Switching Technologies Gunther Limited's Independent Directors have recommended an Open Offer by BBU Enterprises and others to acquire 26% of the company's capital. The offer is priced at ₹66.00 per share, totaling approximately ₹4.20 Crore. The committee considers the offer price fair and reasonable based on SEBI SAST valuation parameters.
BBU Enterprises, Touristas Horizons, and Nikhil Pujari have launched a ₹4.20 Crore open offer to acquire a 26% stake in Switching Technologies Gunther Ltd. The offer is priced at ₹66 per share and follows a share purchase agreement to acquire a 37.63% controlling stake from the existing promoter.