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Feb 16 2013, 01:35 IST

prospects,” the investment bank said on Friday.

ICICI releases 11.04% of DB Realty’s pledged shares

Mumbai-based real estate developer DB Realty informed the BSE on Friday that ICICI Bank UK Plc has released 11.04% of the shares pledged with the lender after DB repaid a portion of the ‘financial facility’ that a group company had earlier availed. DB had earlier pledged shares representing 39.98% of the existing paid-up capital of the company, it said in the notice.

A clarification

In the report ‘Wipro out of Nifty from April 1’, the second paragraph makes an erroneous mention of the term ‘delisting’. It is only a short-term withdrawal as the copy goes on to say later. The error is regretted.

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