Corporate Announcement
Security Code : 532832    Company : EMBDL    
 
Update On Sale Of Chennai AssetsDownload PDF Download XBRL
  Exchange Received Time  30/03/2018 16:42:52         Exchange Disseminated Time   30/03/2018 16:43:01              Time Taken   00:00:09
In furtherance to intimation dated March 25, 2018 in respect of sale of Company's stake in its wholly owned subsidiaries, namely Selene Estate Limited and Airmid Infrastructure Limited (owning residential assets at Chennai) to a third party investor, for an aggregate consideration of Rs. 285 Crores ('Transaction'), please be informed that with the satisfactory completion of closing conditions, the Transaction was concluded on March 29, 2018.

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