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| Exchange Disseminated Time | SBI Capital Markets Ltd ("Manager to the Open Offer) for and on behalf of Standard Greases and Specialities Private Limited ("Acquirer"), along with (i) Janus Consolidated Finance Private Limited ("PAC 1"), (ii) Alpha TC Holdings Pte Ltd. ("PAC 2"), and (iii) Tata Capital Growth Fund I ("PAC 3") (collectively, being the persons acting in concert ("PAC")) has informed this corrigendum ("Corrigendum”) to the public announcement dated September 22, 2015 ("PA”), the detailed public statement published on September 30, 2015 ("DPS”), and the letter of offer dated December 3, 2015 ("LoF”) in respect of the Open offer to the Shareholders of the Tide Water Oil (India) Ltd ("Target Company"), pursuant to and in compliance with, among others, Regulations 18(4) and 18(5) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 ("SEBI (SAST) Regulations”) with respect to an upward revision in the Offer Price from Rs. 16,632 (Rupees Sixteen Thousand Six Hundred and Thirty Two only) per Offer Share to Rs. 17,505 (Rupees Seventeen Thousand Five Hundred and Five only) per Offer Share.
This Corrigendum should be read in continuation of and in conjunction with, the PA, the DPS, and the LoF which has been dispatched to the Shareholders who hold Equity Shares of the Target Company as on the Identified Date. Capitalized terms used in this Corrigendum but not defined shall have the same meaning as assigned to them in the PA, DPS and LoF. |
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