Arun Varun Trade & Investment has submitted a copy of Recommendations of the Committee of Independent Directors (IDC) of Arun Varun Trade investment (AVTIL or Target Company) in relation to the Open Offer made by Gautam Bhandari and Jayantilai Bhandari (Acquirers) to the public shareholders, for acquisition of 1,04,000 Equity Shares under Regulation 26(7) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 and subsequent amendments thereto (SEBI (SAST) Regulations).
The above information is a part of company’s filings submitted to BSE.
