Antariksh Industries: Open Offer Draft Letter of Offer Submitted

Mark Corporate Advisors Pvt Ltd, acting as the Manager to the Offer, has submitted a Draft Letter of Offer to the public shareholders of Antariksh Industries Ltd. This pertains to an open offer to acquire up to 6,31,785 equity shares, representing 26.00% of the emerging voting share capital, at a price of ₹86 per share. The offer is being made by Alpitkumar Pravinchandra Gor and Riddhi Infocom Solutions LLP in accordance with SEBI (SAST) Regulations, 2011. The offer is not conditional and not a competing offer. Any upward revision in the offer price or size will be announced. The documents will also be available on the SEBI website.