Recommendation of the independent Director Committee of the Company on the open offer as published is attached
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The Committee of Independent Directors (IDC) of Anka India Ltd has published its recommendation on an open offer made by Mr. Amit Sharma and Mr. Arjit Sachdeva (the Acquirers) to buy up to 69,24,902 equity shares, representing 13.44% of the company's existing equity, from public shareholders. The recommendation was published in Financial Express and Jansatta newspapers as required under SEBI Takeover Regulations. This follows the public announcement dated March 13, 2025, the detailed public statement on March 21, 2025, and the letter of offer dated October 7, 2025. The filing is a procedural compliance under Regulation 26(7) of the SEBI (SAST) Regulations, 2011.
Shareholders of Anka India should review the IDC recommendation carefully as it provides an independent assessment of whether the open offer price is fair. Existing investors must decide whether to tender their shares in the offer before the deadline closes.