14 Mar 2022, 11:00 AM

Escorts Limited open offer

Kubota Corporation has made an open offer for Takeover of Escorts Limited at a price of Rs. 2000/- per share. The issue opens on March 14, 2022, and closes on March 28, 2022.

This will be an off-market transaction. A duly filled Delivery Instruction slip (DIS) should be sent to Zerodha to transfer the shares to Kfintech Escrow Account. Once the DIS is received, Zerodha will issue the DIS acknowledgment copy via email. Applicants should then fill out the Form of Acceptance-cum-Acknowledgment (Page no. 72 from the Letter of offer) and send the duly signed copy along with all the relevant documents to the RTA.

For more details, please check the Letter of offer here.

For the procedure to transfer shares using DIS, please check this support article.

If you have any queries then do post them on our TradingQ&A forum here.