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In a stock exchange filing, Adani Enterprises has said that VCPL has urged SEBI "to provide its observations on the Draft Letter of Offer filed in relation to the Open Offer, in accordance with the SEBI (SAST) Regulations."
Adani Group said on Wednesday that it is committed to seeing the process through and has requested feedback from SEBI on its draught open offer letter after missing the deadline for launching an open offer to purchase an additional 26% interest in NDTV. The conglomerate, led by India's richest man Gautam Adani, acquired a little-known firm in August in exchange for warrants that permitted the purchase of a 29.18% stake in the news organisation at any moment. This company had financed the founders of NDTV more than Rs 400 crore more than ten years prior. Following that, Vishvapradhan Comme...
VCPL along with AMG Media Networks and Adani Enterprises Ltd had proposed to acquire an additional 26 per cent or 1.67 crore equity shares at an offer price of Rs 294 per share
Investegate announcements from Aquis Stock Exchange, Application for admission
OTAQ Plc (OTAQ) Proposed Placing and Open Offer, Delisting & AQSE Admission, Capital Reorganisation and Board Appointments 12-Oct-2...