FOODS & INNS LTD. - Updates on Open Offer

Inga Ventures Pvt. Ltd & Pioneer Investcorp Ltd ("Managers to the Offer") has submitted to BSE a copy of Offer Opening Public Announcement under Regulation 18(7) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as amended ("SEBI SAST Regulations") and Corrigendum to the Detailed Public Statement, for the attention of the Public Shareholders of Foods & Inns Ltd ('Target Company').