INDIA SECURITIES LTD. - Updates

With reference to the earlier announcements dated July 01, 2011 and August 18, 2011, India Securities Ltd has now informed BSE that ETHL Communications Holdings Ltd., a wholly owned subsidiary of the Company, has completed the sale of balance stake i.e. 5.485% in the equity capital of Vodafone India Limited (formerly Vodafone Essar Limited) to Piramal Healthcare Limited, in terms of agreement entered with Vodafone Group.