Persuant to Reg 31A(10)(ii) of the SEBI LODR Regulations, 2015, we inform that Mrs. Maneesha Singh(Acquier I), Jagsakti Merchandise Pvt Ltd (Acquirer II) & Ros Advisory Pvt Ltd ( Acquier III) completed Open Offer on April 16, 2026. The intent to reclassify Genesis Trade-Links Pvt Ltd from promoter to public was disclosed in Letter of Offer dated March 16, 2026, persuant to its letter dated February 4, 2026. The proposed entity complies with Reg 31A(3)(b), including no holding above 10% voting rights, no control or special rights, no Board/ KMP representation for 3 years, and is neither a wilful defaulter nor a fugitive economic offender. The company also complies with Reg 31A(3)(c). Accordingly, Genesis Trade-Links Pvt Ltd stands reclassified as public and the accquirers are classified as Promoter/Promoter Group with immediate effect under Reg 31A(10).
Grameva Limited Press Release Jul 10 2026
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