Brijlaxmi Leasing & Finance Ltd — Important, 01-01-1970: Company Update

Four acquirers are making an Open Offer to acquire up to 64,99,889 equity shares of Brijlaxmi Leasing and Finance Limited at ₹ 10.05 per share, totaling approximately ₹ 6.53 crore. The Draft Letter of Offer for this open offer has received final comments from SEBI, which will be incorporated into the Letter of Offer. However, the dispatch of the Letter of Offer and the commencement of the tendering period are pending approval from the Reserve Bank of India. Payments to successful shareholders will include 10% annual interest if delayed beyond the specified timeline.