Classic Filaments has informed that the Company has received Draft Letter of Offer (DLoF) on behalf of the Acquirers from the Manager to the Open Offer Fedex Securities pursuant to the Open Offer under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 for the acquisition of shares from the public shareholders of the Classic Filaments (the Target Company).
The above information is a part of company’s filings submitted to BSE.