UpdatesCompany Update

SMT Engineering Limited’s Committee of Independent Directors has evaluated the open offer to acquire 42,95,200 equity shares at Rs. 42 each, representing 26% of the company’s equity, by a group of six Acquirers.

Adarsh Mercantile Ltd538563 · Filed with the exchange

After thorough review, the committee concluded that the open offer is fair and reasonable, supporting shareholder interests in the transaction led by the Acquirers.

Read the original filing(PDF)

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