|
| Exchange Disseminated Time | Citigroup Global Markets India Private Limited ("Manager to the Open Offer") has submitted to BSE detailed Public Statement to the equity Shareholders of ZF Steering Gear India Ltd ( Target Company) under regulations 3(1), 4 and 5(1) read with regulations 13(4) and 15(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations 2011, regarding Open offer (“Offer”) for acquisition of up to 23,59,058 (twenty three lakh fifty nine thousand and fifty eight) fully paid up equity shares of face value of INR 10 (Indian Rupees Ten) each (“Equity Shares”), representing
26% (twenty six per cent) of the total equity share capital of Target Company on a fully diluted basis, as of the 10th (tenth) working day from the closure of the tendering period of the Offer, from the equity shareholders of the Target Company by ZF Lenksysteme GmbH (“Acquirer”) and Robert Bosch GmbH (“PAC”). |
|
|