Batliboi has informed that Securities and Exchange Board of India vide order no. WTM/PS/71/CFD/OCT/2015 dated October 19, 2015 had directed the ‘Promoters’ of Batliboi to transfer the excess shareholding of 1,932,000 equity shares of face value of Rs 5 each of Batliboi to achieve the Minimum Public Shareholding as per clause 40A(ii)(g) of the Listing Agreement. Further the Company has informed that, the Promoters of Batliboi have complied with the SEBI order and transferred 1,932,000 equity shares of face value of Rs 5 each of Batliboi in the name of ‘Karunya Trust’ having its Demat Account with Corporation Bank, Mumbai. In view of above, the compliances as per clause 40A (ii) (g) of the Listing Agreement have been complied as per the SEBI order no. WTM/PS/71 /CFD/OCT/2015 dated October 19, 2015.
The above information is a part of company’s filings submitted to BSE.
