ICICI Securities Limited has Submitted to the Exchange a copy of post offer advertisement in accordance with Regulation 18(12) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, for the attention of the public shareholders of the Company.
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Awaiting price reaction for this filing.
ICICI Securities Limited has submitted a post-offer advertisement to the stock exchange on behalf of an acquirer connected to Cemindia Projects Limited, in line with SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011. This filing, under Regulation 18(12), is made after the closure of an open offer made to the public shareholders of the company. The advertisement typically communicates the outcome of the open offer — including total shares tendered, acceptance ratio, and any further actions. The exact details of the offer size, acquirer name, and tender results would be available in the actual advertisement document filed with the exchange.
For shareholders who tendered their shares in the open offer, this filing signals the conclusion of the tendering process and the imminent settlement/credit of shares. For non-tendering shareholders, it confirms the takeover-related event is wrapping up, which may affect trading volume and price action in the near term.