Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011

• Security Code: 532497
• Company: RADICO

Sapphire Intrex Ltd has submitted the disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 to BSE

Name of the Target Company (TC) : Radico Khaitan Ltd
Name of the Promoter(s) on whose shares encumbrance was created/ invoked/ released : Sapphire Intrex Ltd
Date of reporting : December 27, 2011
Names of the stock exchanges where the shares of the target company are listed : NSE & BSE

Details of the promoters’ holding
Promoter (s) or PACs with him : Sapphire Intrex Ltd

Pre-event holding
Number : 33324010
% of total share capital : 25.11%

Details of events pertaining to encumbrance
Type - creation/ invocation/ release : Creation of pledge of 439748 shares
Date (s) : December 21, 2011 & December 23, 2011

Post event holding (encumbered shares to be excluded)
Number : 16275581
% of total share capital : 12.26%

(*) Details of encumbrance (pledge/lien or others)
Number : 17048429
% of total share capital : 12.85%

* The disclosure represents pledge creation of 209748 Equity Shares in favour of Securities Trading Corp. of India Ltd & 80000 equity shares in favour of L&T Ltd & 150000 shares in favour of IL&FS Ltd
Total pledged shares : 17048429 shares.