RR MetalMakers India Ltd — Important, 01-01-1970: Company Update

RB International Holdings Limited, Suyog Yogesh Desai, and Nikita Suyog Desai have announced an Open Offer to acquire 26.00% of RR Metalmakers India Limited's equity shares. They aim to purchase 23.42 lakh shares at ₹23.85 each, totaling ₹5.58 Cr. This offer follows their agreement to buy 70.66% from the existing promoters. Post-offer, the Acquirers will hold 96.66% of the company, gaining control over the steel and iron ore trading business. They plan to continue existing operations and will ensure compliance with minimum public shareholding requirements.