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RASOI LTD. - Updates On Delisting Offer - Exit Price

| Updated on February 11, 2019

This is to inform you that we have received a letter dated 11th February, 2019 from J. L. Morison (India) Limited, one of the Acquirers, informing us about the completion of the Reverse Book Building process conducted in the manner specified in Schedule II of the Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2009 as amended from time to time (Delisting Regulations) and the determination of the Discovered/ Exit Price of Rs. 32000/- (Rupees Thirty Two Thousand only) per equity share (Exit Price). Pursuant to this the Acquirers shall acquire 14958 Equity Shares, which is higher than the minimum number of Equity Shares (i.e. 14565 Equity Shares) as required in terms of Regulation 17(1)(a) of the Delisting Regulations.
The Acquirer has further informed that the Post Offer Public Announcement will be published in the newspapers on 12.02.2019 pursuant to Regulation 18 and other applicable provisions of the Delisting Regulations

Pdf Link: RASOI LTD. - Updates On Delisting Offer - Exit Price

Source : BSE - www.bseindia.com

Published on February 11, 2019

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