Opening of Offer to Buy – Acquisition Window (Takeover) of SHREE KRISHNA INFRASTRUCTURE LIMITED

• Notice No: 20250213-23
• Notice Date: 13 Feb 2025
• Category: Trading
• Segment: Equity

Trading Members and Custodians are requested to note that Securities Exchange Board of India (SEBI) has issued Mechanism for acquisition of shares through Stock Exchange pursuant to Tender-Offers under Takeover, Buy Back and De-listing vide its circular no. CIR/CFD/POLICYCELL/1/2015 dated April 13,2015 and no. CFD/DCR2/CIR/P/2016/131 dated Dec 09, 2016. The Exchange vide its notice no. 20170210-16 dated Feb 10, 2017,20190424-35 dated April 24,2019 and 20200528-32 dated 28 May 2020, 20201102-43 dated 02 Nov 2020, 20210825-62 dated Aug 25,2021 has issued Revised Guidelines of Mechanism for acquisition of shares through Stock Exchange pursuant to Tender-Offers under Takeovers, Buy Back and Delisting.

All market participants are hereby informed that an Open offer is made by Mr. Prashant Lakhani (“ACQUIRER”) to the Public Shareholders of SHREE KRISHNA INFRASTRUCTURE LIMITED (“Target Company ”) at a price of Rs 12.00/- (Rupees Twelve Only), payable in cash to Acquire up to 28,60,000 (Twenty Eight Lakhs Sixty Thousand) fully paid-up equity shares of face value of  Rs.10.00/- each representing 26.00% of Emerging Voting Share Capital of the Target Company pursuant to and in compliance with the provisions of regulations 3(1) and 4 of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) regulations, 2011, and amendments thereto. This Offer is being made pursuant to the Regulation 3(1) and Regulation 4 of the SEBI (SAST) Regulations, 2011 and thereof for substantial acquisition of shares / voting rights accompanied with change in control. (“SEBI (SAST) Regulations, 2011”) from the Eligible Equity Shareholders from Tuesday, 18th February, 2025 to Wednesday, 05^Th March , 2025. (Excluding 19^th February 2025 and 26^Th February 2025 due to SEBI Holiday).

The Market lot for tendering shares is 1250 Equity Shares.

Letter of Offer is herewith attached for your perusal.

Market participants are further requested to note that this offer will be as per the Revised Guidelines of SEBI circular no. CFD/DCR2/CIR/P/2016/131 dated Dec 09, 2016 and Exchange notice no. 20170210-16 dated Feb 10, 2017 and 20190424-35 dated April 24, 2019 along with the details of this Offer to Buy would be available on BSE Website – www.bseindia.com.

Mangesh Tayde

Deputy General Manager

Listing Business Relationship

February 13, 2025