29 Aug 2022, 06:00 PM

ACC Cements Limited & Ambuja Cements Limited open offer

Endeavour Trade and Investment Limited has made an open offer to acquire up to 4.89 crore equity shares of ACC Cements Limited at the price of Rs. 2300 per equity share and 51.63 crore equity shares of Ambuja Cements Limited at the price of Rs. 385 per equity share. The issue opens on August 26, 2022, and closes on September 09, 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 LIIPL ACC LIMITED Escrow Account and LIIPL AMBUJA CEMENTS Escrow Account for respective applications. Once the DIS is received, Zerodha will issue the DIS acknowledgment copy via email.

You can check the details of Demat account to which shares have to be transferred here.

For more details, please check the Letter of offers here (1 & 2).

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.