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Inditrade Capital - Open Offer

By Religare

IL&FS Capital Advisors Limited (the "Manager to the Offer") has submitted to BSE a Copy of Public Announcement ("PA") regarding Open offer for acquisition of upto 6,113,445 (Sixty One Lakh Thirteen Thousand Four Hundred Forty Five Only) fully paid-up equity shares of the face value of Rs. 10 (Rupees Ten Only) each ("Equity Shares") constituting 26% (Twenty Six Percent) of the Emerging Voting Share Capital of Inditrade Capital Limited (the "Target Company") to the Public Shareholders of the Target Company ("Open Offer" or "Offer") by Mr. Sudip Bandyopadhyay (the "Acquirer 1"), Juno Moneta Technologies Private Limited (the "Acquirer 2") and A.T Invofin India Private Limited (the "Acquirer 3") (hereinafter collectively referred to as "Acquirers"), under Regulation 3(1) and 4 read with 15(1) and other applicable regulations of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as amended (the "SEBI (SAST) Regulations").

Story first published: Monday, September 7, 2015, 23:00 [IST]
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