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Acquirers have made an open offer to purchase up to 56.44 lakh equity shares of India Cements Capital Ltd at a price of ₹12 per share.
The acquirers filed a Draft Letter of Offer to purchase up to 56,43,612 shares of India Cements Capital Ltd. The open offer is valued at ₹6.77 Crore.
India Cements Capital's acquirers initiated a mandatory open offer for 26% equity at ₹12/share, following a 50.02% stake purchase agreement worth ₹19.80 Crore.
A public announcement for a mandatory open offer to acquire 26% of India Cements Capital Ltd. The offer price is ₹12 per share.