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Rishab Special Yarns: Board Meeting Outcome for Recommendations Of The Committee Of Independent Directors (IDC) On The Open Offer To The Shareholders

Dear Sir With refernce to meeting of Committee of Independent Directors held on today Please find enclosed herewith the Recommendations of the Committee of Independent Directors (IDC) on the Open Offer to the Shareholders of Rishab Special Yarns Limited (RSYL or the Target Company) under regulation 26 (7) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 2011 and subsequent amendments thereto (SEBI (SAST) Regulations)Thanking You with Regards