Rarever Financial Advisors Pvt Ltd ("Manager to the Offer) has submitted to BSE a copy of Recommendations of the Committee of Independent Directors (IDC) of Reliable Ventures India Ltd ("Target Company") in relation to the Open Offer (Offer) to the Public Shareholders of the Target Company under the provisions of Regulation 26(7) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 2011 and Subsequent Amendments thereto (SEBI (SAST) Regulations).