- All
- Important
- Financial Update
- Fund Raise
- Board Meeting
- Dividend/Bonus
- JV/Acquisition
- Investor Meet
- Insider Trade
- Pledging
- Others
Loading...
Asgard Alcobev Limited's Committee of Independent Directors has provided its assessment of the Open Offer by Ronak Jain and other acquirers. The Open Offer seeks to acquire up to 9,17,41,759 equity shares, representing 26.00% of the company's expanded equity, at Rs. 1.45 per share. The Committee views the offer price as fair and reasonable. This is based on the company's negative profitability, the offer price being consistent with or higher than previous acquisition prices, and exceeding the independent valuer's fair value of Rs. 1.37 per share. Shareholders should evaluate the offer independently.