Enam Securities Pvt Ltd ("Manager to the Offer") on behalf on Stanley Electric Co., Ltd ("Acquirer") has issued this Post Offer Public Announcement to the shareholders of Lumax Industries Ltd ("Target Company"), which is in continuation of and should be read in conjunction with the Public Announcement ("PA") dated May 14, 2007 & Corrigendum to PA dated June 30, 2007 & December 10, 2007, under the Securities & Exchange Board of India (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 & subsequent amendments thereto (the "Regulations"), to acquire 1,869,547 fully paid-up Equity Shares of Rs 10/- each (Equity Shares), representing 20% of the outstanding voting equity share capital of Target Company at a price of Rs 540.03/- per fully paid-up Equity Share payable in cash ("the Offer") are as under:
Details of the Acquisition:
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Item Proposed in the Actuals
offer document
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1. Offer Price Rs 540.03/- Rs 540.03/-
2. Shares acquired in the 1,869,547 (20.00%) 1,869,547 (20.00%)
open offer (No & %)
3. Post offer Shareholding 4,327,712 (46.30%) 4,327,712 (46.30%)
of Acquirer (No & %)
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