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Exchange Received Time  23/03/2017 18:44:29 Exchange Disseminated Time 23/03/2017 18:44:32 Time Taken 00:00:03 | 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. |
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