Silly Monks Entertainment LimitedSILLYMONKSNSE
Recommendation of the committed of Independent Directors (IDC) on the open offer to the public shareholders…
As filed · Prasada Rao kalluri has submitted to the Exchange a copy of Recommendation of the committed of Independent Directors (IDC) on the open offer to the public shareholders of the company under Regulation
Special SituationWatchNotablemateriality 72 out of 100
What happened
FactPrasada Rao kalluri has submitted to the Exchange a copy of Recommendation of the committed of Independent Directors (IDC) on the open offer to the public shareholders of the company under Regulation 26(7) of SEBI of india (SAST) Regulations, 2011 and subsequent amendments thereto SEBI (SAST) Regulations, 2011.
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; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%