Acquisition of shares in Indi

RNS Number : 0986A

KSK Power Ventur PLC

26 January 2011

 



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	[phone]
Arden Partners plc                                                  Richard Day / Adrian Trimmings	[phone]
Financial Dynamics                                                        Jonathan Brill / Ed Westropp	[phone]

 

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