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Chartered Finance Management informs about updates on Open Offer

03 Jul 2015 Evaluate

Chartered Finance Management (‘Manager to the Offer’) has submitted a copy of Recommendations of the Committee of Independent Directors (‘IDC’) of Sanmit Infra Limited (‘Target Company’) in relation to the open offer (‘Offer’) made by Sanjay K Makhija, (the Acquirer) and Haresh K Makhija, Dinesh K Makhija, Kamal K Makhija, Kanayalal C Makhija and Rhea Makhija (PACs) to the public shareholders of the Target Company (‘Shareholders’) under Regulation 3(1) & (4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as amended (‘Regulations’).

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

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