Sita Enterprises Ltd — Others, 15-07-2025: Others

Sita Enterprises Limited's Committee of Independent Directors met to assess an open offer from Mr. Jitendra Rasiklal Sanghavi. The acquirer seeks to purchase up to 7.50 lakh equity shares, representing 25.00% of the company's voting capital, at a price of Rs. 92.50 per share, totaling approximately Rs. 6.94 Cr. Following their review, the Committee concluded that this open offer is fair and reasonable, providing clarity for shareholders regarding the terms of the acquisition bid.