Pursuant to Regulation 10(5) read with Regulation 10(1)(a) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (Takeover Regulations), this is to inform you that Mr. Rakesh Kumar Wadhawan, being a person named as Promoter in the Prospectus and in the Shareholding Pattern filed with the Stock Exchange i.e. Bombay Stock Exchange and National Stock Exchange of India, intends to transfer 1,46,36,916 (One Crore Forty Six Lac Thirty Six Thousand and Sixteen) Equity Shares of Housing Development and Infrastructure Limited to the Company, also a person named as part of Promoter in the Prospectus and in the Shareholding Pattern filed with the Stock Exchange(s).This being an inter-setransfer of shares amongst Promoters, the same falls within exemptions under Regulations 10(1)(a)(ii) of Takeover Regulations.In this connection, the necessary disclosure under Regulation 10(5)fortheaforesaid transferintheprescribedformatisenclosedherewith for your information and records.
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