GSB FINANCE LTD. received an intimation regarding inter-se transfer of shares between promoters, which falls under the exemption provided by Regulation 10(1)(a)(ii) of the SESI (SAST) Regulations, 2011. Consequent to the transaction, Mr. Ramakant Biyanis Equity Shareholding in the Company will be 14,74,250 equity shares and the Transferors Shareholding will be NIL. The Aggregate holding of Promoter and Promoter Group before and after the above inter-se transaction remains the same.