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| Exchange Disseminated Time | Religare Capital Markets Ltd ("Manager to the Open Offer") for and on behalf of Igarashi Electric Works Ltd, a company incorporated in Japan ("IEWL"/ "Acquirer"), together with MAPE Advisory Group Pvt Ltd (“MSPL”/“PAC 1”), Alpha FDI Holdings
PTE. LTD (“Alpha”/“PAC 2”), Tata Capital Growth Fund I (“TCGF”/“PAC 3”), Igarashi Electric Works (H.K.) Limited (“IEWLHK”/“PAC 4”) and Agile Electric Sub Assembly Private Limited (“Agile”/“PAC 5”) (PAC 1, PAC 2, PAC 3, PAC 4 and PAC 5 collectively referred to as the “PACs”), in their capacity as persons acting in concert with the Acquirer has informed this detailed public statement (“DPS”) to the Shareholders of Igarashi Motors India Ltd ("Target Company"), in compliance with Regulations 3, 4 and 5(1) read with Regulations 13(4), 14 and 15(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 and subsequent amendments thereto (the “SEBI SAST Regulations” and reference to a particular “Regulation” shall mean the particular regulation framed pursuant to the SEBI SAST Regulations), pursuant to the public announcement in relation to the Offer dated January 29, 2015 (“PA”), filed with BSE Limited (“BSE”), National Stock Exchange of India Limited (“NSE”) (collectively referred to as the “Stock Exchanges”), the Securities and Exchange Board of India (“SEBI”) and dispatched to the Target Company on January 29, 2015 in terms of Regulations 14(1) and 14(2). |
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