ALPHA TRIBE

Sanmitra Commercial LtdImportant, 01-01-2026: Company Update

01-01-2026 | 12:37 pm

Sanmitra Commercial's Committee of Independent Directors concluded that the open offer by Ankit Jalan and Anuj Jalan, along with Persons Acting in Concert, is fair and reasonable. This offer aims to acquire up to 1.49 crore equity shares at Rs. 15 each, totaling approximately 22.46 crore, representing 26.00% of the company's expanded equity and voting capital. This assessment provides crucial guidance for shareholders considering participating in the open offer, helping them evaluate its terms.

No comments yet. Be the first to comment!

All announcements from Sanmitra Commercial Ltd