Voltas Ltd. — Major Shareholding Notification 2021

Apr 19, 2021

April 9, 2021

BSE Limited Voltas Limited P J Towers Voltas House 'A' Fort Chinchpokli,

Dalal Street Dr. Babasaheb Ambedkar Road Mumbai 400 001 Mumbai 400 033

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

Sub: Disclosure under Regulation 30 of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

Dear Sirs,

In terms of the disclosure required under Regulation 30(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 ("Takeover Regulations") regarding aggregate shareholding and voting rights held by the Promoter and Persons Acting in Concert as of the 31st day of March, we forward herewith the said details as on 31st March, 2021 relating to Voltas Limited in the prescribed format.

As mentioned in the format for disclosure, we request you to take the same as disclosure under Regulation 30(1) of the Takeover Regulations also.

Kindly acknowledge receipt.

Yours faithfully, TATA SONS PRIVATE LIMITED SUPRAKASH MUKHOPADHY AY Digitally signed by SUPRAKASH MUKHOPADHYAY Date: 2021.04.09 18:17:18 +05'30'

Suprakash Mukhopadhyay Company Secretary

Encl : As Above

SONS PRIVATE LIMITED

Format for Disclosures under Regulation 30(1) and 30(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

Part -A - Details of Shareholding

2

b.

1 Name of the Target Company (TC) Voltas Limited

Name(s) of the stock exchange(s) where the shares of the TC are listed

3 Particulars of the shareholder(s) :

BSE Limited National Stock Exchange of India Limited

Name of person(s) together with Persons Acting

a. in Concert (PAC) whose total holding (including that in the form of shares, warrants, convertible securities and any other instrument that would entitle the holder to receive shares in the TC) is more than 25% of the voting rights of the TC. or

Name(s) of promoter(s), member of the promoter group and PAC with him. (i) Tata Sons Private Limited (Promoter)

(ii) Promoter Group:

Ewart Investments Limited

Tata Investment Corporation Limited

The Tata Power Company Limited

(iii) Person Acting in Concert#

Tata AIA Life Insurance Company Limited # Note : Tata AIA Life Insurance Company Limited ("TALIC") does not act in concert with Tata Sons Private Limited or any of its group companies for the acquisition of shares, voting rights or control over the Target Company. However TALIC is disclosed above as a "person acting in concert" pursuant to its being deemed so under Regulation 2(1)(q)(2)(i) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

SONS PRIVATE LIMITED

Note: Members of the Promoter Group do not act in concert with Tata Sons Private Limited or any of its group companies for the acquisition of shares, voting rights or control over the Target Company. However, they are deemed as "persons acting in concert" pursuant to Regulation 2(1)(q)(2)(iv) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Particulars of the shareholding of person(s) mentioned at (3) above	Number of Shares	% w.r.t. total Share/ voting capital wherever applicable	% of total diluted share/ voting capital of TC(*)
As of March 31st of the year 2021, holding of :
a) Shares
Tata Sons Private Limited	8,81,31,780	26.64	26.64
Ewart Investments Limited	19,25,950	0.58	0.58
Tata Investment Corporation Limited	99,60,000	3.01	3.01
The Tata Power Company Limited	2,33,420	0.07	0.07
Tata AIA Life Insurance Company Limited	12,50,500	0.38	0.38
b) Voting Rights (otherwise than by shares)	-
c) Warrants	-
d) Convertible Securities	-
e) Any other instrument that would entitle the holder to receive shares in the TC	-
Total	10,15,01,650	30.68	30.68

SONS PRIVATE LIMITED

Part - B**

Name of the Target Company: Voltas Limited

Name(s) of the person and Persons Acting in	Whether the person belongs to PAN of the Promoter/Promoter person and
Concert (PAC) with the person	Group PACs
Tata Sons Private Limited	Yes AAACT4060A
Ewart Investments Limited	Yes AAACE2546C
Tata Investment Corporation Limited	Yes AAACT4120F
The Tata Power Company Limited	Yes AAACT0054A
Tata AIA Life Insurance Company Limited	# (Refer to Note in Part A) AABCT3784C

TATA SONS PRIVATE LIMITED

SUPRAKASH MUKHOPADHYA

Y

Digitally signed by SUPRAKASH MUKHOPADHYAY Date: 2021.04.09 18:17:48 +05'30'

Suprakash Mukhopadhyay Company Secretary

Place: Mumbai Date: 09.04.2021

Note:

1. In case of promoter(s) making disclosure under regulation 30(2), no additional disclosure under regulation 30(1) is required.

(*) 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.

SONS PRIVATE LIMITED