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| Exchange Received Time 08/08/2018 21:49:23 Exchange Disseminated Time 08/08/2018 21:49:28 Time Taken 00:00:05 | We refer to the stock exchange announcement made by ICICI Securities Limited on June 22, 2018 enclosing a letter issued to it by the Securities and Exchange Board of India, stating that the tendering period for the open offer made by the Procter & Gamble Overseas India B.V. (the Acquirer) may commence not later than twelve working days from the receipt of approvals from the Competition Commission of India (CCI) and the Department of Pharmaceuticals.
We have come across certain media reports indicating that the CCI has approved the application filed by the Acquirer in connection with the proposed acquisition of 51.80% shares of the Company by the Acquirer.
We would like to clarify that the Company the Company has not received any communication from the CCI in respect of the application moved by P&G in this regard.
Appropriate disclosures will be made by the Company within the stipulated time as per the SEBI Listing Regulations.
This is for your information and record.
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