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| Exchange Received Time 23/06/2017 18:12:37 Exchange Disseminated Time 23/06/2017 18:12:44 Time Taken 00:00:07 | Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform you that Crest Ventures Limited ('CVL') has acquired 6,00,000 (Six lakh) Equity Shares of Crest Wealth Management Private Limited ('CWMPL'), its Subsidiary Company, from Mr. Mitesh Shah at a total consideration of Rs. 43,20,000/- (Rupees Forty Three Lakh Twenty Thousand only) on June 23, 2017. Consequent to the said acquisition, the equity holding of CVL in CWMPL has increased from 52% to 62%.
Disclosure in terms of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD/4/2015 dt. September 09, 2015 is enclosed herewith as Annexure I.
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