Techwave Launches Open Offer To Acquire 26% Stake In Moschip Semiconductor

New Delhi: Singapore-based IT company Techwave has launched an open offer to acquire a 26 per cent stake in electronic chip design firm Moschip Semiconductor Technology for about Rs 20.7 crore. IIFL Holdings Limited, which is managing the offer, has submitted a copy with amendments in the offer "for acquisition of up to 29,586,054 equity shares of the Target Company (Moschip) representing 26 per cent of the Voting Share Capital", Mo...