Financial Daily from THE HINDU group of publications
Thursday, Dec 25, 2003
Financial Daily from THE HINDU group of publications Thursday, Dec 25, 2003 |
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Corporate
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Open Offers Bambolli Holdings makes open offer for AP Tanneries Our Bureau
Hyderabad , Dec. 24 FEDEX Securities Ltd has, on behalf of Bambolli Holdings Pvt Ltd, made an open offer to the public shareholders of Andhra Pradesh Tanneries Ltd to acquire 1,15,000 equity shares of Rs 10 each, representing 20.04 per cent of the subscribed paid-up capital at a price of Rs 7 per share payable in cash. Andhra Pradesh Tanneries is based in Nellimerla in Vizianagaram district of Andhra Pradesh. According to a notification to the Bombay Stock Exchange, the acquirers making the offer include Bambolli Holdings Pvt Ltd, its directors Mrs Urmilla V. Pandit, Mrs Arti S. Saran, Mrs Shefali S. Shah and Mrs Gita R. Pandit, and its associate concerns (who are deemed to be Persons Acting in Concert with the Acquirers). According to the BSE notification, and the schedule, the specified date is January 5, 2004 and the date of opening of offer, February 6, 2004, and the date of closing of the offer is March 6, 2004.
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