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Shalimar Paints Ltd. Major Shareholding Notification 2021

Dec 14, 2021

62395_rns_2021-12-14_966387f3-fadd-4af1-87e3-e89bd82809b3.pdf

Major Shareholding Notification

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Sarika Jhunjhnuwala

House 3 & 4, 27-29 Consort Rise, Pok Fu Lam, Hong Kong Tel: $(852)$ 2165-1010 e-mail: [email protected]

13 December 2021

To, National Stock Exchange of India Limited Exchange Plaza, Plot No. C/1, G Block, Bandra Kurla Complex, Bandra (East), Mumbai - 400 051

To, BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001

NSE Scrip Code: SHALPAINTS

BSE Scrip Code: 509874

Dear Sir/ Madam,

Subject: Intimation under Regulation 10(5) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 ("Takeover Regulations")

I, Sarika Jhunjhnuwala, hold equity shares of Shalimar Paints Limited ("Shalimar") and belong to its promoter and promoter group. I intend to acquire 1.97% equity shares of Shalimar from Hind Strategic Investments, a member of the promoter group of Shalimar, by way of an 'inter-se' transfer. The proposed transfer of shares in Shalimar is amongst qualifying persons/ entities as specified in Regulation 10(1)(a)(ii) of Takeover Regulations.

Accordingly, please see enclosed an intimation under Regulation 10(5) of the Takeover Regulations.

Kindly take the information on record.

Thanking you,

Yours faithfully,

Warita Ch

Sarika Jhunjhnuwala

Sarika Jhunjhnuwala

House 3 & 4, 27-29 Consort Rise, Pok Fu Lam, Hong Kong Tel: $(852)$ 2165-1010 e-mail: [email protected]

Disclosures under Regulation 10(5) - Intimation to Stock Exchanges in respectof acquisition under Regulation 10(4)(f) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 ("Takeover Regulations")

1. Name of the Target Company (TC) Shalimar Paints Limited ("Target Company"/
$T^{\prime}$
2. Name of the acquirer(s) Sarika Jhunjhnuwala ("Acquirer")
3. Confirmation that the acquirer(s)
is/are
promoter(s) of the TC as defined
under
regulation 2(s) and has/have been disclosedas
promoter(s) of the TC in the latest filing with
the stock exchanges.
The Acquirer has been disclosed as a
promoter of the TC in the latest filing with
the stock exchanges.
4. Details of proposed acquisition
a, Name of the person(s) from whom Hind Strategic Investments
shares are proposed to be acquired
b. Proposed date of acquisition On or after 17 December 2021
C. Number of shares to be acquired from
each person mentioned in 4(a) above
10,70,418
d. Total shares to be acquired as % of share 1.97%
capital of TC
e 1 Price at which shares are proposed to be
acquired
INR 110
f. Rationale, if any, for the proposed transfer Inter transfer of
se
shares
amongst
promoter and promoter group of the TC.
5. under which the acquirer is exempted from Regulations.
making open offer
Relevant sub-clause of regulation 10(1)(a) Regulation 10(1)(a)(ii) of the Takeover
6. maximum volume of trading in the shares of December 2021) of this notice is 102.11.
the TC are recorded during such period.
If, frequently traded, volume weighted average Yes, the shares of the TC are frequently
market price for a period of 60 trading days traded. The volume weighted average
preceding the date of issuance of this notice as market price for a period of 60 trading days
traded on the stock exchange where the preceding the date of issuance (i.e., 10
7. If in-frequently traded, the price as determined Not applicable
in terms of clause (e) of sub-regulation (2) of
regulation 8.
8. price would not be higher by more than 25% of
the price computed in point 6 or point 7 as
applicable.
Declaration by the acquirer, that the acquisition I, Sarika Jhunjhnuwala, hereby declare that
the acquisition price would not be higher by
more than 25% of the price computed in
point 6 above.
9. i. Declaration
by the acquirer,
that the
transferor and transferee have
complied
(during 3 years prior to the date of proposed complied (during 3 years prior to the date
acquisition) / will comply with applicable
disclosure requirements in Chapter V of the
I, Sarika Jhunjhnuwala, hereby declare that
transferor
and
transferee
the
have
of proposed acquisition) / will comply with
applicable
disclosure
requirements
in.

Sarika Jhunjhnuwala

House 3 & 4, 27-29 Consort Rise, Pok Fu Lam, Hong Kong $T_{\text{el}}$ = (952) 2165-1010

$1e$ : (852) $2165-1010$ e-mail: Sarika. $a$ (a) evologroup.com
Takeover Regulations, 2011 (corresponding Chapter V of the Takeover Regulations.
provisions
of
the
repealed
Takeover
Regulations, 1997) The aforesaid disclosures made during
previous 3 years prior to the date of
ii. The aforesaid disclosures made during proposed acquisition are annexed herewith
previous 3 years prior to the date of proposed as Annexure I.
acquisition to be furnished.
10. Declaration by the acquirer that all the I, Sarika Jhunjhnuwala, hereby declare that
conditions specified under regulation $10(1)(a)$ all the conditions specified under Regulation
with respect to exemptions has been duly 10(1)(a) of the Takeover Regulations with
complied with. respect to exemptions has been duly
complied with.
11. Shareholding details Before the
proposed
transaction
After the proposed
transaction
No. of
shares
voting
rights
% w.r.t
total
diluted
share
capital of
ТC
No. of
shares
voting
rights
% w.r.t
total
diluted
share
capital of
TC
A Acquirer and PACs (other than sellers)(*)
Sarika Jhunjhnuwala 16,72,723 3.08% 27,43,141 5.05%
B Seller(s)
Hind Strategic Investments 10,70,418 1.97% $\mathbf 0$ $\mathbf 0$

Note:

    1. (*) Shareholding of each entity shall be shown separately and then collectively in a group. The above disclosure shall be signed by the acquirer mentioning date & place.
    1. In case, there is more than one acquirer, the report shall be signed either by all the persons or by a person duly authorized to do so on behalf of all the acquirers.

RY

Yours faithfully,

Sarika Jhunjhnuwala Date: 13 December 2021

Sarika Jhunjhnuwala
House 3 & 4, 27-29 Consort Rise, Pok Fu Lam, Hong Kong
Tel : (852) 2165-1010 e-mail: [email protected]

Annexure I

Entity/Person
making
Date Regulation
Number
Submitted to Reasons (if applicable)
disclosure
1 April 2019 Continual disclosures under Regulation 30(1) and 30(2) of SEBI
2 April 2020 30(1) and 30(2) National Stock Exchange (Substantial Acquisition of Shares and Takeovers) Regulations,
Sarika
Mrs
5 April 2021 of India Ltd. 2011 ("Takeover Regulations").
("Mrs Sarika")
slewunjhnuwala
1 April 2021 29(2) BSE Limited Disclosure under Regulation 29(2) of Takeover Regulations
pursuant to acquisition of 7,75,159 shares by Mrs Sarika.
1 July 2021 29(2) Shalimar Paints Limited Disclosure under Regulation 29(2) of Takeover Regulations
pursuant to acquisition of 5,45,564 shares by Mrs Sarika.
1 April 2019
2 April 2020 $30(1)$ and $30(2)$ Continual disclosures under Regulation 30(1) and 30(2) the
5 April 2021 Takeover Regulations.
Hind Strategic 8 April 2019 29(2) National Stock Exchange
of India Ltd.
Disclosure under Regulation 29(2) of the Takeover Regulations
pursuant to preferential allotment of 6,58,872 equity shares to
йн
Investments
("HSI")
1 April 2021 29(2) BSE Limited Disclosure under Regulation 29(2) of the Takeover Regulations
for transfer of 27,15,012 equity shares by HSI.
1 July 2021 29(2) Shalimar Paints Limited Disclosure under Regulation 29(2) of the Takeover Regulations
for transfer of 27,15,012 equity shares by HSI.
9 July 2021 29(2) Revised disclosure under Regulation 29(2) of the Takeover
Regulations pursuant to the transfer of equity shares by HSI
(revising the disclosure dated 1 July 2021).

HIND STRATEGIC INVESTMENTS

Les Cascades, Edith Cavell Street, Port Louis, Mauritius

BSE Limited Corporate Relationship Department, P. J. Towers, Dalal Street, Fort, Mumbai - 400 001

National Stock Exchange of India Limited Exchange Plaza, C-1, Block G Bandra - Kurla Complex, Bandra (E), Mumbai-400051

April 08, 2019

Ref: Shalimar Paints Limited (Scrip Code: 509874) Sub: Disclosure under Regulation 29 (2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

Dear Sir,

We hereby submit that "Hind Strategic Investments" has been allotted 6,58,872 Equity shares pursuant to Preferential allotment of Equity Shares of Shalimar Paints Limited in their meeting of Allotment Committee held on April 08, 2019. In this regard, please find attached the disclosure by "Hind Strategic Investments" under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Request you to please take the same on records.

Thanking You.

For Hind Strategic Investments Director

CC: Company Secretary Shalimar Paints Limited Stainless Centre, 4th Floor, Plot No. 50, Sector 32, Gurugram, Haryana -122 001

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

Part-A- Details of the Acquisition

×

Name of the Target Company (TC) Shalimar Paints Limited
Name(s) of the acquirer and Persons Acting in
Concert (PAC) with the acquirer
Hind Strategic Investments
Whether the acquirer belongs to Yes
Promoter/Promoter group
Name(s) of the Stock Exchange(s) where the BSE Limited
shares of TC are Listed National Stock Exchange of India Limited
Details of the acquisition/disposal as follows Number % w.r.t. total
share/voting
capital
wherever
applicable(*)
% w.r.t. total
diluted
share/voting
capital TC
$(**)$
Before the acquisition under consideration,
holding of acquirer along with PACs of:
a) Shares carrying voting rights
b) Shares in the nature of encumbrance (pledge/ 58,41,570 10.89 10.89
lien/non-disposal undertaking/others)
c) Voting rights (VR) otherwise than by equity
shares
d) Warrants/convertible securities/any other
instrument that entitles the acquirer to receive
shares carrying voting rights in the TC (specify
holding in each category)
e) Total $(a+b+c+d)$ 58,41,570 10.89 10.89
Details of acquisition/sale
a) Shares carrying voting rights acquired 6,58,872 1.21 1.21
b) VRs acquired/sold otherwise than by equity
shares
Warrants/convertible securities/any
c)
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 $(a+b+c+/-d)$
6,58,872 1.21 1.21
After the acquisition/sale, holding of:
a) Shares carrying voting rights 65,00,442 11.97 11.97
b) Shares encumbered with the acquirer
c) VRs otherwise than by equity shares
d) Warrants/convertible securities/any other
instrument that entitles the acquirer to receive
shares carrying voting rights in the TC (specify
holding in each category) after acquisition
e) Total $(a+b+c+d)$
65,00,442 11.97 11.97
Mode of acquisition/sale (e.g. open market / off- 6,58,872 Equity Shares were allotted pursuant to
market/ public issue / rights issue / preferential preferential allotment of Equity shares of
allotment / inter-se transfer/encumbrance, etc.) Shalimar Paints Limited
Date of acquisition / sale of shares / VR or date of 6,58,872 Equity Shares were allotted on April 08,
receipt of intimation of allotment of shares, 2019
whichever is applicable
Equity share capital / total voting capital of the Rs. 10,72,82,774 (5,36,41,387 Equity shares of
TC before the said acquisition Rs. 2/- each)
Equity share capital/ total voting capital of the Rs. 10,86,00,518 (5,43,00,259 Equity Shares of
TC after the said acquisition $Rs. 2/- each)$
Total diluted share/voting capital of TC after the Rs. 10,86,00,518 (5,43,00,259 Equity Shares of
said acquisition $Rs. 2/- each)$

orind Strategic Investments 7

Director

n.

Place: Date: April 08, 2019

Note:

(*) Total share capital/voting capital to be taken as per the latest filing done by the company to the Stock Exchange under Regulation 31 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

(**) 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.

9 July 2021

The Secretary Bombay Stock Exchange Limited Phiroze Jeejeebhoy Towers Dalal Street, Fort, Mumbai 400001 E-mail: [email protected] The Secretary National Stock Exchange of India Ltd. Exchange Plaza, 3rd Floor Plot No.3-1."G" Block, I.F.B. Centre, Bandra-Kurla-Complex, Bandra (East), Mumbai - 400 051 Email: [email protected]

The Compliance Officer Shalimar Paints Limited Stainless Centre, 4th Floor, Plot No. 50, Sector 32, Gurugram 122001 E-mail: [email protected]

Dear Sir / Madam,

Sub: Disclosure dated 1 July 2021 under Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (the "SEBI Takeover Regulations")

This is in reference to the disclosure under Regulation 29(2) of the SEBI Takeover Regulations dated 1 July 2021 made by Hind Strategic Investments, a member of the promoter and promoter group of Shalimar Paints Limited ("Company"). Due to a typographical error, it was inadvertently mentioned that HSI has transferred 27,15,052 equity shares of the Company on 29 June 2021, however the actual transfer was of 27,15,012 equity shares.

In view of the above, please find attached the restated disclosure under Regulation 29(2) of Takeover Regulations.

Kindly take the above on record.

Yours sincerely

For HIND STRATEGIC INVESTMENTS

Name: Surya Kumar Jhunjhnuwala Designation: Director

Encl: a/a

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

Name of the Target Company ("TC") Shalimar Paints Limited ("SPL")
Name(s) of the acquirer-/ seller and Persons
Acting in Concert (PAC) with the acquirer
transfer. Seller: Hind Strategic Investments
Persons acting in concert: While there may be
other persons, including members of the
promoter and promoter group of SPL who are
deemed PACs with the Seller, they are not
acting in concert for the purposes of this
Whether
the
seller
belongs
to.
Promoter/Promoter group
Yes
Name(s) of the Stock Exchange(s) where the
shares of TC are Listed
BSE Limited National Stock Exchange of India Limited
Details of the acquisition / disposal as follows Number % w.r.t. total
share / voting
capital
wherever
applicable (*)
% w.r.t. total
diluted share
voting
$\sqrt{2}$
capital of the
$TC(**)$
Before the sale under consideration, holding of:
Shares carrying voting rights
a)
37,85,430 6.97% 6.97%
b) Shares in the nature of encumbrance (pledge/
lien / non-disposal undertaking / others)
NA NA NA
c) Voting rights (VR) otherwise than by shares NA NA NA
d) Warrants / convertible securities / any other
instrument that entitles the acquirer to
receive shares carrying voting rights in the TC
(specify holding in each category)
NA NA NA
Total (a+b+c+d)
e)
37,85,430 6.97% 6.97%
Details of acquisition / sale
Shares carrying voting rights acquired-/ sold
a)
27,15,012 5.00% 5.00%
VRs acquired / sold otherwise than by shares
b)
NA NA NA
Warrants / convertible securities / any other
C)
instrument that entitles the acquirer to
receive shares carrying voting rights in the TC
(specify holding in each category) acquired /
sold
NA. NA NA.
Shares encumbered / invoked / released by
$\mathbf{d}$
the acquirer
NA NA NA
e) Total $(a+b+c+/-d)$ 27,15,012 5.00% 5.00%
After the acquisition / sale, holding of:
a) Shares carrying voting rights 10,70,418 1.97% 1.97%
b) Shares encumbered with the acquirer NA. NA NA
c) VRs otherwise than by shares NA NA NA
d) Warrants / convertible securities / any other
instrument that entitles the acquirer to
receive shares carrying voting rights in the TC
(specify holding in each category) after
acquisition
NA NA NA
e) Total (a+b+c+d) 10,70,418 1.97% 1.97%
Mode of acquisition / sale (e.g. open market / off-
market / public issue / rights issue / preferential
allotment / inter-se transfer etc).
the promoter and promoter group Off-market inter-se transfer among members of
Date of acquisition / sale of shares / VR or date of
receipt of intimation of allotment of shares, 29 June 2021
whichever is applicable
Equity share capital / total voting capital of the TC
before the said acquisition / sale
5,43,00,259 (no. of equity shares)
Equity share capital / total voting capital of the TC
after the said acquisition / sale
5,43,00,259 (no. of equity shares)
Total diluted share / voting capital of the TC after
the said acquisition
5,43,00,259 (no. of equity shares)

(*) Total share capital / voting capital to be taken as per the latest filing done by the Target Company to the Stock Exchange under Regulation 31 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

(**) 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 HIND/STRATEGIC INVESTIVENTS

Name: Surya Kumar Jhunjhnuwala Designation: Director

Place: Singapore Date: 1 July 2021 1 April 2021

The Secretary Bombay Stock Exchange Limited Phiroze Jeejeebhoy Towers Dalal Street, Fort, Mumbai 400001 E-mail: [email protected] The Secretary National Stock Exchange of India Ltd. Exchange Plaza, 3rd Floor Plot No.3-1."G" Block, I.F.B. Centre, Bandra-Kurla-Complex, Bandra (East), Mumbai - 400 051 Email: [email protected]

The Compliance Officer Shalimar Paints Limited Stainless Centre, 4th Floor, Plot No. 50, Sector 32, Gurugram 122001 E-mail: [email protected]

Dear Sir / Madam,

Sub: Disclosure under Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (the "SEBI Takeover Regulations")

This is to inform you that Hind Strategic Investments, a member of the promoter and promoter group of Shalimar Paints Limited ("Company") has sold 27,15,012 equity shares of the Company on 30 March 2021.

In view of the above, please find attached the requisite disclosures under Regulation 29(2) of Takeover Regulations.

Kindly take the above on record.

Yours sincerely

For HIND STRATEGIC INVESTMENTS

Name: Surya Kumar Jhunjhnuwala Designation: Director

Encl: a/a

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

Name of the Target Company ("TC") Shalimar Paints Limited ("SPL")
Name(s) of the acquirer-/ seller and Persons
Acting in Concert (PAC) with the acquirer
transfer. Seller: Hind Strategic Investments
Persons acting in concert: While members of
the promoter and promoter group of SPL are
deemed PACs with the Seller, they are not
acting in concert for the purposes of this
Whether
the
seller
belongs
to
Promoter/Promoter group
Yes
Name(s) of the Stock Exchange(s) where the
shares of TC are Listed
BSE Limited National Stock Exchange of India Limited
Details of the acquisition / disposal as follows Number % w.r.t. total
share / voting
capital
wherever
applicable (*)
% w.r.t. total
diluted share
voting
capital of the
$TC (**)$
Before the sale under consideration, holding of:
Shares carrying voting rights
a)
65,00,442 11.97% 11.97%
b)
Shares in the nature of encumbrance (pledge/
lien / non-disposal undertaking / others)
NA NA NA
Voting rights (VR) otherwise than by shares
C)
NA NA NA
Warrants / convertible securities / any other
d)
instrument that entitles the acquirer to
receive shares carrying voting rights in the TC
(specify holding in each category)
NA NA NA
$e)$ Total (a+b+c+d) 65,00,442 11.97% 11.97%
Details of acquisition / sale
Shares carrying voting rights acquired-/ sold
a)
27,15,012 5.00% 5.00%
b) VRs acquired / sold otherwise than by shares NA NA NA
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
NA NA NA
d) Shares encumbered / invoked / released by
the acquirer
NA NA NA
e) Total $(a+b+c+/-d)$ 27,15,012 5.00% 5.00%
After the acquisition / sale, holding of:
a) Shares carrying voting rights 37,85,430 6.97% 6.97%
b) Shares encumbered with the acquirer NA NA NA
c) VRs otherwise than by shares NA NA NA
d) Warrants / convertible securities / any other
instrument that entitles the acquirer to
receive shares carrying voting rights in the TC
(specify holding in each category) after
acquisition
NA NA NA
e). Total (a+b+c+d) 37,85,430 6.97% 6.97%
Mode of acquisition / sale (e.g. open market / off- Off-market inter-se transfer among promoters
market / public issue / rights issue / preferential
allotment / inter-se transfer etc).
Date of acquisition / sale of shares / VR or date of 30 March 2021
receipt of intimation of allotment of shares,
whichever is applicable
Equity share capital / total voting capital of the TC 5,43,00,259 (no. of equity shares)
before the said acquisition / sale
Equity share capital / total voting capital of the $TC 5,43,00,259$ (no. of equity shares)
after the said acquisition / sale
Total diluted share / voting capital of the TC after 5,43,00,259 (no. of equity shares)
the said acquisition

(*) Total share capital / voting capital to be taken as per the latest filing done by the Target Company to the Stock Exchange under Regulation 31 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

(**) 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 HIND STRATEGIC INVESTMENTS

Name: Surya Kumar Jhunjhnuwala Designation: Director

Place: Singapore Date: 1 April 2021 1 July 2021

The Secretary Bombay Stock Exchange Limited Phiroze Jeejeebhoy Towers Dalal Street, Fort, Mumbai 400001 E-mail: [email protected] The Secretary National Stock Exchange of India Ltd. Exchange Plaza, 3rd Floor Plot No.3-1."G" Block, I.F.B. Centre, Bandra-Kurla-Complex, Bandra (East), Mumbai - 400 051 Email: [email protected]

The Compliance Officer Shalimar Paints Limited Stainless Centre, 4th Floor, Plot No. 50, Sector 32, Gurugram 122001 E-mail: [email protected]

Dear Sir / Madam,

Sub: Disclosure under Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (the "SEBI Takeover Regulations")

This is to inform you that Hind Strategic Investments, a member of the promoter and promoter group of Shalimar Paints Limited ("Company") has transferred 27,15,052 equity shares of the Company on 29 June 2021.

In view of the above, please find attached the requisite disclosures under Regulation 29(2) of Takeover Regulations.

Kindly take the above on record.

Yours sincerely

For HIND STRATEGIC INVESTMENTS

Name: Surya Kumar Jhunjhnuwala Designation: DIRECTOR

Encl: a/a

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

Name of the Target Company ("TC") Shalimar Paints Limited ("SPL")
Name(s) of the acquirer-/ seller and Persons
Acting in Concert (PAC) with the acquirer
transfer. Seller: Hind Strategic Investments
Persons acting in concert: While there may be
other persons, including members of the
promoter and promoter group of SPL who are
deemed PACs with the Seller, they are not
acting in concert for the purposes of this
seller
Whether
the
belongs
to
Promoter/Promoter group
Yes
Name(s) of the Stock Exchange(s) where the
shares of TC are Listed
BSE Limited National Stock Exchange of India Limited
Details of the acquisition / disposal as follows Number % w.r.t. total
share / voting
capital
wherever
applicable (*)
% w.r.t. total
diluted share
voting
L
capital of the
$TC$ (**)
Before the sale under consideration, holding of:
a) Shares carrying voting rights 37,85,390 6.97% 6.97%
b) Shares in the nature of encumbrance (pledge/
lien / non-disposal undertaking / others)
NA NA NA
c) Voting rights (VR) otherwise than by shares NA NA NA
d) Warrants / convertible securities / any other
instrument that entitles the acquirer to
receive shares carrying voting rights in the TC
(specify holding in each category)
NA NA NA
$e)$ Total (a+b+c+d) 37,85,390 6.97% 6.97%
Details of acquisition / sale
a) Shares carrying voting rights acquired-/ sold 27,15,052 5.00% 5.00%
b) VRs acquired / sold otherwise than by shares NA NA NA
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
NA NA NA
d) Shares encumbered / invoked / released by
the acquirer
NA NA NA
e) Total $(a+b+c+/-d)$ 27,15,052 5.00% 5.00%
After the acquisition / sale, holding of:
a) Shares carrying voting rights 10,70,338 1.97% 1.97%
b) Shares encumbered with the acquirer NA NA NA
c) VRs otherwise than by shares NA NA NA
$\mathsf{d}$ Warrants / convertible securities / any other
instrument that entitles the acquirer to
receive shares carrying voting rights in the TC
(specify holding in each category) after
acquisition
NA NA NA
$e)$ Total (a+b+c+d) 10,70,338 1.97% 1.97%
Mode of acquisition / sale (e.g. open market / off-
market / public issue / rights issue / preferential
allotment / inter-se transfer etc).
the promoter and promoter group Off-market inter-se transfer among members of
Date of acquisition / sale of shares / VR or date of
receipt of intimation of allotment of shares, 29 June 2021
whichever is applicable
Equity share capital / total voting capital of the TC
before the said acquisition / sale
5,43,00,259 (no. of equity shares)
Equity share capital / total voting capital of the TC
after the said acquisition / sale
5,43,00,259 (no. of equity shares)
Total diluted share / voting capital of the TC after
the said acquisition
5,43,00,259 (no. of equity shares)

(*) Total share capital / voting capital to be taken as per the latest filing done by the Target Company to the Stock Exchange under Regulation 31 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

(**) 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 HIND STRATEGIC INVESTMENTS

7.

Name: Surya Kumar Jhunjhnuwala Designation: Director

Place: Singapore Date: 1 July 2021

1 April 2021

The Secretary Bombay Stock Exchange Limited Phiroze Jeejeebhoy Towers Dalal Street, Fort, Mumbai 400001 E-mail: [email protected] The Secretary National Stock Exchange of India Ltd. Exchange Plaza, 3rd Floor Plot No.3-1."G" Block, I.F.B. Centre, Bandra-Kurla-Complex, Bandra (East), Mumbai - 400 051 Email: [email protected]

The Compliance Officer Shalimar Paints Limited Stainless Centre, 4th Floor, Plot No. 50, Sector 32, Gurugram 122001 E-mail: [email protected]

Dear Sir / Madam,

Sub: Disclosure under Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (the "SEBI Takeover Regulations")

This is to inform you that certain members of the promoter and promoter group of Shalimar Paints Limited ("Company"), namely Mrs Sarika Jhunjhnuwala, Mr Shivang Jhunjhnuwala, Mrs Ritu Jhunjhnuwala, and Mr Gaurang Jhunjhnuwala (collectively, the "Acquirers") have acquired an aggregate of 27,15,012 equity shares of the Company on 30 March 2021.

In view of the above, please find attached the requisite disclosures under Regulation 29(2) of Takeover Regulations.

Kindly take the above on record.

Yours sincerely

On behalf of the Acquirers

Liti Theyhouse

Ritu Jhunjhnuwala

Encl: a/a

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

Name of the Target Company ("TC") Shalimar Paints Limited ("SPL")
Name(s) of the acquirer /-seller and Persons
Acting in Concert (PAC) with the acquirer
Acquirers:
1.
2.
3.
4.
acquisition.
Mrs Sarika Jhunjhnuwala
Mr Shivang Jhunjhnuwala
Mrs Ritu Jhunjhnuwala
Mrs Gaurang Jhunjhnuwala
Persons acting in concert: While members of
the promoter and promoter group of SPL are
deemed PACs with the Acquirers, they are not
acting in concert for the purposes of this
Whether
belongs
the
acquirer
to
Promoter/Promoter group
Yes
Name(s) of the Stock Exchange(s) where the
shares of TC are Listed
BSE Limited National Stock Exchange of India Limited
Details of the acquisition / disposal as follows Number % w.r.t. total
share / voting
capital
wherever
applicable (*)
% w.r.t. total
diluted share
voting
L
capital of the
$TC(**)$
Before the acquisition under consideration,
holding of:
a) Shares carrying voting rights
(i)
Mrs Sarika Jhunjhnuwala
3,52,000 0.65% 0.65%
Mr Shivang Jhunjhnuwala
(ii)
Nil Nil Nil
Mrs Ritu Jhunjhnuwala
(iii)
Nil Nil Nil
Mr Gaurang Jhunjhnuwala
(iv)
Nil Nil Nil
Shares in the nature of encumbrance (pledge/
b)
lien / non-disposal undertaking / others)
NA NA NA
Voting rights (VR) otherwise than by shares
$\mathsf{c}$
NA NA NA
d) Warrants / convertible securities / any other
instrument that entitles the acquirer to
receive shares carrying voting rights in the TC
(specify holding in each category)
NA NA NA
e) Total $(a+b+c+d)$ 3,52,000 0.65% 0.65%
Details of acquisition / sale
a) Shares carrying voting rights acquired / sold
(i)
Mrs Sarika Jhunjhnuwala
7,75,159 1.43% 1.43%
(ii)
Mr Shivang Jhunjhnuwala
7,75,159 1.43% 1.43%
(iii)
Mrs Ritu Jhunjhnuwala
5,82,347 1.07% 1.07%
(iv)
Mr Gaurang Jhunjhnuwala
5,82,347 1.07% 1.07%
b) VRs acquired / sold otherwise than by shares NA NA NA
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
NA NA NA
d) Shares encumbered / invoked / released by
the acquirer
NA NA NA
e) Total $(a+b+c+/-d)$ 2,715,012 5.00% 5.00%
After the acquisition $f$ -sale, holding of:
a) Shares carrying voting rights
(i)
Mrs Sarika Jhunjhnuwala
11,27,159 2.08% 2.08%
(ii)
Mr Shivang Jhunjhnuwala
7,75,159 1.43% 1.43%
(iii)
Mrs Ritu Jhunjhnuwala
5,82,347 1.07% 1.07%
(iv)
Mr Gaurang Jhunjhnuwala
5,82,347 1.07% 1.07%
b) Shares encumbered with the acquirer NA NA NA
c) VRs otherwise than by shares NA NA NA
d) Warrants / convertible securities / any other
instrument that entitles the acquirer to
receive shares carrying voting rights in the TC
(specify holding in each category) after
acquisition
NA NA NA
$e)$ Total (a+b+c+d) 30,67,012 5.65% 5.65%
Mode of acquisition / sale (e.g. open market / off- Off-market inter-se transfer among promoters
market / public issue / rights issue / preferential
allotment / inter-se transfer etc).
Date of acquisition / sale of shares / VR or date of 30 March 2021
receipt of intimation of allotment of shares,
whichever is applicable
Equity share capital / total voting capital of the $TC 5,43,00,259$ (no. of equity shares)
before the said acquisition / sale
Equity share capital / total voting capital of the $TC 5,43,00,259$ (no. of equity shares)
after the said acquisition / sale
Total diluted share / voting capital of the TC after 5,43,00,259 (no. of equity shares)
the said acquisition

(*) Total share capital / voting capital to be taken as per the latest filing done by the Target Company to the Stock Exchange under Regulation 31 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

(**) 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.

On behalf of the Acquirers

Lite Sheyheusder

Ritu Jhunjhnuwala

Place: Singapore Date: 1 April 2021 1 July 2021

The Secretary Bombay Stock Exchange Limited Phiroze Jeejeebhoy Towers Dalal Street, Fort, Mumbai 400001 E-mail: [email protected] The Secretary National Stock Exchange of India Ltd. Exchange Plaza, 3rd Floor Plot No.3-1."G" Block, I.F.B. Centre, Bandra-Kurla-Complex, Bandra (East), Mumbai - 400 051 Email: [email protected]

The Compliance Officer Shalimar Paints Limited Stainless Centre, 4th Floor, Plot No. 50, Sector 32, Gurugram 122001 E-mail: [email protected]

Dear Sir / Madam,

Sub: Disclosure under Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (the "SEBI Takeover Regulations")

This is to inform you that certain members of the promoter and promoter group of Shalimar Paints Limited ("Company"), namely Mrs Sarika Jhunjhnuwala, Mr Shivang Jhunjhnuwala, Mrs Ritu Jhunjhnuwala, and Mr Gaurang Jhunjhnuwala (collectively, the "Acquirers") have acquired an aggregate of 27,15,012 equity shares of the Company on 29 June 2021.

In view of the above, please find attached the requisite disclosures under Regulation 29(2) of Takeover Regulations.

Kindly take the above on record.

Yours sincerely

On behalf of the Acquirers

Liter Sharphouse.

RITU JHUNJHNUWALA

Encl: a/a

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

Name of the Target Company ("TC") Shalimar Paints Limited ("SPL")
Name(s) of the acquirer /-seller and Persons
Acting in Concert (PAC) with the acquirer
Acquirers:
2.
3.
4.
1. Mrs Sarika Jhunjhnuwala
Mr Shivang Jhunjhnuwala
Mrs Ritu Jhunjhnuwala
Mrs Gaurang Jhunjhnuwala
Persons acting in concert: While members of
the promoter and promoter group of SPL are
deemed PACs with the Acquirers, they are not
acting in concert for the purposes of this
Whether
the
acquirer
belongs
to
acquisition.
Promoter/Promoter group Yes
Name(s) of the Stock Exchange(s) where the
shares of TC are Listed
BSE Limited National Stock Exchange of India Limited
Details of the acquisition / disposal as follows Number % w.r.t. total
share / voting
capital
wherever
applicable (*)
% w.r.t. total
diluted share
voting
capital of the
$TC$ (**)
Before the acquisition under consideration,
holding of:
a) Shares carrying voting rights
(i)
Mrs Sarika Jhunjhnuwala
11,27,159 2.08% 2.08%
(ii)
Mr Shivang Jhunjhnuwala
7,75,159 1.43% 1.43%
(iii)
Mrs Ritu Jhunjhnuwala
5,82,347 1.07% 1.07%
Mr Gaurang Jhunjhnuwala
(iv)
5,82,347 1.07% 1.07%
b) Shares in the nature of encumbrance (pledge/
lien / non-disposal undertaking / others)
NA NA NA
c) Voting rights (VR) otherwise than by shares NA NA NA
d) Warrants / convertible securities / any other
instrument that entitles the acquirer to
receive shares carrying voting rights in the TC
(specify holding in each category)
NA NA NA
e) Total (a+b+c+d) 30,67,012 5.65% 5.65%
Details of acquisition / sale
a) Shares carrying voting rights acquired / sold
(i)
Mrs Sarika Jhunjhnuwala
5,45,564 1.00% 1.00%
(ii)
Mr Shivang Jhunjhnuwala
5,45,564 1.00% 1.00%
(iii)
Mrs Ritu Jhunjhnuwala
8,11,942 1.50% 1.50%
Mr Gaurang Jhunjhnuwala
(iv)
8,11,942 1.50% 1.50%
b) VRs acquired / sold otherwise than by shares NA NA NA
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
NA NA NA
d) Shares encumbered / invoked / released by
the acquirer
NA NA NA
e) Total $(a+b+c+/-d)$ 2,715,012 5.00% 5.00%
After the acquisition / sale , holding of:
a) Shares carrying voting rights
(i)
Mrs Sarika Jhunjhnuwala
16,72,723 3.08% 3.08%
(ii)
Mr Shivang Jhunjhnuwala
13,20,723 2.43% 2.43%
(iii)
Mrs Ritu Jhunjhnuwala
13,94,289 2.57% 2.57%
(iv)
Mr Gaurang Jhunjhnuwala
13,94,289 2.57% 2.57%
b) Shares encumbered with the acquirer NA NA NA
c) VRs otherwise than by shares NA NA NA
$\mathbf{d}$ Warrants / convertible securities / any other
instrument that entitles the acquirer to
receive shares carrying voting rights in the TC
(specify holding in each category) after
acquisition
NA NA NA
e) Total $(a+b+c+d)$ 57,82,024 10.65% 10.65%
Mode of acquisition / sale (e.g. open market / off-
market / public issue / rights issue / preferential
allotment / inter-se transfer etc).
Off-market inter-se transfer among members of
the promoter and promoter group
Date of acquisition / sale of shares / VR or date of
receipt of intimation of allotment of shares, 29 June 2021
whichever is applicable
Equity share capital / total voting capital of the TC $ 5,43,00,259$ (no. of equity shares)
before the said acquisition / sale
Equity share capital / total voting capital of the TC $ 5,43,00,259$ (no. of equity shares)
after the said acquisition / sale
Total diluted share / voting capital of the TC after $ _{5,43,00,259}$ (no. of equity shares)
the said acquisition

(*) Total share capital / voting capital to be taken as per the latest filing done by the Target Company to the Stock Exchange under Regulation 31 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

(**) 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.

On behalf of the Acquirers

Litu Shujdreado.

RITU JHUNJHNUWALA

Place: SINGAPORE Date: 1 July 2021

HIND STRATEGIC INVESTMENTS

c/o CIM CORP SERVICES, LES CASCADES BUILDING EDITH, CAVELL STREET, PORT LOUIS, MAURITIUS Tel: (230)212-9800 Fax; (230)212-9833

$\overline{To}$ ,

Dear $Sir(s)$ ,
BSE Limited National Stock Exchange of India Limited
Corporate Relationship Department, Exchange Plaza, C-1, Block G
P. J. Towers, Dalal Street, Fort, Bandra - Kurla Complex, Bandra (E),
Mumbai - 400 001 Mumbai-400051
[email protected] [email protected]
Scrip Code: 509874 Symbol: SHALPAINTS

Pursuant to Regulation 30(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, please find attached the necessary information in format prescribed under the said Regulations relating to shares held in Shalimar Paints Limited as on 31.03.2019 by the undersigned.

Please take on record and acknowledge the receipt.

Disclosures under Regulation 30(1) and 30(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011

Part A - Details of Shareholding

Ι. Name of the Target Company (TC) Shalimar Paints Limited
2. Name(s) of the Stock Exchange(s) where the 1. National Stock Exchange of India Limited
shares of the TC are listed BSE Limited
2.
Particulars of the shareholder
Name of persons together with Persons
a.
Acting in Concert (PAC) whose total
holding (including that in the form of Nil
shares, warrants, convertible securities
and any other instrument that would
3. entitle the holder to receive shares in the
target company) is more than 25% of the
share or voting rights of the TC.
Or
b. Name(s) of promoter(s), member of the
promoter group and Persons Acting in Hind Strategic Investments
Concert (PAC) with him.
4. Particulars of the holding of persons Number of % w.r.t. total share % of total diluted
mentioned at (3) above Shares /voting capital,
wherever applicable
share/voting
As on March 31, 2019, holding of: capital of TC
5. Shares
a.
58,41,570 10.89 10.89
Voting Rights (otherwise than by shares)
b.
N.A. N.A. N.A.
Warrants
C.
N.A. N.A. N.A.
Convertible Securities
$d_{\cdot}$
N.A. N.A. N.A.
Any other instrument that would entitle
e.
the holder to receive shares in the TC. N.A. N.A. N.A.
TOTAL 58,41,570 10.89 10.89

Part - $B**$ Name of the Target Company: Shalimar Paints Limited

$\pm$ t

Name(s) of the person and Persons Acting in Concert
(PAC) with the person
Whether the person
belongs to Promoter/
Promoter group
Hind Strategic Investments Promoter
Surya Kumar Jhunjhnuwala Promoter group
Sarika Jhunjhnuwala Promoter group
Hexa Securities & Finance Co. Ltd Promoter group
Nalwa Sons Investments Limited Promoter group
Colorado Trading Co. Ltd Promoter group
Nalwa Investments Limited Promoter group
Jindal Equipment Leasing and Consultancy Services
Limited
Promoter group
Stainless Investments Limited Promoter group
Sun Investments Private Limited Promoter group
Prithvi Raj Jindal Promoter group
JSL Limited Promoter group
Abhinandan Investments Limited Promoter group
Mansarover Investments Limited Promoter group
Sangita Jindal Promoter group
Ratan Jindal Promoter
Deepika Jindal Promoter group
Sarita Devi Jain Promoter group
Kusum Mittal Promoter group
Hina Devi Goyal Promoter group
S K Jindal & Sons HUF Promoter group
Savitri Devi Jindal Promoter group
Naveen Jindal HUF Promoter group
R.K. Jindal & Sons HUF Promoter group
PR Jindal HUF Promoter group
Sminu Jindal Promoter group
Opelina Finance and Investment Limited Promoter group
OPJ Trading Private Limited Promoter group
Gagan Infraenergy Limited Promoter group
Virtuous Tradecorp Private Limited Promoter group
Systran Multiventures Private Limited Promoter group

For HINDSTRATEGIC INVESTMENTS

PIRECTOR

Place: Hong Kong Date: 1 April, 2019

  • In case of promoter(s) making disclosure under regulation 30(2), no additional disclosure under $1.$ regulation $30(1)$ is required.
  • 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.
  • Part-B shall be disclosed to the Stock Exchanges but shall not be disseminated. $(**)$

$\mathbf{R}^{\mathcal{C}}$

$C.C.:$ The Company Secretary, Shalimar Paints Limited Stainless Centre, 4th Floor, Plot No. 50, Sector-32, Gurugram, Haryana - 122001

Hind Strategic Investments

Les Cascades, Edith Cavell Street Port-Louis, Mauritius Tel: (230) 212 9800 Fax: (230) 212 9833

Date:- April 02, 2020

BSE Limited Corporate Relationship Department, 1st Floor, New Trading Ring, Rotunda Building, P.J. Towers, Dalal Street, Fort, Mumbai - 400 001

National Stock Exchange of India Ltd Exchange Plaza, 5th Floor, Plot No. C/1, G- Block Bandra Kurla Complex, Bandra (E). Mumbai - 400051

Reference: Scrip Code - NSE-SHALPAINTS, BSE-509874

Dear Sir(s),

Pursuant to Regulation 30(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, please find attached the necessary information in format prescribed under the said Regulations relating to shares held in Shalimar Paints Limited as on 31.03.2020 by the undersigned. Further, pursuant to Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, I hereby declare that neither me nor persons acting in concert with me have made any encumbrance, directly or indirectly over the shares of the Company, other than those already disclosed during the financial year ended on March 31, 2020.

Please take on record and acknowledge the receipt.

Thanking You

Yours Faithfully For HIND STRATEGIC INVESTMENTS

$C.C.$ The Company Secretary, Shalimar Paints Limited Stainless Centre, 4th Floor, Plot No. 50, Sector-32, Gurugram, Haryana - 122001

Disclosures under Regulation 30(1) and 30(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011

Part A - Details of Shareholding

1. Name of the Target Company (TC) Shalimar Paints Limited
2. Name(s) of the Stock Exchange(s) where the
shares of the TC are listed
1.
National Stock Exchange of India Limited
BSE Limited
2.
3. Particulars of the shareholder
Name of persons together with Persons
a.
Acting in Concert (PAC) whose total
holding (including that in the form of
shares, warrants, convertible securities
and any other instrument that would
entitle the holder to receive shares in the
target company) is more than 25% of the
share or voting rights of the TC.
Or
Nil
Name(s) of promoter(s), member of the
b.
promoter group and Persons Acting in
Concert (PAC) with him.
Hind Strategic Investments
4. Particulars of the holding of persons
mentioned at (3) above
Number of
Shares
% w.r.t. total share
/voting capital,
wherever applicable
% of total diluted
share/voting
capital of TC
5. As on March 31, 2020, holding of:
Shares
a.
65,00,442 11.97 11.97
Voting Rights (otherwise than by shares)
b.
N.A. N.A. N.A.
Warrants
c.
N.A. N.A. N.A.
Convertible Securities
d.
N.A. N.A. N.A.
Any other instrument that would entitle
e.
the holder to receive shares in the TC.
N.A. N.A. N.A.
TOTAL 65,00,442 11.97 11.97

Part - $B**$

Name of the Target Company: Shalimar Paints Limited

Name(s) of the person and Persons Acting in Concert
(PAC) with the person
Whether the person
belongs to Promoter/
Promoter group
Hind Strategic Investments Promoter
Surya Kumar Jhunjhnuwala Promoter group
Sarika Jhunjhnuwala Promoter group
Hexa Securities & Finance Co. Ltd. Promoter group
Nalwa Sons Investments Limited Promoter group
Colorado Trading Co. Ltd Promoter group
Nalwa Investments Limited Promoter group
Jindal Equipment Leasing and Consultancy Services
Limited
Promoter group
Stainless Investments Limited Promoter group
Sun Investments Private Limited Promoter group
Prithvi Raj Jindal Promoter group
JSL Limited Promoter group
Abhinandan Investments Limited Promoter group
Mansarover Investments Limited Promoter group
Sangita Jindal Promoter group
Ratan Jindal Promoter
Deepika Jindal Promoter group
Sarita Devi Jain Promoter group
Kusum Mittal Promoter group
Hina Devi Goyal Promoter group
S K Jindal & Sons HUF Promoter group
Savitri Devi Jindal Promoter group
Naveen Jindal HUF Promoter group
R.K. Jindal & Sons HUF Promoter group
PR Jindal HUF Promoter group
Sminu Jindal Promoter group
Opelina Finance and Investment Limited Promoter group
OPJ Trading Private Limited Promoter group
Gagan Infraenergy Limited Promoter group
Virtuous Tradecorp Private Limited Promoter group
Systran Multiventures Private Limited Promoter group

RATEGIC INVESTMENTS For HINJ

DIRECTO!

Place: Date: April 02, 2020

  • In case of promoter(s) making disclosure under regulation 30(2), no additional disclosure under $1. \,$ regulation 30(1) is required.
  • 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.
  • Part-B shall be disclosed to the Stock Exchanges but shall not be disseminated. $(\ast \ast)$

HIND STRATEGIC INVESTMENTS

Registered office: Les Cascades Edith Cavell Street, Port Louis, Mauritius Singapore office: 91 Bencoolen Street, Sunshine Plaza Office Tower, Level 7 Singapore 189652 Tel.65 68507988

Date:- April 5, 2021

BSE Limited Corporate Relationship Department, 1st Floor, New Trading Ring, Rotunda Building, P.J. Towers, Dalal Street, Fort, Mumbai - 400 001

National Stock Exchange of India Ltd Exchange Plaza, 5th Floor, Plot No. C/1, G- Block Bandra Kurla Complex, Bandra (E), Mumbai - 400051

Reference: Scrip Code - NSE-SHALPAINTS, BSE-509874

Dear Sir(s),

Pursuant to Regulation 30(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, ("Takeover Regulations") please find attached herewith necessary disclosure in format prescribed under the Takeover Regulations relating to shares held in Shalimar Paints Limited ("the Company") as on 31.03.2021 by the undersigned. Further, pursuant to Regulation 31(4) of Takeover Regulations, we hereby declare that neither we nor any persons acting in concert with us have made any encumbrance, directly or indirectly over the shares of the Company, other than those already disclosed during the financial year ended on March 31, 2021.

Please take on record and acknowledge the receipt.

Thanking You

Yours Faithfully Or HIND STRATEGIC INVESTMENTS

DIRECTOR

$C.C.$ The Company Secretary/Audit Committee Shalimar Paints Limited Stainless Centre, 4th Floor, Plot No. 50, Sector-32, Gurugram, Haryana - 122001

Enclosed as above

Hind Strategic Investments

Disclosures under Regulation 30(1) and 30(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011

1. Name of the Target Company (TC) Shalimar Paints Limited
2. Name(s) of the Stock Exchange(s) where
the shares of the TC are listed
1.
2.
National Stock Exchange of India Limited
BSE Limited
3. Particulars of the shareholder
a. Name of persons together with
Persons Acting in Concert (PAC)
whose total holding (including that in
the form of shares, warrants,
convertible securities and any other
instrument that would entitle the
holder to receive shares in the target
company) is more than 25% of the
share or voting rights of the TC.
Or
b. Name(s) of promoter(s), member of
the promoter group and Persons
Acting in Concert (PAC) with him.
Nil.
Hind Strategic Investments
4. Particulars of the holding of persons
mentioned at (3) above
Number of
Shares
% w.r.t. total share
/voting capital,
wherever
applicable
% of total
diluted
share/voting
capital of TC
5. As on March 31, 2021, holding of:
Shares
a.
37,85,430 6.97 6.97
Voting Rights (otherwise than by
b.
shares)
N.A. N.A. N.A.
Warrants
c.
N.A. N.A. N.A.
d. Convertible Securities N.A. N.A. N.A.
Any other instrument that would
e.
entitle the holder to receive shares in
the TC.
N.A. N.A. N.A.
TOTAL 37,85,430 6.97 6.97

Part A - Details of Shareholding

$Part - B***$

Name of the Target Company: Shalimar Paints Limited

Name(s) of the person and Persons Acting in
Concert (PAC) with the person
Whether the person
belongs to Promoter/
Promoter group
Hind Strategic Investments Promoter
Surya Kumar Jhunjhnuwala Promoter group
Sarika Jhunjhnuwala Promoter group
Hexa Securities & Finance Co. Ltd Promoter group
Nalwa Sons Investments Limited Promoter group
Colorado Trading Co. Ltd Promoter group
Nalwa Investments Limited Promoter group
Jindal Equipment Leasing and Consultancy Services
Limited
Promoter group
Stainless Investments Limited Promoter group
Sun Investments Private Limited Promoter group
Prithvi Raj Jindal Promoter group
JSL Limited Promoter group
Abhinandan Tradex Limited Promoter group
Mansarover Tradex Limited Promoter group
Sangita Jindal Promoter group
Ratan Jindal Promoter
Deepika Jindal Promoter group
Sarita Devi Jain Promoter group
Kusum Mittal Promoter group
Hina Devi Goyal Promoter group
S K Jindal & Sons HUF Promoter group
Savitri Devi Jindal Promoter group
Naveen Jindal HUF Promoter group
R.K. Jindal & Sons HUF Promoter group
PR Jindal HUF Promoter group
Sminu Jindal
Opelina Finance and Investment Limited
Promoter group
Promoter group
OPJ Trading Private Limited Promoter group
Gagan Infraenergy Limited Promoter group
Virtuous Tradecorp Private Limited Promoter group
Systran Multiventures Private Limited Promoter group
Gaurang Jhunjhnuwala Promoter group
Shivang Jhunjhnuwala Promoter group
Ritu Jhunjhnuwala Promoter group

Hind Strategic Investments

For HIND STRATEGIC INVESTMENTS

Surya Kumar Jhunjhnuwala DIRECTOR

Place: Singapore Date: April 5, 2021

  • $1.$ In case of promoter(s) making disclosure under regulation 30(2), no additional disclosure under regulation 30(1) is required.
  • $(*)$ 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.
  • $(**)$ Part-B shall be disclosed to the Stock Exchanges but shall not be disseminated.
BSE Limited National Stock Exchange of India Limited
Corporate Relationship Department, Exchange Plaza, C-1, Block G
P. J. Towers, Dalal Street, Fort, Bandra - Kurla Complex, Bandra (E),
Mumbai - 400 001 Mumbai-400051
[email protected] [email protected]
Scrip Code: 509874 Symbol: SHALPAINTS

Dear Sir(s),

Pursuant to Regulation 30(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, please find attached the necessary information in format prescribed under the said Regulations relating to shares held in Shalimar Paints Limited as on 31.03.2019 by the undersigned.

Please take on record and acknowledge the receipt.

Disclosures under Regulation 30(1) and 30(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011

1. Name of the Target Company (TC) Shalimar Paints Limited
2. Name(s) of the Stock Exchange(s) where the 1.
National Stock Exchange of India Limited
shares of the TC are listed 2.
BSE Limited
Particulars of the shareholder
Name of persons together with Persons
a.
Acting in Concert (PAC) whose total
holding (including that in the form of Nil
shares, warrants, convertible securities
3. and any other instrument that would
entitle the holder to receive shares in the
target company) is more than 25% of the
share or voting rights of the TC.
Or
b. Name(s) of promoter(s), member of the
promoter group and Persons Acting in Sarika Jhunjhnuwala
Concert (PAC) with him.
% w.r.t. total
Particulars of the holding of persons Number of share/voting % of total diluted
4. mentioned at (3) above Shares capital, share/voting
wherever capital of TC
As on March 31, 2019, holding of: applicable
5. Shares
a.
3,52,000 0.66 0.66
b.
Voting Rights (otherwise than by shares)
N.A. N.A. N.A.
Warrants
c.
N.A. N.A. N.A.
Convertible Securities
d.
N.A. N.A. N.A.
Any other instrument that would entitle
e.
N.A. N.A. N.A.
the holder to receive shares in the TC.
TOTAL 3,52,000 0.66 0.66

Part A - Details of Shareholding

Part - $B**$ Name of the Target Company: Shalimar Paints Limited

Name(s) of the person and Persons Acting in Concert
(PAC) with the person
Whether the person
belongs to Promoter/
Promoter group
Hind Strategic Investments Promoter
Surya Kumar Jhunjhnuwala Promoter group
Sarika Jhunjhnuwala Promoter group
Hexa Securities & Finance Co. Ltd Promoter group
Nalwa Sons Investments Limited Promoter group
Colorado Trading Co. Ltd Promoter group
Nalwa Investments Limited Promoter group
Jindal Equipment Leasing and Consultancy Services
Limited
Promoter group
Stainless Investments Limited Promoter group
Sun Investments Private Limited Promoter group
Prithvi Raj Jindal Promoter group
JSL Limited Promoter group
Abhinandan Investments Limited Promoter group
Mansarover Investments Limited Promoter group
Sangita Jindal Promoter group
Ratan Jindal Promoter
Deepika Jindal Promoter group
Sarita Devi Jain Promoter group
Kusum Mittal Promoter group
Hina Devi Goyal Promoter group
S K Jindal & Sons HUF Promoter group
Savitri Devi Jindal Promoter group
Naveen Jindal HUF Promoter group
R.K. Jindal & Sons HUF Promoter group
PR Jindal HUF Promoter group
Sminu Jindal Promoter group
Opelina Finance and Investment Limited Promoter group
OPJ Trading Private Limited Promoter group
Gagan Infraenergy Limited Promoter group
Virtuous Tradecorp Private Limited Promoter group
Systran Multiventures Private Limited Promoter group

Nar ka Chur Signature:

Name of the Promoter: Sarika Jhunjhnuwala

Place: Hong Kong Date: 1 April, 2019

  • Ī. In case of promoter(s) making disclosure under regulation 30(2), no additional disclosure under regulation $30(1)$ is required.
  • Diluted share/voting capital means the total number of shares in the TC assuming full conversion of the $\left( ^{*}\right)$ outstanding convertible securities/warrants into equity shares of the TC.
  • $(**)$ Part-B shall be disclosed to the Stock Exchanges but shall not be disseminated.

y

The Company Secretary, $C.C.:$ Shalimar Paints Limited Stainless Centre, 4th Floor, Plot No. 50, Sector-32, Gurugram, Haryana - 122001 Date:- April 02, 2020

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BSE Limited Corporate Relationship Department, 1st Floor, New Trading Ring, Rotunda Building, P.J. Towers, Dalal Street, Fort, Mumbai - 400 001 National Stock Exchange of India Ltd Exchange Plaza, 5th Floor, Plot No. C/1, G- Block Bandra Kurla Complex, Bandra (E), Mumbai - 400051

Reference: Scrip Code - NSE-SHALPAINTS, BSE-509874

Dear Sir(s),

Pursuant to Regulation 30(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, please find attached the necessary information in format prescribed under the said Regulations relating to shares held in Shalimar Paints Limited as on 31.03.2020 by the undersigned. Further, pursuant to Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, I hereby declare that neither me nor persons acting in concert with me have made any encumbrance, directly or indirectly over the shares of the Company, other than those already disclosed during the financial year ended on March 31, 2020.

Please take on record and acknowledge the receipt.

Thanking You,

Yours Faithfully

Signature:

Name of the Promoter: Sarika Jhunjhnuwala

$C.C.:$ The Company Secretary, Shalimar Paints Limited Stainless Centre, 4th Floor, Plot No. 50, Sector-32, Gurugram, Haryana - 122001

Disclosures under Regulation 30(1) and 30(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011

1. Name of the Target Company (TC) Shalimar Paints Limited
2. Name(s) of the Stock Exchange(s) where the 1. National Stock Exchange of India Limited
shares of the TC are listed 2.
BSE Limited
3. Particulars of the shareholder
Name of persons together with Persons
a.
Acting in Concert (PAC) whose total
holding (including that in the form of
shares, warrants, convertible securities
and any other instrument that would
entitle the holder to receive shares in the
target company) is more than 25% of the
share or voting rights of the TC.
Or
Nil
b. Name(s) of promoter(s), member of the
promoter group and Persons Acting in
Concert (PAC) with him.
Sarika Jhunjhnuwala
4. Particulars of the holding of persons
mentioned at (3) above
Number of
Shares
% w.r.t. total
share/voting
capital,
wherever
applicable
% of total diluted
share/voting
capital of TC
5. As on March 31, 2020, holding of:
Shares
a.
3,52,000 0.65 0.65
Voting Rights (otherwise than by shares)
b.
N.A. N.A. N.A.
Warrants
c.
N.A. N.A. N.A.
Convertible Securities
d.
N.A. N.A. N.A.
Any other instrument that would entitle
e.
the holder to receive shares in the TC.
N.A. N.A. N.A.
TOTAL 3,52,000 0.65 0.65

Part A - Details of Shareholding

Part - $B**$

Name of the Target Company: Shalimar Paints Limited

Name(s) of the person and Persons Acting in Concert
(PAC) with the person
Whether the person
belongs to Promoter/
Promoter group
Hind Strategic Investments Promoter
Surya Kumar Jhunjhnuwala Promoter group
Sarika Jhunjhnuwala Promoter group
Hexa Securities & Finance Co. Ltd Promoter group
Nalwa Sons Investments Limited Promoter group
Colorado Trading Co. Ltd Promoter group
Nalwa Investments Limited Promoter group
Jindal
Equipment Leasing and Consultancy
Services
Limited
Promoter group
Stainless Investments Limited Promoter group
Sun Investments Private Limited Promoter group
Prithvi Raj Jindal Promoter group
JSL Limited Promoter group
Abhinandan Investments Limited Promoter group
Mansarover Investments Limited Promoter group
Sangita Jindal Promoter group
Ratan Jindal Promoter
Deepika Jindal Promoter group
Sarita Devi Jain Promoter group
Kusum Mittal Promoter group
Hina Devi Goyal Promoter group
S K Jindal & Sons HUF Promoter group
Savitri Devi Jindal Promoter group
Naveen Jindal HUF Promoter group
R.K. Jindal & Sons HUF Promoter group
PR Jindal HUF Promoter group
Sminu Jindal Promoter group
Opelina Finance and Investment Limited Promoter group
OPJ Trading Private Limited Promoter group
Gagan Infraenergy Limited Promoter group
Virtuous Tradecorp Private Limited Promoter group
Systran Multiventures Private Limited Promoter group

Wri

Name of the Promoter: Sarika Jhunjhnuwala

Place: Date: April 02, 2020

Signature:

  • $1.$ In case of promoter(s) making disclosure under regulation 30(2), no additional disclosure under regulation $30(1)$ is required.
  • 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.
  • $(**)$ Part-B shall be disclosed to the Stock Exchanges but shall not be disseminated.

Date:- April 5, 2021

BSE Limited Corporate Relationship Department, 1st Floor, New Trading Ring, Rotunda Building, P.J. Towers, Dalal Street, Fort, Mumbai - 400 001 National Stock Exchange of India Ltd Exchange Plaza, 5th Floor, Plot No. C/1, G- Block Bandra Kurla Complex, Bandra (E), Mumbai - 400051

Reference: Scrip Code - NSE-SHALPAINTS, BSE-509874

Dear Sir(s),

Pursuant to Regulation 30(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, ("Takeover Regulations")please find attached herewith necessary disclosure in format prescribed under the Takeover Regulations relating to shares held in Shalimar Paints Limited ("the Company") as on 31.03.2021 by the undersigned. Further, pursuant to Regulation 31(4) of Takeover Regulations, I hereby declare that neither me nor any persons acting in concert with me have made any encumbrance, directly or indirectly over the shares of the Company, other than those already disclosed during the financial year ended on March 31, 2021.

Please take on record and acknowledge the receipt.

Thanking You

Yours Faithfully

Signature: Name of the Promoter: Surya Kumar Jhunjhnuwala

$C.C.$ The Company Secretary/Audit Committee Shalimar Paints Limited Stainless Centre, 4th Floor, Plot No. 50, Sector-32, Gurugram, Haryana - 122001

Enclosed as above

Disclosures under Regulation 30(1) and 30(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011

Part A - Details of Shareholding

1. Name of the Target Company (TC) Shalimar Paints Limited
2. Name(s) of the Stock Exchange(s) where 1. National Stock Exchange of India Limited
the shares of the TC are listed 2.
BSE Limited
3 1 Particulars of the shareholder
a. Name of persons together with
Persons Acting in Concert (PAC)
whose total holding (including that in
of shares, warrants,
the form
convertible securities and any other
instrument that would entitle the
holder to receive shares in the target
company) is more than 25% of the
share or voting rights of the TC.
Or
Nil
b. Name(s) of promoter(s), member of
the promoter group and Persons
Acting in Concert (PAC) with him.
Surya Kumar Jhunjhnuwala
4. Particulars of the holding of persons
mentioned at (3) above
Number of
Shares
% w.r.t. total
share /voting
capital,
wherever
applicable
% of total
diluted
share/voting
capital of TC
5. As on March 31, 2021, holding of:
Shares
a.
9,23,286 1.70 1.70
Voting Rights (otherwise than by
b.
shares)
N.A. N.A. N.A.
Warrants
C.
N.A. N.A. N.A.
Convertible Securities
d.
N.A. N.A. N.A.
Any other instrument that would
e.
entitle the holder to receive shares
in the TC.
N.A. N.A. N.A.
TOTAL 9,23,286 1.70 1.70

Name of the Target Company: Shalimar Paints Limited

Name(s) of the person and Persons Acting in
Concert (PAC) with the person
Whether the person
belongs to Promoter/
Promoter group
Hind Strategic Investments Promoter
Surya Kumar Jhunjhnuwala Promoter group
Sarika Jhunjhnuwala Promoter group
Hexa Securities & Finance Co. Ltd Promoter group
Nalwa Sons Investments Limited Promoter group
Colorado Trading Co. Ltd Promoter group
Nalwa Investments Limited Promoter group
Jindal Equipment Leasing and Consultancy Services
Limited
Promoter group
Stainless Investments Limited Promoter group
Sun Investments Private Limited Promoter group
Prithvi Raj Jindal Promoter group
JSL Limited Promoter group
Abhinandan Tradex Limited Promoter group
Mansarover Tradex Limited Promoter group
Sangita Jindal Promoter group
Ratan Jindal Promoter
Deepika Jindal Promoter group
Sarita Devi Jain Promoter group
Kusum Mittal Promoter group
Hina Devi Goyal Promoter group
S K Jindal & Sons HUF Promoter group
Savitri Devi Jindal Promoter group
Naveen Jindal HUF Promoter group
R.K. Jindal & Sons HUF Promoter group
PR Jindal HUF Promoter group
Sminu Jindal Promoter group
Opelina Finance and Investment Limited Promoter group
OPJ Trading Private Limited Promoter group
Gagan Infraenergy Limited Promoter group
Virtuous Tradecorp Private Limited Promoter group
Systran Multiventures Private Limited Promoter group
Gaurang Jhunjhnuwala Promoter group
Shivang Jhunjhnuwala Promoter group
Ritu Jhunjhnuwala Promoter group

$\overline{\phantom{1}}$ $\gamma$ - -

Signature: Name of the Promoter: Surya Kumar Jhunjhnuwala Place: Singapore Date: April 5, 2021

  • $1.$ In case of promoter(s) making disclosure under regulation 30(2), no additional disclosure under regulation 30(1) is required.
  • $(*)$ 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.
  • $(**)$ Part-B shall be disclosed to the Stock Exchanges but shall not be disseminated.