JM Financial Ltd has submitted to the Exchange a copy of PRE-OFFER ADVERTISEMENT IN ACCORDANCE WITH REGULATION 18(7) OF THE SECURITIES AND EXCHANGE BOARD OF INDIA (SUBSTANTIAL ACQUISITION OF SHARES AND TAKEOVERS) REGULATIONS, 2011, AS AMENDED, AND CORRIGENDUM TO THE DETAILED PUBLIC STATEMENT FOR THE ATTENTION OF THE PUBLIC SHAREHOLDERS OF the company
AADHARHFC · price
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JM Financial Ltd has filed a pre-offer advertisement with the stock exchange in connection with an open offer to the public shareholders of Aadhar Housing Finance Limited. The filing is made under SEBI's Takeover Regulations (Regulation 18(7)), which is a mandatory step before an open offer is launched. Along with this, JM Financial has also submitted a corrigendum (an amendment/correction) to the earlier Detailed Public Statement relating to the offer. Public shareholders of Aadhar Housing Finance are advised to take note of these updated offer documents.
This confirms that a formal open offer process is underway for Aadhar Housing Finance shareholders, with updated/corrected terms now published. Shareholders should review the corrigendum and pre-offer advertisement carefully for revised offer price, quantity, and timelines before deciding to tender their shares.