Techno Electric & Engineering : Buyback - Open Market

October 04, 2022

National Stock Exchange of India Ltd.	BSE Limited
5th floor, Exchange Plaza	Department of Corporate Services
Bandra - Kurla Complex	Phiroze Jeejeebhoy Towers
Bandra (East)	Dalal Street,
Mumbai - 400 051	Mumbai - 400 001
NSE SYMBOL : TECHNOE	BSE CODE - 542141

Dear Sir/Madam,

Sub: Buyback of equity shares of face value of Rs.2 each ("Equity Shares") by Techno Electric and Engineering Company Limited (the" Company") from the open market through stock exchanges mechanism ("Buyback") in accordance with the Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018, as amended ("Buyback Regulations").

With reference to the captioned matter, the Company hereby submits the daily report pursuant to Regulation 18(i) of Buyback Regulations regarding the Equity Shares bought-back:

Name of the Broker	Number of Equity Shares bought	Total Equity Shares	Average Price of qcquisition
	back Today*		bought back (A)	(Rs. Per Equity Shares)$
	BSE	NSE
Trans Scan Securities	341	13129	13470	273.8167706
Pvt. Ltd.
Cumulative Equity Shares bought as on Yesterday (B)		183330
Less: Quantity Closed Out Today (C)			-
Quantity Closed Out as of Yesterday (D)			-
Total Quantity Closed Out (E) = (C)+(D)			-
Total Equity Shares bought back till date (A)+(B)-( E )		196800

* The above information is subject to settlement as per the existing rules for secondary market transactions of
the Stock Exchanges and verification of Equity Shares bought back, where applicable
$ Excluding transaction costs
Further, certain details with respect to the Buyback are as set forth below:
Particulars
Total amount earmarked for Buyback* (Rs.)
	1,30,00,00,000.00
Cumulative amount utilised for Buyback till date* (Rs.)	5,82,67,576.75
Maximum number of Equity Shares that can be bought back (Nos .)	40,00,000

Cumulative number of Equity Shares bought back till the end of previous	183330
reporting period (Nos.) (A)
Number of Equity Shares bought back during current reporting period# (Nos.) (B)
	13470
Cumulative number of Equity Shares bought back till the end of current	196800
reporting period# (Nos.) (C) = (A)+(B)

$ As specified in Public Announcement. Represents less than 10% or 25% of the total paid-up capital of the Company prior to the Buyback as on March 31, 2022, in terms of Equity Shares. The proviso to Section 68(2)(c) of the Companies Act, 2013, as amended, and Regulation 4(i) of Buyback Regulations state that the buyback of equity shares in any financial year shall not exceed 10% or 25% of the total paid-up equity share capital of the Company in that financial year with the approval of Board and Shareholders respectively.

The indicative maximum number of Equity Shares to be bought back at the Maximum Buyback Size and the Maximum Buyback Price is 40,00,000 Equity Shares, which is 3.64% (i.e. less than 25%) of the total paid up equity share capital of the Company. If the Equity Shares are bought back at a price below the Maximum Buyback Price, the actual number of Equity Shares bought back could exceed the indicative maximum number of Equity Shares that can be bought back (assuming full deployment of Maximum Buyback Size) but will always be subject to Maximum Buyback Size.

"Previous reporting period is the day before the current reporting period when the Company has last bought back Equity Shares i.e. October 03, 2022.

#Current reporting period is the day on which this report is being filed with the stock exchanges, being October 04, 2022.

This is for your information and record.

Thanking you,

Yours faithfully,

For Techno Electric & Engineering Company Limited

NIRANJAN BRAHMA

Digitally signed by NIRANJAN BRAHMA Date: 2022.10.04 16:31:27 +05'30'

(Niranjan Brahma)

Company Secretary (A-11652)

Place: Kolkata