Kothari Industrial Corporation has informed that a copy of Recommendation of the Independent Director Committee (IDC) of Kothari Industrial Corporation (Target Company) in relation to the Open Offer ('Offer') under Regulations 26(7) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 and Subsequent amendments thereto (SEBI (SAST) Regulations, 2011).
The above information is a part of company’s filings submitted to BSE.