ORTIN GLOBAL LIMITED has informed the Exchange regarding 'Rarever Financial Advisors Pvt. Ltd. has submitted to the Exchange a copy of Corrigendum Public Announcement to the Shareholders of Ortin Global Limited ( Target Company ) in terms of Regulation 3(1) and 4 of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011'.
ORTINGLOBE · price
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Rarever Financial Advisors Pvt. Ltd. has filed a Corrigendum to the Public Announcement made to the shareholders of Ortin Global Limited, which is the target company in this transaction. The corrigendum has been submitted under Regulations 3(1) and 4 of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This means an acquirer is crossing the takeover threshold and triggering a mandatory open offer to public shareholders of Ortin Global. A corrigendum typically corrects or clarifies details (such as offer price, quantity, or timelines) from the original public announcement. Shareholders of Ortin Global should review the revised terms of the open offer carefully before deciding to tender their shares.
This is a significant corporate action for shareholders — an open offer to buy shares from the public has been triggered (or its terms revised). The corrigendum could change the offer price or other key details, directly affecting how much shareholders would receive if they choose to tender.