Updates on Open Offer

Shriram Asset Management Company Ltd ("Target Company) has submitted to BSE a Copy of Recommendations of the Committee of Independent Directors (IDC) on the Open Offer to Equity Shareholders of Target Company) by Shriram Credit Company Limited (Acquirer) for acquisition of up to 15,60,000 Equity Shares representing 26% of the Issued, Subscribed and Paid up Equity Share Capital having Voting Rights of the Target Company under Regulation 260) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Vivro Financial Services Pvt Ltd ("Manager to the Open Offer")

Source : BSE - >www.bseindia.com

Published on October 21, 2013
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