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| Exchange Received Time 03/05/2018 20:09:28 Exchange Disseminated Time 03/05/2018 20:09:35 Time Taken 00:00:07 | This is with reference to the captioned subject, we would like to inform you that, Mr. Shankarlal Agarwal (Promoter and Erstwhile Managing Director) sold his 59,000 and 54,000 equity shares of Rs. 2/- each, on 30th April 2018 and 2nd May 2018 respectively. He intimated to the Company on 2nd May 2018 and 3rd May 2018. The transactions executed by Mr. Shankarlal Agarwal were without filling of pre-requisite disclosures, as require under the Code of Conduct for Prevention of Insider Trading of the Company.
The disclosures received from Mr. Shankarlal Agarwal have been enclosed as an Annxure I (Disclosure dated 30th April 2018) and Annexure II (Disclosure dated 2nd May 2018).
You are requested to take the same on record.
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