Frontier Leasing and Finance Limited has submitted to BSE a Copy of Recommendations of the Committee of Independent Directors (?IDC?) of Frontier Leasing and Finance Limited (?Target Company?) on the Open Offer made by Mr. Anirudh Bhuwalka (?Acquirer?) to the Shareholders of the Target Company under regulation 26(7) of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (?Takeover Regulations, 2011?) and subsequent amendments thereto.
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