RR MetalMakers: Open Offer Letter Filed for 26% Stake at ₹36.83

Vivro Financial Services Pvt Ltd, acting as the Manager to the Offer, has submitted a Letter of Offer to BSE for the public shareholders of RR MetalMakers India Ltd. This Open Offer, made by RB International Holdings Limited, Kalamu House, and Suyog Yogesh Desai, aims to acquire up to 23,42,295 equity shares, representing 26% of the total equity share capital. The offer price is set at ₹36.83 per equity share, which includes a compensatory interest of ₹12.98 per share. The offer is being made in compliance with SEBI (SAST) Regulations and is not conditional on a minimum acceptance level. No statutory approvals are currently required, but the offer may be subject to future approvals.