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| Exchange Received Time 25/10/2017 18:02:48 Exchange Disseminated Time 25/10/2017 18:02:55 Time Taken 00:00:07 | Further to our letter dated 8th September 2017, We wish to inform the Exchange that Nitesh Pune Mall Private Limited, subsidiary of the company company is in discussion with certain investors for raising capital of over Rs. 350 Cr., which is expected to get concluded by end of November 2017.
At this stage, there is no definitive agreement with any party. As and when the same is finalised we will inform the Exchange appropriately.
As there are speculation in the market, we would like to keep the exchange updated in this regard. |
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