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| Exchange Received Time 16/08/2017 16:14:15 Exchange Disseminated Time 16/08/2017 16:14:22 Time Taken 00:00:07 | Dear Sir / Madam,
Pursuant to the regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform that the Company has entered into definitive agreement on August 16, 2017 for the divestment of its entire stake in L&T Cutting Tools Limited, a wholly-owned subsidiary, with IMC International Metalworking Companies B.V, a company owned by Berkshire Hathaway Inc. |
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