This is to inform you that Multibase S.A, the Promoter of Multibase India Limited (MIL), made an Offer for Sale through the Stock Exchange Mechanism in accordance with the SEBI Circular and guidelines to dilute its shareholding to comply with the requirements of Minimum Public Shareholding to 75% in accordance with Regulation 38 of the SEBI (Listing Obligations and Disclosure Requirements), 2015 with the Stock exchanges. The offer for sale was made on December 13, 2017 for 800 equity shares (0.0063% of equity share capital) of Multibase India Limited through Bombay Stock Exchange (BSE). The Offer for sale was completed successfully on 15th December 2017 and BSE approved the sale of 800 shares to the 6 bidders.
Accordingly the shareholding of Mulitbase S.A. (the Promoter) is reduced to 75.00% from 75.0063%.
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