Corporate Announcement
Security Code : 517380    Company : IGARASHI    
 
Updates on Open OfferDownload PDF
  Exchange Disseminated Time     
MAPE Advisory Group Pvt Ltd ("Manager to the Offer"), on behalf of Agile Electric Sub Assembly Pvt Ltd ("Acquirer") together with Blackstone Capital Partners (Singapore) VI FDI Three Pte. Ltd. ("PAC1") and BFIP (Cayman) VI-ESC FDI Three Ltd ("PAC2') and Padmanaban Mukund ("PAC3") and collectively, PAC1, PAC2 and PAC3, the "PACs"), has informed this Announcement to the Public Shareholders of Igarashi Motors India Ltd ("Target Company"), pursuant to Regulation 18 (7) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (the "SEBI (SAST) Regulations") in respect of the Open Offer (the "Offer") for acquisition of up to 7,314,694 (seven million three hundred and fourteen thousand and six hundred and ninety four) fully paid-up equity shares ('Equity Shares") from the shareholders of the Target Company"). The Public Announcement ('PA") with respect to the Offer was released to the stock exchanges (namely the Bombay Stock Exchange, the National Stock Exchange and the Madras Stock Exchange) on 17 July, 2013 and the Detailed Public Statement ("DPS") with respect to the Offer was published on August 30, 2013.
 

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