Hamlet Holding today announced the launch of its open offer for acquiring upto 3,02,041 shares in Disa India Ltd.
The offer size constitutes 20% of the paid-up and voting equity share capital of Disa India, at a price of Rs 1,657 per share in cash.
The offer follows an indirect acquisition and control of Disa India by Hamlet Holding. Ambit Corporate Finance Pvt Ltd. has been appointed as the manager to the open offer.
The open offer would be floated between February 5 and February 24, 2009.