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Orient Abrasives - Updates on Open Offer

By Religare

Pioneer Money Management Ltd ("Manager to the Offer") has submitted to BSE a Copy of Letter of Offer ("LOF") in relation to the Open offer to the Equity Shareholders of Orient Abrasives Ltd ("Target Company") under the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as amended ("Takeover Code").

Bombay Minerals Ltd ("Acquirer 1") and Cura Global Holdings Ltd ("Acquirer 2") ("Acquirers") and Lambasa Global Opportunity Fund BV, Curacao ("Person Acting in Concert", "PAC").

Story first published: Monday, August 17, 2015, 12:30 [IST]
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