|
| Exchange Disseminated Time | With regard to Open Offer to acquire upto 4,964,283 equity shares of Rs. 10/- each at a price of Rs. 135/- per share of Kamat Hotels (India) Ltd ("Target Company") representing 26% of its paid-up equity share and voting capital by Clearwater Capital Partners (Cyprus) Ltd ("Acquirer") and Clearwater Capital Partners Singapore Fund III Pvt Ltd ("Person acting in concert or "PAC"), Systematix Corporate Services Ltd ("Manager to the Offer") has now informed BSE that the Offer made by the Acquirer and the PAC vide the Public Announcement ("PA") dated January 11, 2012 and subsequent Detailed Public Statement ("DPS") dated January 18, 2012 is delayed from its tentative schedule. The shareholders of the Target Company are requested to note that the revised date of Commencement of the Tendering Period ("TP") of the Offer will be intimated on receipt of SEBI final observations.
(For more details kindly refer Corporate Announcements on www.bseindia.com). |
|
|