Tag
BBU Enterprises Private Limited
3 articles
Switching Technologies Gunther Promoter Reclassification Post Sale
• Switching Technologies Gunther discloses promoter reclassification after Guenther America Inc. sold its entire 9.22 lakh share stake to a consortium of acquirers.
• The acquirers, Touristas Horizons
Switching Technologies Gunther Open Offer IDC Recommendation
Independent Directors Committee recommends open offer by acquirers for 26% stake at ₹66/share.
Offer price of ₹66 exceeds SEBI-calculated price of ₹65.22 and negotiated price of ₹30.
Committee confirm
BBU Enterprises Open Offer for 26% of STGL
Open offer by BBU Enterprises, Touristas Horizons, and Nikhil Pujari to acquire up to 637,000 shares (26%) of Switching Technologies Gunther Limited at ₹66 per share.
Offer triggered by share purchase