Comfort Securities Ltd ("Manager to the Offer"), on behalf of Taranya Project Pvt Ltd ("Acquirer") has issued this Post Offer Public Announcement ("Post PA") to the Equity Shareholders of Confidence Trading Company Ltd ("Target Company"), which is in continuation of & should be read in conjunction with the PA dated January 21, 2011& the Letter of Offer dated March 11, 2011, pursuant to and in compliance with the Regulations 10 and 12 of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 and subsequent amendments thereto (the "SEBI (SAST) Regulations").
This Open Offer is made by the Acquirer to acquire up to 10,000 Equity shares of face value of Rs. 10/- each of the Target Company representing 20% of total issued, subscribed and paid up capital of the Target Company ("Offer Size") at a price of
Rs. 10/- (Rupees Ten Only) per fully paid up equity share ("Offer Price") payable in cash.
The details required to be notified under the SEBI (SAST) Regulations following completion of the offer are as under :
Details of the acquisition:
Sensex
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Wednesday, April 13, 2011
Confidence Trading Company Ltd: Post Offer Status
Comfort Securities Ltd ("Manager to the Offer"), on behalf of Taranya Project Pvt Ltd ("Acquirer") has issued this Post Offer Public Announcement ("Post PA") to the Equity Shareholders of Confidence Trading Company Ltd ("Target Company"), which is in continuation of & should be read in conjunction with the PA dated January 21, 2011& the Letter of Offer dated March 11, 2011, pursuant to and in compliance with the Regulations 10 and 12 of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 and subsequent amendments thereto (the "SEBI (SAST) Regulations").
This Open Offer is made by the Acquirer to acquire up to 10,000 Equity shares of face value of Rs. 10/- each of the Target Company representing 20% of total issued, subscribed and paid up capital of the Target Company ("Offer Size") at a price of
Rs. 10/- (Rupees Ten Only) per fully paid up equity share ("Offer Price") payable in cash.
The details required to be notified under the SEBI (SAST) Regulations following completion of the offer are as under :
Details of the acquisition:
This Open Offer is made by the Acquirer to acquire up to 10,000 Equity shares of face value of Rs. 10/- each of the Target Company representing 20% of total issued, subscribed and paid up capital of the Target Company ("Offer Size") at a price of
Rs. 10/- (Rupees Ten Only) per fully paid up equity share ("Offer Price") payable in cash.
The details required to be notified under the SEBI (SAST) Regulations following completion of the offer are as under :
Details of the acquisition:
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