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Ambuja Cements Ltd. Major Shareholding Notification 2023

Oct 25, 2023

59365_rns_2023-10-25_2d7e8d46-ee10-46e7-8bd3-07ed47e22bc4.pdf

Major Shareholding Notification

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Name of the Target company(TC)			Ambuja Cements Limited
Name of the stock Exchanges where the shares of the target Date of reporting Name of the Promoter or PAC on whose shares encumbrance HOLDERIND INVESTMENTS LTD			BSE Ltd. & National Stock Exchange of India Ltd. 25-10-2023
											Details of the creation of encumbrance:
										Name of Promoter(s) or PACs with him (*)	company (1)		Promoter holding in the target Promoter holding already encumbered (2)	Details of events pertaining to encumbrance (3)	Post event holding of encumbered shares $($ creation $[(2)+(3)$ / release [(2)-(3)] /
	No. of shares	% of total share No, of shares capital	% of total share capital	Type of event(creati on /release /invocation)	Date of creation /invocation/ release of encumbrance	Type of encumbrance (pledge /lien/non disposal undertaking/ot hors)	Reason for encumbrance	Number	% of total share capital	Name of the entity in whose favour shares. encumbered	No. of shares	% of total share capital
HOLDERIND INVESTMENT SLTD	1,253,156,361	63.150	0.00	Creation	20-10-2023	Others	Refer Notes below	1,253,156,361		63.15 Deutsche Bank AG, Hong Kong Branch acting as the security agent for the lenders.	1,253,156,361	63.15
	Note 1: No pledge has been created on the shares of Ambuja Cements Limited.

Note 3: The new facilties have been availed by Endeavour to enable repayment of existing facilities availed by Endeavour and Xcent Trade and Investment Ltd (also a promoter of ACL) and upon repayment of the said facilities

For HOLDERIND INVESTMENTS LTD

Authorised Signatory

Place: Mauritius Date: 25-10-23

Format for disclosure of reasons for encumbrance (In addition to Annexure - I prescribed by way of circular dated August 05, 2015)

Name of listed Company	Ambuja Cements Limited BSE Ltd. & National Stock Exchange of India Ltd. HOLDERIND INVESTMENTS LTD
Name of the recognised stock exchanges where the shares of the company are listed
Name of the promoter(s) / PACs whose shares have been encumbered
Total promoter shareholding in the listed	No. of shares -	1.253,156,361
company	% of total share capital -	63.15
Encumbered shares as a % of promoter shareholding		99.94
Whether encumbered share is 50% or more of promoter shareholding	YES
Whether encumbered share is 20% or more of total share capital	YES

Details of all the existing events/ agreements pertaining to encumbrance

		Encumbrance 1 (Date of creation of encumbrance:20th October, 2023)
covenant, transaction, condition or arrangement in the nature of encumbrance)	Type of encumbrance (piedge, lien, negative lien, non-disposal undertaking etc. or any other	Other covenant in the nature of encumbrance
No. and % of shares encumbered	No. of shares:	ÿ. 1,253,156,361
	% of total share capital:	63.15
Specific details about the encumbrance	Name of the entity in whose favour shares encumbered (X)	Deutsche Bank AG, Hong Kong Branch acting as the security agent for the lenders*.
	Whether the entity X is a scheouled commercial bank, public financial institution, NBFC or housing finance company? If No, provide the nature of the business of the entity.	NO. Security Agent
	Names of all other entities in the agreement	The facility agreement has been signed by Endeavour with Endeavour as the Borrower, the Mandated Lead Arrangers and Bookrunners and Underwriters listed below, the other Mandated Lead Arrangers and Bookrunners listed below (and as may accede from time to time), and Deutsche Bank AG, Hong Kong Branch as Agent and Security Agent.
		Details of Mandated Lead Arrangers and Bookrunners and Underwriters as on date: (a)DBS Bank Ltd. (b)MUFG Bank, Ltd. (c)First Abu Dhabi Bank PJSC (d)Mizuho Bank, Ltd.
		Details of Mandated Lead Arrangers and Bookrunners as on date (a)Sumitomo Mitsui Banking Corporation Singapore Branch (b)Barclays Bank PLC (c)Standard Chartered Bank (Singapore) Limited (d)Deutsche Bank AG, Singapore Branch (e)ING Bank N.V., Singapore Branch (f)BNP Paribas
	Whether the encumbrance is relating to any debt instruments viz. debenture, commercial paper, certificate of deposit etc.? If yes, provide details about the instrument, including credit rating	NO
Security Cover / Asset Cover	Value of shares on the date of event / agreement (A)	520,999,757,086
	Amount involved (against which shares have been encumbered) (B)	up to USD 3.5 billion
End use of money	Ratio of A / B Borrowed amount to be utilized for what purpose- (a) Personal use by promoters and PACs (b) For the benefit of listed company Provide details including amount, purpose of raising money by listed company, schedule for utilization of amount, repayment schedule etc. (a) Any other reason (please specify)	148.8570735 The new facilties have been availed by Endeavour to enable repayment of existing facilities availed by Endeavour and Xcent Trade and Investment Ltd (also a promoter of Ambuja Cements Limited) and upon repayment of the said facilities, the non- disposal hold marked on Ambuja Cements Limited's shares will be released.

Signature of Authorised Signatory: