STL Global Ltd — Major Shareholding Notification 2024

Sep 18, 2024

Date: 18-09-2024

To, The Manager BSE Limited National Stock Exchange of India Limited P. J. Towers, Dalal Street Exchange Plaza, C-1, Block-G Mumbai – 400001 Bandra Kurla Complex, Bandra (East), Scrip Code: 532730 Mumbai – 400051 Scrip Code: SGL

Dear Sir/Madam,

Subject: Report under Regulation 10(6) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (‘SEBI (SAST) Regulations, 2011’)

Please find enclosed herewith the disclosure under Regulation 10(6) of SEBI (SAST) Regulations, 2011 pursuant to acquisition of 74,80,793 Equity Shares of face value of INR 10/- each representing 27.71% of the paid-up share capital of STL Global Limited on 13[th] September, 2024 amongst member of promoter and promoter group in accordance with Regulation 10(1)(a)(ii) of SEBI (SAST) Regulations, 2011.

You are requested to take the same in your records.

For and on behalf of Acquirers

Vikas Digitally signed by Vikas Aggarwal Aggarwal Date: 2024.09.18 14:15:58 +05'30'

Vikas Aggarwal

Encl: As above

Disclosures under Regulation 10(6)

Report to Stock Exchange in respect of any acquisition made in reliance upon exemption provided for in Regulation 10 of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

1.	Name of the Target Company (TC)	STL Global Limited	STL Global Limited
2.	Name of the Acquirer	 Mr. Vikas Aggarwal (“Acquirer 1”)  Ms. Sangeeta Aggarwal (“Acquirer 2”) (Hereinafter collectivelyreferred to as ‘Acquirers’)
3.	Name of the stock exchange where shares of the TC are listed	BSE Limited (‘BSE’) National Stock Exchange of India Limited(‘NSE’)
4.	Details of the transaction including rationale, if any, for the transfer/ acquisition of shares.	The transaction is pursuant to internal re-organization of the shares amongst members of promoter and promoter group
5.	Relevant regulation under which the acquirer is exempted from making open offer.	Sub clause (ii) of Clause (a) of sub-regulation (1) of Regulation 10 of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeover)Regulations,2011.
6.	Whether disclosure of proposed acquisition was required to be made under regulation 10 (5) and if so,  Whether disclosure was made and whether it was made within the timeline specified under the regulations.  Date of filing with the stock exchange.	Yes, disclosure of such proposed acquisition has been made to stock exchange under Regulation 10(5) and within the time as specified under the regulations i.e., 4 working days prior to the proposed date of acquisition 17-08-2024
7.	Details of acquisition	Disclosures required to be made under Regulation 10(5)	Whether the disclosures under Regulation 10(5) are actually made
	a. Name of the transferor / seller	 Target Fashion Limited (Seller 1)  Vinod Kumar Aggarwal (Seller 2)  Rita Aggarwal(Seller 3)	Yes
	b. Date of acquisition	13thSeptember,2024	Yes
	c. Number of shares/ voting rights in respect of the acquisitions from each person mentioned in 7(a) above	 Target Fashion Limited - 51,77,879 representing 19.18% of the paid-up share capital of the Target Company.  Vinod Kumar Aggarwal - 13,01,852 representing 4.82% of the paid-up share capital of the Target Company.  Rita Aggarwal - 10,01,062 representing 3.71% of thepaid-up	Yes

Vikas Digitally signed by Vikas Aggarwal Date: 2024.09.18 Aggarwal 14:16:34 +05'30'

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share capital of the Target
Company.
d. Total shares proposed to be acquired / 74,80,793 (Seventy Four Lakh Yes
actually acquired as a % of diluted Eighty Thousand Seven
share capital of TC Hundred and Ninety Three)
representing 27.71% of the
paid-up share capital of the
Target Company.
e. Price at which shares are proposed to The share will be acquired by The share has been acquired by
be acquired / actually acquired the Acquirers at the following the Acquirers at the following
prices – prices –
1. Seller 1 – INR 13.51 4. Seller 1 – INR 13.51
per share per share
2. Seller 2 – Nil 5. Seller 2 – Nil
3. Seller 3 – Nil 6. Seller 3 – Nil
Seller 2 and Seller 3 being the
immediate relatives of the
Acquirers
8. Shareholding details Pre-Transaction Post-Transaction
No. of shares % w.r.t. to No. of shares % w.r.t. to
held total share held total share
capital of capital of TC
TC
A Acquirer/Transferee
- Mr. Vikas Aggarwal 12,46,001 4.62 60,00,000 22.23
- Ms. Sangeeta Aggarwal 32,73,206 12.13 60,00,000 22.23
TOTAL (A) 45,19,207 16.75 1,20,00,000 44.46
B Seller/Transferor
- Target Fashion Limited 51,77,879 19.18 0 0.00
- Vinod Kumar Aggarwal 43,54,423 16.13 30,52,571 11.31
- Rita Aggarwal 40,01,062 14.82 30,00,000 11.11
TOTAL (B) 1,35,33,364 50.13 60,52,571 22.42
TOTAL (A+B) 1,80,52,571 66.88 1,80,52,571 66.88
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*All % ages mentioned above are calculated on the fully paid-up equity share capital of the Target Company.

For and on behalf of Acquirers

Vikas Digitally signed by Vikas Aggarwal Date: 2024.09.18 Aggarwal 14:16:57 +05'30' Vikas Aggarwal

Date: 18-09-2024 Place: New Delhi