Corporate Announcement
Security Code : 532616    Company : XCHANGING    
 
Updates on Open Offer 
  Exchange Disseminated Time     
Kotak Mahindra Capital Company Limited (the “Manager to the Offer”) for and on behalf of CSC Computer Sciences International Operations Limited (“Acquirer”) along with Computer Sciences Corporation (“CSC”) and CSC Technologies India Private Limited (“CSC India”) and Computer Sciences Corporation India Private Limited (“CSC IPL”) (CSC, CSC India and CSC IPL are collectively referred to as “PACs”), in their capacity as the persons acting in concert with the Acquirer, has informed this Corrigendum Announcement (“Corrigendum to PA”) to public announcement released on December 15, 2015 (“Public Announcement”) to the Public Shareholders of the Xchanging Solutions Ltd ("Target Company") regarding Open offer (“Offer”) for acquisition of up to 27,850,929 fully paid-up equity shares of face value of INR 10 (Indian Rupees ten) each (“Equity Shares”), representing 25% (twenty five percent) of the fully diluted voting equity share capital of the Target Company. Save and except for the PACs and entities mentioned at clause 2.3 of the Public Announcement, no other person is acting in concert with the Acquirer for the purpose of this Offer, pursuant to and in compliance with Regulations 3, 4 and 5(1), and other applicable regulations of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 and subsequent amendments thereto (“SEBI (SAST) Regulations”) to amend and supplement the Public Announcement and is in continuation of and should be read in conjunction with the Public Announcement, unless otherwise specified.
 

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