Sanathan Textiles LimitedNSE: SANATHAN

Corrigendum to RHP (Red Herring Document filed with ROC)

May 15, 2025 at 6:17 AM UTC · Issued by Sanathan Textiles Limited

This is a public announcement for information purposes only and is not a prospectus announcement and does not constitute an invitation or offer to acquire, purchase or subscribe to securities. Not for release, publication or distribution directly or indirectly, outside India. Initial public offer of equity shares on the main board of the Stock Exchanges in compliance with Chapter II of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended ("SEBI ICDR Regulations").

SANATHAN TEXTILES LIMITED Our Company was incorporated as 'Sanathan Textiles Private Limited', at Kolkata, West Bengal as a private limited company under the Companies Act, 1956 and received a certificate of incorporation issued by the RoC, on October 10, 2005. Thereafter, our Company was converted into a public limited company pursuant to a resolution passed by the shareholders of our Company passed in their meeting on November 12, 2021, and the name of our Company was changed to its present name 'Sanathan Textiles Limited', pursuant to a fresh certificate of incorporation issued by the RoC on November 18, 2021. For details of changes in the name and registered office of our Company, see 'History and Certain Corporate Matters' on page 271 of the red herring prospectus of the Company dated December 13, 2024 (RHP) filed with the RoC. Corporate Identification Number: U17299DN2005PLC005690; Registered Office: SRV NO. 187/4/1/2, Near Surangi Bridge, Surangi, Dadra & Nagar Haveli, Silvassa - 396230, India Corporate Office: D-15, Trade World Building Kamala Mills Compound, Senapati Bapat Marg Lower Parel, Mumbai - 400013, Maharashtra, India; Contact Person: Dsouza Jude Patrick, Company Secretary and Compliance Officer; Tel: + 91 22 6634 3312/3/4/5/6; E-mail: investors@sanathan.com; Website: https://www.sanathan.com OUR PROMOTERS: PARESH VRAJLAL DATTANI, AJAY VALLABHDAS DATTANI, ANILKUMAR VRAJDAS DATTANI, DINESH VRAJDAS DATTANI, NIMBUS TRUST, D&G FAMILY TRUST, A&J FAMILY TRUST AND P&B FAMILY TRUST

62.	December 17, 2024	Vallabhdas Dattani	Promoter Group	Hiranya Jaysinh Ashar	-	Sale of Equity Shares	67,000	0.09	321.00	21.51
63.				Aayush Mittal	-		15,500	0.02	321.00	4.98
64.				Shivangi V Paranjpe	-		15,500	0.02	321.00	4.98
65.				Harsh Naval Saraf	-		15,500	0.02	321.00	4.98
66.				JaiKarni Holdings Private Limited	-		15,500	0.02	321.00	4.98
67.				Hitesh Dani	-		12,400	0.02	321.00	3.98
68.				Toral Kamdar	-		7,700	0.01	321.00	2.47
69.				Yuvraj Dani	-		7,700	0.01	321.00	2.47
70.				Manish Chhabildas Kamdar	-		7,700	0.01	321.00	2.47
71.				Rakesh Mahnot	-		7,700	0.01	321.00	2.47
72.				Mayank Ramniklal Mashru	-		7,700	0.01	321.00	2.47
73.				Ami Gokani*	-		6,200	0.01	321.00	1.99
74.				Kareena Kanani*	-		6,200	0.01	321.00	1.99
75.				Suketu Bipinchandra Daftari	-		6,200	0.01	321.00	1.99
76.				Parikshit Engineer HUF*	-		6,200	0.01	321.00	1.99
77.				Rahul Rajat Doshi	-		6,200	0.01	321.00	1.99
78.				Shradha Shashikant	-		5,600	0.01	321.00	1.80
79.				Jitesh Bavishi	-		4,600	0.01	321.00	1.48
80.				Amit Sonpal	-		4,600	0.01	321.00	1.48
81.				Mitesh Chhabildas Kamdar	-		3,800	0.01	321.00	1.22
82.				Mona M Kamdar	-		3,800	0.01	321.00	1.22
83.				Sanjay M Badiyani	-		3,400	Negligible	321.00	1.09
84.				Shailesh Dudhwewala HUF	-		3,400	Negligible	321.00	1.09
85.				Pushpa Kamdar	-		3,100	Negligible	321.00	1.00
86.				Hariprasad Gourishankar Chandak	-		3,100	Negligible	321.00	1.00
87.				Bhamini Dattani	-		1,500	Negligible	321.00	0.48
88.	December 17, 2024	Geeta Dinesh Dattani	Promoter Group	Sunil Vashdev Gvalani	-	Sale of Equity Shares	6,000	0.01	321.00	1.93
89.	December 17, 2024	Geeta Dinesh Dattani	Promoter Group	Niharika Jolly*	-	Sale of Equity Shares	3,000	Negligible	321.00	0.96
90.	December 17, 2024	Beena Paresh Dattani	Promoter Group	Ajay Jain	-	Sale of Equity Shares	31,000	0.04	321.00	9.95
91.				Hiranya Jaysinh Ashar	-		24,900	0.03	321.00	7.99
92.				Sanjay Balaram Menon	-		15,500	0.02	321.00	4.98
93.				Multi Media HRD Private Limited	-		15,500	0.02	321.00	4.98
94.				Elon Precision Engineering Private Limited	-		15,500	0.02	321.00	4.98
95.				Kalpesh Rasiklal Shah	-		15,500	0.02	321.00	4.98
96.				Shilpa Naval Saraf	-		7,750	0.01	321.00	2.49
97.				Vivek Saraf	-		7,750	0.01	321.00	2.49
98.				Kishorsinh Ramdas Mirani	-		4,600	0.01	321.00	1.48
99.	December 17, 2024	Paresh Kumar V Dattani HUF	Promoter Group	Adip Vinodrai Poojara	-	Sale of Equity Shares	31,150	0.04	321.00	10.00
100.				Shravan Vijaykumar Sharma	-		15,500	0.02	321.00	4.98
101.				Sunil Madan Bhatija	-		9,345	0.01	321.00	3.00
102.				Vibha Sunil Bhatija	-		9,345	0.01	321.00	3.00
103.				Vidur Runit Mahajan	-		7,790	0.01	321.00	2.50
104.				Sunita Mahajan	-		7,790	0.01	321.00	2.50
105.				Runit Rajendrapal Mahajan	-		7,790	0.01	321.00	2.50
106.				Sakshi Umang Pittie	-		7,790	0.01	321.00	2.50
107.				Ajay M Mehta	-		7,750	0.01	321.00	2.49
108.				Parul Ajay Mehta	-		7,750	0.01	321.00	2.49
109.				Sameer Bhatija	-		4,670	0.01	321.00	1.50

INITIAL PUBLIC OFFER OF UP TO [•] EQUITY SHARES OF FACE VALUE OF `10 EACH (EQUITY SHARES) OF SANATHAN TEXTILES LIMITED ('COMPANY' OR 'ISSUER') FOR CASH AT A PRICE OF [•] PER EQUITY SHARE (INCLUDING A SHARE PREMIUM OF ` [•] PER EQUITY SHARE) (OFFER PRICE) AGGREGATING UP TO `5,500.00 MILLION (OFFER) COMPRISING A FRESH ISSUE OF UP TO [•] EQUITY SHARES AGGREGATING UP TO ` 4,000.00 MILLION BY OUR COMPANY (FRESH ISSUE) AND AN OFFER FOR SALE OF UP TO [•] EQUITY SHARES AGGREGATING UP TO `1,500.00 MILLION BY THE SELLING SHAREHOLDERS (OFFER FOR SALE) COMPRISING UP TO [•] EQUITY SHARES AGGREGATING UP TO `309.37 MILLION BY PARESH VRAJLAL DATTANI, UP TO [•] EQUITY SHARES AGGREGATING UP TO `346.75 MILLION BY AJAY VALLABHDAS DATTANI, UP TO [•] EQUITY SHARES AGGREGATING UP TO `355.62 MILLION BY ANILKUMAR VRAJDAS DATTANI, UP TO [•] EQUITY SHARES AGGREGATING UP TO `371.88 MILLION BY DINESH VRAJDAS DATTANI (THE 'PROMOTER SELLING SHAREHOLDERS'), UP TO [•] EQUITY SHARES AGGREGATING UP TO `2.50 MILLION BY VAJUBHAI INVESTMENTS PRIVATE LIMITED, UP TO [•] EQUITY SHARES AGGREGATING UP TO `2.50 MILLION BY VALLABHDAS DATTANI HUF, UP TO [•] EQUITY SHARES AGGREGATING UP TO `22.50 MILLION BY SONALI AJAYKUMAR DATTANI, UP TO [•] EQUITY SHARES AGGREGATING UP TO `2.50 MILLION BY DATTANI DINESHKUMAR VRAJDAS HUF AND UP TO [•] EQUITY SHARES AGGREGATING UP TO `35.00 MILLION BY BEENA PARESH DATTANI , UP TO [•] EQUITY SHARES AGGREGATING UP TO `17.50 MILLION BY ANILKUMAR VRAJDAS DATTANI HUF, UP TO [•] EQUITY SHARES AGGREGATING UP TO `30.00 MILLION BY PARESH KUMAR V DATTANI HUF, UP TO [•] EQUITY SHARES AGGREGATING UP TO `1.25 MILLION BY JAYSHREE ANILKUMAR DATTANI, UP TO [•] EQUITY SHARES AGGREGATING UP TO `2.50 MILLION BY VALLABHDAS DATTANI AND UP TO [•] EQUITY SHARES AGGREGATING UP TO `0.13 MILLION BY AJAY KUMAR V DATTANI HUF (THE 'PROMOTER GROUP SELLING SHAREHOLDERS' AND TOGETHER WITH THE PROMOTER SELLING SHAREHOLDERS, COLLECTIVELY REFERRED AS 'SELLING SHAREHOLDERS' AND SUCH OFFER FOR SALE BY THE SELLING SHAREHOLDERS, THE 'OFFER FOR SALE').

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DETAILS OF THE OFFER FOR SALE BY THE SELLING SHAREHOLDERS
NAME OF THE SELLING SHAREHOLDER	TYPE	AMOUNT (IN ` MILLION)	WEIGHTED AVERAGE COST OF ACQUISITION PER EQUITY SHARES* (IN `)
Paresh Vrajlal Dattani	Promoter Selling Shareholder	Up to [•] Equity Shares of face value of `10 each aggregating up to `309.37 million	3.51
Ajay Vallabhdas Dattani	Promoter Selling Shareholder	Up to [•] Equity Shares of face value of `10 each aggregating up to `346.75 million	3.40
Anilkumar Vrajdas Dattani	Promoter Selling Shareholder	Up to [•] Equity Shares of face value of `10 each aggregating up to `55.62 million	Nil
Dinesh Vrajdas Dattani	Promoter Selling Shareholder	Up to [•] Equity Shares of face value of `10 each aggregating up to `371.88 million	Nil
Vajubhai Investments Private Limited	Promoter Group Selling Shareholder	Up to [•] Equity Shares of face value of `10 each aggregating up to `2.50 million	5.56
Vallabhdas Dattani HUF	Promoter Group Selling Shareholder	Up to [•] Equity Shares of face value of `10 each aggregating up to `2.50 million	5.56
Sonali Ajaykumar Dattani	Promoter Group Selling Shareholder	Up to [•] Equity Shares of face value of `10 each aggregating up to `22.50 million	30.36
Dattani Dineshkumar Vrajdas HUF	Promoter Group Selling Shareholder	Up to [•] Equity Shares of face value of `10 each aggregating up to `2.50 million	5.56
Beena Paresh Dattani	Promoter Group Selling Shareholder	Up to [•] Equity Shares of face value of `10 each aggregating up to `35.00 million	Nil
Anilkumar Vrajdas Dattani HUF	Promoter Group Selling Shareholder	Up to [•] Equity Shares of face value of `10 each aggregating up to `17.50 million	Nil

*Calculated on a fully diluted basis. As certified by the Independent Chartered Accountant, Jain Tripathi & Co, pursuant to a certificate dated December 17, 2024. For a complete list of all Selling Shareholders and their average cost of acquisition per Equity Share, see 'Summary of the Offer Document - Average Cost of Acquisition of our Promoters and the Selling Shareholders' on page 31 of the RHP.

NOTICE TO INVESTORS

Potential Bidders may note the following:

Sr. No	Date of Transfer	Name of the Transferor	Nature of Relationship with Company	Name of Transferee	Nature of Relationship with Company	Nature of Transfer	Number of Equity Shares	Percentage of total pre-Offer paid up Equity Share capital (%)	Transfer price per Equity Share (in `)	Total consideration (in ` million)
1.	December 17, 2024	Dinesh Vrajdas Dattani	Promoter	Arjun Nishit Dhruva	-	Sale of Equity Shares	31,000	0.04	321.00	9.95
2.				Siddharth Patel	-		24,800	0.03	321.00	7.96
3.				Hiranya Jaysinh Ashar	-		20,200	0.03	321.00	6.48
4.				Komal Vishal Kothari	-		15,500	0.02	321.00	4.98
5.				MBE Enterprise LLP	-		15,500	0.02	321.00	4.98
6.				Vinay Pradeep Gandhi*	-		9,340	0.01	321.00	3.00
7.				Ashiesh Siddharth Shah	-		7,800	0.01	321.00	2.50
8.				Rutvik Anil Mehta	-		7,800	0.01	321.00	2.50
9.				Pratik Mukesh Panchmatia	-		7,700	0.01	321.00	2.47
10.				Yash Patwari	-		6,600	0.01	321.00	2.12
11.				Taurus Petroleums Private Limited	-		6,200	0.01	321.00	1.99
12.				Mitali Siddharth Patel	-		6,200	0.01	321.00	1.99
13.				Krish Vishu Ramnani	-		6,000	0.01	321.00	1.93
14.				Dhara Ripal Doshi	-		5,350	0.01	321.00	1.72
15.				Mayuri Konal Doshi	-		5,350	0.01	321.00	1.72
16.				Archana Doshi	-		5,300	0.01	321.00	1.70
17.				Divyen Ketan Doshi	-		5,000	0.01	321.00	1.61
18.				Adit Ripple Doshi	-		5,000	0.01	321.00	1.61
19.				Jugal Konal Doshi	-		5,000	0.01	321.00	1.61
20.				Shobha Yashwant Mehta	-		4,600	0.01	321.00	1.48
21.				Yashwant Mansukhlal Mehta	-		4,600	0.01	321.00	1.48
22.				Ami Ketan Shah	-		4,500	0.01	321.00	1.44
23.				Deepen P Shah	-		4,500	0.01	321.00	1.44
24.				Pradeep Gulabrai Gandhi*	-		3,115	Negligible	321.00	1.00
25.				Heeral Pradeep Gandhi*	-		3,115	Negligible	321.00	1.00
26.				Pradeep Gulabrai Gandhi HUF*	-		3,115	Negligible	321.00	1.00
27.				Chhaya Pradeep Gandhi*	-		3,115	Negligible	321.00	1.00
28.				Charmi M Thakkar*	-		3,100	Negligible	321.00	1.00
29.				Karan Vir Jolly*	-		2,800	Negligible	321.00	0.90
30.				H N Mehta HUF	-		2,500	Negligible	321.00	0.80
31.				Punyashali Sanjay Parekh	-		2,500	Negligible	321.00	0.80
32.				Lata Jha	-		1,600	Negligible	321.00	0.51
33.				Supriya Anand Vakharia	-		1,500	Negligible	321.00	0.48
34.				Silviya Gonsalves*	-		800	Negligible	321.00	0.26
35.	December 17, 2024	Anilkumar Vrajdas Dattani	Promoter Group	Raj Kumar Jain	-	Sale of Equity Shares	31,000	0.04	321.00	9.95
36.				Rita Rajendra Shah	-		15,500	0.02	321.00	4.98
37.				Mudit Subhashchandra Agarwal	-		15,500	0.02	321.00	4.98
38.				Vedansh Surendra Jiwarajka	-		15,500	0.02	321.00	4.98
39.				Jayshree Kaushikbhai Mody*	-		15,500	0.02	321.00	4.98
40.				Hiranya Jaysinh Ashar	-		12,400	0.02	321.00	3.98
41.				Lalit Chandrakant Shah	-		10,900	0.02	321.00	3.50
42.				Bimla Suresh Makhija	-		10,900	0.02	321.00	3.50
43.				Ankit Prakash Mashru	-		7,700	0.01	321.00	2.47
44.				Nishit J Pathak	-		7,700	0.01	321.00	2.47
45.				Vedant Dattani*	-		4,600	0.01	321.00	1.48
46.				Sundeep J Shah	-		4,600	0.01	321.00	1.48
47.				Ranbir Kumar Vij	-		4,600	0.01	321.00	1.48
48.				Shanti Bahety	-		4,600	0.01	321.00	1.48
49.				Vidita Kochar	-		4,600	0.01	321.00	1.48
50.				Ramya Mandiramoorthy*	-		4,600	0.01	321.00	1.48
51.				Rishab Chandak	-		3,100	Negligible	321.00	1.00
52.				Lakshmi Srinivasan*	-		1,500	Negligible	321.00	0.48
53.				Sudha Mohan	-		1,500	Negligible	321.00	0.48
54.	December 17, 2024	Anilkumar Vrajdas Dattani HUF	Promoter Group	Yuvraj Ashok Thakker	-	Sale of Equity Shares	15,500	0.02	321.00	4.98
55.				Atul R Mashru HUF*	-		15,500	0.02	321.00	4.98
56.				Zahid Mohamed Amin Esmail	-		9,300	0.01	321.00	2.99
57.				Amit Jain	-		7,700	0.01	321.00	2.47
58.				Hari Shankar Panchloria	-		7,700	0.01	321.00	2.47
59.				Seksaria Confectionaries Private Limited	-		6,200	0.01	321.00	1.99
60.				Aar Em Ventures LLP	-		6,200	0.01	321.00	1.99
61.	December 17, 2024	Jayshree Anilkumar Dattani	Promoter Group	Gandhia Maheshkumr Bhagvandas	-	Sale of Equity Shares	4,600	0.01	321.00	1.48

Some of our Promoters and members of our Promoter Group have sold Equity Shares at a price of `321 per Equity Share, after the date of the RHP, as set out below (Transfers):
Note : Credit of Equity Shares is in process for certain Transfers.
*These persons / entities are related to either our Promoters or Promoter Group or Directors or Key Managerial Personnel or Senior Managerial Personnel of the Company. Except for these persons / entities, no other person / entity is related to either our Company, our Promoters, Promoter Group, Directors, Key Managerial Personnel, Subsidiaries, Group Company and the directors and key managerial personnel of our Subsidiaries and Group Company.
The shareholding of the transferors, pre-Transfer and post-Transfers, are set out below:

Sr. No.	Name of transferor	Nature of relationship with the Company	No. of Equity Shares held pre-Transfer	No. of Equity Shares held post-Transfer	Percentage of total pre-Offer paid up Equity Share capital (%) after the Transfers
1.	Dinesh Vrajdas Dattani	Promoter	7,112,800	6,871,700	9.55
2.	Anilkumar Vrajdas Dattani	Promoter	6,819,700	6,643,400	9.23
3.	Anilkumar Vrajdas Dattani HUF	Promoter Group	138,000	69,900	0.10
4.	Jayshree Anilkumar Dattani	Promoter Group	9,000	4,400	0.01
5.	Vallabhdas Dattani	Promoter Group	381,250	133,450	0.19
6.	Geeta Dinesh Dattani	Promoter Group	9,000	Nil	Nil
7.	Beena Paresh Dattani	Promoter Group	266,400	128,400	0.18
8.	Paresh Kumar V Dattani HUF	Promoter Group	228,000	111,330	0.15

Notice to Investors: Corrigendum to the RHP

With respect to the RHP, potential Bidders may note the following:

Pursuant to the Transfers, the shareholding of the Promoters, members of the Promoter Group and Selling Shareholders, as set out below, will be suitably updated in the chapter titled 'Summary of the Offer Document' beginning on page 21 of the RHP.

Sr. No.	Name of Shareholder	Pre-Offer		Post-Offer
Sr. No.	Name of Shareholder	Number of Equity Shares	Percentage of total pre-Offer paid up Equity Share capital (%)	Number of Equity Shares	Percentage of total post-Offer paid up Equity Share capital (%)
Promoters
1.	Nimbus Trust*	10,475,000	14.56	[•]	[•]
2.	D&G Family Trust*	10,475,000	14.56	[•]	[•]
3.	A&J Family Trust*	10,475,000	14.56	[•]	[•]
4.	P&B Family Trust*	10,475,000	14.56	[•]	[•]
5.	Paresh Vrajlal Dattani#	7,012,600	9.75	[•]	[•]
6.	Ajay Vallabhdas Dattani#	7,327,650	10.19	[•]	[•]
7.	Anilkumar Vrajdas Dattani#	6,643,400	9.23	[•]	[•]
8.	Dinesh Vrajdas Dattani#	6,871,700	9.55	[•]	[•]
	Total (A)	69,755,350	96.96	[•]	[•]
Promoter Group
9.	Vallabhdas Dattani#	133,450	0.19	[•]	[•]
10.	Sammir Dineshkumar Dattani	363,000	0.50	[•]	[•]
11.	Vajubhai Investments Private Limited#	18,000	0.03	[•]	[•]
12.	Vallabhdas Dattani HUF#	18,000	0.03	[•]	[•]
13.	Sonali Ajaykumar Dattani#	168,000	0.23	[•]	[•]
14.	Dattani Dineshkumar Vrajdas HUF#	18,000	0.03	[•]	[•]
15.	Geeta Dinesh Dattani	Nil	Nil	[•]	[•]
16.	Jayshree Anilkumar Dattani#	4,400	0.01	[•]	[•]
17.	Anilkumar Vrajdas Dattani HUF#	69,900	0.10	[•]	[•]
18.	Paresh Kumar V Dattani HUF#	111,330	0.15	[•]	[•]
19.	Beena Paresh Dattani#	128,400	0.18	[•]	[•]
20.	Mikesh A Dattani	150,600	0.21	[•]	[•]
21.	Ajay Kumar V Dattani HUF#	600	Negligible	[•]	[•]
22.	Varun P Dattani	1,200	Negligible	[•]	[•]
23.	Samir Dattani HUF	600	Negligible	[•]	[•]
24.	Mikesh Dattani HUF	600	Negligible	[•]	[•]
Total (B)		1,186,080	1.65	[•]	[•]
Total of Promoter & Promoter Group (A) + (B)		7,09,41,430	98.61	[•]	[•]

*Equity Shares held jointly with certain Promoters and certain members of Promoter Group. #Also, the Selling Shareholders.

Pursuant to the Transfers, the chapter titled 'Summary of the Offer Document' beginning on page 21 of the RHP and the chapter titled 'Capital Structure' beginning on
page 106 of the RHP, will be suitably updated in the Prospectus, including details of (i) Secondary Transactions of Equity Shares of our Company; (ii) total number of Shareholders and the Shareholding Pattern of our Company; (iii) Shareholders holding more than 1% shareholding of our Company as on date; and (iv) shareholding of the Promoters, members of the Promoter Group and Selling Shareholders.
Please note that Equity Shares transferred as part of the Transfers do not form part of the Equity Shares proposed to be offered by the Selling Shareholders in the Offer for Sale. The Equity Shares transferred as part of the Transfers shall be subject to lock-in in accordance with Regulation 17 of the SEBI ICDR Regulations, as applicable.

Pursuant to the Transfers, details of the weighted average cost of acquisition disclosed on the cover page of the RHP shall be updated as follows:

DETAILS OF THE OFFER FOR SALE BY THE SELLING SHAREHOLDERS
NAME OF THE SELLING SHAREHOLDER	TYPE	AMOUNT (IN ` MILLION)	WEIGHTED AVERAGE COST OF ACQUISITION PER EQUITY SHARES* (IN `)
Paresh Vrajlal Dattani	Promoter Selling Shareholder	Up to [•] Equity Shares of face value of `10 each aggregating up to `309.37 million	3.51
Ajay Vallabhdas Dattani	Promoter Selling Shareholder	Up to [•] Equity Shares of face value of `10 each aggregating up to `346.75 million	3.40
Anilkumar Vrajdas Dattani	Promoter Selling Shareholder	Up to [•] Equity Shares of face value of `10 each aggregating up to `355.62 million	Nil

Dinesh Vrajdas Dattani	Promoter Selling Shareholder	Up to [•] Equity Shares of face value of `10 each aggregating up to `371.88 million	Nil
Vajubhai Investments Private Limited	Promoter Group Selling Shareholder	Up to [•] Equity Shares of face value of `10 each aggregating up to `2.50 million	5.56
Vallabhdas Dattani HUF	Promoter Group Selling Shareholder	Up to [•] Equity Shares of face value of `10 each aggregating up to `2.50 million	5.56
Sonali Ajaykumar Dattani	Promoter Group Selling Shareholder	Up to [•] Equity Shares of face value of `10 each aggregating up to `22.50 million	30.36
Dattani Dineshkumar Vrajdas HUF	Promoter Group Selling Shareholder	Up to [•] Equity Shares of face value of `10 each aggregating up to `2.50 million	5.56
Beena Paresh Dattani	Promoter Group Selling Shareholder	Up to [•] Equity Shares of face value of `10 each aggregating up to `35.00 million	Nil
Anilkumar Vrajdas Dattani HUF	Promoter Group Selling Shareholder	Up to [•] Equity Shares of face value of `10 each aggregating up to `17.50 million	Nil

*As certified by Jain Tripathi & Co, Independent Chartered Accountant, pursuant to a certificate dated December 17, 2024.

vi. The details of in the chapter 'Basis for Offer Price - Weighted average cost of acquisition (WACA), Floor Price and Cap Price' as disclosed on page 164 of the RHP shal be updated in the Prospectus as follows to disclose the transactions set out below:

Date of transaction	Number of Equity Shares allotted	Name of the Transferor	Name of the Transferee	Face value (`)	Issue price per equity share (`)	Nature of consideration	Total consideration

December 17, 2024	67,000	Vallabhdas Dattani	Hiranya Jaysinh Ashar	10	321	Cash	2,15,07,000
December 17, 2024	31,150	Pareshkumar Dattani HUF	Adip Vinodrai Poojara	10	321	Cash	99,99,150
December 17, 2024	31,000	Beena Dattani	Ajay Jain	10	321	Cash	99,51,000
December 17, 2024	31,000	Dineshkumar Dattani	Arjun Nishit Dhruva	10	321	Cash	99,51,000
December 17, 2024	31,000	Anilkumar Dattani	Raj Kumar Jain	10	321	Cash	99,51,000
Total	1,91,150						6,13,59,150
Weighted average cost of acquisition (WACA) for Secondary Transactions (in `)							321

Pursuant to the Transfers, details of (i) the average cost of acquisition disclosed in the chapter 'Summary of the Offer Document - Average Cost of Acquisition of our Promoters and the Selling Shareholders' on page 31 of the RHP; and (ii) the weighted average cost of acquisition in the chapter 'Summary of the Offer Document -Weighted average cost of acquisition of all Equity Shares transacted in the 3 years, 18 months and 1 year preceding the date of this Red Herring Prospectus' on page 32 of the RHP shall be updated as follows:

Average Cost of Acquisition of our Promoters and the Selling Shareholders

The average cost of acquisition per Equity Share for our Promoters and Selling Shareholders is:

Name	Number of Equity Shares acquired	Average Cost of Acquisition per Equity Share (in `)*
Promoters
Ajay Vallabhdas Dattani#	7,327,650	3.40
Anilkumar Vrajdas Dattani#	66,43,400	Nil
Dinesh Vrajdas Dattani#	68,71,700	Nil
Paresh Vrajlal Dattani#	7,012,600	3.51
Nimbus Trust^	10,475,000	Nil
D&G Family Trust^	10,475,000	Nil
A&J Family Trust^	10,475,000	Nil
P&B Family Trust^	10,475,000	Nil

#Also, the Selling Shareholders.

^Equity Shares held jointly with certain Promoters and certain members of Promoter Group.

* As certified by Jain Tripathi & Co, Independent Chartered Accountant, pursuant to a certificate dated December 17, 2024.

The above Notice should be read in conjunction with the RHP and accordingly references in the RHP stand updated pursuant to this Notice. The information in this Notice supplements the RHP and updates the information in the RHP as applicable. Investors should read this Notice in conjunction with the RHP before making any investment decisions in the Offer. This Notice does not reflect all the changes that have occurred between the date of filing of the RHP and the date hereof, and accordingly does not include all the changes and / or updates which shall be included in the Prospectus. Please note that the information included in the Red Herring Prospectus will be suitably updated, including to the extent stated in this Corrigendum, as may be applicable, in the Prospectus, as and when filed with the RoC, SEBI and the Stock Exchanges

BOOK RUNNING LEAD MANAGERS

REGISTRAR TO THE OFFER

COMPANY SECRETARY AND COMPLIANCE OFFICER

DAM Capital Advisors Limited One BKC, Tower C, 15th Floor, Unit No. 1511, Bandra Kurla Complex, Bandra (East), Mumbai - 400 051, Maharashtra, India

Tel: +91 22 4202 2500;

E-mail: Sanathan.ipo@damcapital.in Website: https://www.damcapital.in Investor Grievance E-mail: complaint@damcapital.in Contact person:

Arpi Chheda

SEBI registration number:

MB/INM000011336

ICICI Securities Limited

ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai -400025, Maharashtra, India

Tel: +91 22 6807 7100;

E-mail: sanathan.ipo@icicisecurities.com Website: https://www.icicisecurities.com

Investor Grievance E-mail: customercare@icicisecurities.com Contact person:

Gaurav Mittal / Abhijit Diwan SEBI registration number: INM000011179

KFin Technologies Limited

(formerly known as KFin Technologies Private Limited)

Selenium, Tower B, Plot No. 31 and 32, Gachibowli, Financial District, Nanakramguda, Serilingampally, Hyderabad - 500 032, Telangana, India

Tel: +91 40 6716 2222;

E-mail: stl.ipo@kfintech.com Investor Grievance E-mail: einward.ris@kfintech.com Website: https://www.kfintech.com; Contact person:

M. Murali Krishna

SEBI registration number:

INR000000221

Dsouza Jude Patrick SANATHAN TEXTILES LIMITED

D-15, Trade World Building

Kamala Mills Compound, Senapati Bapat Marg, Lower Parel, Mumbai 400013 Maharashtra Telephone: +91 22 6634 3312;

E-mail: investors@sanathan.com

Website: https://www.sanathan.com

Investors may contact our Company Secretary and Compliance Officer, or the Registrar to the Offer in case of any pre-Offer or post-Offer related problems, grievances including non-receipt of letters of Allotment, non-credit of Allotted Equity Shares in the respective beneficiary account, non-receipt of refund orders or non-receipt of funds by electronic mode, etc. For all Offer related queries and for redressal of complaints, investors may also write to the BRLMs.

All capitalized terms used in this Notice shall, unless the context otherwise requires, have the same meaning as ascribed in the RHP.

Name of Promoter Group Selling Shareholders	Number of Equity Shares Held	Average cost of acquisition per share (in `)*
Sonali Ajaykumar Dattani	168,000	30.36
Vajubhai Investments Private Limited	18,000	5.56
Vallabhdas Dattani HUF	18,000	5.56
Dattani Dineshkumar Vrajdas HUF	18,000	5.56
Beena Paresh Dattani	1,28,400	Nil
Anilkumar Vrajdas Dattani HUF	69,900	Nil
Pareshkumar V Dattani HUF	1,11,330	Nil
Jayshree Anilkumar Dattani	4,400	Nil
Ajay Kumar V Dattani HUF	600	1.67
Vallabhdas Dattani	1,33,450	Negligible

All capitalised terms used herein and not specifically defined shall have the same meaning as ascribed to them in the RHP.

For SANATHAN TEXTILES LIMITED

On behalf of the Board of Directors

Sd/-

*As certified by Jain Tripathi & Co, Independent Chartered Accountant, pursuant to a certificate dated December 17, 2024.

Period	Weighted average cost of acquisition per Equity Share (in `)^	Cap Price is 'x' times the weighted average cost of acquisition^	Range of acquisition price per Equity Share: lowest price -highest price (in `)^
Last one year preceding the date of this Red Herring Prospectus	321.00	1	321.00
Last 18 months preceding the date of this Red Herring Prospectus	321.00	1	321.00
Last three years preceding the date of this Red Herring Prospectus	321.00	1	321.00

Weighted average cost of acquisition of all Equity Shares transacted in the 3 years, 18 months and 1 year preceding the date of this Red Herring Prospectus Place: Dadra & Nagar Haveli, Silvassa Dsouza Jude Patrick Date: December 17, 2024 Company Secretary & Compliance Officer SANATHAN TEXTILES LIMITED is proposing, subject to receipt of requisite approvals, market conditions and other considerations, to make an initial public offer of its Equity Shares and has filed a red herring prospectus dated December 13, 2024 with the RoC. The RHP is made available on the website of the SEBI at https://www.sebi.gov.in as well as on the website of the BRLMs i.e., DAM Capital Advisors Limited at https://www.damcapital.in and ICICI Securities Limited at https://www.icicisecurities.com, the website of the NSE at https://www.nseindia.com and the website of the BSE at https://www.bseindia.com and the website of the Company at https://www.sanathan.com. Any potential investor should note that investment in equity shares involves a high degree of risk and for details relating to such risks, please see the section "Risk Factors" beginning on page 34 of the RHP. Potential investors should not rely on the DRHP for making any investment decision but should only rely on the information included in the RHP filed by the Company with the RoC.

The Equity Shares offered in the Offer have not been, and will not be, registered under the U.S. Securities Act and may not be offered or sold within the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws. Accordingly, the Equity Shares are only being offered and sold outside the United States in "offshore transactions" as defined in and in reliance on Regulation S under the U.S. Securities Act and the applicable laws of the jurisdictions where such offers and sales are made. There will be no public offering of securities in the United States.

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