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The Shareholders of Man Industries (India) Limited (MIIL) have in their Annual General Meeting held on 27th Day of September, 2017 approved the reclassification of JCM Group entities from the category of Promoter and promoter group to the category of Public. The JCM Group comprising of Mr. Jagdishchandra Jhamaklal Mansukhani (JCM; PAN-AACPM2147G); Ms. Anita Jagdish Mansukhani (JCMs Wife; PAN - AAHPM0923H); Ms. Priyal Mansukhani (JCMs Daughter; PAN-AUDPM9949B) and entities controlled by JCM and his relatives, viz. JPA Solutions Private Limited (PAN-AABCJ7151K) and Man Tubinox Limited (formerly known as Man Steel And Power Limited) (PAN - AAECM7199K). None of the JCM Group entities are in the management of MIIL or has any association whatsoever with MIIL. Further, the JCM Group entities collectively hold mere 0.03% shares of MIIL. The Company has in 2017, filed the application for reclassification of JCM Group entities from the category of Promoter and Promoter Group to the Public with the Stock Exchanges (NSE and BSE). Accordingly, the management of the Company does not consider the JCM Group entities under Promoter and promoter Group Category on account of following reasons : 1 The Arbitration between present management and estranged promoter ie JCM Group has been concluded and the Ld 1 Arbitrator has held that MIIL to be independently and exclusively managed by RCM group without any relation or involvement of estranged JCM group 2 JCM has already been removed from Board of MIIL since 2012 and is in no way connected with business or affairs of MIIL since 2012 3 There are explicit orders passed recently by the Honble Bombay High Court directing JCM group to purchase and transfer its entire erstwhile and existing shareholding to the extent of at least 60 lacs equity shares of MIIL to be transferred in the name of RCM group as per the award passed by Ld arbitrator 4 The Company has already initiated process of reclassifying JCM group and removing it from Promoters category 5 Continuous sale of MIIL shares by JCM group since 2012 has misled and confused the investors because of its classification as a Promoter 6 There are presently various litigations pending against JCM group and as such it cant be treated to be a Promoter anymore 7 Entire 970 lac approx shares held in the name of JCM group have been transferred in the name of The Court Receiver High Court Bombay Com Arb Pet No 31/2020 in MarchApril 2020 and there is a negligible holding remaining in the name of JCM group which doesnt warrant it to be classified under the Promoters category 8 Even the Regulatories like SEBI has recognized that JCM group is no more a part of present promoter group However as per the directives of the Stock Exchanges NSE and BSE this Shareholding Pattern is being filed including the names of the JCM Group comprising of Mr Jagdishchandra Jhamaklal Mansukhani JCM PANAACPM2147G Ms Anita Jagdish Mansukhani JCMs Wife PAN AAHPM0923H Ms Priyal Mansukhani JCMs Daughter PANAUDPM9949B and entities controlled by JCM and his relatives viz JPA Solutions Private Limited PANAABCJ7151K and Man Tubinox Limited formerly known as Man Steel And Power Limited PAN AAECM7199K though the Company does not consider JCM Group as part of Promoter and Promoter Group in view of the aforesaid situation and the approval/decision made by the Shareholders in their AGM held in 2017 Rameshchandra Mansukhani******11254992112549920.1511254992112549920.1500112549920.14760065000000.577565000000.577511254992******1Nikhil Mansukhani******358628535862850.0478358628535862850.04780035862850.0470000003586285******1Deepadevi Rameshchandra Mansukhani******180560418056040.0241180560418056040.02410018056040.02370000001805604******1Rameshchandra Mansukhani (HUF)******72200722000.00172200722000.00100722000.000900000072200******1Heena Vinay Kalantri******486151148615110.0648486151148615110.06480048615110.06380000004861511******1Jagdishchandra Jhamaklal Mansukhani (Refer 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