SRF Ltd. — Major Shareholding Notification 2024

Jan 25, 2024

Date: 24.01.2024

To,

BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, 5[th] Floor Dalal Street Bandra-Kurla Complex Mumbai-400001 Bandra (E), Mumbai-400051 Scrip Code: 503806 Scrip Code: SRF ISIN: INE647A01010 ISIN: INE647A01010 Email: corp.relations@bseindia.com Email: takeover@nse.co.in

Sub: Intimation under regulation 10(5) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

Dear Sir,

Please find attached intimation under regulation 10(5) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 for acquisition of 25,000 (twenty-five thousand) equity shares each by Ashish Bharat Ram and Kartik Bharat Ram from Mr. Arun Bharat Ram by way of inter-se transfer by way of gift amongst qualifying persons being immediate relatives in the following manner:

1. Gift of 25,000 equity shares from Mr. Arun Bharat Ram to Ashish Bharat Ram; and 2. Gift of 25,000 equity shares from Mr. Arun Bharat Ram to Kartik Bharat Ram.

The transaction is proposed to be done on 05.02.2024 with no price consideration. The transaction will not result in any change in control and holding of the overall promoter group.

Kindly take the same on records.

Thanking you,

ASHISH Digitally signed by ASHISH BHARAT RAM KARTIK Digitally signed by KARTIK BHARAT RAM BHARAT RAM Date: 2024.01.24 17:29:18 +05'30' BHARAT RAM Date: 2024.01.24 17:30:08 +05'30' Ashish Bharat Ram Kartik Bharat Ram

Encl. as above

– Format for Disclosures under Regulation 10(5) Intimation to Stock Exchanges in respect of acquisition under Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

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1. Name of the Target Company (TC) SRF Limited
2. Name of the acquirer(s) 1. Ashish Bharat Ram
2. Kartik Bharat Ram
3. Whether the acquirer(s) is/are Yes, the acquirers are immediate relatives of the
promoters of the TC prior to the transferor and belong to the Promoter Group.
transaction. If not, nature of
relationship or association with the
TC or its promoters
4. Details of the proposed acquisition
a. Name of the person(s) from Mr. Arun Bharat Ram (father of the acquirers)
whom shares are to be acquired
b. Proposed date of acquisition 05.02.2024
c. Number of shares to be acquired 50,000 (Fifty thousand) fully paid-up equity
from each person mentioned in shares of INR 10 each
4(a) above
d. Total shares to be acquired as % 0.016%
of share capital of TC
e. Price at which shares are Not applicable. The shares are being gifted
proposed to be acquired between immediate relatives who are part of the
Promoter Group.
f. Rationale, if any, for the proposed Inter-se transfer between immediate relative
transfer through gift.
5. Relevant sub-clause of regulation Sub-clause (i) through inter-se transfer amongst
10(1)(a) under which the acquirer is qualifying persons being immediate relatives.
exempted from making open offer
6. If, frequently traded, volume Not applicable. The shares are being gifted
weighted average market price for a between immediate relatives who are part of the
period of 60 trading days preceding Promoter Group.
the date of issuance of this notice as
traded on the stock exchange where
the maximum volume of trading in the
shares of the TC are recorded during
such period
7. If in-frequently traded, the price as Not applicable. The shares are being gifted
determined in terms of clause (e) of between immediate relatives who are part of the
sub-regulation (2) of regulation 8 Promoter Group.
8. Declaration by the acquirer, that the Not applicable. The shares are being gifted
acquisition price would not be higher between immediate relatives who are part of the
by more than 25% of the price Promoter Group.
computed in point 6 or point 7 as
applicable
9. Declaration by the acquirer, that the The acquirers hereby declare that the transferor
transferor and transferee have and transferees have complied with, and
complied/ will company with undertake to comply with, all applicable
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Digitally signed by ASHISH ASHISH BHARAT RAM KARTIK Digitally signed by KARTIK BHARAT RAM BHARAT RAM Date: 2024.01.24 17:29:33 +05'30' BHARAT RAM Date: 2024.01.24 17:30:22 +05'30'

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applicable disclosure requirements in disclosure requirements in Chapter V of the
Chapter V of the Takeover Takeover Regulations, 2011 and other applicable
Regulations, 2011 (corresponding SEBI regulations.
provisions of the repealed Takeover
Regulations 1997)
10. Declaration by the acquirer that all the The acquirers hereby declare that all the
conditions specified under regulation conditions specified under regulation 10(1)(a)
10(1)(a) with respect to exemptions with respect to exemptions has been complied
has been duly complied with with.
11. Shareholding details Before the proposed After the proposed
transaction transaction
No. of % w.r.t. No. of % w.r.t.
shares total shares total
/voting share /voting share
rights capital rights capital
of TC of TC
A Acquirer(s) and PACs (other than
sellers)(): -
 KAMA Holdings Limited 14,96,45,000 50.48% 14,96,45,000 50.48%
 Ashish Bharat Ram Nil Nil 25,000 0.008%
 Kartik Bharat Ram Nil Nil 25,000 0.008%
Total (a) 14,96,45,000 50.48% 14,96,95,000 50.496%
B Seller (s) Mr. Arun Bharat Ram 1,37,500 0.046% 87,500 0.029%
Total (a) 1,37,500 0.046% 87,500 0.029%
Grand Total (a)+(b) 14,97,82,500 50.53% 14,97,82,500 50.53%
(there is no change in overall promoter
holding)
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Note:

• (*) Shareholding of each entity may be shown separately and then collectively in a group.

• The above disclosure shall be signed by the acquirer mentioning date & place. In case, there is more than one acquirer, the report shall be signed either by all the persons or by a person duly authorised to do so on behalf of all the acquirers.

Digitally signed by ASHISH ASHISH BHARAT RAM KARTIK Digitally signed by KARTIK BHARAT RAM Date: 2024.01.24 BHARAT RAM Date: 2024.01.24 17:29:43 +05'30' BHARAT RAM 17:30:37 +05'30'