Tejas Networks Limited — Major Shareholding Notification 2021

Aug 2, 2021

==> picture [158 x 66] intentionally omitted <==

==> picture [167 x 73] intentionally omitted <==

August 02, 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 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 01, 2021 from Cascade Capital Management Mauritius.

This is for your kind information and record.

Thanking you,

Yours sincerely For Tejas Networks Limited

==> picture [99 x 47] intentionally omitted <==

==> picture [55 x 55] intentionally omitted <==

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

==> picture [426 x 37] intentionally omitted <==

---

July 30, 2021 The Compliance Offer The Managing Director The Managing Director Tejas Networks Limited BSE Limited The National Stock Exchange Plot No. 25, 5th Floor, Phiroze Jeejebhoy of India Limited J.P. Software Park, Towers, Exchange Plaza, Plot No. C/1, Electronic City Phase 1, Dalal Street G Block, Hosur Road, Mumbai, 400 001 Bandra Kurla Complex, Bandra Bengaluru, Karnataka, 560100. (East), Mumbai, 400 051

To,

Sub: Disclosure under Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (“SEBI SAST Regulations”)

Dear Sir,

We, Cascade Capital Management Mauritius (the “ Seller ”), as one of the shareholders of Tejas Networks Limited (“ Target Company ”) have sold 1,45,00,000 equity shares of face value of Rs.10/each (“ Equity Shares ”) of the Target Company, representing 15.49%% of the total issued and paid-up equity share capital of the Target Company, through the stock exchange on July 30, 2021.

As required under Regulation 29(2) of the SEBI SAST Regulations, we enclose with this letter, a disclosure of the change in our shareholding in the Target Company, pursuant to the sale. The enclosed disclosure is in the relevant format notified by SEBI in respect of Regulation 29(2) of the SEBI SAST Regulations.

This letter is intended for the information and records of the Target Company and the Stock Exchanges.

Thanking you.

For Cascade Capital Management Mauritius

______ Authorised Signatory

Servjeet Singh Bhachu Director

==> picture [426 x 37] intentionally omitted <==

---

Disclosures under Regulation 29(2) of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulation, 2011

==> picture [425 x 583] intentionally omitted <==

----- Start of picture text -----

Name of the Target Company (TC) Tejas Networks Limited
Name(s) of the seller Cascade Capital Management Mauritius
Whether the seller belongs to No
Promoter/Promoter group
Name(s) of the Stock Exchange(s) National Stock Exchange of India Limited and BSE
where the shares of TC are Listed Limited
Details of the Disposal as follows Number % w.r.t. total % w.r.t. total
share/voting diluted share/voting
capital capital of the
wherever TC()
applicable(*)
Before the disposal under consideration, holding of:
a) Shares carrying voting rights 1,65,13,184 17.64% 17.64%
b) Shares in the nature if encumbrance - - -
(pledge/lien/non-disposal
undertaking/others
c) Voting rights (VR) 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)
Total (a+b+c+d) 1,65,13,184 17.64% 17.64%
Details of sale:
a) Shares carrying voting rights sold 1,45,00,000 15.49% 15.49%
b) VRs 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
e) Total (a+b+c+d) 1,45,00,000 15.49% 15.49%
After the sale, holding of:
a) Shares carrying voting rights 20,13,184 2.15% 2.15%
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
e) Total (a+b+c+d) 20,13,184 2.15% 2.15%
----- End of picture text -----**

==> picture [426 x 37] intentionally omitted <==

_______	________
Mode of sale (e.g open market / off- market / public issue / right issue / preferential allotment / inter – se transferetc).	Open market sale
Date of sale of shares	July 30, 2021
Equity share capital / total voting capital of the TC before the said sale*	INR 93,58,82,630/- comprising of 9,35,88,263 Equity Shares of INR 10 each.
Equity share capital / total voting capital of the TC after the said sale*	INR 93,58,82,630/- comprising of 9,35,88,263 Equity Shares of INR 10 each.
Total diluted share/voting Capital of the TC after said sale*	INR 93,58,82,630/- comprising of 9,35,88,263 Equity Shares of INR 10 each.

(*) Total share capital / voting capital is as per the latest filing done by the Target Company to the Stock Exchange i.e. shareholding pattern filed by the Target Company for the quarter ended June 30, 2021.

(**)Diluted share/voting capital means the total number of shares in the Target Company assuming full conversion of the outstanding convertible securities/warrants into equity shares of the Target Company.

For Cascade Capital Management Mauritius

______ Authorised Signatory

Servjeet Singh Bhachu Director