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| Exchange Disseminated Time | Kavveri Telecom Products Ltd has informed BSE about the following:
Anand Rathi Advisors Ltd ("Manager to the Offer"), on behalf of the Mr. C. Shivakumar Reddy (Mr. Chennareddy Shivakumar Reddy), Mrs. R. H. Kasturi (Mrs. Rajupeta Hanumanthareddy Kasturi) & Ms. C. Uma Reddy (Ms. Chennareddy Uma Reddy) ("Acquirers"), has informed this Post Offer Public Announcement ("Announcement") to the Shareholders of Kavveri Telecom Products Ltd ("Target Company"), which is in continuation of & should be read in conjunction with the Public Announcement ("PA") dated February 07, 2011, Corrigendum to PA dated April 29, 2011 and Letter of Offer ("LOF") dated April 29, 2011 in compliance with Regulation 10 and other applicable Regulations of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulation, 1997 and subsequent amendments thereto ("SEBI (SAST) Regulations") to acquire upto 28,13,796 fully paid up Equity Shares of Rs. 10/- each of the Target Company representing 20 % of the Equity Voting Share Capital at a Price of Rs. 116.47/-per Equity Share.
The terms used but not defined in this Announcement shall have the same meaning assigned to them as in the PA and LOF.
The details required to be notified under the SEBI (SAST) Regulations following completion of the offer are as under:
Details of the Acquisition:
(For more details kindly refer Corporate Announcements on www.bseindia.com). |
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