- All
- Important
- Financial Update
- Fund Raise
- Board Meeting
- Dividend/Bonus
- JV/Acquisition
- Investor Meet
- Insider Trade
- Pledging
- Others
Loading...
Century 21 Officespace Private Limited, along with its Persons Acting in Concert, has announced an open offer to acquire up to 7,92,118 equity shares, representing 26% of Sayaji Hotels (Indore) Limited's equity capital. The offer price is Rs. 1,250 per share in cash. This mandatory offer aims for the Acquirer to gain management control and become a promoter. The total fund requirement for the offer is 99.01 Cr, with 25 Cr already deposited in escrow. Sayaji Hotels (Indore) reported revenue of 105.68 Cr and a profit of 10.57 Cr for the year ending March 31, 2025. The independent directors are to provide their reasoned assessment on the open offer.