MAPE Advisory Group Pvt Ltd ("Manager to the Offer") has submitted to BSE a copy of Post-Offer Advertisement in accordance with Regulation 18(12) of the Securities and Exchange Board of ....
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Awaiting price reaction for this filing.
MAPE Advisory Group, the Manager to the Offer, has submitted the Post-Offer Advertisement to BSE under SEBI Takeover Regulations for the open offer on Shriram Asset Management Company. The open offer was for acquisition of up to 4,395,499 equity shares of face value INR 10 each by Sanlam Emerging Markets (Mauritius) Limited as Acquirer, along with Shriram Credit Company Limited (Promoter) acting as Person Acting in Concert (PAC). The advertisement was published on 13 May 2025 in Business Standard (English & Hindi, all editions) and Navshakti (Marathi, Mumbai edition). This filing marks the conclusion stage of the open offer process under Regulation 18(12) of SEBI (SAST) Regulations.
This is a procedural post-offer disclosure indicating the open offer window has closed. Shareholders who tendered shares will receive settlement, and the acquisition of equity stake by Sanlam Emerging Markets is now in its final compliance stage. The stock may see reduced volatility now that offer uncertainty is resolved.