Vijaykumar Khemani made an offer to acquire 39.4% stake in Khemani Distributors & Marketing Limited (BSE:539788) for an offer per share of INR152.21on August 9, 2023. The transaction is expected to close on October 19, 2023. Bigshare Services Pvt.

Ltd. acted as registrar to Khemani Distributors & Marketing Limited. Sundae Capital Advisors Private Limited acted as manager tot he offer on behalf of Vijaykumar Khemani.