Company is in receipt of Letter of Offer in the matter of Acquisition of 14,97,700 shares of Target Company ( Nirbhay Colours India Limited ), by Mr Dakshesh Rameshchandra Shah ( Acquirer 1), Mr Dhruvin Shah ( Acquirer 2 ), Mrs Sheetal Shah ( Acquire 3 ), Mrs Anar Jayeshbhai Patel ( Acquirer 4 ), Ms Sanskruti Jayeshbhai Patel ( Acquirer 5 ), Mr Jayesh Patel ( Acquirer 6 ) and M/s Seher Retail Private Limited ( Acquirer 7 ). Pursuant to Regulation 16 of SEBI SAST Regulations, 2011. Wealth Mine Networks Private Limited, Merchant Banker have submitted the Letter of Offer to the Company. Please take the aforementioned details on your record.