Palred Technologies Limited
• Offer Size :
The Acquirer and the PAC hereby makes this Offer to acquire 1,01,49,700 fully paid-up equity
shares of face value of Rs. 5 each of the Target Company (“Equity Share”) representing 26% of the voting
capital of the Target Company (“Equity Share Capital”) subject to the terms and conditions mentioned in this
Public Announcement (“PA”), the Detailed Public Statement (“DPS") that will be published and the Letter of
Offer ("LoF") that will be sent to the Equity Shareholders of the Target Company, in accordance with the
• Offer Price / Consideration:
The Offer price of Rs. 16.70 per fully paid-up Equity Share of face value of Rs.
5 each, is calculated in accordance with Regulations 8(1) and 8(2) of the Regulations (“Offer Price”),
aggregating to a consideration of up to Rs. 16,94,99,990 (Rupees Sixteen Crores Ninety Four Lakhs Ninety
Nine Thousand Nine Hundred and Ninety only), assuming full acceptance in the Open Offer.
• Mode of Payment: The Offer Price will be paid in Cash, in accordance with Regulation 9(1)(a) of the