Intimation on Corrigendum received from Almondz Financial Services Limited (Manager to Offer) in respect of the Public Announcement -Open Offer dated May 30, 2025
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Lake Shore Realty Limited (formerly Mahaan Foods Limited) has submitted a corrigendum to its earlier public announcement dated May 30, 2025 regarding an Open Offer. The offer is for acquisition of up to 9,10,182 fully paid-up equity shares (representing 26% of the equity share capital) from public shareholders at ₹57.51 per share in cash, by Al Maha Investment Fund PCC - Onyx Strategy and Indigo Infracon Private Limited (collectively the Acquirers). The corrigendum fixes an inadvertent numerical error on page 5 of the original announcement, where the total shareholding figure in the post-offer shareholding table should read 28,29,812 instead of 9,10,182. All other terms of the Open Offer remain unchanged.
For public shareholders, the Open Offer at ₹57.51 per share remains active with no change in offer price or size — only a corrected post-offer shareholding number. The corrigendum is procedural and does not alter the substance of the deal; investors can evaluate the offer based on the original terms.