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| Exchange Received Time 21/06/2017 19:09:48 Exchange Disseminated Time 21/06/2017 19:09:53 Time Taken 00:00:05 | Pursuant to Regulation 30 read with Schedule III (Part A) and any other applicable provision of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to intimate you that Prime Urban Development India Limited ('PUDIL') at their Adjourned Board Meeting held on June 21, 2017 has agreed to acquire 58,02,925 Equity Shares of Rs. 10/- each at a premium of Rs. 60.71/- per share constituting 100% of the paid up equity share capital of New Line Buildtech Pvt. Ltd ('NLBPL'), a Private Limited Company incorporated under the Companies Act, 1956. NLBPL will become a wholly owned subsidiary of PUDIL as and when the share acquisition/transfer process is completed.Further details are mentioned in the attachment.
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