Websol Energy System Limited — Major Shareholding Notification 2020

Jan 7, 2020

FORMAT FOR DISCLOSURES UNDER REGULATION 29(2) OF SEBI (SUBSTANTIAL ACQUISITION OF SHARES AND TAKEOVERS)

KEGULATIONS, 2011
1. Name of the Target Company (TC)	Websol Energy System Limited
Name(s) of the acquirer and Persons Acting in Concert (PAC) with the 2.		SKS Fincap Private Limited
acquirer
3. Whether the acquirer belongs to Promoter/Promoter group	NO
Name(s) of the Stock Exchange(s) where the shares of TC are Listed 4.		National Stock Exchange of India Limited and BSE Limited
5. Details of the acquisition / disposal/holding of shares/voting	Number	% w.r.t. total share/	% w.r.t. total diluted
rights/holding of the Acquirer and PAC		voting capital wherever applicable (*)	share/voting capital of the TC $(**)$
Before the acquisition under consideration, holding of:
Shares carrying voting rights a)	Nil	Nil	Nil
Shares in the nature of encumbrance (pledge/ lien/ non-disposal b)	40,00,000	13.78%	13.78%
undertaking/ others)
Voting rights (VR) otherwise than by equity shares C)	Nil	Nil	Nil
Warrants/convertible securities/any other instrument that entitles the d)	Nil	Nil	Nil
acquirer to receive shares carrying voting rights in the TC (specify holding in each
category)
Total $(a+b+c+d)$ e)	40,00,000	13.78%	13.78%
Details of acquisition/sale
Shares carrying voting rights acquired a)	Nil	Nil	Nil
VRs acquired otherwise than by equity shares b)	Nil	Nil	Nil
Warrants/convertible securities/any other instrument that entitles the C)	Nil	Nil	Nil
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.	40,00,000	13.78% 13.78%	13.78%
Total (a+b+c+/-d)	40,00,000		13.78%
After the acquisition/sale, holding of: Shares carrying voting rights
a) Shares encumbered with the acquirer $\mathbf{b}$	Nil Nil	Nil Nil	Nil Nil
VRs otherwise than by equity shares $\mathbf{C}$	Nil	Nil	Nil
Warrants/convertible securities/any other instrument that entitles the d)	Nil	Nil	Nil
acquirer to receive shares carrying voting rights in the TC (specify holding in each
category) after acquisition
Total (a+b+c+d) e)	0.00	$0.00\%$	$0.00\%$
Mode of acquisition/sale (e.g. open market / off-market / public issue / 6.		Off- Market (release of pledged shares)
rights issue / preferential allotment / inter-se transfer etc.)
Date of acquisition / sale of shares / VR or date of receipt of intimation of 7.	03.01.2020
allotment of shares, whichever is applicable
Equity share capital / total voting capital of the TC before the said 8.	Rs 29,02,70,670/ - (2,90,27,067 equity share of Rs 10/ - each)
acquisition/sale
9. Equity share capital/ total voting capital of the TC after the said	Rs 29,02,70,670/- (2,90,27,067 equity share of Rs 10/-each)
acquisition/sale
10. Total diluted share/voting capital of the TC after the said acquisition/sale		Rs 29,02,70,670/- (2,90,27,067 equity share of Rs 10/-each)

Note:

(*)Total share capital/voting capital to be taken as per the latest filing done by the company to the Stock Exchange under Clause 44(3) of the Listing Obligations and Disclosures Requirement

¹/2) 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

For SKS Fincap Private Limited eal Plaza ∈ $N-218$ Kolkata-20 Director Sarat Bose DIN: 00212146

Place: Kolkata Date: 07.01.2020