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    Arihant Capital Markets: Open offer details

    Arihant Capital Markets submitted to BSE a copy of public announcement regarding open offer to the equity shareholders of Champion Finsec (target company) for acquisition of 33,83,432 shares constituting 26% of paid up capital of target company at a price of Rs 20 per share by Dhirajlal G. Hirpara and Jitendra G Hirpara (acquirers)

    April 27, 2013 / 18:44 IST

    Arihant Capital Markets Ltd ("Manager to the Open Offer") has submitted to BSE a Copy of Public Announcement ("PA") regarding Open Offer to the Equity shareholders of Champion Finsec Ltd (formerly Monotona Securities Limited) ("Target Company") for acquisition of 33,83,432 fully paid up equity shares of face value of Rs. 10/- each constituting 26 % of the issued, subscribed, paid up and voting Share Capital of Target Company at a price of Rs.20/- (Rupees Twenty only) per Equity Share ("Offer Price") by Mr. Dhirajlal G. Hirpara and Mr. Jitendra G. Hirpara (“Acquirers”), under Regulation 3(1) and 4 of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.Source : BSE

    Read all announcements in Champion Finsec

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    first published: Apr 27, 2013 06:44 pm

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