SOLAR INDUSTRIES INDIA LIMITED

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1 SOLAR INDUSTRIES INDIA LIMITED REGO.OFFICE : 11, ZADE LAYOUT, BHARAT NAGAR, NAGPUR , (M.S.) INOIA. PHONES: , , FAX : CIN : L74999MH1995PLC e mai! solar@solargroup.com website : Date: National Stock Exchange of India Limited Mumbai: Trading Symbol: "SOLARINDS EQ" Bombay Stock Exchange Limited Mumbai: Scrip Code: Sub: Disclosure for intimation received from Mr. Kailashchandra Nandlal Nuwal for acquisition of equity shares of the Company. Dear Sir, We have received intimation from Mr. Kailashchandra Nandlal Nuwal (Vice Chairman & Executive Director of the Company) pursuant to regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015 and Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011 regarding acquisition of 31,43,868 number of equity shares comprising % of the paid up share capital of the Company. After the said acquisition the total shareholding of the Mr. Kailashchandra Nandlal Nuwal is 2,08,82, 963 shares comprising % of the paid up share capital of the Company. In this regard we are submitting herewith the disclosure received from Mr. Kailashchandra Nandlal Nuwal pursuant to regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015 and Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeover) Regulations, This is for your information and record. Kindly acknowledge the receipt of the same. Thanking you. Yours Truly, (Khu hboo Pasari) Com any Secretary ft Compliance Officer

2 Date:- 08/01/2019 National Stock Exchange of India Limited Mumbai: Trading Symbol: "SOLARINDS EQ" 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 Regulation 10 (6) SEBI (Substantial Acquisition of Share and Takeover) Regulations, 2011, I,,, of Solar Industries India Limited (The Company) resident at, Bhilwara , 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, ~/ CC: - Mrs. Khushboo Pasari Company Secretary and Compliance Officer Solar Industries India Limited 11, Zade Layout, Bharat Nagar Nagpur

3 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 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 , 8243 & Equity including rationale, if any, Shares from Kailashchandra N Nuwal HUF, Nandlalji for the transfer/ acquisition Bodulalji Nuwal HUF & Shri Satyanarayan Nandlal Nuwal of shares. respectively to Shri, promoter 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, making open offer 6. Whether disclosure of proposed The disclosure of proposed acquisition was required acquisition was required to be made to be made under regulation 10(5 ). under regulation 10 (5) and if so, - Whether it was made within Yes, declaration under Regulation 10 (5) was made the timeline specified under the regulation. - Date of filing with the Stock exchange within the stipulated time specified under the SEBI (SAST) Regulation Details of acquisition Disclosures required to be Whether the disclosures made under regulation under Regulation 10(5) 10 (5) are actually made a. Name of the Transferor i. Kailashchandra N Nuwal Yes HUF ii. Nandlalji Bodulalji Nuwal HUF & iii. Shri Satyanarayan Nandlal Nuwal

4 .' b. Date of Proposed acquisition OS C. Number of shares/voting i. 25,05,625 Equity Shares rights in respect of the ii. 8,243 Equity Shares acquisition from each iii. 6,30,000 Equity Shares person mentioned in 7 (a) Total 31,43,868 Equity Shares above d. Total shares proposed to be i. 25,05,625 Equity Shares ( %) acquired/ actually acquired ii. 8,243 Equity Shares (0.0091%) as a % of diluted Share iii. 6,30,000 Equity Shares (0.6962%) Capital TC Total 31,43,868 Equity Shares (3.4743%) 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. total No of shares % w.r.t. shares share capital held total held of TC share capital of TC a. Each / Transferee Kailashchandra Nandlalji 1, 77,39, % 2,08,82, % Nuwal b. Each Seller / Transferor i. Kailashchandra N Nuwal HUF I 25,05, % - - I LJ Date: - 08/01/2019 Place: - Nagpur ii. Nandlalji Bodulalji Nuwal HUF 8.: iii. Shri Satyanarayan Nandlal Nuwal 21,06, % 20,98, % 2,03,43, % 1,97,13, % {tr,--

5 Date: - 08/01/2019 National Stock Exchange of India Limited Mumbai: Trading Symbol: "SOLARINDS EQ" Bombay Stock Exchange Limited Mumbai: Scrip Code: Mrs. Khushboo Pasari Company Secretary & Compliance Officer Solar Industries India Limited 11, Zade Layout, Bharat Nagar, Nagpur Sub: Disclosure under Regulation 29 (1) & 29 (2) of SEBI (Substantial Acquisition of Share and Takeover) Regulation, Dear Sir/Madam, With reference to the aforementioned subject, please find enclosed herewith the disclosure as per Regulation 29 (1) & 29 (2) of SEBI (Substantial Acquisition of Share and Takeover) Regulation, I,,, of Solar Industries India Limited (The Company) resident at, Bhilwara , 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, Kailashchand1~ji Nuwal Encl: Disclosure

6 Format for disclosures under Regulation 29(1) & 29 (2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, Name of the Target Company (TC) Solar Industries India Limited BSE Scrip Code: NSE Trading Symbol: "SOLARINDS EQ" Name(s) of the acquirer and Persons Shri - Acting in Concert (PAC) with the PAC: as per Annexure "A" acquirer Whether the acquirer belongs to Yes / group Name(s) of the Stock Exchange(s) 1. BSE Limited where the shares of TC are Listed 2. National Stock Exchange of India Limited Details of the acquisition as follows Number % w.r.t. total % w.r.t. total diluted #Before the acquisition of shares by inter-se transfer of shares i.e Inter se transfer amongst s through an off Market Transaction: share/voting capital share/voting capital wherever applicable(*) of the TC (**) a)shares carrying voting rights 1, 77,39, % % 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) 1, 77,39, % %

7 Details of acquisition a)shares carrying voting rights 25,05, % % acquired+--sgw Equity Shares 8, % % Equity Shares 6,30, % % Equity Shares J b) VRs acquired +--5GW otherwise than by equity shares c)warrants/ convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the I TC (specify holding in each I category ) acquired 1-seW d) Shares in the nature of encumbrance(pledge /lien/ non- disposal undertaking/ others) e)total (a+b+c+d) 31,43, % % #After the acquisition holding of acquirer along with PAcs of: a)shares carrying voting rights 2,08,82, % % b)vrs 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 category) after acquisition. d) Shares in the nature of encumbrance (pledge/lien/non-disposal undertaking/ others) I e)total (a+b+c+d) 2,08,82, % %

8 Mode of acquisition / sale (e.g. open INTER SE TRANSFER AMONGST PROMOTERS THROUGH AN OFF market / off-market I public issue / MARKET TRANSACTION. rights issue / preferential allotment / inter-se transfer etc). Salient features of the securities acquired including time till redemption, ratio at which it can be converted into equity shares, etc. Date of acquisition of /date of receipt of intimation of allotment of N.A shares/ VR/ warrants/ convertible securities/ any other instrument that entitles the acquirer to receive shares in the TC. Equity share capital / total voting Equity Shares of Rs. 2/- each capital of the TC before the said acquisition / sale Equity share capital/ total voting Equity Shares of Rs. 2/- each capital of the TC after the said acquisition / sale Total diluted share/voting capital of Equity Shares of Rs. 2/- each the TC after the said acquisition Date:- 08/01/2019 Place: - Nagpur

9 Part-B Name of the Target Company: Solar Industries India Limited Name(s) of the acquirer and Whether the acquirer belongs to PAN of the acquirer and/ or PACs Persons Acting in Concert (PAC) / group with the acquirer Yes AAUPN0201E ~~/ Date:- 08/01/2019 Place: - Nagpur

10 Annexure A Name(s) of the acquirer and Whether the acquirer belongs to PAN of the acquirer and/ or PACs Persons Acting in Concert (PAC) / group with the acquirer Satyanarayan Nandlalji Nuwal AAUPN0199B Yes AAUPN0201E Indira Kailashchandra Nuwal AAUPN0200F Manish Satyanarayan Nuwal AAZPN3399J Kailashchandra Nuwal HUF AABHK2285C Nandlalji Bodulalji Nuwal HUF AAAHN7299C Seema Manish Nuwal ACIPN9828P Rahul Kailashchandra Nuwal AEQPN4162A ~~/ Date:- 08/01/2019 Place: - Nagpur

11 Date: National Stock Exchange of India Limited Mumbai: Trading Symbol: "SOLA~lNDS EQ" Bombay Stock Exchange Limited Mumbai: Scrip Code: Mrs. Khushboo Pasari Company Secretary Ii Compliance Officer Solar Industries India Limited 11, Zade Layout, Bharat Nagar, Nagpur Sub: Disclosure under Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, Dear Sir/Madam, With reference to the aforementioned subject, please find enclosed herewith the disclosure under Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, I,,, of Solar Industries India Limited (The Company) resident at, Bhilwara , 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, 1::V Encl: Disclosure

12 I (.., "FORM C" Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 [Regulations 7(2) read with Regulation 6 (2) - Continual Disclosure] Name of the Company: Solar Industries India Limited CIN of the Company: L74999MH1995PLC ISIN of the Company: INE343H0102<.? Details of change in holding of Securities of, Employee or Director of a listed company and other such persons as mentioned in Regulation 6(2). Securities acquired I disposed Date of Mode of Name, PAN, CINI Category of Securities held prior Securities held post Date of allotment DIN Et address with persons to acquisition I acquisition I disposal advice I acquisition of Intimation acquisition/ contact nos. (s Disposal shares I sale of shares to the disposal (on I KMP I specify Company market/ public/ rights! Directors I preferential immediate relatives to offer/ off Type of No. and% Type of No. Value Transaction Type of No. and% of From To markets/ Inter I others Security of share Security Type (Buy/ Security shareholding se transfer I etc.) holding Sell/ ESOPs etc) pledge etc) Kailashchandra Equity 1,77,39,095 Equity 25,05,625 NiL-G-,"~ Buy Equity 2,,08,82,963 DS ' lnter-se transfer Nandlalji Nuwal Shares Shares % (2.7690%) Shares of shares lnter-se % amongst the DIN: ,243 transfer of promoters (0.0091%) shares amongst through an off PAN:AAUPN0201E the promoters market 6,30,000 through an off transaction. (0.6962%) market I C- 14 Sec Shashtri transaction in Nagar, Bhilwara - terms of the oral partition of family and in terms of the family settlement agreement. Note: - 'Securities' shall have the meaning as defined under regulation 2(1) (i) of SEBI (Prohibition of Insider Trading) Regulation, I

13 Details of trading in derivatives of the Company by, Employee or Director of a Listed Company and other such persons as mentioned in Regulation 6(2) Trading in derivatives (Specify type of Contract, Futures or Options etc.) Type of Contract Contract Specifications Buy Sell Exchange on which trade was executed Notional Value Number of Units Notional Value Number of Units (Contracts * lot size) ( Contracts * lot size) I Kailashchan!~alji Nuwal Date: 08 / ci1.12..oj-9 Place: Nagpur

SOLAR INDUSTRIES INDIA LIMITED

Date:-01.01.2019 SOLAR INDUSTRIES INDIA LIMITED REGO.OFFICE : 11, ZADE LAYOUT, BHARAT NAGAR, NAGPUR 440 033, (M.S.} INDIA. PHONES: +91-712-2561000, 2560010, 6681888 FAX : +91-712-2560202 CIN : L74999MH1995PLC085878