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| Exchange Received Time 28/08/2019 16:48:39 Exchange Disseminated Time 28/08/2019 16:48:43 Time Taken 00:00:04 | Please find enclosed a press release in relation to an agreement executed by the Company to sell its investment in L&T Capital Markets Limited, its wholly owned subsidiary (carrying on the Indian wealth management business) to IIFL Wealth Finance Limited. IIFL Wealth Finance Limited may acquire L&T Capital Markets Limited solely or jointly with a wholly owned subsidiary of IIFL Wealth Management Limited.
The said press release will also be available on the website of the Company i.e., www.ltfs.com/investors.html.
Further, the details as required under Regulation 30 of the Listing Regulations read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015 are given in Annexure A.
As per the SEBI (Prohibition of Insider Trading) Regulations, 2015 and the Securities Dealing Code of the Company, the trading window for dealing in the securities of the Company is closed for the Connected Persons/Designated Persons of the Company from August 28, 2019 till August 30,2019. |
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