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Open offer in Chettinad Cement Corporation

CHENNAI: Chettinad Software Services announced an open offer to acquire upto 40.83 lakh equity shares of Chettinad Cement Corporation representing 13.84 per cent of the voting equity capital at a price of Rs. 450 per share to be paid in cash in accordance with the regulations. Indbank Merchant Banking Services Ltd will be acting as the manager to the offer. The specified date will be July 20 and the offer will be open from August 17 to September 5.

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