Independent Directors Committee of AAA Technologies unanimously recommends the open offer price of ₹101 per share as fair and reasonable under SEBI SAST Regulations.
The recommendation was published in Business Standard (English/Hindi) and Navshakti (Marathi) newspapers on April 20, 2026.
IDC members confirmed no equity holdings in AAA Technologies or Acquirers and no trading in company securities.
The recommendation is based on review of Public Announcement (Dec 29, 2025), Detailed Public Statement (Jan 05, 2026), and Letter of Offer (Apr 13, 2026).