Wednesday, 25 June 2014

Suryakrupa Finance Limited(Public Announcement)


1. Offer Details 
 
 Offer Size (No. of equity shares): The Offer is for acquisition of 2,60,000 (Two Lac and Sixty 
Thousand only) equity shares constituting 26% of the paid-up and voting capital of the Target 
Company. The face value of equity shares of the Target Company is `10/- (Rupees Ten only). 
 
 Offer Price / Consideration (in `): The Offer Price is `4.00/- (Rupees Four only) per fully paid up 
equity share calculated in accordance with Regulation 8(1) and 8(2) of the Regulations. 
 
The total funds required by the Acquirers for implementation of the Offer (assuming full 
acceptances) aggregates to `10,40,000/- (Rupees Ten Lac and Forty Thousand Only) (“Offer 
Consideration”). 
 
 Mode of payment (cash / security): The Offer Price is payable in “Cash” in accordance with 
Regulation 9(1)(a) of the Regulations. 
 
 Type of offer (Triggered offer, voluntary offer/ competing offer etc.): This is a “Triggered 
Offer” under the Regulation 3(1) and 4 of the Regulations pursuant to Share Purchase 
Agreement dated June 20, 2014 (“SPA” or “the Agreement”). 

For more detail click on given link :


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