KDDL has informed that the Company has acquired 2,50,000 fully paid equity shares of Rs 10 each at a price of Rs 200 per share from the existing shareholder of Ethos (Material Subsidiary of the Company. Post the above acquisition, consolidated shareholding of KDDL (directly and indirectly through its subsidiary, Mahen Distribution) in Ethos has increased from 75.08% to 76.45%.
The above information is a part of company’s filings submitted to BSE.