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The Acquirer is making an Open Offer to the Equity Shareholders of the Target Company to acquire 52,80,687 fully paid up equity shares of Rs. 10/- each representing 20.22% of the post preferential issue paid up capital & 20% of the Emerging Voting Capital of the Target Company at a offer price of Rs. 207/- per share payable in cash ("Offer Price"), in terms of the Regulations (the "Offer" or "Open Offer").
Schedule of Activities:
Specified Date - October 22, 2010
Date of Opening of the Offer - November 29, 2010
Date of Closing of the Offer - December 18, 2010