Mr. Addepalli Bala Gopal, Mr. Devarakonda Venkata Subramanya Sharma, Mrs. Ghanakota Padma and Mrs. Ghanakota Ramana made an Open Offer for acquisition of 3,863,782 Equity Shares of Sangam Health Care Products.
Corporate Professionals Capital Pvt Ltd ("Manager to the Open Offer") has submitted to BSE a Copy of Public Announcement ("PA") regarding Open Offer for acquisition of 3,863,782 Equity Shares from the shareholders of M/s Sangam Health Care Products Ltd ("Target Company"), by Mr. Addepalli Bala Gopal, Mr. Devarakonda Venkata Subramanya Sharma, Mrs. Ghanakota Padma and Mrs. Ghanakota Ramana ("Acquirers") pursuant to and in accordance with regulation 3(1) and 4 of SEBI (SAST) Regulations, 2011.Offer details:Size: 3,863,782 Equity Shares constituting 26% of the present issued, subscribed and paid-up capital of the Target Company.Price/ consideration: Rs. 0.50 (Fifty Paisa Only) for each equity share of the Target Company.Source : BSE
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