The Company has acquired entire Redeemable Optionally Convertible Cumulative Preference Shares (ROCCPS) and Compulsorily Convertible Preference Shares (CCPS) of DB BKC (i.e. approx. 9.18% to total share capital of DB BKC) being held by Trinity Capital (Ten) Ltd. Mauritius ("Seller") on the terms and conditions as agreed.
Post-acquisition of aforesaid shares by the Company, total shareholding of the Company in DB BKC will increase to 66.35% to total share capital of DB BKC. The Company holds convertible instruments which it may convert in due course of time.