Vivro Financial Services Private Ltd has Submitted to the Exchange a copy of Post offer Advertisement in accordance with Regulation 18(12) of the Securities Exchange Board of India ( SAST) Regulations, 2011, as amended, with respect to the open offer to the public shareholders of the company.
SALSTEEL · price
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Awaiting price reaction for this filing.
Vivro Financial Services Private Ltd has filed a post-offer advertisement with the stock exchange regarding its open offer to public shareholders of S.A.L. Steel Limited. The filing is made under Regulation 18(12) of SEBI's Substantial Acquisition of Shares and Takeovers (SAST) Regulations, 2011. This is a mandatory disclosure made after the open offer window closes, and it typically reveals how many shares were tendered by public shareholders, the final acceptance ratio, and any revisions. The submission itself is a routine compliance step that confirms the open offer process has reached its conclusion.
No immediate price impact expected — this is a post-event regulatory filing. However, the advertisement will reveal the actual response from public shareholders (tendering percentage), which helps investors gauge the level of acceptance and the acquirer's final stake in S.A.L. Steel.