ALFA Filings
Every announcement, straight from the exchange
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
Announcement type
Time
5 announcements with these filters
Lippi Systems Limited released the post-offer advertisement for its open offer by Vinesh Shivji Dholu and others. Only 1,000 shares were tendered and accepted at ₹56.84 each.
Lippi Systems Limited's acquirers completed an open offer for 33,82,231 equity shares at ₹56.84 each. Total proposed offer size was ₹19.22 Crore, but only 1,000 shares were accepted.
Vivro Financial Services, as manager to the offer, announced the completion of dispatching Letter of Offer documents to Lippi Systems Limited's public shareholders. The open offer targets 25.05% of the expanded share capital.
Lippi Systems' Independent Directors Committee recommended an open offer at ₹56.84 per share. Total consideration for the 25.05% stake acquisition is ₹19.22 Crore.
Lippi Systems received an open offer from Vinesh Shivji Dholu and others for ₹19.22 Crore. Acquirers seek to buy 25.05% stake at ₹56.84 per share.