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| Exchange Received Time 16/03/2018 16:40:00 Exchange Disseminated Time 16/03/2018 16:40:05 Time Taken 00:00:05 | The Board of Independent Directors of the Company have made recommendations of IDC report on 15th March 2018 for open offer for acquisition of 79,58,196 equity shares by Mr. Padmanabhan Mukund along with PACs Viz. Agile Electric Sub Assembly Private Limited; Igarashi Motors Sales Private Limited to the shareholders of Igarashi Motors India Limited under Regulation 26(7) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Also attached news papers advertisement published in news papers for your records.
We have published IDC report in Financial Express; Jansatta; Mumbai Lakshadeep and Makkal Kural on March 16,2018.
We are also sending advertisement copies to SEBI & Karvy Investor Services Limited (Manager to Open Offer).
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