Consecutive Investment & Trading Company Ltd - Updates on Open Offer (Recommendations of the Committee of Independent Directors (''IDC'')

Swaraj Shares and Securities Pvt Ltd ("Manager to the Open Offer") has submitted to BSE a copy of recommendations of the Committee of Independent Directors (''IDC'') of Consecutive Investment & Trading Company Ltd ("Target Company") in relation to the Open Offer (''Offer'') made Birford Enterprises Pvt Ltd (''Acquirer''), to the Public Shareholders of the Target Company (''Shareholders'') under Regulations 26(7) of Securities and Exchange Board of India (Substantial Acquisition of Shares and Tekeovers) Regulations, 2011 and subsequent amendments thereto ("SEBI (SAST) Regulations'').