Next Mediaworks has announced that public announcement received from Kotak Mahindra Capital Company (Manager to Open Offer) in respect of an Open Offer being made by HT Media (Acquirer) under SEBI (SAST) Regulations, 2011 for acquisition of up to 1,73,92,157 fully paid-up equity shares of face value of Rs10 each (Equity Share) of Next Mediaworks (Target Company) from its Public Shareholders representing 26% of fully diluted voting equity share capital of the Target Company (Voting Share Capital).
The above information is a part of company’s filings submitted to BSE.
