Vellanki Jhansilaxmi made an offer to acquire 26% stake in Epsom Properties Limited (BSE:531155) for INR 5.8 million on January 9, 2020. Under the offer, Alias Vellanki Jhansilakshmi will acquire 1.94 million shares at INR 3 per share. In a related transaction, Vellanki Jhansilaxmi entered into an agreement to acquire 56.3% stake in Epsom Properties Limited from Mohan Swami and Chase Perdana Sdn. Bhd. for INR 12.59 million on January 9, 2020. Alias Vellanki Jhansilakshmi have adequate financial resources to meet the obligations of the transaction. This offer is not conditional upon any minimum level of acceptance. As on March 11, 2020, the transaction was approved by the Independent committee of Epsom Properties Limited. This offer opens on March 4, 2020 and will close on March 18, 2020. As of March 14, 2020, the offer opens from March 20, 2020 to April 7, 2020. S Ramakrishna Iyengar of Finshore Management Services Limited acted as manager to Vellanki Jhansilakshmi. R.D. Ramasamy of Cameo Corporate Services Limited acted as registrar to Vellanki Jhansilakshmi. Vellanki Jhansilaxmi completed the acquisition of 0.02% stake in Epsom Properties Limited (BSE:531155) for INR 0.0039 million on April 7, 2020. Vellanki Jhansilaxmi acquired 1292 shares in the offer and now holds 56.32% stake in Epsom.