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Bhagawati Gases                                                                             Close
Bhagawati Gases - Disclosures under Reg. 7(1A) of SEBI (SAST) Regulations, 1997

The Exchange has received the following disclosure under Regulation 7(1A) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997:

Name of the Target company Bhagawati Gases Ltd
Name of the acquirer and PACs with the acquirer IFCI Ltd
Details Number %
a) Shares / VR* before acquisition under consideration Nil Nil
b) Shares / VR* acquired / (sold) 1,022,166 6.11%
c) Shares / VR* after acquisition / sale 1,022,166 6.11%
Mode of acquisition / sale Preferential allotment by way of conversion of outstanding Zero Rate Optionally Convertible Loan
Date of acquisition / sale of shares April 29, 2008
*VR - Voting Rights

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