26th Jan 2011 07:54
26 January 2011
KSK Power Ventur plc("KSKPV")
Acquisition of shares in Indian Subsidiary
KSK Power Ventur plc (KSK.L), the power project company listed on the London Stock Exchange, with interests in multiple power plants and businesses across India, is pleased to announce the consolidation of its holdings in its subsidiary, KSK Energy Ventures Limited ("KSKEV"), the equity shares of which are listed and traded on the National Stock Exchange of India Limited ("NSE") and the Bombay Stock Exchange Limited ("BSE") from the existing 52.78% to 54.94% through the further acquisition of 8,000,000 equity shares. Following the acquisition, KSK Power Ventur holds 204,706,586 equity shares in KSKEV.
Full details of the KSKEV announcement regarding change in holdings are available from the KSK section of the NSE website (www.nseindia.com) and the BSE website (www.bseindia.com).
For further information, please contact:
KSK Power Ventur plc Mr. S. Kishore, Executive Director Mr. K. A. Sastry, Executive Director
| +91 40 2355 9922 |
Arden Partners plc Richard Day / Adrian Trimmings
| +44 (0)20 7614 5900 |
Financial Dynamics Jonathan Brill / Ed Westropp
| +44(0)20 7831 3113 |
Related Shares:
KSK.L