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Indo Tech Transformers: Open offer today

| Updated on February 14, 2020 Published on February 14, 2020

 

The open offer to the public shareholders of Indo Tech Transformers from Shirdi Sai Electricals (acquirer) opens for subscription on February 14; it will close on March 2. The price is fixed at ₹115.60 a share. It plans to acquire 27.24 lakh shares (25.65 per cent of the total paid-up capital). The offer is mandatory after the acquirer and Prolec GE International, S.De R.L. De C.V. (seller/promoter) in December had entered into a pact to acquire 73.66 lakh shares (69.36 per cent) at ₹94.51 apiece.

இந்த கட்டுரையை தமிழில் படிக்க இங்கே கிளிக் செய்யவும்

Published on February 14, 2020
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