P.M. Telelinnks Ltd — Important, 01-01-1970: Company Update

BSL Infrastructure Limited has launched a mandatory open offer to acquire up to 26.00% of P.M. Telelinnks Limited's voting share capital from public shareholders. This follows BSL's prior agreement to acquire 48.03% from the existing promoters for ₹3.00 Cr. The open offer price is set at ₹6.81 per share, potentially totaling up to ₹1.78 Cr for the public. This signals a complete change in control, with BSL Infrastructure Limited becoming the new promoter and taking over management. The acquirer has also affirmed commitment to maintaining minimum public shareholding requirements.