Submission of the Pre-Offer Advertisement cum Corrigendum to Detailed Public Statement pursuant to Regulation 18(7) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
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RSC International Ltd has filed a Pre-Offer Advertisement cum Corrigendum to the Detailed Public Statement regarding an open offer by Mr. Shailesh Agrawal and Mr. Ramji Das Agarwal. The acquirers are offering to buy up to 14,94,922 fully paid-up equity shares, representing 26% of the total voting share capital, at a price of Rs. 9.50 per share. The offer is a mandatory one under SEBI (SAST) Regulations, 2011, and the Committee of Independent Directors has recommended it as fair and reasonable. The Letter of Offer was dispatched on June 9-10, 2025, and the tendering period runs from June 17, 2025 to June 30, 2025. No competitive bid has been received, and no statutory approvals are required for the offer.
Public shareholders of RSC International can tender their shares between June 17-30, 2025 at Rs. 9.50 per share. The offer price remains unchanged from the Letter of Offer, and shareholders should evaluate whether to participate based on the prevailing market price versus the offer price.