BSEInsider Trading / SAST1d ago · 19 Aug 2026, 05:03 pm
The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Deutsche Bank AG
Dhoot Transmission Ltd · 544867
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Deutsche Bank AG, Hong Kong Branch has made a disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, indicating an indirect encumbrance over 42.41% of Dhoot Transmission Limited's equity shares held by BC Asia Investments XV Limited and BC Asia Investments XVI Limited.
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Dhoot Transmission Ltd - 544867 - Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011
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Deutsche Bank
Deutsche Bank AG, Hong Kong Branch
Level 60
International Commerce Centre
1 Austin Road West
Kowloon, Hong Kong SAR
Date: 19 August 2026
(1) National Stock Exchange of India Limited
Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (East), Mumbai, 400051
(2) BSELimited
Pheroze Jeejeebhoy Towers, Dalal Street, Mumbai, Maharashtra, 400001
(3) Dhoot TransmissionLimited
Gut No. 312, Nanekarwadi, Chakan, Tq. Khed, District Pune -410501, Maharashtra, India
Sub: Disclosure under Regulation 29(1) read with Regulation 29(4) of the Securities and Exchange
Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (the Takeover
Code)in relation to Dhoot Transmission Limited.
Dear ,
This letter sets out the disclosure being made byDeutsche Bank Group (Deutsche Bank AG, Hong KongBranch,
as the agent (the Agent) and the security agent (the Security Agent)) (see description below) pursuant to
Regulation 29(1) read with Regulation 29(4) of the Takeover Codein relation to the indirect encumbrance over
the equity shares of Dhoot Transmission Limited (the Target Company) held by BC Asia Investments XV
Limited (the Borrower) and BC Asia Investments XVI Limited (the Guarantor). BC Asia Investments XXIII
Limited (the Parent) hold 100% of the total share capital of the Borrower and Guarantor.
The Target Company is an entity incorporated in India, whose shares were listed on the stock exchange on 17
August 2026.
The Borrower has availed a facility from inter aliaBNP Paribas, acting through its Singapore branch, DBS Bank
Ltdacting through its IFSC Banking Unit at International Financial Services Centre (IFSC), GIFT City, Nomura
Singapore Limited, Sumitomo Mitsui Banking Corporation Singapore Branch, The Hongkong and Shanghai
Banking Corporation Limited, GIFT City Branch, Bank SinoPac Co., Ltd., KGI Bank Co., Ltd., Siemens Bank
Chairman of the Supervisory Board: Alexander R. Wynaendts
Management Board: Christian Sewing (Chairman), Fabrizio Campelli, Raja Akram, Marcus Chromik, Marie-Jeanne Deverdun, Stefan Hoops,Alexander von zur Mühlen, Laura Padovani,Claudio de Sanctis,
Rebecca Short
Deutsche Bank Aktiengesellschaft domiciled in Local Court of Frankfurt am Main, HRB No 30 000; VAT ID No DE114103379; www.db.com
Frankfurt am Main ability is limited);
GmbH Singapore Branch, Taishin International Bank Co., Ltd, Crédit Agricole Corporate and Investment Bank,
Singapore Branch and CTBC Bank Co., Singapore Branch (the Lenders) under the terms of the facility
agreement dated 17 March 2025 as amended pursuant to an amendment and restatement agreement dated 10
March 2026 executed amongst others by the Borrower, the Agent and the Security Agent Facility
Agreement inter alia the Borrower,the Guarantor, the Lenders, the Agent and the
Security Agent. Pursuant to a deed of fixed and floating charge dated 17 March 2025 (as supplemented by a
deed of supplemental fixed and floating charge dated 10 March 2026), the Parent, being the holding company
of the Borrower, has created a limited recourse Mauritian security over a
the Security Agent for the benefit of the Lenders.Further, pursuant to a deed of fixed and floating charge dated
17 March 2025 (as supplemented by a deed of supplemental fixed and floating charge dated 10 March 2026),
the Parent, being the holding company of the Guarantor, has created a limited recourse Mauritian security over
all of the Guarantor .
Additionally, the Borrowerand the Guarantorhaveagreed to certain covenants under the Facility Agreement in
the nature of encumbrance in favor of the Agent andthe Security Agent (for the benefit of the Lenders).
The Borrower (together with its nominee, the Guarantor1) holds 87,632,093 equity shares comprising 42.41% of
the equity share capital of the Target Company on a fully diluted basis.
Please see enclosed the disclosure by the Agent and the Security Agent in the prescribed format under Regulation
29(1) read with Regulation 29(4) of the Takeover Code in relation to the above.
We request you to kindly take the above on record and acknowledge receipt.
Signature of Authorised Signatory
Name: RAMANATHAPURA, Prasanna Venkatesha Murthy Manu
Designation: Vice President
Place: Deutsche Bank AG, Hong Kong Branch
Date: 19 August 2026
1The Guarantor holds 83 Equity Shares on behalf of the Borrower in the capacity of its nominee.
Chairman of the Supervisory Board: Alexander R. Wynaendts
Management Board: Christian Sewing (Chairman), Fabrizio Campelli, Raja Akram, Marcus Chromik, Marie-Jeanne Deverdun, Stefan Hoops,Alexander von zur Mühlen, Laura Padovani,Claudio de Sanctis,
Rebecca Short
Deutsche Bank Aktiengesellschaft domiciled in Local Court of Frankfurt am Main, HRB No 30 000; VAT ID No DE114103379; www.db.com
Frankfurt am Main ;
Disclosures under Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers)
Regulations, 2011
Part-A- Details of the Acquisition
Name of the Target Company (TC) Dhoot Transmission Limited
Name(s) of the acquirer and Persons Acting in Deutsche Bank AG, Hong Kong Branch acting as the agent
Concert (PAC) with the acquirer and the security agent for the Lenders.
Whether the acquirer belongs to Promoter / No.
Promoter group
Name(s) of the Stock Exchange(s) where the BSE Limited and the National Stock Exchange of India
shares of TC are Listed Limited.
Details of the acquisition as follows: Number % w.r.t. total % w.r.t. total
share/voting diluted
capital wherever share/voting
applicable (*) capital of the TC
(**)
Before the acquisition under
consideration, holding of acquirer along
with PACs of:
a) Shares carrying voting rights NIL NIL NIL
b) Shares in the nature of encumbrance NIL NIL NIL
(pledge/ lien/ non-disposal undertaking/
others)
c) Voting rights (VR) otherwise than by NIL NIL NIL
shares
d) Warrants/convertible securities/any NIL NIL NIL
other instrument that entitles the
acquirer to receive shares carrying
voting rights in the TC (specify holding
in each category)
e) Total (a+b+c+d) NIL NIL NIL
Details of acquisition
a) Shares carrying voting rights acquired NIL NIL NIL
b) VRs acquired otherwise than by equity NIL NIL NIL
shares
c) Warrants/convertible securities/any NIL NIL NIL
other instrument that entitles the
acquirer to receive shares carrying
voting rights in the TC (specify holding
in each category) acquired
d) Shares in the nature of encumbrance 87,632,093 42.84% 42.41%
(pledge/ lien/ non-disposal undertaking/
others)
e) Total(a+b+c+/-d) 87,632,093 42.84% 42.41%
After the acquisition, holding of acquirer
along with PACs of:
a) Shares carrying voting rights NIL NIL NIL
b) VRs otherwise than by equity shares NIL NIL NIL
c) Warrants/convertible securities/any NIL NIL NIL
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 87,632,093 42.84% 42.41%
(pledge/ lien/ non-disposal undertaking/
others)
e) Total (a+b+c+d) 87,632,093 42.84% 42.41%
Mode ofacquisition (e.g. open market / public Creation of indirect encumbrance. Please refer to the NOTE
issue / rights issue / preferential allotment / below.
inter-se transfer / encumbrance, etc.)
Salient features of the securities acquired Not applicable.
including time till redemption, ratio at which it
can be converted into equity shares, etc.
Date of acquisition of / date of receipt of Date of creation of indirect encumbrance: 17 March 2025,
intimation of allotment of shares / VR/ however the shares of the Target Company were listed on 17
warrants/convertible securities/any other August 2026.
instrument that entitles the acquirer to receive
shares in the TC.
Equity share capital / total voting capital of the Not applicable.
TC before the said acquisition
Equity share capital/ total voting capital of the INR 409,096,114 comprising 204,548,057 equity shares of
TC after the said acquisition INR 2 each (as per the shareholding pattern of the TC as on
August 14, 2026)
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