|
| Exchange Disseminated Time | Morgan Stanley India Company Pvt Ltd ("Manager to the Offer") has informed BSE that, as required under Regulation 18(7) of SEBI Takeover Regulations, the Offer opening advertisement and the Corrigendum to the Detailed Public Statement as per comments issued by SEBI on the Draft Letter of Offer on July 05, 2013 was published on July 23, 2013 in newspapers.
Morgan Stanley India Company Pvt Ltd has submitted to BSE a copy of the Offer opening advertisement and the Corrigendum to the Detailed Public Statement.
This Advertisement is being issued by Morgan Stanley India Company Private Ltd (the “Manager to the Open Offer”), on
behalf of McGraw-Hill Asian Holdings (Singapore) Pte. Ltd. (the “Acquirer”) along with S&P India LLC (“S&P India”), Standard
& Poor’s International LLC (“S&P International”), and McGraw Hill Financial, Inc. (“McGraw Hill”), in their capacity as
persons acting in concert (each entity individually referred to as “PAC”, and together, referred to as “PACs”) with the Acquirer
pursuant to Regulation 18 (7) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations 2011 (the “SEBI (SAST) Regulations”) in respect of the Voluntary Open Offer (the “Offer”) for acquisition of upto 15,670,372 fully paid-up equity shares of face value of Rs 1 each (“Shares”), at Rs 1,210 per Share (the “Offer Price”), representing 22.23% of the voting equity share capital (“Voting Share Capital”) as on date of the Public Announcement (“PA”) and 21.76% of the Fully Diluted Voting Equity Share Capital from the Shareholders of CRISIL Ltd ("Target Company"). |
|
|