Independent Directors review open offer from three acquirers for 26 percent stake
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The Committee of Independent Directors of J.A. Finance reviewed an open offer from three acquirers (Sachin Ishwarchand Goyal, Numan Sachin Goyal and Salil Vijay Sathe) to buy up to 27,68,671 shares, equal to 26 percent of paid-up equity capital at face value of Rs. 10, under SEBI Takeover Regulations. The committee recommendation will be published in the same newspapers that carried the Detailed Public Statement dated February 4, 2025.
SEBI-mandated review by Independent Directors of the open offer. Their recommendation will help shareholders decide whether to tender shares.