LCCINFOTECNSELCC Infotech Limited· Computers - SoftwareHighNeutral
Announced Tue, 10 Feb · 15:50 IST

Grow House Wealth Management Pvt Ltd (Manager to the Offer) has submitted to the Exchange a copy of addendum cum Corrigendum to the Public Announcement, Detailed Public Statement and Draft Letter of Offer for the attention of the Public Shareholders of LCC Infotech Limited (Target Company)

Open Offer TriggeredListed Co AcquisitionStrategic Transactions View source PDF

LCCINFOTEC · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Grow House Wealth Management Pvt Ltd, acting as the Manager to the Offer, has submitted an addendum cum corrigendum (a correction/clarification document) to the Public Announcement, Detailed Public Statement, and Draft Letter of Offer for the public shareholders of LCC Infotech Limited. The filing references LCC Infotech as the Target Company, indicating an ongoing open offer process, likely tied to a change in control or substantial acquisition. An addendum-cum-corrigendum typically corrects or updates previously disclosed terms such as offer price, timeline, or shareholding details.

Likely market impact

Public shareholders of LCC Infotech should review the revised offer documents carefully, as changes in offer price or terms could materially affect their decision to tender shares. This signals an active takeover attempt and may lead to short-term price volatility depending on the nature of the corrections.