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GMR Enterprises Private Limited (GEPL) through itself and other subsidiary companies, holds 59.56% of the paid-up equity share capital of the Company. Accordingly, the provisions of the Companies (Significant Beneficial Owners) Rules, 2018 does not apply to the Company, except for intimation of Corporate Identification Number of GEPL in e-form BEN-2 with Ministry of Corporate Affairs. Thus, the declaration Whether the listed entity has any significant beneficial owner is marked as No.2. Details provided in Table III does not include the shares held by promoter and promoter group which has been disclosed in Table II. 3. Pursuant to demerger of EPC and Urban Infra Business of GMR Airports Infrastructure Limited (Formerly GMR Infrastructure Limited) into the company, the 7.5 per cent Foreign Currency Convertible Bonds (FCCBs) aggregating US$ 275 million held by the Kuwait Investment Authority and transferred to the Company as per Scheme is convertible into fully paid up equity shares of the company having face value of Rs. 5 each (the conversion shares). The FCCBs may be converted into 11,12,41,666 shares (approx.). 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