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Palred Technologies Limited - Post Open Offer Status
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13 Nov 2014
Mark Corporate Advisors Pvt Ltd (&quot;Manager to the Open Offer&quot;) for and on behalf of Mr. Palem Srikanth Reddy (&quot;Acquirer&quot;) along with Ms. Stuthi Reddy (&quot;Persons Acting in Concert/PAC&quot;) has informed this Post Offer Announcement, in respect of the Open Offer to the Shareholders of Palred Technologies Ltd (Formerly known as Four Soft Ltd) (&quot;Target Company&quot;), to acquire 1,01,49,700 fully paid-up equity shares of face value of Rs. 5 each of the Target Company (&quot;Equity Shares&quot;), representing 26% of the Voting Capital of the Target Company (&quot;offer&quot;) on compliance with Regulation 18(12) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulation, 2011. The Detailed Public Statement (DPS) with respect to the aforementioned Offer was made on August 11, 2014.
View all announcements for Palred Technologies Limited Source: BSE India