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| Exchange Received Time 13/07/2017 17:26:00 Exchange Disseminated Time 13/07/2017 17:26:05 Time Taken 00:00:05 | Sub: Sale of residual equity shares in Bangalore International Airport Ltd.
Ref: BSE Scrip Code: 532708, NSE Scrip Code: GVKPIL and Regulation 30 of SEBI (LODR) Regulations, 2015
Our earlier intimation letter dated 02-06-2017
Further to our earlier disclosure dated 02-06-2017 on the captioned subject, this is to inform you that we have obtained all the necessary consents / approvals as may be required including from the lenders for the sale of residual 10% stake in Bangalore International Airport Limited (BIAL) to FIH Mauritius Investments Ltd and/or its affiliates at an aggregate consideration of Rs.1,290 Crore.
Now this sale transaction is completed in all respects. A press release, being issued in this regard, is enclosed for your information and record.
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