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RELIANCE INFRASTRUCTURE LTD. - Updates on Open Offer to the Shareholders of Pipavav Defence and Offshore Engineering Company
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08 Nov 2015
JM Financial Institutional Securities Limited (&quot;Manager to the Open Offer&quot;) has submitted to BSE a copy of open offer for acquisition of up to 19,14,13,630 equity shares (&quot;Open Offer&quot;/&quot;Offer&quot;) of Pipavav Defence and Offshore Engineering Company Limited (Target Company) representing 26% of the equity share capital of the Target Company by Reliance Defence Systems Private Limited (the Acquirer) along with Reliance Infrastructure Limited (the PAC).&lt;BR&gt;&lt;BR&gt;With respect to the Open Offer and further to the Public Announcement dated March 4, 2015 (the Public Announcement/ PA), the Detailed Public Statement dated March 11, 2015 (the Detailed Public Statement/ DPS), the Draft Letter of Offer dated March 18, 2015 (the Draft Letter of Offer/ DLoF), the intimation to the Stock Exchanges dated May 11, 2015 and September 12, 2015 issued by JM Financial Institutional Securities Limited, with respect to the approval from the Gujarat Maritime Board (the GMB).
View all announcements for RELIANCE INFRASTRUCTURE LTD. Source: BSE India