This is to inform you that a share purchase agreement has been executed amongst Lebnitze Real Estates Private Limited ('Acquirer'), Mr Ajit Khandelwal ('Seller 1'), Mr Sanjeev Kumar Khandelwal ('Seller 2'), M/s R S Khandelwal HUF ('Seller 3'), Mrs Kalpana Khandelwal ('Seller 4'), Mrs Sangita Khandelwal ('Seller 5'), BNK Securities Private Limited ('Seller 6'), Asian Securities Exchange Private Limited ('Seller 7'), Patrex Vyapaar Private Limited ('Seller 8') and together with Sellers 1 to 7 to be referred to as ('Sellers') and the BNK Capital Markets Limited ('Company') on 30th March 2021 ('SPA'), whereby the Sellers have agreed to transfer and the Acquirer has agreed to acquire 59,68,857 equity shares representing 59.69% of the equity share capital of the Company, subject to the terms and conditions set out in the SPA. The board of directors of the Company, at its meeting held on 30th March 2021 approved the execution of the SPA and incidental matters.
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