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Sebi exempts trust linked to Alembic Pharmaceuticals and Alembic from open offer requirement

Updated : April 08, 2018 03:43 PM IST

Chirayu Amin and Malika Amin are trustees of Laksh Trust.
Malika Amin holds 1.59 percent and 2.25 percent stake directly in Alembic Pharma and Alembic.
Post completion, the trust would become part of the promoter entities in both the companies.
Sebi exempts trust linked to Alembic Pharmaceuticals and Alembic from open offer requirement

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