Aarvee Denims & Exports Limited — Important, 08-11-2024: Updates

Aarvee Denims and Exports Limited has announced an open offer to acquire 60,99,548 equity shares, representing 26% of its equity share capital, at ₹41 per share. The offer is being made by Jaimin Kailash Gupta and related entities, with a total consideration of ₹25,00,81,468. The tendering period will open on November 20, 2024, and close on December 3, 2024. Shareholders are advised to review the terms and documentation carefully before participating.