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| Exchange Received Time 08/11/2017 18:02:31 Exchange Disseminated Time 08/11/2017 18:02:38 Time Taken 00:00:07 | This is to inform that the Board of Directors of Bloom Industries Limited ('Company'), in its meeting held on November 8, 2017 has noted that pursuant to the Share Purchase Agreement dated August 23, 2017, the acquirers, namely, Mr. Rajendra Prasad Gupta and Mr. Akash Gupta have today acquired a total of 9,05,500 fully paid up equity shares of face value of Rs. 10 each at Rs. 3.75 per share, through off market transfers, representing 19.24% of the total outstanding, issued and fully paid up equity share capital of the Company (excluding 6,44,000 forfeited shares which do not carry any voting rights), from the existing promoters of the Company.
Further, the board concluded other matters as explained in the attached document |
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