Mr. Dipak Raj Sood, Mr. Samir Sood, Mr. Kunal Sood, Ms. Rupa Sood and Ms. Malini Sood (Acquirers) have announced the proposed acquisition of 11,61,572 fully paid-up equity shares of face value of Rs.10/- constituting 39% of shareholding of India Forge and Drop Stampings Ltd pursuant to the SEBI (Delisting of Securities) Guidelines 2003, through the Reverse Book Building mechanism of the Exchange. The shares of the Company are currently listed on BSE and MSE.
A floor price of Rs.50/- per share has been fixed as per the Guidelines.
Date of Opening of the Offer |
September 23, 2009 |
Last date for the Offer |
September 30, 2009 |
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