Corporate Announcement
Security Code : 534312    Company : MTEDUCARE    
 
Corporate Action-Updates on Open OfferDownload PDF Download XBRL
  Exchange Received Time  26/04/2018 17:34:45         Exchange Disseminated Time   26/04/2018 17:34:53              Time Taken   00:00:08
Sub: Independent Directors Committee Recommendation for Open offer for acquisition upto 1,86,64,096 Equity Shares from Shareholders of MT Educare Limited ('Target') by Zee Learn Limited ('Acquirer') along with Sprit Infrapower and Multiventures Private Limited ('PAC') pursuant to and in Compliance with Regulation 26 (7) of Securities Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

With respect to the captioned, we, the Target Company, enclose herewith the recommendation of Independent Directors Committee for Open offer published on 26th April, 2018.

In accordance with Regulation 26(7) of SEBI SAST regulations, the recommendation has been published on 26th April, 2018 in the following newspapers:

1. Financial Express (English) - All Editions
2. Jansatta (Hindi) - All Editions
3. Navshakti (Marathi) - All Editions

We request you to take the same on record & acknowledge the receipt.
 

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