Dugar Housing Developments Ltd — Important, 01-01-1970: Company Update

Systematix Corporate Services Limited, representing Mr. Vinoth Kumar Mohanadas and Mrs. Suseela Kumarappan (the Acquirers), has released the Pre-Offer Public Announcement for their open offer. This announcement pertains to acquiring 30,94,000 Equity Shares of ₹10 each of Dugar Housing Developments Limited, which constitutes 31.90% of its fully diluted share capital. Following a regulatory observation, this public announcement has been published in newspapers and submitted, marking a critical step in the ongoing process to acquire a significant stake in Dugar Housing.