Corporate Professionals Capital (‘Manager to the Offer’), has submitted the Public Announcement on behalf of J.K. Traders (‘Acquirer 1’), and Sushila Devi Singhania (‘Acquirer 2’) for the Shareholder of Jaykay Enterprises ( Target Company) to acquire 9,655,036 Equity Shares constituting 26.00% of the present issued subscribed and paid-up equity share capital of the Jaykay Enterprises (‘Target Company’) at a price of Rs 5.25 for each equity share of the Target Company, pursuant to, and in compliance with, amongst others, Regulation 3(1) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 and subsequent amendments thereto (‘SEBI (SAST) Regulations’).
The above information is a part of company’s filings submitted to BSE.
