Kashipur Holdings Ltd. made an offer to acquire remaining 25.3% stake in Hindustan Wires Limited (BSE:504713) for approximately INR 100 million on May 20, 2019. Post completion, shares of Hindustan Wires Limited will be delisted from Stock Exchange. Offer is subject to minimum of 1.5 million shares being tendered, obtaining all statutory approvals. Offer will open on May 30, 2019 and closes on June 06, 2019. Virender Mansukhani of Mansukh Stock Brokers Limited acted as broker in the transaction. Punit Mittal of Beetal Financial & Computer Services acted as registrar and Radhika Pushkarna of D & A Financial services (P) Limited acted as manager to the offer for Kashipur Holdings Ltd in the transaction. Kashipur Holdings Ltd. cancelled the acquisition of remaining 25.3% stake in Hindustan Wires Limited (BSE:504713) on May 20, 2020.