The Acquirer hereby make this Open Offer to the Public Shareholders of the Target
Company to acquire up to 8,32,000 fully paid up equity shares of face value of Rs 10/- (Rupee
Ten only) each of the Target Company (“Equity Shares”) constituting 26% of the fully paid up
equity share capital of the Target Company (“Offer Size”).
(b) Price : The Offer Price of Rs 5/- (Rupees Five Only) per equity share
(c) Mode of Payment: The Offer Price is payable in cheque/demand draft .