GMM Pfaudler Ltd ("Target Company") has submitted to BSE a Copy of Recommendations of the Committee of Independent Director (IDC) pursuant to Regulation 26(7) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 on the Open Offer by National Oilwell Varco, Inc., ("Acquirer") and Pfaudler Inc., in its capacity as a person acting in concert with the Acquirer ("PAC") to the shareholders of the Target Company as per Public Announcement dated February 21, 2013.Source : BSE
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