Genesis Ibrc India Ltd — Important, 01-01-1970: Company Update

Acquirers have issued an update regarding their open offer for V.R Genesis IBRC India Limited. They aim to acquire up to 0.264 Cr shares, representing 20.31% of voting capital, at ₹7.00 per share in cash. The Committee of Independent Directors' opinion is that this offer price is fair and reasonable for public shareholders. Investors should review the revised offer schedule and updated procedures for tendering shares, which include new acceptance and transfer forms. This update is key for shareholders to make an informed decision on their participation.