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| Exchange Disseminated Time 21/03/2018 16:27:56 | | V.B. Desai Financial Services Limited ("Manager to the Offer") has submitted to BSE a copy of Recommendations of the Committee of Independent Directors (IDC) under Regulation 26(7) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 ("SEBI (SAST) Regulations, 2011") on the Open Offer by Calvera Capital Pte. Ltd. (Acquirer) and LT Investment Limited (PAC) to the Equity Shareholders of Marathwada Refractories Limited ("Target Company") for the acquisition of 1,75,000 Equity Shares of the Target Company. |
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