Akashdeep Metal Industries has informed that the Committee of Independent Directors at its meeting held today, Wednesday 28th February, 2018 has discussed, analysed and reviewed that the open offer given by the Acquirers and PACs pursuant to Public Announcement dated 28th August 2017, Detailed Public Statement dated 4th September, 2017 and Letter of Offer dated 22nd February, 2018. The Committee of Independent Directors has concluded that open offer is fair and reasonable.
The above information is a part of company’s filings submitted to BSE.
