Corporate Announcement
Security Code : 505163    Company : ZFSTEERING    
 
Updates on Open OfferDownload PDF
  Exchange Disseminated Time     
Citigroup Global Markets India Private Limited (“Manager to the Offer”) for and on behalf of Robert Bosch GmbH (“Acquirer”) along with Robert Bosch Automotive Steering GmbH (“Person Acting in Concert” or “PAC”) has informed this Announcement to the public Shareholders of ZF Steering Gear 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 (“SEBI (SAST) Regulations”) in respect of the open offer to acquire up to 23,59,058 equity shares of the Target Company having a face value of Rs. 10 each (“Equity Shares”), representing 26% of the total equity share capital of the Target Company on a fully diluted basis as of the 10th (tenth) Working Day from the Closure of the Tendering Period (“Offer”) pursuant to and in compliance with Regulations 4 and 5(1) of the SEBI (SAST) Regulations. This Advertisement should be read in continuation and in conjunction with the Public Announcement dated September 15, 2014 (“PA”), the Detailed Public Statement with respect to the Offer dated February 2, 2015 (“DPS”) and the Letter of Offer dated July 31, 2015 (“Letter of Offer”). The DPS was published on February 02, 2015.
 

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