Share the post "CINERAD COMMUNICATIONS LTD Launches Takeover, Debuting 13-05-2024!"
Cinerad Communications Ltd. is a leading player in the Film Production- Distribution & Exhibition industry, categorized under the Consumer Discretionary sector, offering Equity instruments. the company is entered into the public market through its Takeover, set to launch from 13 May 2024 to 28 May 2024. Investors have the opportunity to acquire shares priced at 10.00 each, with a face value of Rs10.00 per share, the market lot for this company is 1.
| Security Name | CINERAD COMMUNICATIONS LTD |
|---|---|
| Start Date | 13-05-2024 |
| End Date | 28-05-2024 |
| Offer Price () | 10.00 |
| Face Value | 10.00 |
| Type Of Issue | Takeover |
| Issue Status | Forthcoming |
| Scripname | CINERAD COMMUNICATIONS LTD |
| Security Type | Equity |
| Symbol | CINERAD |
| Issue Type | Takeover |
| Issue Period | 13 May 2024 to 28 May 2024 |
| Tick Price | 0.01 |
| Market Lot | 1 |
| Book Size – No. Of Shares | 49,82,098 |
| Minimum Offer Quantity | 1 |
| Maximum Offer Quantity | 49,82,098 |
| Floor Price/Offer Price | 10.00 |
| Indicative Price | |
| Cummulative Bid Quantity | – |
| Name Of Acquirer(s)/Company | Pankaj Ramesh Samani (‘Acquirer 1’) |
| Buyer Member | Pravin Ratilal Share and Stock Brokers Ltd |
| Book Running Lead Manager | VIVRO FINANCIAL SERVICES PRIVATE LIMITED |
| Registrar | Niche Technologies Private Limited |
| Exchange Notices | 1) Opening of Offer to Buy – Acquisition Window (Takeover) of CINERAD COMMUNICATIONS LIMITED2) Offer to Buy – Acquisition Window (TAKEOVER) for CINERAD COMMUNICATIONS LTD- Live Activities Schedule3) Settlement Schedule Offer to Buy – Acquisition Window (Takeover) for CINERAD COMMUNICATIONS LIMITED. |
