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| Exchange Disseminated Time 20/08/2015 16:00:28 | | Orient Abrasives Ltd has submitted to BSE a copy of Recommendations of the Committee of Independent Directors (IDC) on the Open Offer to Equity Shareholders of Orient Abrasives Ltd. ("Target Company") by Bombay Minerals Ltd, a company incorporated under the laws of India and Cura Global Holdings Limited, (Acquirers) for acquisition of upto 3,11,06,192 (THREE CRORES ELEVEN LACS SIX THOUSAND ONE HUNDRED AND NINETY TWO) equity shares representing 26% of the paid up Equity Share Capital of the Target Company under regulation 26(7) of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011. |
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