PALRED TECHNOLOGIES LIMITED - Updates on Open Offer

Palred Technologies Limited - Updates on Open Offer

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20 Oct 2014
Mark Corporate Advisors Pvt Ltd ("Manager to the Open Offer") for and on behalf of Mr. Palem Srikanth Reddy ("Acquirer") along with Ms. Stuthi Reddy ("Persons Acting in Concert/PAC") has informed this Offer Opening Public Announcement to the Shareholders of Palred Technologies Ltd (Formerly known as Four Soft Ltd) ("Target Company"), pursuant to regulation 18(7) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as amended [SEBI (SAST) Regulations], in respect of the Open Offer to acquire 1,01,49,700 Equity Shares of the Target Company having a face value of Rs. 5 each (Equity Shares), representing 26% of the paid up and voting capital of the Target Company. The Detailed Public Statement (DPS) with respect to the Offer was published on August 11, 2014.
View all announcements for Palred Technologies Limited	Source: BSE India

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