|
Exchange Disseminated Time | Ambit Corporate Finance Private Limited and ICICI Securities Limited (the “Managers to the Offer”), on behalf of the Zuari Fertilisers and Chemicals Ltd ("Acquirer") together with Zuari Agro Chemicals Ltd ("PAC1"), United Breweries (Holdings) Ltd ("PAC2"), Kingfisher Finvest India Ltd ("PAC3") and McDowell Holdings Ltd ("PAC4") as the persons acting in concert (Collectively, "PAC") has informed this detailed public statement (“DPS”) to the Public Shareholders of Mangalore Chemicals & Fertilizers Ltd ("Target Company"), in compliance with Regulation 13(4) read with Regulation 15(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 and subsequent amendments thereto (“SEBI Takeover Regulations”), pursuant to the public announcement dated May 12, 2014 (“PA”) filed with BSE Limited (“BSE”), the National Stock Exchange of India Limited (“NSE”) and the Bangalore Stock Exchange Limited (“Bangalore SE”, and together with NSE and BSE referred to as “Stock Exchanges”), in compliance with Regulation 20 read with Regulation 3(1) and other applicable regulations of the SEBI Takeover Regulations. The PA was also filed with the Securities and Exchange Board of India (“SEBI”) and sent to the Target Company by way of letters dated May 12, 2014, in terms of Regulations 14(2) of the SEBI Takeover Regulations. This Offer is a competing offer as further detailed in Part II (Background to the Offer) of this DPS. |
|
|