Shriram Epc Limited has informed the Exchange that "M/s Galleon Special Opportunites Funds SPC Ltd. (GSOF) was holding 20,00,000 equity shres of Rs.10/- each in our Company representing 4.60%, of the paid-up capital of the Company. We have received a communication from National Securities Depository Ltd. (NSDL) dated 9th October, 2009 that GSOF had sold 9,98,700 equity shares to M/s Argonaut Ventures Opportunities Funds (AVOF) as a bulk deal. Further they have sold 9,50,000 equity shares of Rs.10/- each by way of bulk deal to Indea Long Term Opportunities Master Fund (ILTOMF) on 22nd October, 2009. We also wish to inform you that ILTOMF the acquire are currently holding 2.80% of the paid up capital of the Company".