We have received a copy of the Detailed Public Statement published in newspaper from Srujan Alpha Capital Advisors LLP (Lead Manager to the Issue), in connection with the open offer made by Mr. Neerav Bairagi (Acquirer), under Regulations 3 (1) and 4 of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, for acquisition of shares of JMG Corporation Limited (Target Company) .