AL Maha Investment Fund and Indigo Infracon Private Limited to Acquire 26.00% Stake in Lake Shore Realty Limited at Rs. 57.51 per Share

AL Maha Investment Fund PCC-ONYX Strategy and Indigo Infracon Private Limited are set to acquire up to 9,10,182 fully paid-up Equity Shares of Lake Shore Realty Limited (formerly known as Mahaan Foods Limited) from its public shareholders. This represents 26.00% of the fully paid-up equity and voting share capital of the Target Company. The offer price is set at Rs. 57.51 per Equity Share, payable in cash. The offer is in compliance with the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.