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| Exchange Disseminated Time | Igarashi Motors India Ltd ("Target Company") has informed BSE regarding Open Offer as follows :
MAPE Advisory Group Pvt Ltd ("Manager to the Offer") has informed regarding Open Offer for acquisition of up to 7,954,036 (seven million nine hundred and fifty four thousand and thirty six only) Equity shares of Target Company of Rs. 10/- each at a price of Rs Rs. 65.00 per Offer Share aggregating to Rs. 517,012,340.00 ("Offer Size") by Agile Electric Sub Assembly Pvt Ltd ("Acquirer") together with Blackstone Capital Partners (Singapore) VI FDI Three Pte. Ltd. ("PAC1") and BFIP (Cayman) VI-ESC FDI Three Ltd ("PAC2') and Padmanaban Mukund ("PAC3" and collectively, PAC1, PAC2 and PAC3, the "PACs"), in their capacity as persons acting in concert with the Acquirer, under Regulations 3(2), 4 and 5(1) read with Regulations 13(2)(e), 13(2)(g) and 13(2A) read with Regulation 15(1) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (the ("SEBI (SAST) Regulations") |
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