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Ambuja Cements Open Offer Details by Nita Anandjiwala is a document available to read on EtoBox.

What is Ambuja Cements Open Offer Details about?

1) This letter is an offer by Endeavour Trade and Investment Ltd to acquire up to 51,63,52,655 shares representing 26% of Ambuja Cements Ltd at a price of Rs. 385 per share. 2) The offer is made in accordance with SEBI regulations and is not conditional on a minimum level of acceptance. 3) Non-resident shareholders must obtain necessary regulatory approvals to tender shares and the acquirer reserves the right to reject shares if such approvals are not obtained.

Author

Nita Anandjiwala

Language

EN