Indian Bright Steel Company Ltd: Updates on Open Offer

Aryaman Financial Services Ltd ("Manager to the Offer") on behalf of Vitesse Telecom Pvt Ltd ("Acquirer") has issued this Corrigendum to the Public Announcement to the shareholders of Indian Bright Steel Company Ltd ("Target Company"), which is in continuation of & should be read in conjunction with the Corrigendum to the Public Announcement ("PA") issued on January 19, 2011, Pursuant to Regulation 10 and 12 and other provisions of Chapter III and in Compliance with the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 and subsequent amendments thereto.

The following changes/additions/ modifications have been made in the original public Announcement

Other Terms of the Offer
The schedules of the activities pertaining to the offer are given below :
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ActivityOriginal ScheduleRevised Schedule
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Specified DateFebruary 04, 2011 February 04, 2011
Date of Opening of the OfferMarch 09, 2011 April 01, 2011
Date of Closing of the OfferMarch 28, 2011 April 20, 2011
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All other terms, conditions and information of the PA remain unchanged.Read More