Offer Size :
The Acquirer is hereby making a mandatory Open Offer in terms of SEBI (SAST) Regulations, 2011 to the public shareholders of the Target Company to acquire 1,41,368 (One Lac Forty One Thousand Three Hundred and Sixty Eight Only) fully paid up equity shares (“Offer Size”) of Rs. 10/‐ each representing 26.00% of the total issued, subscribed, paid up and voting capital of the Target Company
pursuant to Share Purchase Agreement (SPA) dated August 21, 2014.
Price/ consideration :
An offer price of Rs. 15/‐ per equity share of Rs. 10/‐ each of the Target Company (hereinafter referred to as “Offer Price”) aggregating to Rs. 21,20,520 (Rupees Twenty One Lacs Twenty Thousand Five Hundred and Twenty Only) (hereinafter referred to as“Offer Consideration”)
Mode of payment (cash/ security) : Cash