Aris International has informed that Bonanza Portfolio has been appointed as the Manager to the Offer ('Manager'), Pursuant to the execution of the Share Purchase Agreement, the Acquirer along with PAC have announced an open offer in compliance with the provisions of Regulations 3(1) and 4 read with Regulations 13, 14, and 15(1) and other applicable regulations of the SEBI (SAST) Regulations for acquisition of up to 3,90,000 (Three Lakh Ninety Thousand Only) Equity Shares representing 26.00% of the Voting Share Capital of the Target Company from the Public Shareholders of the Target Company. In this regard in compliance with the provisions of Regulations 13, 14, 15, and such other applicable provisions and in accordance with the requirements under the SEBI (SAST) Regulations, it attached the copy of the Public Announcement submitted to Securities and Exchange Board of India.
The above information is a part of company’s filings submitted to BSE.