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| Exchange Received Time 03/09/2018 14:19:28 Exchange Disseminated Time 03/09/2018 14:19:34 Time Taken 00:00:06 | This is further to our letter dated 25th May, 2018 and 13th August, 2018 on the above subject. In this connection we would like to inform you that the Company on 1st September, 2018 has transferred its entire stake held in DigiVive Services Private Limited ('DSPL') to Infotel Business Solutions Limited (IBSL) in terms of Share Purchase Agreement signed on 13th August, 2018. Pursuant to above DSPL has ceased to be a wholly owned subsidiary of the Company w.e.f 1st September, 2018.
The above is for your information and records.
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