Corporate Announcement
Security Code : 539126    Company : MEP    
 
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  Exchange Received Time  30/03/2017 20:40:38         Exchange Disseminated Time   30/03/2017 20:40:43              Time Taken   00:00:05
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 transferred Equity Shares of MEP Infrastructure Developers Limited aggregating to 53920591 (Five Crores Thirty Nine Lakhs Twenty Thousand Five Hundred Ninety One Only) Equity Shares more particularly described under enclosed disclosure under the said Takeover Regulations.This being an 'inter-se' transfer of shares amongst Immediate Relative(s) and between Holding Company and its Subsidiary Company, the same falls within the exemptions under Regulations 10(1)(a)(i) and (iii) of the Takeover Regulations.The Acquirers and sellers are part of the promoter and promoter group and also covered under the category of immediate relative(s). The aggregate shareholding of the promoter and promoter group and immediate relative(s) prior to the transfers and after the transfers have remain unchanged.
 

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