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| Exchange Disseminated Time 03/11/2016 17:42:00 | | Parsvnath Developers Ltd has informed BSE that the Company has, pursuant to a Securities Purchase Agreement, acquired 1,60,101 Class A Shares, 5,61,951 Class B Shares and 75,78,264 Fully Convertible Debentures of Parsvnath Landmark Developers Private Limited (PLDPL), a subsidiary Company and SPV implementing the project for development of a residential project at Khyber Pass, Civil Lines, Delhi from Sterling Pathway, Mauritius, consequent upon which PLDPL has become a wholly owned subsidiary of the Company. |
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