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Exchange Received Time  22/11/2018 16:55:56 Exchange Disseminated Time 22/11/2018 16:56:02 Time Taken 00:00:06 | This is to inform you that, the Board of Directors of the Company ('Board') has received a request from Mr. Nawal Kishore Singh, son of Mr. Samprada Singh and brother of Mr. Satish Kumar Singh and Mr. Balmiki Prasad Singh, Promoters of the Company, holding 43,11,060 equity shares of the Company (3.61% of total paid up equity share capital) for reclassifying his shareholding in the Company from the 'Promoter Group' category to the 'Public' shareholding category, in accordance with the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), Regulations, 2015 ('Listing Regulations') as amended and any rules, regulations and guidelines applicable in this regard. The letter is being reviewed by the Company. Upon determining the eligibility of the request, the Board will decide appropriately based on the merits of the request and determine the appropriate next steps in accordance with the Listing Regulations. The Company shall inform the stock exchanges on the decision made by the Board, in this regard. Kindly take the same on record. |
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