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Voltas Ltd. Major Shareholding Notification 2024

Feb 9, 2024

60718_rns_2024-02-09_ab71c181-2a68-49c2-ab5a-703f40a03411.pdf

Major Shareholding Notification

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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)

10,569,911
NIL
NIL
NIL
10,569,911
3.194%
N/A
N/A
N/A
3.194%
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)
244,759
NIL
NIL
NIL
244,759
0.074%
N/A
N/A
N/A
0.074%
After the acquisition/sale, holding of:
a) Shares carrying voting rights
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)
10,325,152
NIL
NIL
NIL
10,325,152
3.120%
N/A
N/A
N/A
3.120%
Mode of acquisition / sale (e.g. open market / off-market / public
issue / rights issue / preferential allotment / inter-se transfer etc).
Open Market Sale
Date of acquisition / sale of shares / VR or date of receipt of
intimation of allotment of shares, whichever is applicable
06 February 2024
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
330,884,740 shares
Total diluted share/voting capital of the TC after the said
acquisition
N/A

(*) 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: 08 February 2024

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