A) of part (A) of Schedule Ill of listing regulations.

Shalby Limited

Regd. Off.: Opp. l<arnavati Club, S G Road, Ahmedabad - 380015 (India) Tel. No.: (079) 40203000 I Fax : (079) 40203109 I www.shalby.org I info@shalby.org Regd. No.: 061000596 I CIN: L85110GJ2004PLC044667 Vapi - Indore - Jabalpur -'Mohali - Naroda (Ahmedabad) Krishna Shalby (Ahmedabad) Surat - Jaipur U coming Ho ,pitals : Nash11< Mur11bai