Siel Financial Services has informed that it submitted a copy of Recommendation of Committee of Independent Directors (IDC) of Siel Financial Services (Target Company) in relation the open offer (Offer), to the Public shareholders of the Target Company under Regulations 3(1) & 4 of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as amended (Takeover Regulations).
The above information is a part of company’s filings submitted to BSE.
