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Exchange Received Time  17/03/2017 18:29:10 Exchange Disseminated Time 17/03/2017 18:29:10 Time Taken 00:00:00 | Pursuant to Regulation 10(5) read with Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 ('Takeover Regulations'), this is to inform you that Mr. Rakesh Kumar Wadhawan, being a person named as Promoter in the Prospectus and in the Shareholding Pattern filed with the Stock Exchange i.e. Bombay Stock Exchange and National Stock Exchange of India, intends to transfer 1,46,36,915 (One Crore Forty Six Lac Thirty Six Thousand and Fifteen) Equity Shares of Housing Development and Infrastructure Limited to the Company, also a person named as part of Promoter in the Prospectus and in the Shareholding Pattern filed with the Stock Exchange(s).This being an 'inter-se' transfer of shares amongst Promoters, the same falls within exemptions under Regulations 10(1)(a)(ii) of Takeover Regulations.In this connection, the necessary disclosure under Regulation 10(5) for the aforesaidtransferintheprescribedformatisenclosed herewithforyourinformationandrecords. |
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