Tejas Networks Limited — Major Shareholding Notification 2021

Sep 20, 2021

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September 20, 2021

The Secretary National Stock Exchange of India Ltd Exchange Plaza, C/1, Block G, Bandra Kurla Complex, Bandra (East) Mumbai – 400 051 NSE Symbol: TEJASNET

The Secretary BSE Limited P J Towers, Dalal Street, Fort, Mumbai – 400 001 BSE Scrip Code: 540595

Dear Sir/Madam,

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

Please find attached the below disclosure under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulation, 2011 received by us on September 20, 2021 from Nippon Life India Trustee Limited (formerly known as Reliance Capital Trustee Co. Ltd.).

Thanking you,

Yours sincerely

For Tejas Networks Limited

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N R Ravikrishnan General Counsel, Chief Compliance Officer & Company Secretary

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NIMF/27/09/2021 September 20, 2021

National Stock Exchange of India Limited Listing Department Exchange Plaza, Plot no. C/1, G Block, Bandra-Kurla Complex, Bandra (E), Mumbai - 400 051

Bombay Stock Exchange Limited Corporate Service Department Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001

Sir / Madam,

Sub: Disclosure pursuant to SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 .

This is to inform you, that pursuant to issue of fully paid up equity shares of face value of Rs. 10 each by Tejas Networks Limited (‘the company’), total paid up share capital of the company got increased, which resulted in overall reduction in holding percentage of Nippon Life India Trustee Limited (formerly known as Reliance Capital Trustee Co. Ltd.) through various schemes of Nippon India Mutual Fund in the company without executing any sale transaction.

The requisite disclosure in terms of Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 is attached herewith.

Kindly acknowledge the receipt hereof.

Yours truly,

For Nippon Life India Asset Management Limited

(formerly known as Reliance Nippon Life Asset Management Limited)

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(Nilesh Pednekar) AVP - Compliance

C.C. The Company Secretary, M/s. Tejas Networks Limited Plot No. 25, 5th Floor, J.P. Software Park, Electronic City Phase 1, Hosur Road, Bengaluru, Karnataka, 560100 Phone: 080-41794600 / 700 / 800 Fax: 080-28520201 Email: corporate@tejasnetworks.com ; ravikrishnanr@india.tejasnetworks.com

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

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1. Name of the Target Company (TC) Tejas Networks Limited
2. Name(s) of the acquirer and Persons Acting in Nippon Life India Trustee Limited (formerly
Concert (PAC) with the acquirer known as Reliance Capital Trustee Co Ltd) A/c
through various schemes of Nippon India Mutual Fund
Contact Address:
Nippon India Mutual Fund
4th Floor, Tower A, Peninsula Business
Park, Ganapatrao Kadam Marg, Lower
Parel (W), Mumbai - 400 013.
Tel No. +91 22 6808 7000
Fax No. +91 22 6808 7097
3. Whether the acquirer belongs to No
Promoter/Promoter group
4. Name(s) of the Stock Exchange(s) where the The National Stock Exchange of India Ltd,
shares of TC are Listed BSE Limited
5. Details of the acquisition / disposal as follows Number % w. r. t. total % w. r. t. total
share/ voting diluted share/
capital wherever voting capital of
applicable () the TC ()
Before the Sale under consideration, holding
of :
a) Shares carrying voting rights 57,63,697 6.1507 6.1507
b) Shares in the nature of encumbrance (pledge/ - - -
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 T C (specify - - -
holding in each category)
Total (a+b+c+d) 57,63,697 6.1507 6.1507
Details of acquisition/ sale
a) Shares carrying voting rights acquired/ sold - - -
b) VRs acquired /sold otherwise than by shares - - -
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
d) Shares encumbered / invoked/released by the - - -
acquirer
Total (a+b+c+d) - - -
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After the acquisition /sale, holding of:
a) Shares carrying voting rights 57,63,697 5.0967 5.0967
b) Shares encumbered with the acquirer - - -
c) VRs otherwise than by 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.
Total (a+b+c+d) 57,63,697 5.0967 5.0967
6. Mode of acquisition / sale (e.g. open market / off- Due to issue of fully paid up equity shares of face
market / public issue / rights issue / preferential value of Rs. 10 each by Tejas Networks Limited (‘the
allotment / inter-se transfer etc) company’), total paid up share capital got increased,
which resulted in overall reduction in holding
percentage of Nippon Life India Trustee Limited
through various schemes of Nippon India Mutual Fund
in the company without executing any sale transaction.
7. Date of acquisition / sale of shares / VR or date of September 08, 2021
receipt of intimation of allotment of shares,
whichever is applicable
Rs. 93,70,75,220/- (9,37,07,522 shares at the face
8. Equity share capital / total voting capital of the TC
before the said acquisition / sale value of Rs.10 per share)
Rs. 113,08,73,670/- (11,30,87,367 shares at the face
9. Equity share capital/ total voting capital of the TC
after the said acquisition / sale value of Rs.10 per share)
Rs. 113,08,73,670/- (11,30,87,367 shares at the face
10.Total diluted share/voting capital of the TC after
the said acquisition / sale value of Rs.10 per share)
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Signature of Authorized Signatory

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(Nilesh Pednekar) AVP - Compliance

Place: Mumbai Date: September 20, 2021