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| Exchange Received Time 30/06/2017 20:51:53 Exchange Disseminated Time 30/06/2017 20:51:58 Time Taken 00:00:05 | We have to advise that our Bank has sold 75,00,000 Equity Shares (entire Holdings) of Face Value of Rs. 10/- each of Kesoram Industries Ltd. at a price of Rs. 137/- each, today, June 30, 2017.
The Shares were acquired pursuant to exercise of Conversion Option on Optionally Convertible Redeemable Preference Shares on June 15, 2017.
Our Bank's shareholding in the Company thus stands at Nil.
In compliance with Regulation 46, the above information is being hosted on the Bank's website at www.indusind.com.
We request you to take the same on record.
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