MAPE Advisory Group Pvt Ltd ("Manager to the Offer") has submitted to BSE a copy of Pre-Offer Advertisement in accordance with Regulation 18(7) of the SEBI (SAST) Regulations, 2011, and ....
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MAPE Advisory Group, the manager handling the open offer for Shriram Asset Management Company, has submitted a pre-offer advertisement to BSE as required under SEBI takeover rules. The open offer is by Sanlam Emerging Markets (Mauritius) Limited along with Shriram Credit Company Limited (acting together as acquirers) for buying up to 43,95,499 fully paid-up equity shares of face value ₹10 each. The advertisement was published on 22 April 2025 in Business Standard (English and Hindi, all editions) and Navshakti (Marathi, Mumbai edition). The publication follows an SEBI observation letter dated 2 April 2025 on the detailed public offer letter.
This is a routine procedural filing under SEBI takeover regulations and does not by itself change shareholding or pricing. Shareholders should wait for the detailed public offer letter with the open offer price, timeline, and tendering instructions before making any investment decision.