February 21, 2023

To
The Manager,
Department of Corporate Services,
BSE Limited
P.J. Towers, Dalal Street,
Port, Mumbai – 400001

Scrip Code: 534748

Dear Sir/Ma’am,

Sub: Disclosure under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations,
2011

In furtherance to the earlier disclosure dated November 16, 2022 and in reference to email
dated 20th February, 2023 received from BSE Limited, please find enclosed revised disclosures
in terms of Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares and
Takeovers) Regulations, 2011 after aforesaid changes.

This is for your information and records.

Kindly acknowledge receipt.

Thanking You,
For Steel Exchange India Limited
RAVEEND Digitally signed
by RAVEENDRA
RA BABU BABU MANNEM
Date: 2023.02.21
MANNEM 19:14:44 +05'30'
Raveendra Babu M
Company Secretary & Compliance Officer
M.No: A34409
Format for disclosure by the Promoter(s) to the stock exchanges and to the Target Company for encumbrance of shares / invocation of encumbrance/ release
of encumbrance, in terms of Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
Name of the Target Company (TC) Steel Exchange India Limited
Names of the Stock Exchanges where the shares of the BSE Limited
target company are listed NSE
Date of reporting 21.02.2023
Name of the promoter or PAC on whose share’s Umashiv Garments Private Limited
encumbrance has been created/released/invoked
Details of the creation/invocation/release of encumbrance:
Name of Promoter holding in Promoter holding Details of events pertaining to encumbrance (3) Post event holding
the the target company already encumbered of encumbered
promoter (1) (2) shares {creation
(s) or [(2)+(3)] / release
PACs with [(2)-(3)] /
him(*) invocation [(2)-
(3)]]
No. of % of No. of % of Type of Date of Type of Reasons No. of % of Name of No. of % of
shares total shares total event creation/ encumbran for shares total the entity shares total
share share (creatio invocation ce (pledge/ encumbra share in whose share
capit capital n release of lien/ non nce** capit favour capit
al /release encumbra disposal al shares al
/invocat nce undertaking encumber
ion) / ed ***
others)

Umashiv 207891150 23.60 207891150 23.60 Release 14.11.202 Release Part 4,00,00,00 4.54 Vistra 167891150 19.06
Garments 2 of Principal 0 ITCL
Private Pledge payment INDIA LTD
Limited to NCDs (Debentur
holders e
Trustee)
on behalf
of Lender
as given
table
below****
TOTAL 207891150 23.60 207891150 23.60 Release 14.11.202 4,00,00,00 4.54 167891150 19.06
2 0

RAVEENDR Digitally signed by

RAVEENDRA BABU
A BABU MANNEM
Date: 2023.02.21
MANNEM 19:15:35 +05'30'
 For Steel Exchange India Limited
RAVEENDRA Digitally signed by
RAVEENDRA BABU
BABU MANNEM
Date: 2023.02.21
MANNEM
Place: Hyderabad 19:15:20 +05'30'

Date: 21.02.2023 Raveendra Babu M

Company Secretary
M.No A34409

*The Names of the all the promoters, their shareholding in the target company and their pledge shareholding as on the reporting date should appear in the table irrespective of
whether they are reporting on the date of event or not
** for Example, for the purpose of collateral for loans taken by the Company, personal borrowings, third party pledge, etc.
***This would include name of both the lender and the trustee who may hold shares directly or on behalf of the lender

****List of Lender are given below:

S. No Names
1. EISAF II
Onshore Fund
2. EW India Special Assets Fund
II Pte Ltd
3 Edelweiss Alternative Asset
Advisors Ltd

4. EWON Pte
Ltd

5. EFL Special Pte Ltd