Public Announcement to the Shareholders of Welspun Global Brands Limited ("Target Company") (Open Offer)

| Updated on July 13, 2012 Published on July 13, 2012

Prime Securities Ltd ("Manager to the Offer") has informed BSE that Krishiraj Trading Limited (the "Acquirer") along with Welspun Mercantile Limited ("Person Acting in Concert" or "PAC"), being promoters of the Target Company are making a voluntary open offer to acquire up to 14,50,000 equity shares of the Target Company representing 13.84% of the voting share capital of the Target Company at a price of Rs. 42 per fully paid-up equity share of the Target Company, in accordance with Regulation 6 of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeover) Regulations, 2011 (“SEBJ (SAST) Regulations”), requiring a public announcement in terms of Regulation 13 of SEBI (SAST) Regulations.

Prime Securities Ltd have been appointed by the Acquirer and the PAC as Manager to the Offer and in terms of Regulation 13 read with Regulation 14 of SEBI (SAST) Regulation, Prime Securities Limited has submitted to BSE a copy of the public announcement in this regards..

Source : BSE - www.bseindia.com

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Published on July 13, 2012
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