Arihant Capital Markets (‘Manager to the Offer’) has submitted a Copy of Recommendation of Committee of Independent Directors (IDC) on the Open Offer to the Equity Shareholders of CHPL Industries (‘Target Company/TC’) by Mrs Rashmi Ravi Sharma, Sanjaykumar Rameshbhai Bhalani and Jignesh B. Rajpara (‘the Acquirers’) for acquisition of 7,92,113 Equity Shares under Regulations 3(2) and 4 of Securities & Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (‘SEBI SAST Regulations’).
The above information is a part of company’s filings submitted to BSE.
