In accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that, Cloverdell Investment Ltd, an affiliate of Warburg Pincus group and Promoter of the Company has informed us that they propose to sale upto 20 Million equity shares held by them in the Company. This amounts to 20% (approx.) of the shareholding of the Company out of their total stake of 61% held in the Company. The transaction details will be submitted, once we receive the same from said Promoter. Please take the above on record and acknowledge receipt of the same.
|