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| Exchange Received Time 16/05/2018 17:28:51 Exchange Disseminated Time 16/05/2018 17:29:01 Time Taken 00:00:10 | Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform you that Crest Ventures Limited ('CVL') has entered into a Share Purchase Agreement (SPA) on May 15, 2018 for acquiring a stake of 48% held by Prebon Holdings BV in Tullett Prebon (India) Limited ('TPIL'), its Subsidiary Company at a total consideration of Rs. 4.52 Crores subject to the regulatory approvals. Subsequent to the above acquisition, the equity holding of CVL will increase from 51.99% to 99.99%.
Disclosure in terms of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD/4/2015 dt. September 09, 2015 is enclosed herewith as Annexure I.
We request you to kindly take the above information on your records. |
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