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Phoenix Lamps Limited - Updates on Open Offer
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18 Jun 2015
Phoenix Lamps Limited has submitted to BSE a Copy of Recommendation of Committee of Independent Directors under Regulation 26(6) and 26 (7) of the SEBI (Substantial Acquisition of Shares &amp; Takeover) Regulations, 2011 in relation to the Open Offer to acquire up to 72,85,018 Equity Shares representing upto 26% of the Issued and Subscribed Capital and Voting Capital of Phoenix Lamps Ltd (&quot;Target Company&quot;) by Suprajit Engineering Limited (Acquirer) at a price of Rs. 100/- per fully paid-up equity share (the Open Offer).
View all announcements for Phoenix Lamps Limited Source: BSE India