Tilaknagar Industries Ltd — Major Shareholding Notification 2021

Dec 22, 2021

Date: December 21, 2021

To	To	Т٥
BSE Limited	NSE - Corporate Office	Tilaknagar Industries Ltd,
Phiroze Jeejeebhoy Towers	National Stock Exchange of India Ltd.,	P.O.Tilaknagar,
Dalal Street	Exchange Plaza, C-1, Block G,	Tal.Shrirampur,
Mumbai-400001	Bandra Kurla Complex, Bandra (E)	Dist.Ahmednagar
Security ID/Security code: TI	Mumbai - 400 051	Shrirampur
/507205	Symbol: TI	Maharashtra 413720

Disclosures under Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

Part-A - Details of the Acquisition

Name of the Target Company (TC)	Tilaknagar Industries Limited
Name(s) of the acquirer and Persons Acting	Lotus Family Trust : Trustee - Barclays Wealth
in Concert (PAC) with the acquirer	Trustees (India) Private Limited
Whether the acquirer belongs to	No
Promoter/Promoter group
Name(s) of the Stock Exchange(s) where the	BSE Limited and The National Stock Exchange Limited
shares of TC are Listed

Details of the acquisition 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 acquirer along with PACs of:
a) Shares carrying voting rights
b) Shares in the nature of 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)		$\overline{\phantom{a}}$
e) Total (a+b+c+d)

Lotus Family Trust

Trustee - Barclays Wealth Trustees (India) Private Limited

208, Ceejay House, Dr. Annie Besant Road, Shivsagar Estate, Worli, Mumbai - 400018, India

Details of acquisition
a) Shares carrying voting rights acquired	1, 18, 86, 792	7.67	7.13
b) VRs acquired 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
d) Shares in the nature of encumbrance (pledge/
lien/ non-disposal undertaking/others)
e) Total (a+b+c+/-d)	1, 18, 86, 792	7.67	7.13
After the acquisition, holding of acquirer along
with PACs of:
a) Shares carrying voting rights	1, 18, 86, 792	7.67	7.13
b) VRs otherwise than by equity 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) after acquisition
d) Shares in the nature of encumbrance (pledge/
lien/ non-disposal undertaking/ others)
e) Total (a+b+c+d)	1, 18, 86, 792	7.67	7.13
	Preferential Allotment of Equity Shares
Mode of acquisition (e.g. open market / off-
market / public issue / rights issue / preferential allotment / inter-se transfer encumbrance, etc)
Salient features of the securities acquired	NA
including time till redemption, ratio at which it
can be converted into equity shares, etc.
Date of acquisition of / date of receipt of	20 th December 2021 (Date of intimation of
intimation of allotment of shares / VR/	allotment of shares - from the website of BSE
warrants/convertible securities/any other	Limited and The National Stock Exchange Limited)
instrument that entitles the acquirer to receive
shares in the TC.
Equity share capital/total voting capital of the TC	14,02,77,609
before the said acquisition
Equity share capital/total voting capital of the TC	15,49,43,698
after the said acquisition
Total diluted share/voting capital of the TC after	16,68,30,490

Lotus Family Trust

Trustee - Barclays Wealth Trustees (India) Private Limited 208, Ceejay House, Dr. Annie Besant Road, Shivsagar Estate, Worli, Mumbai-400018, India

For Lotus Family Trust Lotus Family Trust

Trustee: Barclays Wealth Trustees (India) Private Limited Trustee - Barclays Wealth Trustees (India) Private Limited

Authorized Signatory

Place: Mumbai

$1.74441$

Notes:

(*) 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.

(***) Part-B shall be disclosed to the Stock Exchanges but shall not be disseminated.

Note - The shareholding % indicated above is post issuance of shares & convertible warrants, as applicable.