Mayuri KulkarniCompany Secretary& Compliance Officer

Subject: Submission of Disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares

and Takeovers) Regulations, 2011

Dear Sir/Madam,

The Company has received disclosure dated 1st January, 2020 under Regulation 29(1) of SEBI (Substantial

Acquisition of Shares and Takeovers) Regulations, 2011 from Mr. Yatin Subhash Shah, Promoter and

Chairman & Managing Director of the Company, in respect of purchase of equity shares from openmarket on 30th December, 2019.

Accordingly, we are enclosing herewith copy of the above disclosure.

You are kindly requested to take the same on record.

Thanking you.

Yours Faithfully,

For Precision Camshafts Limited

SCRIP CODE: PRECAM

Bandra (E) Mumbai 400051Exchange Plaza, Bandra - kurla Complex,The National Stock Exchange of India LimitedThe Listing Department,To

SCRIP CODE:539636

Dalai Street, Mumbai - 400001Phiroze Jeejeebhoy Towers,BSE LimitedThe Listing Department,To

2-P2-ODate: 2-

SEC/JAN/SE/N&B/2020

® www.pclindia.in

^ info@pclindia.in

0^ +91 217 2357645

^ +91 9168646531/32/33ana L24231PN1992PLCO67126

where Passionmeets Performance

PRECISION

Date: 1st January 2020

From,

Mr. Yatin Subhash Shah

51, Sarvodaya Housing Society,

Hotgi Road, So lapur -413 003

To,

The Compl iance Officer and Company Secretary

Prec ision Camshafts Limited

E -102/103, MIDC, Akka lkot Road, So lapur - 413006.

Subject: - Disclosure under Regulation 29(1) of SEBI {Substantial Acquisition of Shares and Takeovers) Regulations, 2011

Dear Company Secretary,

In accordance with the provisions of Regulation 29(1) of SEBI (Substantial Acquisition of Shares and

Takeovers) Regulations, 2011, I wish to inform you that, I have acquired 15,000 Equity Shares of

Precision Camshafts Limited ("PCL") on 30th December 2019 being 0.02% of the tota l paid-up equ ity

share capital of PC L.

Accordingly, I enclose herewith requisite disclosure duly signed.

Thanking You.

Yours Faithfu lly,

Yatin Subhash hah

Promoter and Chairman & Managing Director

Place: Solapur Date: pt January 2020

Format of Disclosure 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) Precision Camshafts Limited

Names(s) of the acquirer and Persons Acting Yatin Subhash Shah

in concert (PAC) with the acquirer PAC List enclosed in Annexure 1

Whether the acqu irer belongs to Yes

Promoter/Promoter group

Name(s) of the Stock Exchange(s) where the Bombay Stock Exchange LTD. (BSE)

shares ofTC National Stock Exchange of India. LTD. (NSE)

are Listed

Details of the acquisition as follows Number % w.r.t total share/voting % w .r.t . total

capital wherever applicable(*) diluted

share/voting

capital of the

TC(**)

Before the acquisition under

consideration, holding of acquirer along

with PACs of:

(a) Shares carrying voting rights 6,20,29,863 65.30 65.30

(b) Shares in the nature of encumbrance

(pledge/l ien/non-di sposa l undertaking/others) Ni l Nil Ni l

( c) Vot ing Rights (VR) otherwise than by

equity shares Ni l Nil Nil

(d) Warrants/convert ible securities/any

other instrument that entitl es the acqui rer

to receive shares carrying voting rights in the TC (specify hold ing in each category)

Nil Ni l Nil

( e) Total (a+b+c+d) 6,20,29,863 65 .30 65 .30

Details of acquisition

(a) Shares carrying voting rights acquired 15,000 0.02 0.02

(b)VRsacquired otherwisethan by equity

shares Ni l Ni l Ni l

c) Warrants/convertible securi ti es/ any

other instruments that entitl es t he acqui rer t o receive shares carrying voting rights in

the TC (specify holding in each category)

acqu ired Nil Ni l Ni l

(d) Shares in the nature of encumbrance

(pl edge/Ii en/non-d isposal undertaking/oth ers) Nil Nil Nil

( e) Tot al (a+b+c+/-d) 15,000 0 .02 0.02

After the acquisit ion, holding of acquirer

alongwith PACs of:

(a) Shares carrying voting rights 6,20,44,863 65.32 65.32

(b) VRs otherwise than by equ ity shares Nil Ni l Nil

c) Warrants/ convertible secu rities/ any other instruments that entitles the acqui rer to receive shares carrying voting rights in the TC (specify holding in each category) acqu ired Nil Nil Ni l

{d) Shares in the nature of encumbrance (pledge/ l ien/non-disposal undertaking/others) Ni l Nil Ni l

( e) Total (a+b+c+/-d) 6,20,44,863 65.32 65.32

Mode of acquisition (e.g. open market/ Open market

pub I ic issue/rights issue/ preferential al lotment/i nter-se transfer/ encumbrance etc)

Salient feat ures of the securities acqui red includ ingtimeti ll redemption, ratio at

NA which it can be converted into equ ity shares, etc

Date of acqu isit ion of/ date of receipt of intimat ion of allotment of shares /VR/ warrants/convertible securities/any 30th December 2019 other inst rument that entitles th e acquirer to receive shares in the TC.

Equity share capital / total voting capital of 9,49,85,835 Equity Shares of Rs.10/ - each amounting to Rs.

the TC before the said acquisition 94,98,58,350/ -

Equ ity share capital/ total voting capital of 9 ,49 ,85,835 Equity Shares ofRs.10/- each amounting to Rs.

the TC after the said acquisition 94,98,58,350/-

Total diluted share/voting capi t al oftheTC 9 ,49 ,85,835 Equity Shares of Rs.10/ - each amounting to Rs.

after the said acquisi t ion 94,98,58,350/-

Part B

Name of the Target Company

N ame(s) of the acquirer and Persons Acting in

concert {PAC} with the acquirer

Mr. Ya tin Subhash Shah

Promoter and Chairm n & Managing Director .

Place: Solapur

Date: 01.01.2020

Note:-

Precision Camshafts Limited

Whether the PAN of the acquirer and/ or PACs

acquirer belongs to

Promoter/

Promoter group

Yes ACJPS2375P

(*) Total share capital/ voting capital to be taken as per the latest filing done by the company to the Stock

Exchange under Clause 35 of the listing Agreement.

(**) Diluted share/voting capita l means the tota l number of sha res in the TC assuming full conversion of the

outstanding convertible securities/warrants into equity shares of the TC.

(***) Part-B shall be disclosed to the Stock Exchanges but shall not be disseminated

Annexure -I

List of Existing Promoter and Promoter Group (Before acquisition of shares)

Sr Name of the

Promoter/Promoter Group

1 Yatin Subhash Shah

2 Suhasini Yatin Shah

3 Manjiri Vinayak Chitale

4 Karan Yatin Shah

5 Tanvi Yatin Shah

6 CAMS Technology Limited

7 Mayura Karan Shah

Total

Promoter and Chai man & Managing

Director

Place:

Date:

Solapur

01.01.2020

Pan No. Category No. of Shares

ACJPS2375P Promoter 37753717

ADQPS7357B Promot er 10471461

AAXPC3437A Promoter 292000

Group

BWYPS4066D Promoter 2000

Group

CYGPS9103L Promoter 2000

Group

MFCC2999C Promoter 13507685

Group

APXPD3764Q Promoter 1000

Group

620 2986 3