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

Systematix Corporate Services has confirmed the completion of an open offer for Dugar Housing Developments Limited. Acquirers Mr. Vinoth Kumar Mohanadas and Mrs. Suseela Kumarappan have successfully finalized the process to acquire 30,94,000 equity shares, representing 31.90% of the company's fully diluted share and voting capital. This submission of the Post-Offer Public Announcement signifies the conclusion of the acquisition formalities, confirming a significant change in ownership for Dugar Housing Developments, impacting its shareholding structure.