Tilaknagar Industries Ltd — Major Shareholding Notification 2021

Dec 21, 2021

Date: December 21, 2021

To, To, The Manager (Listing) The Manager (Listing), BSE Limited National Stock Exchange of India Ltd. P.J. Towers, Dalal Street, Exchange Plaza,Plot no. C/1, G Block, Mumbai – 400 001 Bandra -Kurla Complex, Bandra (E). Ph: 022 2272 1233/34 Mumbai 400 051. Fax: 022 2272 3719 Ph No.: 26598235/36 Script Code: 507205 Fax No.:26598237/38 Symbol: TI

Sub: Disclosure pursuant to Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

Dear Sir,

Pursuant to the provisions of Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, please find attached the disclosure in the prescribed format.

Thanking you,

Yours Faithfully,

AMIT Digitally signed by AMIT DAHANUKAR DAHANUKA Date: 2021.12.21 R 18:34:46 +05'30'

Amit Dahanukar (DIN: 00305636)

Place: Mumbai Encl: a/a

CC: Tilaknagar Industries Ltd. P.O. Tilaknagar, Tal. Shrirampur, Dist. Ahmednagar, Maharashtra 413720

Disclosures under Regulation 29(1) of SEBI (Substantial Acquisition of Shares

and Takeovers) Regulations, 2011

Part-A- Details of the Acquisition

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1. Name of the Target Company (TC) Tilaknagar Industries Ltd.
2. Name(s) of the acquirer and Persons Acting M L Dahanukar & Co Pvt. Ltd.
in Concert (PAC) with the acquirer
3. Whether the acquirer belongs to Yes (Promoter group)
Promoter/Promoter group
4. Name(s) of the Stock Exchange(s) where i) BSE Limited
the shares of TC are Listed
ii) National Stock Exchange of India Limited
5. Details of the acquisition of the Number % w.r.t. total % w.r.t. total
Acquirer and PAC share/voting diluted
capital share/voting
wherever capital of the
applicable() TC()
Before the acquisition/ under
consideration, holding of:
a) Shares carrying voting rights 35,64,235 2.54 [$] 2.14 [$$]
b) Shares in the nature of encumbrance Nil Nil Nil
(pledge/ lien/non-disposal undertaking/
others)
c) Voting rights (VR) otherwise than by
Nil Nil Nil
equity shares
d) Warrants/convertible securities/any Nil Nil Nil
other instrument that entitles the
acquirer to receive shares carrying
voting rights in the T C (specify holding
in each category)
$Calculated on the basis of paid up capital given
under point 9.
$$Calculated on the basis of paid up capital given
under point 11.
35,64,235 2.54 [$] 2.14 [$$]
Total (a+b+c)
Details of acquisition
Nil Nil Nil
a) Shares carrying voting rights
acquired
b) VRs acquired otherwise than by shares Nil Nil Nil
c) Warrants/convertible securities/any 59,43,396 NA 3.56 [## ]
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 Nil Nil Nil
(pledge/ lien/non-disposal undertaking/
others)
## Calculated on the basis of paid up capital given
under point 11.
59,43,396 NA 3.56 [##]
Total (a+b+c)
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After the acquisition, holding of:
a) Shares carrying voting rights
	35,64,235	2.23^	2.14^^
b) VRs otherwise than by shares
	Nil	Nil	Nil
c) Warrants/convertible securities/any	59,43,396	NA	3.56^^
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	Nil	Nil	Nil
(pledge/lien/non-disposal
undertaking/ others)
^Calculated on the basis of paid up capital
given under point 10.
^^Calculated on the basis of paid up capital
given under point 11. Also, assumed that
warrants will be fully converted.
Total (a+b+c)	95,07,631	2.23^	5.70^^
6. Mode of acquisition (e.g. open market /	By way of preferential allotment
public issue / rights issue / preferential
allotment/inter-se transfer/
encumbrance, etc.)
7. Salient features of the securities acquired	Conversion within a period of 18 (Eighteen)
including time till redemption, ratio at	months from the date of allotment in the
which it can be converted into equity	ratio of 1:1
shares, etc.
8. Date of acquisition of/ date of receipt of	December 19, 2021
intimation of allotment of shares / VR/
warrants/convertible securities/any
other instrument that entitles the
acquirer to receive shares in the TC.
9. Equity share capital / total voting	1,40,34,77,760
capital of the TC before the said
acquisition
10. Equity share capital/ total voting	1,55,01,38,650�
capital of the TC after the said
acquisition
11. Total diluted share/voting capital of the	1,66,90,06,570
TC after the said acquisition