IDC recommendation on Parmax open offer published in newspapers
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Fedex Securities has submitted to BSE the newspaper publication of Independent Directors Committee recommendations on the open offer for Parmax Pharma. The offer covers up to 23,46,250 equity shares, equal to 26 percent of the expanded voting share capital at a face value of Rs 10 each, by acquirers Dhiren Shah and Sunil Shah along with 10 persons acting in concert. The IDC met on July 25, 2026 and its views were published on July 27 across Financial Express, Jansatta and Mumbai Lakshdeep.
Public shareholders should review the IDC recommendation before deciding whether to tender shares in the open offer.