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Mark Corporate Advisors informs about Updates on open offer

11 Sep 2015 Evaluate

Mark Corporate Advisors (‘Manager to the Open Offer’) for and on behalf of Raghuveer Sakuru (Acquirer 1) and Anita Sakuru (Acquirer 2) (Acquirers) has informed this Offer Opening Public Announcement to the Shareholders of Nylofils India (‘Target Company’), pursuant to regulation 18(7) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulation, 2011 as amended [SEBI (SAST) Regulations], in respect of the Open Offer to acquire 14,26,300 fully paid-up Equity shares of Rs 10 each of the Target Company representing 26% of the Share Capital and 28.31% of the Voting Capital of the Target Company. The Detailed Public Statement (DPS) with respect to the Offer was published on June 03, 2015.

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

Peers
Company Name CMP
Vardhman Textiles 567.35
Welspun Living 207.80
Arvind 575.25
Raymond Lifestyle 693.70
K.P.R. Mill 1109.40
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