Business Update16 Apr 2024, 08:16 pm
Sumita Mishra Announces Open Offer for 26.00% of Suncity Synthetics Limited
AI Summary
Sumita Mishra, in association with Swaraj Shares and Securities Pvt Ltd, has entered into a Share Purchase Agreement to buy 45.46% of Suncity Synthetics Ltd from existing promoters. Mishra plans to acquire an additional 26.00% through an open offer at a price of ₹7 per share. The offer price is based on SEBI regulations.
Key Highlights
- Sumita Mishra to buy 45.46% of Suncity Synthetics Ltd
- Open offer to buy additional 26.00% of the company
- Offer price based on SEBI regulations