Updates on Open Offer

Comfort Securities Ltd ("Manager to the Offer") has submitted to BSE a Copy of Announcement under Regulation 18(7) in terms of SEBI (Substantial acquisition of Shares and Takeovers) Regutations, 2011, on behalf of Mr. Nirmal Kumar Tiwari & Mr. Vikram Kumar Karanraj Sakaria ("Acquirers"), pursuant to and in compliance with Regulation 3 and 4 of Securities and Exchange Board of India (Substantial acquisition of Shares and Takeovers) Regutations, 2011 with regard to open offer for acquisition of Equity Shares of Artech Power Products Ltd ("Target Company").

All the changes suggested by SEBI in their comments vide letter dated June 21, 2012 has been incorporated in the Letter of Offer.

Schedule of Activities:

Identified date - June 22, 2012

Date of opening of the Offer - July 09, 2012

Date of Closure of the Offer - July 20, 2012

Source : BSE - >www.bseindia.com

Published on July 09, 2012
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