Interim order of The Hon ble SAT in the matter of Open Offer given by Marwadi Chandarana Intermediaries…
As filed · Sundae capital Advisors Private Ltd has submitted to the Exchange a copy of Interim order of The Hon ble SAT in the matter of Open Offer given by Marwadi Chandarana Intermediaries Brokers Private Limi
Special SituationWatchMajormateriality 77 out of 100
What happened
FactSundae capital Advisors Private Ltd has submitted to the Exchange a copy of Interim order of The Hon ble SAT in the matter of Open Offer given by Marwadi Chandarana Intermediaries Brokers Private Limited ( Acquirer ) to the shareholders of the company. Towers, Dalal Street. Update: Interim order of The Hon’ble SAT in the matter of Open Offer given by Marwadi Chandarana.
Why it matters
CapitSignal interpretationAn open offer gives holders a defined price at which they can exit, and signals that control is changing.
Watch next
Fact- Offer price versus market price
- Acquirer and resulting shareholding
Evidence
How CapitSignal classified this
- Reasoning:
- OPEN_OFFER base 72; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%