Open Offer - Pre tendering phase

Name of Target company*India Radiators Limited
ISIN of Target Company*INE461Y01016
Corporate Identity Number (CIN) of Target company*L27209TN1949PLC000963
Permanent Account Number (PAN) of Target Company *AAACI1448M
Exchanges where Target Company listed*BSE
Type of OfferSubstantial acquisition (Reg. 3(1))
Number of fully paid up shares to be acquired*234000Percentage of fully paid up shares to be acquired of paid-up capital*26.00%
Number of partly paid up shares to be acquired0Percentage of partly paid up shares to be acquired of paid-up capital0.00%
Offer price per fully paid up share*6
Offer price per partly paid up share0
Offer size ( Rs. In Million)*1404000
Tendering start date*19-04-2024
Tendering closing date*03-05-2024
Registrar to offer appointed by Acquirer*Cameo Corporate Services Limited
Details of other RTA
Contact details of RTA appointed by acquirer*44 40020700
Designated stock exchange*BSE
Date of submission*15-04-2024
Notes


Details of Acquirer(s)

Sr.Name of Acquirer(s)*
1Mercantile Ventures Limited


Details of Manager(s) to the offer

Sr.Name of manager(s) to the offer*Name of other LM/BRLMContact details of manager(s) to the offer*
1Saffron Capital Advisors Private Limited22 49730394


Details of Stock Broker appointed by acquirer

Sr.Name of Stock Broker appointed by acquirerContact details of Stock Broker appointed by acquirer
1Choice Equity Broking Private Limited022 67079857


Details of Name of Company Secretary

Sr.Name of Company Secretary*Contact details of Company Secretary*
1Oberoi Jangit M044 40432211