Sarda Proteins Ltd Open Offer for Acquisition of 17,30,400 Equity Shares by Onix Renewable and Others

Grow House Wealth Management Pvt Ltd, as the Manager to the Offer, has submitted a Detailed Public Statement to BSE regarding the acquisition of up to 17,30,400 fully paid-up equity shares of Sarda Proteins Ltd by Onix Renewable, Divyesh Mansukhbhai Savaliya, Piyush Mansukhbhai Savaliya, and Nikhil Hareeshbhai Savaliya. The acquisition represents 19.28% of the emerging voting share capital of Sarda Proteins Ltd on a fully diluted basis. The offer is made in compliance with the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as amended. The offer price is Rs. 115.00 (+ premium of Rs. 105.00) per offer share, payable in cash.