With reference to email dated 10th October, 2018 received from BSE and 16thOctober, 2018 received from NSE and the telephonic discussion with their listing compliance team, Mandhana Retail Ventures has informed about submission of disclosure in terms of Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 on account of transfer of 3,00,000 equity shares of the undersigned held in The Mandhana Retail Ventures to Vayoonandan Finance Co. on 3rd October, 2018 as a collateral for the credit facility availed by Manish B. Mandhana.
The above information is a part of company’s filings submitted to BSE.