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| Exchange Received Time 09/08/2018 14:04:15 Exchange Disseminated Time 09/08/2018 14:04:25 Time Taken 00:00:10 | | Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby informed to you that, the Company has signed a Term Sheet with Indian Highways Developers Pte. Ltd. (the Buyer) on August 4, 2018 (received by us on August 7, 2018) in respect of divestment of its total stake in 6 (Six) of the following Subsidiary Companies (SPVs) viz. (1) MEP Nagpur Ring Road 1 Private Limited (2) MEP Sanjose Nagpur Ring Road 2 Private Limited (3) MEP Sanjose Arawali Kante Road Private Limited (4) MEP Sanjose Kante Waked Road Private Limited (5) MEP Sanjose Talaja Mahuva Road Private Limited and (6) MEP Sanjose Mahuva Kagavadar Road Private Limited. |
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