Voltas Ltd. — Major Shareholding Notification 2023

Dec 18, 2023

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

Name of the Target Company (TC)	Voltas Limited	Voltas Limited	Voltas Limited
Name(s) of the acquirer and Persons Acting in Concert (PAC) with the acquirer	T. Rowe Price Associates, Inc. T. Rowe Price International Ltd
Whether the acquirer belongs to Promoter/Promoter group	No
Name(s) of the Stock Exchange(s) where the shares of TC are Listed	Bombay Stock Exchange Ltd. National Stock Exchange of India 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 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 T C (specify holding in each category) e) Total (a+b+c+d)	15,311,655 NIL NIL NIL 15,311,655	4.627% N/A N/A N/A 4.627%
Details of acquisition/sale a) Shares carrying voting rights acquired/sold b) VRs acquired /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)	382,665 NIL NIL NIL 382,665	0.116% N/A N/A N/A 0.116%

After the acquisition/sale, holding of:
a) Shares carrying voting rights b) Shares encumbered with the acquirer	14,928,990 NIL	4.512% N/A
c) VRs otherwise than by shares	NIL	N/A
d) Warrants/convertible securities/any other instrument	NIL	N/A
that entitles the acquirer to receive shares carrying
voting rights in the TC (specify holding in each
category) after acquisition	14,928,990	4.512%
e) Total (a+b+c+d)
Mode of acquisition / sale (e.g. open market / off-market / public	Open Market Sale
issue / rights issue / preferential allotment / inter-se transfer etc).

13 December 2023 Date of acquisition / sale of shares / VR or date of receipt of intimation of allotment of shares, whichever is applicable 330,884,740 shares Equity share capital / total voting capital of the TC before the said acquisition / sale 330,884,740 shares Equity share capital/ total voting capital of the TC after the said acquisition / sale N/A Total diluted share/voting capital of the TC after the said acquisition

(*) 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

Place: Baltimore, Maryland, USA

Date: 14 Deember 2023

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_____ Ellen York, Vice President T. Rowe Price Associates, Inc.

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