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Vinpai: Definitive Timetable for the Acquisition of a Majority Stake in Vinpai by Camlin Fine Science Limited, Which Shall Be Completed by November 30, 2025
['Business Wire']
FinanzNachrichten.de: News
The parties intend to have the Block Acquisition completed by November 30, 2025, and thus announce the definitive timetable for the Block Acquisition.
The Block Acquisition is subject, among other conditions, to the issuance of newly ordinary shares of CFSL as consideration for the Block Acquisition (the "CFSL Consideration Shares"), which shall be approved by the CFSL's shareholders (the "CFSL Shareholders' Approval").
At such meeting, the Board of Directors of CFSL has fixed the subscription of the CFSL Consideration Shares at INR 247.69 (EUR 2.39)4 (the "Subscription Price").
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Any person who comes into possession of this press release must inform him or herself of and comply with any such restrictions.