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Matru-Smriti Traders informs about updates on open offer

06 Nov 2015 Evaluate

Matru Smriti Traders has submitted a copy of Recommendations of the Committee of Independent Directors (IDC) of Matru-Smriti Traders, (‘MSTL’ or ‘Target Company’) in relation to the Open Offer made by Abhishek Bansal (‘Acquirer’) to the public shareholders, for acquisition of 4,43,722 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.

Peers
Company Name CMP
Redington 356.35
Adani Enterprises 2731.05
Amrapali Industries 34.31
Maxgrow India 175.85
Rashi Peripheral 864.95
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