Ikab Securities & Investment has informed that the Company has entered into a Share Purchase Agreement (SPA), with Parthasarathi Investment Advisors (PIAPL) in connection with the investment by the Company in Destination Properties (DPPL) by way of the acquisition of 100% equity shares of DPPL from PIAPL. The disclosure as required under Schedule III of the SEBI LODR Regulations, read with SEBI Circular No. CIR/CFD/CMD/4/2015, dated 9 September 2015, is attached herewith and marked as Annexure A to this letter.
The above information is a part of company’s filings submitted to BSE.
