Corporate Announcement
Security Code : 502330    Company : ANDHRAPAP    
 
Post Open Offer StatusDownload PDF
  Exchange Disseminated Time     
Lazard India Pvt Ltd ("Manager to the Offer"), on behalf of IP Holding Asia Singapore Pte. Ltd. ("Acquirer") along with International Paper Company ("Person Acting in Concert" or "PAC") has informed this Post Offer Public Announcement to the equity shareholders of The Andhra Pradesh Paper Mills Ltd ("Target Company"), which is in continuation of and should be read in conjunction with the Public Announcement ("PA") dated April 01, 2011, Corrigendum to the PA dated May 23, 2011, Second Corrigendum to the PA dated August 10,2011, Third Corrigendum to the PA dated August 18, 2011 & Letter of Offer dated August 24, 2011, under the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations 1997 ("Regulations"), to acquire 8,567,521 shares of the Target Company at a price of Rs. 544.20 per share, payable in cash.

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