SOLAR INDUSTRIES INDIA LIMITED

Transcription

1 SOLAR INDUSTRIES INDIA LIMITED REGO.OFFICE : 11, ZADE LAYOUT, BHARAT NAGAR. NAGPUR , (M.S.) INDIA. PHONES: , FAX : CIN : L74999MH1995PLC solar@solargroup.com website : Date: To 1 The Executive Director Listing Department National Stock Exchange of India Limited Mumbai: Trading Symbol: "SOLARINDS EQ" To; The Executive Director Listing Department BSE Limited Mumbai: Scrip Code: Sub: Disclosure of lnter-se Transfer of Shares between the Promoters/ Promoters group in accordance with Regulation 10 (5) of SEBI (SAST) Regulation, Dear Sir, Pursuant to the Regulation 30 read with Schedule Ill of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Regulation 3 of SEBI (Prohibition of Insider Trading) Regulation 2015, we would like to inform your that the Company has received en information from the following. persons that they are in process of inter se transfer of shares amongst themselves through an off market transaction in terms oral partition of f amity and in terms of the f amity settlement agreement. The details of the same are as under: Date of Transaction Name of the person Name of the No of Shares % of holding on or after (belongs to Transfree / Donee proposed to be promoter group ) transferred Transferor I Donor) Smt. Sohandevi Shri Manish 46,49, % Nandlal Nuwal Satyanarayan Smt. Leeladevi Nuwal 50,75, % Satyanarayan Nuwal Total 97,25, %

2 ... SOLAR INDUSTRIES INDIA LIMITED REGO.OFFICE : 11, ZADE LAYOUT, BHARAT NAGAR. NAGPUR , (M.S.) INDIA. PHONES: , FAX : CIN : L74999MH1995PLC e-mai! : solar@solargroup.com website : This being an Inter se transfer of shares amongst Promoter Group, the same falls within the exemption [ under Regulation 10 (l)(a)(i) and 10 (l)(a)(ii) provided under SEBI (SAST) Regulation, 2011}. This is in terms of oral partition of family and in terms of the family settlement agreement and hence there will be no Consideration. The Aggregate holding of the Promoter and Promoter Group before and after the above inter se transaction remains the same (details individually enclosed). In this connection necessary disclosure under Regulation 10 (5) for the above said acquisition in prescribed format, as submitted by the Acquirer is enclosed herewith for your kind information and records. Yours Truly, a Industries India Limited Compliance Officer

3 Manish Satyanarayan Nuwal Plot No. 37, Kachipura, Ramdaspeth Nagpur Date: To, The Executive Director Listing Department National Stock Exchange of India Limited Mumbai: Trading Symbol: "SOLARINDS EQ" To, The Executive Director Listing Department Bombay Stock Exchange Limited Mumbai: Scrip Code: To, Mrs. Khushboo Pasari Company Secretary ft Compliance Officer Solar Industries India Limited 11, Zade Layout, Bharat Nagar, Nagpur Sub: Inter-Se Transfer of Shares amongst the Promoters through an off Market transaction. Ref: Disclosure pursuant to Regulation 10 (5) of SEBI (Substantial Acquisition of shares and Takeover) Regulation Dear Sir, In compliance with the provisions of Regulation 10 (1) (a) (i) read with regulation 10 (5) of SEBI (Substantial Acquisition of shares and Takeover) Regulation 2011, I, Manish Satyanarayan Nuwal, Promoter, Managing Director and CEO of Solar Industries India Limited (The Company) resident at Plot No. 37, Kachipura Ramdaspeth Nagpur , hereby submit the disclosure with regard to proposed acquisition of Equity Shares of Solar Industries India Limited by me as inter-se transfer of shares, as per oral partition of family and in terms of the family settlement agreement, through an off market transaction, duly signed by me, for your information and record. Yours Truly, I Manish Satyanarayan Nuwal Acquirer Promoter

4 Manish Satyanarayan Nuwal Plot No. 37, Kachipura, Ramdaspeth Nagpur Format for Disclosures under Regulation 10(5) - Intimation to Stock Exchanges in respect of acquisition under Regulation 10(1 )(a) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, No. Particulars Details 1. Name of the Target Company (TC) Solar Industries India Limited BSE Scrip Code: NSE Trading Symbol: "SOLARINDS EQ" 2. Name of the acquirer(s) Manish Satyanarayan Nuwal 3. Whether the acquirer(s) is/ are Yes, Manish Satyanarayan Nuwal is one of the promoters of the TC prior to the Promoter of Target Company. transaction. If not, nature of relationship or association with the TC or its promoters 4. Details of the proposed acquisition a. Name of the person(s) from whom i. Smt. Sohandevi Nandlal Nuwal shares are to be acquired ii. Smt. Leeladevi Satyanarayan Nuwal b. Proposed date of acquisition On or after 19th December, 2018 C. Number of shares to be acquired i. 46,49,690 Equity Shares from each person mentioned in 4(a) above ii. 50,75,940 Equity Shares Total 97,25,630 Equity Shares d. Total shares to be acquired i % as % of Share capital of TC ii % e. Price at which shares are NIL proposed to be acquired Total % f. Rationale, if any, for the tnter-se transfer of shares amongst promoters of proposed transfer the Company, as per oral partition of family and in terms of the family settlement agreement. 5. Relevant sub-clause of regulation Regulation 10 (1 )(a) (i) and 10(1 )(a)(ii) of SEBI 10(1 )(a) under which the acquirer is (SAST) Regulation, 2011 exempted from making open offer 6. If, frequently traded, volume Not Applicable weighted average market price for a period of 60 trading days preceding the date of.issuance of this notice as traded on the stock exchange where the maximum volume of trading in the shares of the TC are recorded during such period.

5 I I 7. If in-frequently traded, the price as Not Applicable determined in terms of clause (e} of sub-regulation (2) of regulation Declaration by the acquirer, that the Not Applicable acquisition price would not be higher by more than 25% of the price computed in point 6 or point 7 as applicable. Manish Satyanarayan Nuwal Plot No. 37, Kachipura, Ramdaspeth Nagpur Declaration by the acquirer, that Yes, the transferor and transferee have complied / the transferor and transferee have wil] comply with applicable disclosure requirement complied / will comply with applicable in Chapter V of the Takeover Regulation, disclosure requirements in Chapter V of the Takeover Regulation, 2011 ( corresponding provision of the repealed Takeover Regutation 1997) 10. Declaration by the acquirer that all the I hereby declare that all the conditions specified conditions specified u rder regulation under regulation 10 ( 1 ) (a) with respect to 'i 0(1 )(a) with respect to exemptions has exemption has been complied with. I been duly complied with. ~ Shareholding details Before the proposed 1 After the proposed..._:..,. I a. I Acquirerts) and (pther than PACs ' setiersjr').. _ Shri Manish Satyanaravan Nuwal b. Seller" (s)/ Gift by transaction transaction -- No. of % w.r.t No. of % w.r.t Shares I total Shares I total Voting Share Voting rights Share rights Capital Capital of TC of TC 44,64, % I --- i. Smt. Sohandevi Nandlal 46,49, % Nuwal I I 1,41,89,931, ii. Smt. l.eeladevi Satyanarayan Nuwal 50,75, % - - I 1 I % I Total 11,41,89, % 1,4l,89,931 1s.6812% I I ' ' Manis Satyanarayan Nuwal Acqui er Prom ter Date: - B f:s Place - Magpur

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

26

27

28

29

30

31 Manish Satyanarayan Nuwal Plot No. 37, Kachipura, Ramdaspeth Date: To, Securities and Exchange Board of India Plot No. C4-A, "G" Block, Bandra Kurla Complex Bandra East, Mumbai (Maharashtra) Nagpur Sub: Report under Regulation 10(7) of SEBI (Substantial Acquisition of Share and Takeover) Regulation, Dear Sir, In compliance with the provisions of Regulation 10(7) of SEBI (Substantial Acquisition of Share and Takeover) Regulation, 2011 under exemption Regulation 10(1 )(a)(ii) of SEBI (Substantial Acquisition of Share and Takeover) Regulation, I, Manish Satyanarayan Nuwal, Promoter, of Solar Industries India Limited (The Company) resident at Plot No. 37, Kachipura Ramdaspeth Nagpur , hereby submit the disclosure with regard to acquisition of equity shares of Solar Industries India Limited by me as inter-se transfer of shares, as per oral partition of family and in terms of the family settlement agreement, through an off market transaction, duly signed by me, for your information and record. Application Fees of Rs Lacs is enclosed vide Demand draft No dated in favour of Securities and Exchange Board of India, payable at Mumbai Kindly acknowledge the receipts Thanking You, Yours Truly, Manish Satyanarayan Nuwal Acquirer Promoter Encl: Disclosure CC: 1. Solar Industries India Limited, 11, Zade Layout, Bharat Nagar, Nagpur BSE Limited, Floor no.25, PJ Towers, Dalal Street, Mumbai National Stock Exchange of India Limited, Exchange Plaza, Bandra Kurla Complex, Bandra (E), Mumbai

32 Manish Satyanarayan Nuwal Plot No. 37, Kachipura, Ramdaspeth Nagpur Format under Regulation 10(7) - Report to SE.Bl in respect of any acquisition made in reliance upon exemption provided for in regulation 10(1 )(a)(ii) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, General Details a. Name, address, telephone no., Shri Manish Satyanarayan Nuwal of acquirer(s) {In case there are 37, Kachipura, Ramdaspeth, Nagpur multiple acquirers, provide full contact details of any one acquirer (the manish@solargrouq.com correspondent acquirer) with whom SEBI shall correspond.} b. Whether sender is the acquirer (Y/N) Yes C. If not, whether the sender is duly Not Applicable authorized by the acquirer to act on his behalf in this regard (enclose copy of such authorization) d. Name, address, Tel no. and of Not Applicable sender, if sender is not the acquirer 2 Compliance of Regulation 10(7) a. Date of report b. Whether report has been submitted to Yes SEBI within 21 working days from the date of the acquisition C. Whether the report is accompanied Yes, The applicable fees of Rs. 1,50,000/- vide with fees as required under Regulation Demand Draft No dated in 10(7) favour of Securities and Exchange Board of India, payable at Mumbai. 3 Compliance of Regulation 10(5 ) a. Whether the report has been filed with Yes, the intimation was sent 4 days before the the Stock Exchanges where the shares date of acquisition i.e under of the Company are listed atleast 4 regulation 10(5). Copy of the same is attached as working days before the date of the an Annexure 'A' proposed acquisition. b. Date of Report

33 Manish Satyanarayan Nuwal Plot No. 37, Kachipura, Ramdaspeth Nagpur I 4 Compliance of Regulation 10(6) a. Whether the report has been filed with Yes, report has been filed on with the the Stock Exchanges where the shares Stock Exchange i.e. within 4 days after the date of of the Company are listed within 4 acquisition. Copy of the same is attached as working days of the acquisition. Annexure 'B' b. Date of Report Details of the Target Company a. Name 8: address of TC Solar Industries India Limited 11, Zade Layout, Bharat Nagar, Nagpur b. Name of the Stock Exchange(s) where BSE Limited the shares of the TC are listed National Stock Exchange of India Limited 6 Details of the acquisition a. Date of acquisition b. Acquisition price per share (in Rs.) Nil. lnter-se transfer of shares, as per oral partition of family and in terms of the family settlement agreement, through an off market transaction. C. Regulation which would have been Regulation 3 and 4 triggered off, had the report not been filed under Regulation 10(7). (whether Regulation 3(1 ), 3(2), 4 or 5) d. Shareholding of acquirer(s) and PAC Before the acquisition After the acquisition individually in TC (in terms of no. & as No. of % w.r.t No. of % w.r.t a percentage of the total share/voting Shares total share Shares total share capital of the TC)(*) capital of capital of TC(*) TC Name(s) of the acquirer(s) (**) MANISH SATYANARAYAN NUWAL % % Person Acting in Concert (PAC) SATYANARAYAN NANDLALJI NUWAL % % KAILASHCHANDRA NANDLALJI NUWAL % % INDIRA KAILASHCHANDRA NUWAL % % LEELADEVI SATYANARAYAN NUWAL % - - SOHANDEVI NANDLAL NUWAL % - - KAILASHCHANDRA NUWAL HUF % % SATYANARAYAN N NUWAL HUF % % NANDLALJI BODULALJI NUWAL HUF % %

34 Manish Satyanarayan Nuwal Plot No. 37, Kachipura, Ramdaspeth Nagpur SEEMA MANISH NUWAL % % I RAHUL KAILASHCHANDRA NUWAL % Sub Total % % Total % % e. Shareholding of seller/s in TC (in Before the acquisition After the acquisition terms of no. 8: as a percentage of the No. of % w.r.t No. of % w.r.t total share/voting capital of the TC) Shares total share Shares total share capital of capital of TC TC Name(s) of the seller(s) (**) I 1. SMT. SOHANDEVI NANDLAL % - - NUWAL 2. SMT. LEELADEVI SATYANARAYAN NUWAL % Information specific to the exemption category to which the instant acquisition belongs - I Regulation 10(1 )(a)(ii) a. Provide the names of the seller(s) 1. SMT. SOHANDEVI NANDLAL NUWAL 2. SM~ LEELADEVI SATYANARAYAN NUWAL b. Specify the relationship between the acquirer(s) Members of Promoter and promoter and the seller(s). group I c. Shareholding of the acquirer and the seller/s in Year - 1 Year -2 Year-3 the TC during the three years prior to the proposed acquisition Acquirer(s) (*) I SHRI MANISH SATYANARAYAN NUWAL # # Sellers(s )(*) 1. SMT. SOHANDEVI NANDLAL NUWAL # # I 2. SMT. LEELADEVI SATYANARAYAN NUWAL

35 Manish Satyanarayan Nuwal Plot No. 37, Kachipura, Ramdaspeth Nagpur d. Confirm that the acquirer(s) and the seller/shave Yes, Shareholding Pattern of Solar been named promoters in the shareholding Industries India Limited is attached as pattern filed by the target company in terms of an Annexure 'C'. the Listing Regulation or the Takeover Regulations. Provide copies of such filings under the listing agreement or the Takeover Regulations. e. If shares of the TC are frequently traded, Not Applicable volume-weighted average market price (VWAP) of such shares for a period of sixty trading days preceding the date of issuance of notice regarding the proposed acquisition to the stock exchanges where the TC is listed. f. If shares of the TC are infrequently traded, the The shares are being transferred as per price of such shares as determined in terms of oral partition of family and in terms of clause (e) of sub-regulation (2) of regulation 8. the family settlement agreement, through an off market transaction. g. Confirm whether the acquisition price per share is Not Applicable. not higher by more than twenty-five percent of The shares are being transferred as per the price as calculated in (e) or (f) above as oral partition of family and in terms of applicable the family settlement agreement, through an off market transaction. h. Date of issuance of notice regarding the proposed acquisition to the stock exchanges where the TC is listed i. Whether the acquirers as well as sellers have Yes, complied with the provisions of Chapter V of the Copies of the disclosure under Takeover Regulations (corresponding provisions of Regulation 30(2) of SEBI (Substantial the repealed Takeover Regulations 1997) (Y/N). If Acquisition of Shares and Takeovers) yes, specify applicable regulation/s as well as Regulations 2011 filed with Stock date on which the requisite disclosures were made Exchange is attached herewith as an along with the copies of the same Annexure 'D'.

36 Manish Satyanarayan Nuwal Plot No. 37, Kachipura, Ramdaspeth Nagpur j. Declaration by the acquirer that all the conditions I Manish Nuwal hereby confirmed that, specified under regulation 10(1) (a)(ii) with all the conditions specified under respect to exemptions has been duly complied regulation 10 (1) (a) (ii) with respect to with. exemption has been duly complied with. # With effect from July, 15, 2016, face value of Company's Equity Shares has been subdivided from Rs. 10 per equity shares to Rs. 2 per equity shares. We hereby declare that the information provided in the instant report is true and nothing has been concealed there from. Manish Satyanarayan Nuwal Acquirer Date: Place:- Nagpur CC: Solar Industries India Limited, 11, Zade Layout, Bharat Nagar, Nagpur BSE Limited, Floor no.25, PJ Towers, Dalal Street, Mumbai National Stock Exchange of India Limited, Exchange Plaza, Bandra Kurla Complex, Bandra (E), Mumbai NOTE: (*) In case, percentage of shareholding to the total capital is different from percentage of voting rights, indicate percentage of shareholding and voting rights separately. (**) Shareholding of each entity shall be shown separately as well as collectively.

37 Manish Satyanarayan Nuwal Plot No. 37, Kachipura, Ramdaspeth Nagpur Date: To, The Executive Director Listing Department National Stock Exchange of India Limited Mumbai: Trading Symbol: "SOLARINDS EQ" To, The Executive Director Listing Department Bombay Stock Exchange Limited Mumbai : Scrip Code: To, Mrs. Khushboo Pasari Company Secretary & Compliance Officer Solar Industries India Limited 11, Zade Layout, Bharat Nagar, Nagpur Sub: Inter-Se Transfer of Shares amongst the Promoters through an off Market transaction. Ref: Disclosure pursuant to Regulation 10 (5) of SEBI (Substantial Acquisition of shares and Takeover) Regulation Dear Sir, In compliance with the provisions of Regulation 10 (1) (a) (i) read with regulation 10 (5) of SEBI (Substantial Acquisition of shares and Takeover) Regulation 2011, I, Manish Satyanarayan Nuwal, Promoter, Managing Director and CEO of Solar Industries India Limited (The Company) resident at Plot No. 37, Kachipura Ramdaspeth Nagpur , hereby submit the disclosure with regard to proposed acquisition of Equity Shares of Solar Industries India Limited by me as inter-se transfer of shares, as per oral partition of family and in terms of the family settlement agreement, through an off market transaction, duly signed by me, for your information and record. Yours Truly, Manish Satyanarayan Nuwal Acquirer Promoter

38 Manish Satyanarayan Nuwal Plot No. 37, Kachipura, Ramdaspeth Nagpur Format for Disclosures under Regulation 10(5) - Intimation to Stock Exchanges in respect of acquisition under Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, No. Particulars Details 1. Name of the Target Company (TC) Solar Industries India Limited BSE Scrip Code: NSE Trading Symbol: "SOLARINDS EQ" 2. Name of the acquirer{s) Manish Satyanarayan Nuwal 3. Whether the acquirer(s) is/ are Yes, Manish Satyanarayan Nuwal is one of the promoters of the TC prior to the Promoter of Target Company. transaction. If not, nature of relationship or association with the TC or its promoters 4. Details of the proposed acquisition a. Name of the person(s) from whom i. Smt. Sohandevi Nandlal Nuwal shares are to be acquired ii. Smt. Leeladevi Satyanarayan Nuwal b. Proposed date of acquisition On or after 19th December, 2018 C. Number of shares to be acquired i. 46,49,690 Equity Shares from each person mentioned in 4(a) above ii. 50, 75,940 Equity Shares Total 97,25,630 Equity Shares d. Total shares to be acquired i % as % of Share capital of TC ii % e. Price at which shares are NIL proposed to be acquired Total % f. Rationale, if any, for the lnter-se transfer of shares amongst promoters of proposed transfer the Company, as per oral partition of family and in terms of the family settlement agreement. 5. Relevant sub-clause of regulation Regulation 10 (1 )(a) (i) and 10(1 )(a)(ii) of SEBI 10(1 )(a) under which the acquirer is (SAST) Regulation, 2011 exempted from making open offer 6. If, frequently traded, volume Not Applicable weighted average market price for a period of 60 trading days preceding the date of.issuance of this notice as traded on the stock exchange where the maximum volume of trading in the shares of the TC are recorded during such period.

39 Manish Satyanarayan Nuwal Plot No. 37, Kachipura, Ramdaspeth Nagpur determined in terms of clause (e) of lf_i_n--f-re_q_u_e_n-tl_y_t_r-ad_e_d_,_th_e_p_n_ c_e-as--+--n-ot_ M- Ap_p_l_ic_a_b-le sub-regulation (2) of regulation 8. 8 Declaration by the acquirer, that the I Not Applicable acquisition price would not be higher by more than 25% of the price computed in point 6 or point 7 as applicable. > < 9. Declaration by the acquirer, that Yes, the transferor and transferee have complied / the transferor and transferee have will comply with applicabte disclosure requirement complied / will comply with applicable in Chapter V of the Takeover- Regulation, disclosure requirements in Chapter V of the Takeover Regulation, 2011 ( corresponding provision of the repealed Takeover RegLlation 1997) f i Declaration by the acquirer that all the I hereby declare that all the conditions specified conditions specified ti rder regulation under regulation 10 (1) (a) with respect to 'i 0(1 )(a) with respect to exemptions has exemption has been complied with. I been duly complied with. r-:--ishareholdinj de~ Before the proposed I After -,h~-proposeci I transaction I transaction -c-j I Acquirerts) and (pther than PACs selierslt")... Shri Manish Satyanarayan ~luwal b. Seller" (s)/ Gift by i. Smt. Sohandevi Nandlal I Nuwal No. of % w.r.t l No. of % w.r.t J Shares / total Shares / total Voting Share Voting rights Share rights Capital Capital of TC of TC 44,64,301 -r % I I 1,41,89,931 I 1 I! % I 46,49, %.- ii. Smt. l.eeladevi Satyanarayan II Muwal 50,75, % ~ ---t i Total I 1,.. Vi,89, % 1,4 1,89, % j ~...L _J_ L.J._...L...c.,, ~_ \ ' Manish Satyanarayan Nuwal Acquirer Promoter Date: - n. i2.201~ Place: - Magpur

40 Manish Satyanarayan Nuwal Plot No. 37, Kachipura, Ramdaspeth Nagpur Date:- 20/12/2018 To, The Executive Director Listing Department National Stock Exchange of India Limited Mumbai : Trading Symbol: "SOLARINDS EQ" To, The Executive Director Listing Department Bombay Stock Exchange Limited Mumbai : Scrip Code: Sub: Disclosure under Regulation 10 (6) of SEBI (Substantial Acquisition of Share and Takeover) Regulation, Dear Sir, In terms of disclosure under Regul"ation 10 (6) SEBI (Substantial Acquisition of Share and Takeover) Regulations, 2011, I, Manish Satyanarayan Nuwal, Promoter, of Solar Industries India Limited (The Company) resident at Plot No. 37, Kachipura Ramdaspeth, Nagpur , hereby submit the disclosure with regard to acquisition of equity shares of Solar Industries India Limited by me as inter-se transfer of shares, as per oral partition of family and in terms of the family settlement agreement, through an off market transaction, duly signed by me, for your information and record. Yours Truly, Manish Satyanarayan Nuwal Acquirer Promoter CC: - Mrs. Khushboo Pasari Company Secretary and Compliance Officer Solar Industries India Limited 11, Zade Layout, Bharat Nagar Nagpur

41 Manish Satyanarayan Nuwal Plot No. 37, Kachipura, Ramdaspeth Nagpur Format for Disclosures under Regulation 10(6) -Report to Stock Exchanges in respect of any acquisition made in reliance upon exemption provided for in Regulation 10 of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, Name of the Target Company Solar Industries India Limited (TC) BSE Scrip Code: NSE Trading Symbol: "SOLARINDS EQ" 2. Name of the acquirer(s) Shri Manish Satyanarayan Nuwal 3. Name of the Stock Exchange BSE Limited where shares of the TC are Listed National Stock Exchange of India Limited 4. Details of the transaction lnter-se transfer of 46,49,690 and 50, 75,940 equity shares including rationale, if any, from Smt. Sohandevi Nandlal Nuwal and for the transfer/ acquisition Smt. Leeladevi Satyanarayan Nuwal respectively to of shares. Shri Manish Satyanarayan Nuwal, promoters of the Company, as per oral partition of family and in terms of the family settlement agreement. 5. Relevant regulation under which Regulation 10 (1 )(a) (i) and 10(1 )(a)(ii) of SEBI (SAST) the acquirer is exempted from Regulation, 2011 making open offer 6. Whether disclosure of proposed The disclosure of proposed acquisition was required to acquisition was required to be be made under regulation 10(5) made under regulation 10 (5) and if so, - whether it was made within Yes, declaration under Regulation 10 (5) was made within the timeline specified under the stipulated time specified under the SEBI (SAST) the regulation. Regulation - Date of filing with the Stock exchange 13/12/ Details of acquisition Disclosures required to be Whether the disclosures made under regulation 10 under Regulation 10(5) (5) are actually made a. Name of the Transferor i. Smt. Sohandevi Yes ii. Nandlal Nuwal Smt. Leeladevi Satyanarayan Nuwal ' '

42 Manish Satyanarayan Nuwal Plot No. 37, Kachipura, Ramdaspeth Nagpur b. Date of Proposed acquisition 19/12/2018 C. Number of shares/voting i. 46,49,690 Equity Shares rights in respect of the ii. 50, 75,940 Equity Shares acquisition from each person mentioned in 7 (a) above d. Total shares proposed to i. 46,49,690 Equity Shares (5.1383%) be acquired/ actually ii. 50,75,940 Equity Shares (5.6094%) acquired as a% of diluted Share Capital TC e. Price at which shares are Nil proposed to be acquired / actually acquired 8. Shareholding Details Pre- transaction Post-transaction No of % w.r.t. No of % w.r.t. shares total shares total held share held share capital of TC capital of TC a. Each Acquirer / 44,64, % 1,41,89, % Transferee b. Each Seller / Transferor i. Smt. Sohandevi Nandlal Nuwal ii. Smt. Leeladevi Satyanarayan Nuwal 46,49, % ,75, % - - Date:-20/12/2018 Place: - Nagpur Manish Satyanarayan Nuwal Acquirer Promoter

43 Annexure 'C' SOLAR INDUSTRIES INDIA LIMITED REGO.OFFICE : 11, ZADE LAYOUT. BHARAT NAGAR, NAGPUR , (M.S.) INDIA. PHONES: , , FAX : CIN : L74999MH1995PLC solar@solargroup.com website : 11th October, 2018 To, The Executive Director Listing Department National Stock Exchange of India Limited Mumbai. Trading Symbol: "SOLARINDS EQ" To, The Executive Director Listing Department BSE Limited Mumbai: Scrip Code: Sub: Submission of Shareholding Pattern for the Quarter and Half Year ended on September 30, 2018 Ref: Regulation 31 (1) (b) of SEBI (Listing Obligations and Disclosure Requirement) Regulations, Dear Sir, With reference to above, Please find attached Share holding Pattern of Solar Industries India Limited as per Regulation 31 (1) (b) of SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015 for the Quarter and Half Year ended on September 30,2018. Please take the above intimation on records and kindly acknowledge the receipt. Thanking you. boo Pasari Comp ny Secretary& Compliance Officer

44 Shareholding Pattern under Regulation 31 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, Name of Listed Entity: Solar Industries India Limited 2. Scrip Code/Name of Scrip/Class of Security: Share Holding Pattern Filed under: Reg. 31(1)(a)/Reg. 31{l)(b)/Reg.31{l)(c) a. I If under 3l(l)(b) then indicate the report for Quarter ending: b. I it under 31(1)(c) then indicate date of allotment/extinguishment 4. Declaration: The Listed entity is required to submit the following declaration to the extent of submission of information:- Particulars Yes* No* 1 Whether the Listed Entity has issued any partly paid up shares? No 2 Whether the Listed Entity has issued any Convertible Securities or Warrants? No 3 Whether the Listed Entity has any shares against which depository receipts are issued? No 4 Whether the Listed Entity has any shares in locked-in? No 5 Whether any shares held by promoters are pledge or otherwise encumbered? No * If the Listed Entity selects the option 'No' for the questions above, the columns for the partly paid up shares, Outstanding Convertible Securities/Warrants, depository receipts, locked-in shares, No of shares pledged or otherwise encumbered by promoters, as applicable, shall not be displayed at the time of dissemination on the Stock Exchange website. Also wherever there is 'No' declared by Listed Entity in above table the values will be considered as 'Zero' by default on.. -- '.. ) - ' -~.. -. ~.;:;,.. ' r.:.~.. ~-"fo

45 Solar Industries India limited Table I - Summary Statement holding of specified securities.. o. o, 1->11are110, 1 Numoer or snares Shareholdi Shares ding,asa pledged or No. of ngas a% Number of Voting Rights held in each class of Underlyi % Number of Locked otherwise No. of shares of total no. securities ng assuming in shares encumbered Number No. of Partly underlyi of shares Outstand full of equity fully paid paid-up ng (calculated ing conversio As a% of Asa%of shares No of Voting Rights Nos. of up equity equity Deposito Total nos. as per Total as a convertib n of total total held in share hold shares shares ry shares SCRR, Class eg: %of le convertib Shares Shares demateria Category Category of shareholder ers held held Receipts held 1957) Class eg: X y Total (A+B+C) securities le No. (a) held(b) No. (a) held(b) lised form (I) (II) (Ill) (IV) (V) (VI) (VII)= (Vlll)Asa (IX) (X) (XI)= (XII) (XIII) (XIV) (A) Promoter & Promoter Group (BJ Public NA NA (CJ Non Promoter - Non Public NA NA (Cl) Shares Underlying DRs NA NA 0 (C2) Shares Held By Employee Trust NA NA 0 Total /

46 Solar Industries India Limited Table II - Statement showing shareholding pattern of the Pro moter and Promoter Group INO. 01 1:,nareno1 1 rvurnner 01 snares Shareholdi Shares ding, as pledged or No. of ng% Number of Voting Rights held in each class Underlyi a% Number of Locked otherwise Number shares calculated of securities ng assuming in shares encumbered of equity No. of fully Partly underlyin as per Outstand full shares paid up paid-up g SCRR, ing conversio Asa %of As a %of held in Nos. of equity equity Deposito Total nos As a No of Voting Rights Total as a convertib n of total total demateri sharehol shares shares ry shares %of Class eg: %of le convertib Shares Shares alised Category & Name of the shareholders PAN ders held held Receipts held (A+B+C2) Class eg: X y Total (A+B+C) securities le No. (a) held{b) No. (a) held(b) form (I) {II) (Ill) {IV) -(VJ (VI) (VII)= (VIII) Asa {IX) (X) (XI)= (XII) (XIII) (XIV) 1 Indian (a) Individuals/ Hindu Undivided Family Satyanarayan Nandlalji Nuwal AAUPN0199B Kailashchandra Nandlalji Nuwal AAUPN0201E Indira Kailashchandra Nuwal AAUPN0200F Leeladevi Satyanarayan Nuwal AAUPN0203G Sohandevi Nandlal Nuwal AAYPN5004F Manish Satyanarayan Nuwal AA2PN3399J Kailashchandra Nuwal AABHK2285C Satyanarayan N Nuwal AACHS6439R Satyanarayan N Nuwal AAAHN7299C Seema Manish Nuwal ACIPN9828P Rahul Kailashchandra Nuwal AEQPN4162A (b) Central Government/ State Government(s) (c) Financial Institutions/ Banks {d) Any Other {Specify) Sub Total {A){l) Foreign Individuals (Non-Resident Individuals/ Foreign (a) Individuals) (b) Government (c) Institutions {d) Foreign Portfolio Investor (e) Any Other (Specify) Sub Total (A){2) Total Shareholding Of Promoter And Promoter Group (A)= {A){l)+(A){2) (o ~ Details of Shares which remain unclaimed may be given here along with details such as number of shareholders, outstanding shares held in demat/unclaimed suspense account, voting rights which are frozen etc. Note: {1) PAN would not be displayed on website of Stock Exchange(s) (2) The term 'Encumbrance' has the same meaning as assigned under regulation 28{3) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, ~ b~l,,1es 1,, ~ ~- '5' '<fl) I~ -~ i l

47 Solar Industries India Limited Table Ill - Statement showing shareholding pattern of the Public shareholder Category & Name of the shareholders PAN Nos. of No. of fully Partly paid No.of Total nos. Shareholding Number of Voting Rights held in each class of securities No. of Shares Shareholding, Number of Locked in Number of Shares Number of sharehol paid up equity up equity shares shares held % calculated Underlying as a% shares pledged or otherwise equity shares ders shares held shares underlying as per SCRR, Outstanding assuming full encumbered held in held Depository 1957 As a% convertible conversion of dematerialis Receipts of (A+B+C2) No of Voting Rights Total as a % of securities convertible No. (a) As a% of total No. (a) As a% of ed form (A+B+C) (including securities ( as a Shares total Shares Class eg: X Class eg: y Total Warrants) percentage of held(b) held(b) diluted share capital) (I) (II) (Ill) (IV) (V) (VI) (VII)= (Vlll)As a% (IX) (X) (XI)= (Vll)+(X) (IV)+(V)+ (VI) of (A+B+c2) Asa %of (XII) (XIII) (XIV) 1 Institutions (a) Mutual Fund NA NA Hdfc Trustee Company Ltd. A/C Hdfc Balanced Advantage Fund AAATH1809A NA NA Sbi Equity Hybrid Fund AABTS6407Q NA NA Kotak Standard Multicap Fund AAATK4475F NA NA Dsp Blackrock Midcap Fund AAAJD NA NA (b) Venture Capital Funds NA NA 0 (c) Alternate Investment Funds NA NA 0 (d) Foreign Venture Capital Investors NA NA 0 (e) Foreign Portfolio Investor NA NA (f) Financial Institutions/ Banks NA NA 6083 (g) Insurance Companies NA NA Icici Prudential Life Insurance Company Limited AAACl7351P NA NA (h) Provident Funds/ Pension Funds NA NA 0 (i) Any Other (Specify) NA NA 0 Sub Total (B)(l) NA NA Central Government/ State 2 Government(s)/ President of India Sub Total (8)(2) NA NA 0 3 Non-Institutions (a) Individuals NA NA i. Individual shareholders holding nominal share capital up to Rs. 2 lakhs NA NA ii. Individual shareholders holding nominal share capital in excess of Rs. 2 lakhs NA NA (b) NBFCs registered with RBI NA NA (cl Employee Trusts NA NA 0 Overseas Depositories(holding DRs) (d) (balancing figure) NA NA 0 (e) Any Other (Specify) _( NA NA,,::;::= i=::::::-,.i IEPF ( NA NAll'.\~\8 5 /1) "~07S Trusts I ( NA f\111{~~/ ~~2l<O Hindu Undivided Family \ NA fa.v /,m;i " \1'3'67 Non Resident Indians (Non Repat) \ NA ~~~ ~ t, ~ I \ ~... 0 &'-' t5'i. ~ * -

48 Non Resident Indians (Repat) NA NA Clearing Member NA NA Bodies Corporate NA NA Sub Total (B)(3) NA NA Total Public Shareholding (B)= (B)(l)+(B)(2)+(B)(3) NA NA Details of the shareholders acting as persons in Concert including their Shareholding (No. and %):Nil 'No. of shareholders I No. of Shares I Details of Shares which remain unclaimed may be given here along with details such as number of shareholders, outstanding shares held in demat/unclaimed suspense account, voting rights which are frozen etc. Note: (1) PAN would not be displayed on website of Stock Exchange(s). (2) The above format needs to disclose name of all holders holding more than 1% of total number of shares (3) W.r.t. the information pertaining to Depository Receipts, the same may be disclosed in the respective columns to the extent information available and the balance to be disclosed as held by custodia

49 Solar Industries lndla Limited Table IV - Statement showing shareholding pattern of the Non Promoter- Non Public shareholder,-,u JIIGlit; - NUmoer o.,, ares Sharehol Shares ding, as pledged or No.of ding% Number of Voting Rights held in each Underly! a% Number of Locked otherwise Number No.of shares calculate class of securities ng assumin in shares encumbered of equity fully paid Partly underlyi d as per Outstan gfull shares up paid-up ng Total SCRR, ding conversi Asa%of Asa%of held in Nos. of equity equity Deposito nos As No of Voting Rights Total as converti onof total total dematerl sharehol shares shares ry shares a%of Class eg: Class eg: a %of ble converti Shares Shares alised Category & Name of the shareholders PAN ders held held Receipts held (A+B+C2) X y Total (A+B+C) securitie ble No.(a) held(b) No.(a) held(b) form (I) (II) (Ill) (IV) (V) (VI) (VII)= (Vlll)As (IX) (X) (XI)= (XII) (XIII} (XIV) 1 Custodian/DR Holder NA NA 0 Employee Benefit Trust (under SEBI (Share based 2 Employee Benefit) Regulations, 2014) NA NA 0 Total Non-Promoter- Non Public Shareholding (C)= (C)(l)+(C)(2) NA NA 0 Note: (1) PAN would not be displayed on website of Stock Exchange(s). (2) The above format needs to disclose name of all holders holding more than 1% of total number of shares (3) W.r.t. the information pertaining to Depository Receipts, the same may be disclosed in the respective columns to the extent Information available and the balance to be disclosed as held by custodian.

50 Annexure 'D' 2nd April, 2018 To, The Executive Director Listing Department BSE Limited Mumbai Scrip Code : To, The Executive Director Listing Department National Stock Exchange of India Limited Mumbai. Trading Symbol: "SOLARINDS EQ" Sub : Continual Disclosure for the financial year ended on 31st March 2018 Ref : Disclosure under Regulation 30(2) of SEBI {Substantial Acquisition of Shares and Takeovers) Regulations 2011 in respect of Solar Industries India Limited. Dear Sir, With reference to the above, please find enclosed herewith the Disclosures under Regulation 30 (2) SEBI (Substantial Acquisition of Shares & Takeovers) Regulations 2011 for the Financial Year ended on 31st March This is for your information and record, Thanking you, Yours truly, For and Behalf of Promoter and Promoter Group (Manish N uwal) Promoter

51 ANNE XURE-1 Format for Disclosures under Regulation 30 (1) and 30 (2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 Part-A- Details of Shareholding 1. Name of the Target Company (TC) Solar Industries India Limited 2. Name(s) of the Stock Exchange(s) where the shares of BSE Limited and TC are Listed National Stock Exchange ofindia Limited 3. Particulars of the shareholder(s): a.name of person(s) together with Persons Acting in Concert (PAC) whose total holding (including that in the form of shares, warrants, convertible securities and any other instrument that would entitle the holder to receive shares in the TC) is more that 25% of the voting rights of the TC. N.A. Or b. Name(s) of promoter(s), member of the promoter group and PAC with him. As per attached Annexure - I 4. Particulars of the shareholding of person(s) mentioned Number of % w.r.t. total at (3) above shares share/voting capital wherever applicable As of March 31st of the year, holding of: % w.r.t. total diluted share/voting capital of the TC(*) a) Shares 6,61,91, % b) Voting Rights ( otherwise than by shares) c) Warrants, d) Convertible Securities e) Any other instrument that would entitle the holder to receive shares in the TC. N.A. N.A. N.A. N.A. Total 6,61,91, %

52 Part-B Name of the Target Company: Solar Industries India Limited Sr. Name(s) of the person and Persons Whether the person PAN of the person No. Acting in Concert (PAC) with the belongs to Promoter/ and PACs person Promoter group 1 Satyanarayan Nandlal Nuwal Promoter AAUPN0199B 2 Kailashchandra Nandlal Nuwal Promoter AAUPN020IE 3 Indira Kailashchandra Nuwal Promoter AAUPN0200F 4 Leeladevi Satyanarayan Nuwal Promoter AAUPN0203G 5 Sohandevi Nandlal Nuwal Promoter AAYPN5004F 6 Manish Satyanarayan Nuwal Promoter AAZPN3399J 7 Kailashchandra Nuwal HUF Promoter group AABHK2285C 8 Satyanarayan Nuwal HUF Promoter group AACHS6439R 9 Nandlalji Bodulalji Nuwal HUF Promoter group AAAHN 7299C 10 Seema Manish Nuwal Promoter group ACIPN9828P 11 Rahul Kailashchandra Nuwal Promoter group AEQPN4162A For and Behalf of Promoter and Promoter Group (Manish N uwal) Promoter Place Nagpur Date 02/04/2018 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.

53 ! Annexure-1 Name of person(s) together with Persons Acting in Concert (PAC) whose total holding (including that in the form of shares, warrants, convertible securities and any other instrument that would entitle the holder to receive shares in the TC) is more that 25% of the voting rights of the TC Sr.No. Nameofpersons/PAC Shares Percentage 1 Satyanarayan Nandlal Nuwal % 2 Kailashchandra Nandlal Nuwal % 3 Indira Kailashchandra Nuwal % 4 Leeladevi Satyanarayan Nuwal % 5 Sohandevi Nandlal Nuwal % 6 Manish Satyanarayan Nuwal % 7 Kailashchandra Nuwal HUF % 8 Satyanarayan Nuwal HUF % 9 Nandlalji Bodulalji Nuwal HUF % 10 Seema Manish Nuwal % 11 Rahul Kailashchandra Nuwal % Total 6,61,91, %