Corporate Announcement
Security Code : 522275    Company : GET&D    
 
Updates on Open Offer 
  Exchange Disseminated Time     
Credit Suisse Securities (India) Private Limited (“Manager to the Offer”), on behalf of GE Energy Europe B.V. (“GE Europe” or the “Acquirer”) along with General Electric Company (“GE” or “PAC 1”) and GE Albany Global Holdings B.V. (“GE Albany” or “PAC 2” and, together with PAC 1, the “PAC”), in their capacity as persons acting in concert with the Acquirer has informed this Announcement to the public shareholders of Alstom T & D 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 and subsequent amendments thereto (“SEBI (SAST) Regulations”), in respect of the open offer (the “Offer” or “Open Offer”) for the acquisition of up to 64,011,639 (sixty four million eleven thousand six hundred and thirty nine) fully paid-up equity shares of face value of INR 2 (Indian Rupees two) each (“Equity Shares”), representing 25% (twenty five percent) of the total fully paid-up fully diluted voting Equity Share capital of the Target Company. This Announcement should be read in continuation and in conjunction with the Public Announcement dated May 5, 2014 (“PA”), the Detailed Public Statement with respect to the Offer dated November 6, 2015 (“DPS”) and the Letter of Offer dated January 7, 2016 (“Letter of Offer”). The detailed public statement (“DPS”) with respect to this Offer was published on November 6, 2015.
 

Disclaimer

Back To Announcements