Rajiv Gupta, Kanhiya Gupta and Haldher Gupta made offer for 26% stake in Unimode Overseas Limited (BSE:512595) for INR 25 per share on November 25, 2022. In similar transaction Rajiv Gupta, Kanhiya Gupta and Haldher Gupta agreed to acquire 26.65% stake in Unimode Overseas Limited (BSE:512595) Ashish Goel and Vikas Munjal for INR 3.3 million. The Committee of the Independent Directors members believe that the offer is fair and reasonable.

The tender offer will commence on January 17, 2023 and close on January 31, 2023. As of February 2, 2023, The tender offer will commence on February 14, 2023, and close on February 27, 2023. D & A FINANCIAL SERVICES (P) LIMITED acted as financial advisor to Rajiv Gupta, Kanhiya Gupta and Haldher Gupta.

BEETAL FINANCIAL & COMPUTER SERVICES PVT. LTD. acted as a registrar to Rajiv Gupta, Kanhiya Gupta and Haldher Gupta.