Pursuant to Regulation 10(6) read with Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 2011 (Takeover Regulations) we have received and transferred 81 00 000 (Eighty Five Lakhs) Equity Shares of Housing Development and Infrastructure Limited from Mrs. Malti Wadhawan Promoter of HDIL.
This being an inter-se transfer of shares amongst Promoters the same falls within exemptions under Regulations 10(1)(a)(ii) of Takeover Regulations.
In this connection the necessary disclosure under Regulation 10(6) for the aforesaid transfer in the prescribed format is enclosed herewith for your information and records.
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