Glenmark Life Sciences

Any views on the Open Offer. Personally, I am a long term investor and not interested in tendering my shares.

Views invited on below:

1. Nirma has mentioned that they don’t intend to delist, how they will manage stake reduction which will increase from 75% promoter holding post this open offer
2. In case Nirma gets more than 90 per cent shares and plans for delisting, what will be my options( Post closure of Open offer in Nov 2023)

Thanks