MoneyWorks4Me

Inditrade Capital informs about updates on open offer

10 Feb 2016 Evaluate

IL&FS Capital Advisors (the ‘Manager to the Offer’) has submitted to a Copy of Final Letter of Offer about Open offer for acquisition of up to 26% of the Emerging Voting Capital of Inditrade Capital (‘Target Company’) from the Public Shareholders by Sudip Bandyopadhyay (‘Acquirer 1’), Juno Moneta Technologies Private (the ‘Acquirer 2’) and A. T. Invofin India Private Limited (the ‘Acquirer 3’) (‘Acquirers’) under the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 2011, as amended (‘SEBI (SAST) Regulations) (‘Open Offer’/ ‘Offer’).

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

Peers
Company Name CMP
Bajaj Finserv 1757.65
TVS Holdings 12444.75
Cholamandalam Fin. 1395.05
Altius Telecom Infra 175.00
Kama Holdings 2205.00
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