Arihant Capital Markets (‘Manager to the Open Offer’) has submitted a copy of recommendation of Committee of Independent Directors (IDC) on the Open Offer to the Equity Shareholders of Neelkanth Technologies (‘Target Company’) by Harpreeet Singh Kalra, Sanjay Dhir, Sanjeev Kumar and Satish Kumar (‘Acquirers’) along with Preet Remedies Private (‘PAC’) for acquisition of 1,612,004 equity shares under Regulations 3(2) and 4 of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (‘SEBI SAST Regulations’).
The above information is a part of company’s filings submitted to BSE.
