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Arihant Capital Markets informs about Post Open Offer Status

06 Jul 2015 Evaluate

Arihant Capital Markets (‘Manager to the Open Offer’) on behalf of (a) Vasudev Fatandas Sawlani; (b) Murli Fatandas Sawlani; (c) Harish Fatandas Sawlani; (d) Priya Vasudev Sawlani; (e) Disha Murlidhar Sawlani; and (f) Reena Harish Sawlani (‘Acquirers’) has informed this Post Offer Announcement to the Shareholders of Wheel & Axle Textiles (‘Target Company’), pursuant to Regulation 18 (12) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations 2011, as amended (SEBI SAST Regulations) in respect of Open Offer to acquire 1,25,500 Equity Shares, constituting 25.10% of the voting Equity Share Capital (the Offer1) of the Target Company. The Detailed Public Statement (‘DPS’) with respect to the aforementioned Offer was published on April 22, 2015.

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

 

Arihant Capital Mkt. Share Price

70.98 -1.38 (-1.91%)
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