Adi Godrej & family makes offer to acquire 26% stake in Astec Lifesciences
Thu, May 2, 2024 8:34 AM

Adi Godrej & family makes offer to acquire 26% stake in Astec Lifesciences

A Flip by Shubhangi Gupta
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The Adi Godrej faction of the Godrej Group led by brother Nadir Godrej, Tanya Dubash, Nisaba Godrej and Pirojsha Godrej have announced an open offer to acquire up to 50.99 lakh equity shares of Astec Lifesciences Ltd., according to an exchange filing. The number of shares proposed to be acquired is equivalent to a 26% stake in the company. Price for the Open Offer has been fixed at ₹1,069...

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