Arihant Capital Markets (‘Manager to the Offer’) on behalf of Rashmi Ravi Sharma, Sanjaykumar Rameshbhai Bhalani and Jignesh B. Rajpara (‘Acquirers’) has submitted a Copy of Offer Opening Public Announcement for the attention of the Equity Shareholders of CHPL Industries (‘Target Company’), pursuant to Regulation 18(7) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations 2011, as amended (‘SEBI SAST Regulations’) in respect of Open Offer to acquire up to 7,92,113 Equity Shares, constituting 26% of the fully diluted voting Equity Share Capital of Target Company. The Detailed Public Statement (‘DPS’) with respect to the aforementioned Offer was published on March 14, 2016.
The above information is a part of company’s filings submitted to BSE.
