Zenith Capitals: Outcome of board meeting

Aug 30, 2013, 09.17 AM IST

Zenith Capitals at its meeting held on August 27, 2013, has considered the open offer given by M/s. Mansa Developers Private Limited.

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Zenith Capitals: Outcome of board meeting

Zenith Capitals at its meeting held on August 27, 2013, has considered the open offer given by M/s. Mansa Developers Private Limited.

Like this story, share it with millions of investors on M3

Zenith Capitals: Outcome of board meeting

Zenith Capitals at its meeting held on August 27, 2013, has considered the open offer given by M/s. Mansa Developers Private Limited.

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Zenith Capitals Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 27, 2013, has considered the open offer given by M/s. Mansa Developers Private Limited (the "Acquirer") as per Regulation 3 of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 on July 01, 2013 and the Merchant Bankers report as per regulation 27 of the provisions of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 confirming the completion of the process of the Takeover of the Management of the Company. The Board has noted the change of management of the company and henceforth August 27, 2013 is the new promoter of the Company.Source : BSE

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