Updates on Buy back Offer

Updated on: Feb 11, 2011

India Infoline Ltd ("Manager to the Buyback Offer") on behalf of Hindustan Composites Ltd ("Target Company") has issued this second Corrigendum to the Public Announcement to the equity shareholders/ beneficial owners of Target Company, which is in continuation of & should be read in conjunction with the Public Notice ("PN"), dated October 22, 2010 and the Public Announcement ("PA") dated January 24, 2011, pursuant to the provisions of Regulation 5(A), Regulation 8(1) read with Regulation 15(c) of Securities and Exchange Board of India (Buy Back of Securities) Regulations, 1998, as amended. This Corrigendum should be read in conjunction with the PN and the PA. Attention is drawn to para 5 of the PN and para 1.4, 5(v), 10.1 and 16.4 of the PA. The Minimum Offer Shares being the minimum number of Equity Shares that the Company proposes to Buy-Back has been revised from 1,25,000 Equity Shares to 1,50,000 Equity Shares. Accordingly, the figure of 1,25,000 Equity Shares representing the Minimum Offer Shares as appearing in para 5 of the PN and para 1.4, 5(v), 10.1 and 16.4 of the PA should be read as 1,50,000 Equity Shares. The capitalized terms and abbreviations used in this Corrigendum have the same meaning as ascribed to them in the PA / PN, unless otherwise specified. All other information and terms of the Buy-Back as disclosed in the PA/PN remains unchanged.

Source : BSE - >www.bseindia.com

Published on February 11, 2011

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