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| Exchange Disseminated Time 30/10/2015 17:37:45 | | IIFL Holdings Ltd has submitted to BSE a copy of Recommendation of the Committee of Independent Directors (IDC) on the Open Offer to the equity shareholders of IIFL Holdings Ltd ("Target Company") by FIH Mauritius Investments Ltd ("Acquirer") along with HWIC Asia Fund (Class A Shares), I Investments Ltd and FIH Private Investments Ltd as the Persons Acting in Concert with the Acquirer (Collectively, “Persons Acting in Concert"/"PAC") under Regulation 26(7) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 ("Takeover Regulations"). |
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