Skip to main content

MoneyWorks4Me

Saffron Capital Advisors informs about Updates on Open Offer

05 Jun 2015 Evaluate

Saffron Capital Advisors, (‘Manager to the offer (manager)’), for and on behalf of the Fayaz Usman Faheed (‘Acquirer’) has informed this Detailed Public Statement (‘DPS’) to the Equity Shareholders of Onesource Techmedia (‘Target Company’), in compliance with regulation 13(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and subsequent amendments thereto, (Takeover Regulations), pursuant to the Public Announcement (PA) filed with BSE (stock exchange) on May 29, 2015, in terms of Regulations 3(1) and 4 of the Takeover Regulations. The PA was filed with the Securities and Exchange Board of India (SEBI) and sent to the target company on June 01, 2015 by way of Letters dated June 01, 2015, in terms of regulations 14(2) of the takeover Regulations.

The above information is a part of company’s filings submitted to BSE.