Update on Previous Pick: Bharati Shipyard
This Offer is made to all shareholders of the Target Company in terms of Regulation 10 of the SEBI(SAST) Regulations to acquire up to 78,26,788 fully paid-up equity shares of face value of Rs 10 each of the Target Company forming 20% of the Emerging Voting Capital of the Target Company at a price of Rs 344.00 (Rupees Three hundred & forty-four only) for each fully paid-up equity share ("Offer Price") to be paid in cash in accordance with the SEBI (SAST) Regulations, & subject to the terms & conditions mentioned in PA & as will be set out in the Letter of Offer in relation to the Offer ("Letter of Offer") aggregating to Rs 269,24,15,072 (Rupees Two hundred & sixty-nine crores twenty-four lacs fifteen thousand seventy-two only) ("Offer Size").
Schedule of Activities:
Specified Date - June 19, 2009
Date of Opening of the Offer - July 25, 2009
Date of Closing of the Offer - August 13, 2009
URL of the pick: (click here)
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