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| Exchange Received Time 23/03/2017 17:30:08 Exchange Disseminated Time 23/03/2017 17:30:12 Time Taken 00:00:04 | | The Board of Directors of the company at its meeting held on March 23, 2017, inter alia has approved: Transfer of 51% of the shareholding of subsidiary company, M/s Rishi Reality Leasing Services Private Limited to Cerestra Infrastructure Trust pursuant to the shareholders resolution passed through Postal Ballot dated November 15, 2015 is hereby effected. Dr. Vinay Jain and/or Dr. Raina Jain are authorized to sign the Share Purchase Agreement and to execute such other transaction documents that may be required to be executed to give effect to the above transaction. |
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