Sarda Papers Ltd has informed BSE that the Board of Directors of the Company has authorized Mr. Bansilal Ghisulal Sharma, Managing Director in its meeting held on September 02, 2014 at to sign, execute and submit requisite documents as may be necessary to SEBI/Stock Exchanges under SEBI ( Substantial Acquisition of Shares and Takeovers) Regulations, 2011 pursuant to Open Offer made by Mr. Manish Ladage, Mr. N.R. Parameswaran, Mrs. Kamini Johari and Mr. Kartik Johari for acquisition of 23,11,498 equity shares at an offer price of Rs. 2.63 per share.
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