Disinvestment/sale of up to 80% (eighty percent) of the paid-up share capital of Raddef Private Limited ('Raddef'), a non-material subsidiary of HFCL in which as of date, HFCL owns 90% (ninety percent) of the paid-up share capital, to HASPL for consideration of ?75 Crore (Indian Rupees Seventy-Five Crore only), pursuant to a share purchase agreement ('SPA') executed by and amongst HFCL, Raddef and HASPL, subject to completion of the conditions precedent set out under the SPA.