lnteractive Financial Services Limited ("Manager to the Offer") has submitted to BSE a copy of Offer Opening of Public Announcement in accordance with Regulation 18(7) if SEBI (SAST) Regulations, ....
Awaiting price reaction for this filing.
Interactive Financial Services Limited, acting as Manager to the Offer, has submitted to BSE a Pre-Offer Advertisement cum Corrigendum related to the open offer for Premium Capital Market & Investments Ltd. Acquirer Suman Nandi is offering to buy up to 17,04,000 equity shares (26.00% of paid-up capital) at Rs. 6.40 per share under SEBI (SAST) Regulations, 2011. The corrigendum has been published in the same newspaper where the Detailed Public Statement of the open offer was originally published. The Letter of Offer has already been dispatched to shareholders of the Target Company.
Shareholders of Premium Capital Market & Investments Ltd can tender their shares at Rs. 6.40 per share during the open offer window. The corrigendum signals a procedural update to the existing open offer process and provides shareholders clarity on the offer terms.