JM Financial Limited has submitted to the Exchange a copy of Public Announcement for Open Offer V.I.P. Industries Limited. (the Target Company ) under Regulation 3 (1) and Regulations 4 read with Regulations 13, 14 and 15 (1) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 , As Amended.