Arco Leasing: Post Open Offer Report Submitted

JJ IPO Advisor Pvt Ltd, acting as the Manager to the Offer, has submitted a Post-Open Offer report to BSE for Arco Leasing Ltd. This report is filed under Regulation 27(7) of the Substantial Acquisition of Shares and Takeover Regulations. The open offer was for acquiring up to 27,74,970 equity shares, representing 25.57% of the expanded voting share capital. The offer price was ₹10.00 per equity share, with a total offer size of ₹2,77,49,700.00. The report details the various stages of the open offer process, including public announcements, detailed public statements, letters of offer, and the schedule of activities. An escrow account was established with Axis Bank for the transaction.