Sub: Intimation Under Regulation 10(6) Of SEBI (Substantial Acquisition Of Shares And Takeovers) Regulations, 2011 Ref: Our Letter Dated March 16, 2017 For Interactive Multimedia Technologies Private Limited Target Company: Housing Development And Infrastructure Limited

• Security Code: 532873
• Company: HDIL

Pursuant to Regulation 10(6) read with Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 ('Takeover Regulations'), we have received and transferred 1,46,36,916 (One Crore Forty Six Lac Thirty Six Thousand and Sixteen) Equity Shares of Housing Development and Infrastructure Limited from Mr. Rakesh Kumar Wadhawan, Promoter of HDIL. 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(6) for the aforesaid transfer in the prescribed format is enclosed herewith for your information and records.