White Hall Commercial Company Ltd — Updates, 01-01-1970: Company Update

Rightful Consultancy Services LLP has announced a board meeting to consider an open offer to acquire up to 64,740 shares (26% stake) of White Hall Commercial Company Limited at ₹1 per share. The Committee of Independent Directors finds the price justified. The Letter of Offer has been dispatched to shareholders, with provisions allowing both physical and dematerialized shareholders to tender shares. The Share Purchase Agreement for the acquisition is yet to be completed. No competing bids have been received, and no statutory approvals are currently required for the acquisition. Public shareholders can refer to the Letter of Offer for participation procedures.