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Weizmann Forex - Announcement under Regulation 30 (LODR)-Open Offer - Updates

Share Source By

Dion Global

12 Feb 2019

This is to inform that the Company has received Disclosures dated 11.02.2019 from EbixCash World Money Limited (Acquirer) in accordance with the Regulation 7(1)(b) read with Regulation 6(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015, in Form B as they have become the majority shareholder of the Company by acquiring 83,28,540 Equity Shares at price of Rs. 528/- representing 74.84% on 06.02.2019 pursuant to Share Purchase Agreement dated 31.12.2018 between the Promoter and Promoter Group of the Company and the Acquirer and consequently are in control of the Company and have stated that they are now part of the Promoter and Promoter Group of the Company.

You are requested to take note of the same.