Shriram EPC Ltd has informed BSE that "M/s Galleon Special Opportunities Funds SPC Ltd. (GSOF) was holding 20,00,000 equity shares 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.
We would also wish to inform you that AVOF presently are holding 13,86,357 equity shares of Rs.10/- each representing 3.19% of the total paid up capital of the Company. With this acquisition of 9,98,700 equity shares, they are currently holding 5.46% of the total paid up capital of the Company".