Comments
The open offer by Shri Lakshmi Metal Udyog to acquire up to 79.30 lakh shares of Apollo Tricoat Tubes (formerly Best Steel Logistics) will open on Monday (January 7) and close on January 18. The acquirer is offering ₹135 a share to the shareholders of Apollo Tricoat Tubes. The committee of independent directors had recommended the offer price as fair and reasonable. Investors will closely monitor the response to the offer, as the stock is currently trading at ₹134.75.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.