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IPCA LABORATORIES LTD. - Open Offer to the Shareholder of Krebs Biochemicals & Industries Ltd
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13 Feb 2015
Arihant Capital Markets Ltd (&quot;Manager to the Offer&quot;) has informed BSE regarding Open Offer for acquisition of 35,73,515 Equity Shares from shareholders of Krebs Biochemicals &amp; Industries Ltd (&quot;Target Company&quot;) by Ipca Laboratories Limited, Mumbai (Acquirer)&lt;BR&gt;&lt;BR&gt;Offer Details:&lt;BR&gt;&lt;BR&gt;Size: 35,73,515 fully paid up equity shares of face value of Rs. 10/- each constituting 26% of the fully diluted Equity and voting Share Capital of the Target Company, post preferential allotment and conversion of warrants issued on preferential basis&lt;BR&gt;&lt;BR&gt;Price/consideration : Cash offer of Rs. 54/- (Rupees Fifty Four only) per Equity Share.
View all announcements for IPCA LABORATORIES LTD. Source: BSE India