Tejas Networks Limited — Major Shareholding Notification 2021

Aug 18, 2021

August 18, 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 August 17, 2021 from Consilium Extended Opportunities Fund L.P.

Thanking you,

For Tejas Networks Limited

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

August 17, 2021

BSE Limited

Phiroze Jeejeebhov Towers. Dalal Street. Mumbai - 400 001.

National Stock Exchange of India Limited

Exchange Plaza. Bandra Kurla Complex, Bandra (East), Murnbai - 400 051.

Dear Sir.

Ref: Disclosure under Regulation 29(2) of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

Pursuant to Regulation 29(2) of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (hereinafter referred to as 'SEBI (SAST), 2011'), we wish to inform you that, as on 12^th August 2021, Consilium Extended Opportunities Fund LP was holding 48,10,427 number of equity shares (aggregating to 5.14%) of Tejas Networks Limited, a company listed on your stock exchange.

Further, Consilium Extended Opportunities Fund LP has sold aggregating to 3,00,000 number of equity shares (aggregating to 0.32%) of Tejas Networks Limited on 13th August 2021 through open market and post the said sale, it is holding 45,10,427 number of equity shares (i.e. 4.82%) of Tejas Networks Limited. In this regard, please find enclosed the disclosure as per Regulation 29(2) of the SEBI (SAST), 2011.

While the aforesaid sale does not require any disclosure under the Regulations, Consilium Extended Opportunities Fund LP, out of abundant caution is submitting herewith the copy of said disclosure under the said Regulations.

Request you to kindly take the same on record and oblige.

Thanking you.

Yours faithfully, For Consilium Extended Opportunities Fund LP

Authorised Signatory: Charles T. Cassel III

Place: USA

Date: August 17, 2021

CC: Tejas Networks Limited Plot No. 25, 5^th Floor, JP Software Park, Electronics City, Phase 1, Hosur Road, Bengaluru - 560 100.

Format for disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Requlations, 2011

Name of the Target Company (TC)
			Tejas Networks Limited
Name(s) of the acquirer and Persons Acting in Concert (PAC) with the acquirer		Consilium Extended Opportunities Fund L.P.
Whether the acquirer belongs to Promoter / Promoter group		No
Name(s) of the Stock Exchange(s) where the shares of TC are Listed		1. National Stock Exchange of India 2. BSE Ltd.
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 b) Shares in the nature οf encumbrance (pledge/ lien/ non- disposal undertaking/ others)	48, 10, 427 NIL	5.14% NIL	5.14% NIL
	c) Voting rights (VR) otherwise than by shares	NIL	NIL	NIL
	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)	NIL	NIL	NIL
	$e)$ Total (a+b+c+d)	48, 10, 427	5.14%	5.14%
Details of acquisition / sale
	a) Shares carrying voting rights acquired / sold	3,00,000	0.32%	0.32%
	b) VRs acquired /sold otherwise than by shares	NIL	NIL	NIL
	c) Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding each in category) acquired/sold	NIL	NIL	NIL
	d) Shares encumbered / invoked / released by the acquirer	NIL	NIL	NIL
	e) Total $(a+b+c+/-d)$	300,000	0.32%	0.32%

After the acquisition / sale, holding
of:
	a) Shares carrying voting rights acquired	45, 10, 427	4.82%	4.82%
	b) Shares encumbered with the acquirer	NIL	NIL	NIL
	c) VRs otherwise than by shares	NIL	NIL	NIL
	d) Warrants / convertible securities /	NIL	NIL	NIL
	any other instrument that entitles
	the acquirer to receive shares
	carrying voting rights in the TC (specify holding in each category)
	after acquisition sale
	$e)$ Total (a+b+c+d)	45, 10, 427	4.82%	4.82%
	Mode of acquisition / sale (e.g. open market / off-market / public issue / rights	Open Market
	issue / preferential allotment / inter-se-
	transfer etc).
	Date of acquisition / sale of shares / VR	13th August 2021
	or date of receipt of intimation of
	allotment of shares, whichever is applicable
	Equity share capital / total voting capital	Equity Share Capital of INR 93,58,82,630/-
	of the TC before the said acquisition /		(9,35,88,263 Equity Shares of INR 10 each)
sale
	Equity share capital/ total voting capital		Equity Share Capital of INR 93,58,82,630/-
	of the TC after the said acquisition / sale		(9,35,88,263 Equity Shares of INR 10 each)
	Total diluted share/voting capital of the		Equity Share Capital of INR 93,58,82,630/-
	TC after the said acquisition / sale		(9,35,88,263 Equity Shares of INR 10 each)

(*) Total share capital/ voting capital to be taken as per the latest filing done by the company to the Stock Exchange under Clause 35 of the listing Agreement.

(**) 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.

Signature of the acquirer / seller / Authorised Signatory

For Consilium Extended Opportunities Fund L.P.

Sign:

Authorised Signatory: Mr.Charles T. Cassel III

Place: USA

Date: August 17, 2021