Corporate Announcement
Security Code : 533252    Company : WELINV    
 
Updates on Open OfferDownload PDF
  Exchange Disseminated Time     
Prime Securities Ltd ("Manager to the Offer"), for and on behalf of Krishiraj Trading Ltd ("Acquirer") alongwith Welspun Mercantile Ltd ("WML"/"PAC1") and Welspun Wintex Ltd ("WWL"/"PAC 2") as Person Acting in concert ("PAC") has informed this Corrigendum to the Detailed Public Statement ("Corrigendum") in respect of the Open Offer to the Public shareholders of Welspun Investments and Commercials Ltd ("Target Company"), pursuant to and in compliance with Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 and subsequent amendments thereto ("SEBI (SAST) Regulations"). This Corrigendum should be read in continuation of, and in conjunction with Detailed Public Statement ("DPS") dated September 26, 2012.

Te shareholders of the Target Company are requested to note the following, based on the observations by SEBI letter dated November 19, 2012:

The schedule of activities pertaining to the Offer should be read as under:

Capitalized terms used in this Corrigendum but not defined shall have the same meaning as assigned In the DPS. The other terms and conditions remain unchanged.

(For more details kindly refer Corporate Announcements on www.bseindia.com).
 

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