VRL Logistics Limited — Major Shareholding Notification 2021

Apr 15, 2021

VRL LOGISTICS LTD

Corporate Office: Giriraj Annexe Circuit House Road HUBBALLI - 580 029 Karnataka State Phone: 0836 2237511 : 0836 2256612 Fax e-mail: headoffice@vrllogistics.com

To,

BSE Limited Phiroze Jeejeebhoy Towers Dalal Street Mumbai-400001

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

Dear Sir / Madam,

Sub: Promoters disclosures under Regulation 30(1), 30(2) and 31(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 2011

Ref: Company Code (BSE - 539118) (NSE - VRLLOG)

In accordance with Regulation 30(1), 30(2) and 31(1) of SEBI (Substantial Acquisition of shares and Takeovers) Regulations 2011, we enclose herewith the disclosure made by our promoters, Dr. Vijay Sankeshwar and Mr. Anand Sankeshwar.

You are requested to kindly take this on record.

Thanking you,

Yours faithfully

For VRL LOGISTICS LIMITED

hm

ANIRUDDHA PHADNAVIS COMPANY SECRETARY AND COMPLIANCE OFFICER

Date: 05.04.2021 Place: Hubballi

1. BSE Limited Phiroze Jeejeebhoy Towers Dalal Street Mumbai- 400001

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

3. VRL Logistics Limited RS No. 351/1, Varur, Post: Chabbi, Taluk Hubballi, District Dharwad Hubballi-581 207

Dear Sir / Madam,

Sub: Disclosure under Regulations 30(1) and 30(2) of SEBI (Substantial Acquisition and Takeover) Regulations 2011

Ref: Company Code (BSE - 539118) (NSE - VRLLOG)

In accordance with Sub Regulations (1) and (2) of Regulation 30 of SEBI (Substantial Acquisition and Takeover) Regulations 2011, we enclose herewith the promoters' annual disclosure in the prescribed format.

You are requested to kindly take this on record.

Thanking you,

Yours faithfully

N

Dr. Vijay Sankeshwar Promoter-Chairman and Managing Director

Date: 05.04.2021 Place: Hubballi

Anand Sankeshwar Promoter - Managing Director

Part A - Details of Shareholding

1. Name of the Target Company (TC)		VRL Logistics Limited
2. Name(s) of Stock Exchange(s) where the shares		1. BSE Limited
of TC are listed		2. National Stock Exchange of India Limited
3. Particulars of the Shareholder(s):a. Name of Person(s) together with Persons Actingin Concert (PAC) whose total holding (includingthat in the form of shares, warrants, convertiblesecurities and any other instrument that wouldentitle the holder to receive shares in the TC) ismore than 25% of the voting rights of the TC.orb. Name(s) of Promoter(s), member of promotergroup and PAC with him.		Promoters:1) Dr. Vijay Sankeshwar2) Mr. Anand SankeshwarPromoter Group / Persons Acting in Concert:1) Mrs. Lalita Sankeshwar2) Mrs. Vani Sankeshwar3) Mrs. Bharati Holkunde
4. Particulars of the Shareholding of Person(s)mentioned at (3) above		Number ofShares	% w.r.t total% of totalShare / votingdiluted share /capital wherevervoting capitalapplicableof $TC(*)$
	As of March 31st of the year 2021, holding of:a) Shares
	1. Dr. Vijay Sankeshwar	2,97,92,000	33.73	NA
	2. Mr. Anand Sankeshwar	3,12,65,250	35.39	NA
	3. Mrs. Lalita Sankeshwar	21,000	0.02	NA
	4. Mrs. Vani Sankeshwar	4,00,000	0.45	NA
	5. Mrs. Bharati Holkunde	1,750	0.00	NA
b)	Voting Rights (otherwise than by shares)	NA	NA	NA
c)	Warrants	NA	NA	NA
d)	Convertible Securities	NA	NA	NA
e)	Any other instrument that would entitlethe holder to receive shares in the TC	NA	NA	NA
Total		6,14,80,000	69.59	NA

Note: During February 2021, the Board of Directors of VRL Logistics Limited approved a Buyback of Equity shares from the open market through the Stock Exchanges platform. The said Buyback was completed by the Company in the month of March 2021. A total of 20,00,000 fully paid-up equity shares were bought back. Extinguishment of the said shares has also been completed and the paid up capital of the Company reduced from Rs.90,34,34,950/- (comprising of 9,03,43,495 equity shares with face value of Rs.10 each) to Rs.88,34,34,950/- (comprising of 8,83,43,495 equity shares with face value of Rs.10 each) pursuant to the same. Necessary filings with the Exchanges as also SEBI have been made in this regard.

We, the promoters, in compliance with the extant SEBI Regulations as applicable, did not participate in the said Buyback. Though the number of shares held by us continues to remain the same, as a result of the said Buyback, our shareholding percentage has undergone a marginal change vis-à-vis our earlier filings.

Part B**

Name of the Target Company: VRL Logistics Limited

Name(s) of the person and Persons Acting in Concert(PAC) with the person	Whetherthepersonbelongs toPromoter/Promotergroup	PAN of the person and PACs
Dr. Vijay Sankeshwar	Yes
Mr. Anand Sankeshwar	Yes
Mrs. Lalita Sankeshwar	Yes.
Mrs. Vani Sankeshwar	Yes
Mrs. Bharati Holkunde	Yes

$\overline{\nu}$

Dr. Vijay Sankeshwar Promoter - Chairman and Managing Director

Anand Sankeshwar Promoter - Managing Director

Place: Hubballi Date: 05.04.2021

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.

1. BSE Limited Phiroze Jeejeebhoy Towers Dalal Street Mumbai-400001

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

3. VRL Logistics Limited RS No. 351/1, Varur, Post: Chabbi, Taluk Hubballi, District Dharwad Hubballi-581 207

Dear Sir / Madam,

Sub: Disclosure under Regulation 31 of SEBI (Substantial Acquisition and Takeover) Regulations 2011

Ref: Company Code (BSE - 539118) (NSE - VRLLOG)

We, the Promoters of VRL Logistics Limited, confirm that none of the equity shares held by us in the Company are encumbered in any manner. We further confirm that the disclosures stipulated under Reg. 31 of the SEBI (Substantial Acquisition & Takeover) Regulations 2011 are not applicable to us.

You are requested to kindly take this on record.

Thanking you,

Yours faithfully

İ.

Dr. Vijay Sankeshwar Promoter - Chairman and Managing Director

Date: 05.04.2021 Place: Hubballi

Anand Sankeshwar Promoter - Managing Director