Almondz Financial Services Ltd ("Manager to the Offer") has submitted to BSE a copy of Corrigendum to the Public Announcement dated May 30, 2025 in accordance with the provisions of Regulations ....
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Almondz Financial Services Ltd, acting as Manager to the Offer, has filed a corrigendum to the earlier Public Announcement dated May 30, 2025, for an open offer to acquire up to 9,10,182 equity shares (26% of the equity share capital) of Lake Shore Realty Ltd (formerly Mahaan Foods Ltd) from public shareholders. The acquirers are AL Maha Investment Fund PCC-Onyx Strategy (Acquirer 1) and Indigo Infracon Private Limited (Acquirer 2), with an offer price of ₹57.51 per share, payable in cash, under SEBI Takeover Regulations 2011. The corrigendum rectifies an inadvertent error in the original announcement: the post-offer shareholding figure should read 28,29,812 shares instead of the previously stated 9,10,182 shares. All other terms of the open offer remain unchanged.
This is a procedural correction and does not change the open offer price or size. For existing public shareholders, the open offer window remains available at ₹57.51 per share, and the corrected total reflects the acquirers' intended post-offer shareholding, giving a clearer picture of the change in control.