ACI Infocom has informed that Credora Partners (hereinafter referred to as Manager to the Offer), is submitting the Draft Letter Of Offer made by us on behalf of Sanjay Natvarlal Mandavia and Ms. Rupal Sanjay Mandavia (hereinafter collectively referred as Acquirers) to acquire upto 3,70,47,634 (Three Crores Seventy Lakhs Forty Seven Thousand Six Hundred Thirty Four) Equity Shares constituting 26.00% of the Emerging Voting Share Capital (As defined in the Public Announcement and Detailed Public Statement) of the Target Company at a price of ? 1.53/- (Rupees One And Fifty Three Paise Only) for each equity share of the Target Company, pursuant to, and in compliance with, amongst others, Regulation 3(1) and Regulation 4 of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 and subsequent amendments thereto.
The above information is a part of company’s filings submitted to BSE.
