Aar Shyam India Investment Co. announces Open Offer for 26% stake

Aar Shyam India Investment Company Ltd is undergoing an open offer for acquisition of up to 58,43,327 equity shares, representing 26.00% of the emerging paid-up equity share capital. The offer is being made by Mr. Radha Krishna Avudari, Mrs. Sudha Rani Avudari, and Mr. Nagabhyru Srikanth. This is in conjunction with a proposed preferential issue of 1,40,56,300 equity shares to the acquirers. The public announcement is made by Turnaround Corporate Advisors Pvt Ltd, the Manager to the Offer, in compliance with SEBI (SAST) Regulations, 2011.