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Ganesh Benzoplast informs about updates on open offer

18 May 2016 Evaluate

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 Ganesh Benzoplast (Target Company / TC) by Rishi Ramesh Pilani, (Acquirer) along with Persons Acting in Concert Tarang Advisory Private, Gul Kewalram Bijlani and Dinesh P Thapar (hereinafter collectively referred as PACs) for acquisition of up to 1,34,63,917 Equity Shares under Regulation 26(7) 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.

Peers
Company Name CMP
Godrej Industries 1021.20
SRF 2490.00
BASF India 3411.40
Pidilite Inds. 1470.00
Tata Chemicals 607.90
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