Disclosures

Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011

| Updated on November 15, 2017 Published on January 13, 2012

Lt Col H S Bedi has submitted the disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 to BSE

Name of the Target Company (TC) : Tulip Telecom Ltd
Name of the Promoter(s) on whose shares encumbrance was created/ invoked/ released : Lt Col H S Bedi
Date of reporting : January 09, 2012
Names of the stock exchanges where the shares of the target company are listed : NSE & BSE

Details of the promoters’ holding(The terms "event" indicates creation /invocation/ release of encumbrance, as the case may be)

1.Promoter (s) or PACs with him : Lt Col H S Bedi

Pre-event holding
Number : 3,12,11,250
% of total share capital : 21.53%

Details of events pertaining to encumbrance
Type - creation/ invocation/ release : Creation
Date (s) : December 30 , 2011

Post event holding (encumbered shares to be excluded)
Number : 3,04,61,250
% of total share capital : 21.01%

(*) Details of encumbrance (pledge/lien or others)
7,50,000 Equity Shares were encumbered in favour of ECL Finance Ltd

2.Promoter (s) or PACs with him : Lt Col H S Bedi

Pre-event holding
Number : 3,04,61,250
% of total share capital : 21.01%

Details of events pertaining to encumbrance
Type - creation/ invocation/ release : Creation
Date (s) : December 30 , 2011

Post event holding (encumbered shares to be excluded)
Number : 3,02,61,250
% of total share capital : 20.87%

(*) Details of encumbrance (pledge/lien or others)
2,00,000 Equity Shares were pledged in favour of Religare Finvest Ltd.

3.Promoter (s) or PACs with him : Lt Col H S Bedi

Pre-event holding
Number : 3,02,61,250
% of total share capital : 20.87%

Details of events pertaining to encumbrance
Type - creation/ invocation/ release : Creation
Date (s) : December 30, 2011

Post event holding (encumbered shares to be excluded)
Number : 2,99,61,250
% of total share capital : 20.66%

(*) Details of encumbrance (pledge/lien or others)
3,00,000 Equity Shares were pledged in favour of STCI Finance Ltd

Source : BSE - >www.bseindia.com

Published on January 13, 2012
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