Date: September 22, 2022

Place: Hyderabad

The Manager,

The Manager,

National Stock Exchange of India Ltd,

BSE Limited

Exchange Plaza,

Phiroze Jeejeebhoy Towers, Dalal Street,

Plot No. C-1,G-Block,Bandra-Kurla

Mumbai - 400 001

Complex

(PENIND | 513228 | INE932A01024)

[Scrip Symbol: PENIND]

Dear Sir/Madam,

Sub: Intimation for closure of the Buyback under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2018 ("SEBI Listing Regulations")

This is further to (i) our letter dated March 9, 2022 informing the outcome of the meeting of the Board of the Directors of the company approving the Buyback, and (ii) our letter dated March 11, 2022 regarding submission of the Public Announcement dated March 11, 2022 for the Buyback.

In furtherance to the above, please be informed that the Buyback committee meeting was held today and approved the closure of Buyback of shares, further the committee noted that the closure of Buyback was in compliance with the Securities and Exchange Board of India (Buy- Back of Securities) Regulations, 2018.

The Meeting of the Buyback Committee commenced at 7:30 P.M. and concluded at 7:45 P.M.

The details of the pre and post Buyback shareholding pattern of the Company is enclosed herewith as Annexure - I.

This is for your information and records.

For Pennar Industries Limited

Mirza Mohammed Ali Baig

Digitally signed by Mirza Mohammed Ali Baig Date: 2022.09.22 19:49:59 +05'30'

Mirza Mohammed Ali Baig

Company Secretary & Compliance Officer

ACS 29058

Annexure-I

Pre Buy-back(1)

Post Buy-back(2)

% to the

% to post

Category of Shareholder

Number of

existing

Number of

Buy-back

Equity

Equity

Shares

Shares

Share

Share

capital

capital

Promoters and promoter group

5,35,86,278

37.69

5,36,06,278

39.72

Foreign Investors (Including Non-

24,45,895

1.72

8,13,39,953

60.28

Resident Indians, FIIs, FPIs, Foreign

Mutual Funds, Foreign Nationals)

Financial Institutions/Banks,

Mutual

2,758

0.00

Funds

promoted

by

Banks/

Institutions

Others

(Public, Bodies Corporate,

8,61,27,300

60.59

etc.)

Non Promoter Non Public

0

0

Total

14,21,62,231

100

13,49,46,231

100

  1. As on March 9, 2022.
  2. Pending extinguishment: 8,86,000 Equity Shares. The post Buyback Equity Share Capital is provided assuming extinguishment of all Equity Shares bought back by the Company.

Note: 20,000 equity shares in Promoter and Promoter group category was increased due to merging of demat accounts of one of the promoter group member whose demat account was not consolidated with his existing demat accounts on account of KYC non updation. The same was intimated to Stock Exchanges in shareholding pattern for the quarter ended 31.03.2022.

For Pennar Industries Limited

Mirza

Mohammed

Ali Baig

Digitally signed by Mirza Mohammed Ali Baig Date: 2022.09.22 19:50:21 +05'30'

Mirza Mohammed Ali Baig

Company Secretary & Compliance Officer

ACS 29058

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Pennar Industries Ltd. published this content on 22 September 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 September 2022 14:39:05 UTC.