KDDL has informed that the Company has acquired 138,500 fully paid equity shares of Rs 10 each at a price of Rs 250 per share from the existing shareholders of Ethos. Post the above acquisition, consolidated shareholding of KDDL (directly and indirectly through its subsidiary, Mahen Distribution) in Ethos will increase from 73.56% to 74.32%.
The above information is a part of company’s filings submitted to BSE.