Aryaman Financial Services (Manager to the Open Offer) on behalf of Gautam Bhandari and Jayantilal Bhandari (Acquirers) has informed Offer Opening Public Announcement to the Equity Shareholders of Arun Varun Trade and Investment (Target Company), in compliance with Regulation 18(7) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as amended (SEBI (SAST) Regulations, 2011) in respect of Open Offer to acquire 1,04,000 Equity Shares of the face value of Rs 10 each, constituting 26% of the Equity Share capital of the Target Company on a fully diluted basis at a price of Rs 783 per fully paid-up Equity Share (the Offer Price). This Offer Opening Public Announcement is to be read with Public Announcement dated August 24, 2015 (PA) along with the Detailed Public Statement (DPS) published on August 31, 2015 with respect to the aforementioned Offer.
The above information is a part of company’s filings submitted to BSE.
Company Name | CMP |
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Bajaj Finserv | 1585.60 |
Paul Merchants | 880.10 |
Data Infrastructure | 140.10 |
IIFL Finance | 397.00 |
Embassy Office Parks | 348.21 |
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