Websol Energy System Limited — Major Shareholding Notification 2021

Mar 18, 2021

Classification : Confidential

	Annexure- 2 Format for disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011	Annexure- 2 Format for disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011	Annexure- 2 Format for disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011	Annexure- 2 Format for disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011	Annexure- 2 Format for disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011	Annexure- 2 Format for disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
			Shares and Takeovers) Regulations, 2011
Name of the Target Company (TC)				WEBSOL ENERGY SYSTEM LIMITED (WEBEL-SL ENERGY SYSTEMS)
Name(s) of the acquirer and Persons Acting in Concert (PAC) with the acquirer				INDIA MAX INVESTMENT FUND LIMITED
Whether the acquirer belongs to Promoter/Promoter group				No
Name(s) of the Stock Exchange(s) where the shares of TC are Listed				BSE Limited (BSE) and National Stock Exchange of India Ltd ( NSE)
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/~~sale 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 equity 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) e) Total (a+b+c+d)				17,42,272	5.5944	4.958
Details of~~acquisition/~~sale: a) Shares carrying voting rights~~acquired/~~sold b) VRs~~acquired/~~sold otherwise than by equity 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				2,00,000	0.6422	0.5691

Classification : Confidential

	category)~~acquired/~~sold d) Shares encumbered/ invoked/ released by the acquirer e) Total (a+b+c+/-d)
	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)	15,42,272	4.9522	4.3889
	Mode of~~acquisition~~/ sale (e.g. open market / off market / public issue / rights issue / preferential allotment / inter-se transfer/encumbrance, etc.)	FCCB CONVERSION
	Date of~~acquisition~~/ sale of shares /~~VR or date of receipt of~~ ~~intimation ofallotment of whichever is applicable~~	16/03/2021
	Equity share capital / total voting capital of the TC before the said~~acquisition~~/ sale	INR 31,14,32,680
	Equity share capital/ total voting capital of the TC after the said~~acquisition~~/ sale	INR 31,14,32,680
	Total diluted share/voting capital of the TC after the said ~~acquisition~~/ sale	INR 35,14,05,500

(*) 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 Authorised Signatory

Place: Mauritius Date: 18/03/2021