MoneyWorks4Me

DFM Foods informs about public announcement

16 Aug 2022 Evaluate
DFM Foods has informed that the Company is in receipt of the initial public announcement dated August 15, 2022 made by JM Financial, manager to the offer, for and on behalf of the promoter, AI Global Investments (Cyprus) PCC (Acquirer or Promoter) along with AI Darwin (Cayman) as the person acting in concert with the Promoter (PAC), in accordance with Regulation 8 of the SEBI (Delisting of Equity Shares) Regulations, 2021 (Delisting Regulations) to express the Acquirer’s intention to: acquire all Equity Shares that are held by public shareholders (as defined under the Delisting Regulations) either individually or collectively, as the case may be; and consequently voluntarily delist the Equity Shares from the BSE and the National Stock Exchange of India, by making a delisting offer in accordance with the Delisting Regulations (Initial Public Announcement). A copy of the Initial Public Announcement is enclosed.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Nestle India 1346.50
Varun Beverages 430.00
Britannia Industries 4915.00
LT Foods 408.55
Hatsun Agro Product 1119.65
View more..