Gokaldas Exports’ open offer kicks off

Updated - January 12, 2018 at 02:25 PM.

Clear Wealth Consultancy Services LLP, along with four others, have made an open offer to the shareholders of Gokaldas Exports to acquire 91.80 lakh shares, which represents 26 per cent of the expanded voting share capital of the company. The offer price is set at ₹63.25 a share. The open offer became mandatory after the acquirers agreed to buy 39.94 per cent of the current voting share capital of the company at a price of ₹42 a share from its current promoter Blackstone FP Capital Partners.

Published on June 15, 2017 15:19