Pharmaids Pharmaceuticals Ltd

Saffron Capital Advisors Pvt Ltd (Manager to the Open Offer) has submitted to BSE a copy of Offer Opening Public Announcement under Regulations 18(7) of The Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations 2011 as amended (SEBI (SAST) Regulation 2011) for the attention of the public shareholders of Pharmaids Pharmaceuticals Ltd (Target Company).