Tag
Farmico International Private Limited
3 articles
Simandhar Impex Open Offer Receives Zero Share Acceptance
Farmico International's open offer for 25.36% of Simandhar Impex at ₹30/share closed with zero shares tendered by public shareholders.
Acquirer Farmico International successfully acquired 74.64% stake
Farmico International Open Offer for 25.36% Simandhar Impex
Farmico International launches open offer to acquire 7,75,310 equity shares (25.36%) of Simandhar Impex at ₹30 per share.
Independent Directors Committee confirms offer price of ₹30 per share as justi
Simandhar Impex Independent Directors Recommend Open Offer
Committee of Independent Directors recommends shareholders accept open offer from Farmico International at ₹30 per share.
Offer price deemed fair and reasonable based on book value, negative profitabi