In furtherance to intimation dated March 25, 2018 in respect of sale of Companys stake in its wholly owned subsidiaries, namely Selene Estate Limited and Airmid Infrastructure Limited (owning residential assets at Chennai) to a third party investor, for an aggregate consideration of Rs. 285 Crores (Transaction), please be informed that with the satisfactory completion of closing conditions, the Transaction was concluded on March 29, 2018.
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