Saffron Capital Advisors Pvt Ltd ("Manager to the Open Offer") has submitted to BSE a copy of offer opening public announcement under Regulation 18(7) of the SEBI (SAST) Regulations 2011 as amended and corrigendum to the detailed public statement and the Draft Letter of Offer ("Corrigendum") for the attention of the Public Shareholders of Shantai Industries Ltd ("Target Company").