ALPHA TRIBE

IEL LtdInsider Trade, 01-01-1970: Insider Trading / SAST

01-01-1970 | 12:00 am

Date: 05.08.2025

To,

The Listing Department

BSE Limited

Phiroze Jeejeebhoy Towers,

25th Floor, Dalal Street,

Mumbai- 400 001

To,

IEL LIMITED

Office No 53, 6th Floor, Sanidhya Complex,

Near Devnandan Mall, Opp. Sanyas Ashram,

Nehru Bridge, Ashram Road, Ellisbridge,

Ahmedabad – 380006, Gujarat, India

SUB: Disclosure under Regulation 29(2) of SEBI (SUBSTANTIAL ACQUISITION

OF SHARES AND TAKEOVER) REGULATIONS, 2011 AS AMENDED

(“TAKEOVER REGULATIONS”)

Dear Sir,

With Reference to the Captioned Subject, please find attached the Disclosure Pursuant

to Regulation 29(2) of Takeover Regulations, Regarding sale of Shares of IEL

LIMITED.

Kindly take the above on record.

For, AMBASSADOR INTRA HOLDINGS LIMITED

RAJESH SINGH THAKUR

Managing Director

DIN: 10593346

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Format for disclosures under Regulation 29(2) of SEBI (Substantial Acquisition

of Shares and Takeovers) Regulations, 2011

Name of the Target Company (TC) IEL LIMITED

Name(s) of the acquirer and Persons Acting in

Concert (PAC) with the acquirer

AMBASSADOR INTRA HOLDINGS

LIMITED (Acquirer)

Whether the acquirer belongs to

Promoter/Promoter group

NO

Name(s) of the Stock Exchange(s) where the

shares of TC are Listed

BSE Limited

Details of the acquisition / disposal as follows

Number %

w.r.t.total

share/voti

ng capital

wherever

applicable

(*)

% w.r.t. total

diluted

share/voting

capital of the

TC (**)

Before the acquisition under consideration,

holding of :

a) Shares carrying voting rights

b) Shares in the nature of encumbrance

(pledge/ lien/ non-disposal

undertaking/ others)

c) Voting rights (VR) otherwise than by

shares

d) Warrants/convertible securities/any

other instrument that entitles the acquirer

to receive shares carrying voting rights in

the T C (specify holding in each category)

e) Total (a+b+c+d)

ANNEXURE A

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Details of acquisition/sale

a) Shares carrying voting rights

acquired/sold

b) VRs acquired /sold otherwise than by

shares

c) Warrants/convertible securities/any

other instrument that entitles the acquirer

to receive shares carrying voting rights in

the TC (specify holding in each category)

acquired/sold

d) Shares encumbered / invoked/released

by the acquirer

e) Total (a+b+c+/-d)

ANNEXURE A

After the acquisition/sale, holding of:

a) Shares carrying voting rights

b) Shares encumbered with the acquirer

c) VRs otherwise than by shares

d) Warrants/convertible securities/any

other instrument that entitles the acquirer

to receive shares carrying voting rights in

the TC (specify holding in each category)

after acquisition

Total (a+b+c+d)

ANNEXURE A

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

off-market / public issue / rights issue /

preferential allotment / inter-se transfer etc).

Sell by way of Open Market on BSE

Date of acquisition / sale of shares / VR or

date of receipt of intimation of allotment of

shares, whichever is applicable

05.08.2025

Equity share capital / total voting capital of

the TC before the said acquisition / sale

Rs. 13,03,92,486/- divided into 13,03,92,486

Equity shares of Rs. 1/- each.

Equity share capital/ total voting capital of

the TC after the said acquisition / sale

Rs. 13,03,92,486/- divided into 13,03,92,486

Equity shares of Rs. 1/- each.

Total diluted share/voting capital of the TC

after the said acquisition

Rs. 13,03,92,486/- divided into 13,03,92,486

Equity shares of Rs. 1/- each.

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(*) 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 capital means the total number of shares in the TC assuming full

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

For, AMBASSADOR INTRA HOLDINGS LIMITED

RAJESH SINGH THAKUR

Managing Director

DIN: 10593346

Date: 05.08.2025

Place: Ahmedabad

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ANNEXURE A

Disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers)

Regulations, 2011

Name of the

Seller

Pre Holding Equity

Shares

Sold

Post Holding

No of Equity

Shares

Carrying

Voting

Rights

% w.r.t. total

share capital

of TC on

fully diluted

basis

05th

August,

2025

No of Equity

Shares

carrying

voting rights

% w.r.t.

total

share

capital of

TC on

fully

diluted

basis

Ambassador

Intra Holdings

Limited

1,61,72,549 12.40% 2,91,085 1,58,81,464 12.17%

TOTAL 1,61,72,549 12.40% 2,91,085 1,58,81,464 12.17%

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