Swan Corp Limited — Regulatory Filings 2021

Dec 2, 2021

VJt')!T IMPTX P1U')lJtTT llMITTV 6, Feltham House, 2nd Floor, 10, J.N. Heredia Marg, Ballard Estate, Mumbai - 400001. CIN No.: U51900MH1990PTC057932

D IPLlnse/bse/swan 1 st December, 2021

To,

Dear Sir I Madam,

Sub.: Disclosure under regulation 31(1) ofSEBI (SAST) Regulations, 2011

With reference to the captioned subject, please find enclosed herewith the disclosure for pledge creation on 51,00,000 equity shares.

Please take it on your record.

Thanking you,

Yours faithfully,

For Dave Impex Private Limited

Authorized Signatory

Encl: As above

Format for disclosure by the Promofer(s) to the stock exchanges and to the Target Company for encumbrance of shares ! invocation of encumbrance! release of encumbrance, in terms of Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations. 2011

Name of the Target Company (TC)	Swan Energy Limited
Names of the Stock Exchanges where the shares of the target company are listed	Bombay Stock Exchange and National Stock Exchange
Date of reporting	01/12/2021
Name of the promoter or PAC on whose share's encumbrance has been created/released/invoked	Dave Impex Private Limited
Details ofthe creation/invocation/release of encumbrance:	Creation of pledge

Name of the Promoter (s) orPACswith him (U)	Promoter holding in the Promoter holding already target company (I) encumbered (2)			Details of events pertaining to encumbrance (3)								Post event holding of encumbered Shares {creation [(2) +(3)] 1 release [(2)-(3)] 1 Invocation
	No. of shares	% of tot a! Share capital	No. of shares	% of total share capital	Type of event (creation! release linvocation) invocation	Date of creation! release 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 encumber ed	No. of shares	%of total share capital
Dave Impex Pvt. Ltd	4,60,30,400	18.85%	2,53,21,3 85	10.37%	Creation	30/1112021	Pledge	Collateral for Loan	51,00,000	2.09%	JM Financial Products LTD.	3,04,21,385	12.45%
Swan Realtors Private Limited	4,15,89,000	17.03%	NIL	NIL	NA	NA	NA	NA	NA	NA	NA	NIL	NIL
Swan Engitech Works Private Limited	3,84,02,858	15.72%	NIL	NIL	NA	NA	NA	NA	NA	NA	NA	NIL	NIL
Dave Leasing and Holdings Private Limited	74,40,800	3.05%	NIL	NIL	NA	NA	NA	NA	NA	NA	NA	NIL	NIL
Forceful Vincom Private Limited	40,00,000	1.64%	NIL	NIL	NA	NA	NA	NA	NA	NA	NA	NIL	NIL
Inderlok Dea!comm Private Limited	40,00,000	1.64%	NIL	NIL	NA	NA	NA	NA	NA	NA	NA	NIL	-'- &i ' )( ~ NIL ( ~~ ) r.>

~ . -.: .... .J ^~ ~

Sahajanand Soaps and Chemicals PvtLtd	66,10,000	2.71%	NIL	NIL	NA	NA	NA	NA	NA	NA	NA	NIL	NIL
Banshidhar Traders Private Limited	40,00,000	1.64%	NIL	NIL	NA	NA	NA	NA	NA	NA	NA	NIL	NIL
Dhankalash Tradecomm Private Limited	40,00,000	1.64%	NIL	NIL	NA	NA	NA	NA	NA	NA	NA	NIL	NIL
Swan International Limited	23,40,442	0.96%	NIL	NIL	NA	NA	NA	NA	NA	NA	NA	NIL	NIL
Nikhil Vasantlal Merchant	4,000	0.00%	NIL	NIL	NA	NA	NA	NA	NA	NA	NA	NIL	NIL
Bhavik Nikhil Merchant	41,000	0.02%	NIL	NIL	NA	NA	NA	NA	NA	NA	NA	NIL	NIL
Vinita Nikhil Merchant	41,500	0.02%	NIL	NIL	NA	NA	NA	NA	NA	NA	NA	NIL	NIL

For Dave Impex Private Limited

Place: Mumbai Date: 01112/2021

Format for disclosure of reasons for encumbrance

Name of listed company	Swan Energy Limited
Name ofthereoognked stock exchanges where the shares of the company are listed	Bombay Stock Exchange and NationaJ Stock Exchanl!e
Name of the oromoter(s) I PACs whose shares have been encumbered	Dave Impex Private Limited
Total promoter shareholding in the listed company	No. of shares -
	% oftotaJ share capital -
Encumbered shares as a % of promoter shareholding	11.08%
Wbellier encumbered share is 50% or more of promoter sharebolding	NO
Whellier encumbered share is 20% or more oftotal share capital	NO

Details ora II the existing eventsl agreements pertaining to encumbrance

		Encumbrance 1	Encumbrance 2
	Type of encumbrance (pledge, lien, negative lien, non-disposal undertaking etc. or any ollier covenant, transaction, condition or arran~ment in tne nature of encumbrance)_	(Date of creation of enoumbrance: 30/1 112021) Pledge Creation	(Add columns for each event! agreem( N.A.
No. and % of shares encumbered		No. of shares: 51,00,000 % oftotaJ share capitaJ: 2.09%	N.A.
Specific details	Name of the entity in whose favour shares encumbered (X)	JM Financial Products LID.	N.A.
about the encumbrance	Whether the entity X is a scheduled commercial bank, public fmancial institution, NBFC or housing finance company? If no, provide the nature of the business of the entity.	Public Financial Institution	N.A.
	Names of all other entities in the agreement	Listed company and its group companies. (if any) - N.A. Other entities (if any) - N.A.	N.A.
	Whether the encumbrance is relating to any debt instruments viz. debenture, commercial paper, certificate of deposit etc.? If yes, provide details about the instrument, including credit rating	No	N.A.
	Security Cover I Asset C Value of shares on the date of event I agreement (A)	60,46,05 000	N.A.
	Amount involved Jagainst which sbares have been encumbered) (B)	425000,000	N.A.
	Ratio of AlB	1.42:1	N.A.
End use of money	Borrowed amount to be utilized for what purpose - (a) Personal use by promoters and PACs (b) For the benefit of listed company Provide details including amount, purpose of raising money by listed company, schedule for utilization of amount, repayment schedule etc. (a) Any other reason (please specify)	To repay loans and meeting working capital requirements of the Company.	N.A.
For Dave bnpex Private Limited Authorized SigUatory	~

Place: Mumbai Date: 01112/2021