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Thursday, March 03, 2011

IEC Education Ltd: Intimation of Transfer of Shares- Promoter Category

IEC Education Ltd has informed BSE that the Company has received intimation from persons belonging to Promoter Category for transfer of shares of the Company in the following manner:

- Name of the transferor : Central Bank of India
- Category : Non- Promoter
- Name of the Transferee : Sneh Lata Gupta
- Category : Promoter
- No. of Shares : 4,38,500 (2.87% of total Paid Up Capital)
- Date of transfer : February 24, 2011

The shares have been transferred consequent to the Exemption granted by SEBI under Regulation 4 of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1992 vide order dated October 22, 2010.

By virtue of the above transfers, the Promoters' Shareholding has increased from 56.73 % to 59.60% of the Paid up capital of the Company.Read More

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