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| Exchange Disseminated Time | Technocraft Industries (India) Ltd has informed BSE with respect to the Buyback of 52,26,750 equity shares of INR 10/- each (Shares) of Technocraft Industries (India) Ltd ("Target Company") at a price of INR 270/- per Share under tender offer route ("Buyback"), an inadvertent error in the Letter of Offer in section 21(4)(d) appearing on page 27 of the Letter of Offer.
The original paragraph is reproduced below:
"Based on the above definition, there are 761 Small Shareholders with aggregate shareholding of 1,917,161 Shares, as on the Record Date, which constitutes 6.08% of the outstanding paid up equity share capital of the Company and 36.68% of the number of Equity Shares which are proposed to be bought back as part of this Buyback Offer."
The same should be read as below:
"Based on the above definition, there are 12,022 Small Shareholders with aggregate shareholding of 1,917,161 Shares, as on the Record Date, which constitutes 6.08% of the outstanding paid up equity share capital of the Company and 36.68% of the number of Equity Shares which are proposed to be bought back as part of this Buyback Offer."
The other terms and conditions of the Buyback remain unchanged. Terms used but not defined in this letter shall have the same meaning as assigned to such terms in the Letter of Offer. |
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