Indiabulls offer for stake in Pyramyd retail today

Source: The Free Press Journal

MUMBAI: Indiabulls Wholesale Services today said its open offer for acquiring 20 per cent stake in Piramyd Retail will start from tomorrow. Indiabulls Real Estate, a person acting in concert to the acquirer, today informed the Bombay Stock Exchange that its open offer for the acquisition of 40.32 lakh equity shares of Piramyd Retail would now start on March 12 instead of February 2 as announced earlier. The offer would now close on March 31, as per the revised schedule instead of Feb 21, it said. The company had announced the open offer on Dec 9 last year.

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