These shares were acquired through market purchase and the date of acquisition in October 21, 2003.
After acquisition, Rakesh Jhunjhunwala holds 8,13,258 shares in the company, which amounts to 13.026 per cent of the total paid up capital of the company.
Karur Vysya Bank has informed the National Stock Exchange that Rakesh Jhunjhunwala, along with the persons acting in concert, have on October 21, 2003 acquired 25,388 shares accounting to 0.141 per cent of the total paid up capital of Karur Vysya Bank.
These shares were acquired through market purchase. After the acquisition, Jhunjhunwala will hold 8,99,501 shares accounting to 5.003 per cent of the total paid up capital of the bank.
