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| Exchange Disseminated Time | B2B Software Technologies Ltd has informed BSE that pursuant to the permission accorded by Securities Exchange Board of India (SEBI) in terms of its Letter dated May 03, 2013, the Company is furnishing the following information:
1. One of the promoter of the Company is willing to sell his shares in the Secondary Market to comply with the MPS requirement.
2. Dr. Murthy Mutyala is proposing to disinvest his shareholding to comply with the MPS requirement.
3. As per the requirement of MPS only 18,000 shares have to be divested, however Dr. Murthy Mutyala is proposing to divest 50,000 Shares from his present shareholding in the Company
4. The disinvestment to meet the requirement of MPS is expected to be completed on or before June 03, 2013. |
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