Shiva Medicare Ltd has submitted to BSE a copy of Recommendations of the Committee of Independent Directors (IDC) on the Open Offer to the Shareholders of the Shiva Medicare Limited (' Target Company'/ 'SML') by M/s. Grey Mat Techno Solutions Limited and M/s. Krian Consultancy Services Private Limited ('Acquirers') under Regulation 26(7) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.