Gee Gee Granites: Updates on Open Offer

Intensive Fiscal Services Pvt Ltd ('Manager to the Open Offer') has submitted to BSE a Copy of Final Letter of Offer regarding Open Offer for acquisition of up to 11,70,000 (Eleven Lakhs Seventy Thousand Only) equity shares from shareholders of Gee Gee Granites Ltd ('Target Company') at a price of Re. 1/- per equity share representing 26.00% of issued capital of Target Company by Asit Kumar Ghosh (?Acquirer?) pursuant to and in accordance with Regulations 3(1) and 4 of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations 2011 and as subsequent amendments thereof.