CORRIGENDUM TO THE PUBLIC ANNOUNCEMENT TO THE SHAREHOLDERS OF
Amzel Automotive Limited
(Registered Office –225,A-Z, Industrial Estate, Ganpatroa Kadam Marg, Mumbai 400 013)
Further to the Public Announcement ("PA") dated July 12, 2003 to the Shareholders of Amzel Automotive Ltd. (AAL) issued by Vivro Financial Services Pvt. Ltd. on behalf of Mr. Saleem Fazelbhoy residing at 207, Samudra Mahal, Dr. Annie Besant Road, Worli, Mumbai, Maharashtra 400 018 and M/s. Amzel Private Limited having its registered office at 225, A-Z Industrial Estate, Ganpatrao Kadam Marg, Mumbai 400 013 (the “Acquirers”), Shareholders are requested to kindly note the following:
1. The last date of revising the offer price / number of shares as mentioned in the activity schedule be read as Sunday, 28th September 2003 instead of Tuesday, 30th September 2003. Accordingly, in para 8 (b) of the original PA. last date for revision of offer price be read as 28.09.2003 instead of 30.09.2003.
2. The total no. of shareholders of AAL in Public Category is 285.
3. The table in para 5.3 of the draft Letter of Offer regarding status of compliance with Chapter II of the Takeover Regulations has been replaced with the following:
Sl. No.
|
Regulation/ Sub- regulation
|
Due Date for compliance as mentioned in regulation
|
Actual date of compliance
|
Delay, if any (in No. Of days)
Col. 5 - Col. 4
|
Remarks
|
|
1
|
2
|
3
|
4
|
5
|
6
|
7
|
|
1
|
6(2)
|
--
|
20.05.1997
|
12.07.2002
|
1877
|
Filed under SEBI Regularization Scheme 2002
|
|
2
|
6(4)
|
--
|
20.05.1997
|
12.07.2002
|
1877
|
Do
|
|
3
|
8(3)
|
F. Y ending 31.03.97
Record date for 30.09.97
Dividend
|
30.04.1997
29.10.1997
|
30.10.2002
30.10.2002
|
1896
1826
|
Do
|
|
4
|
8(3)
|
F. Y ending 31.03.98
Record date for 11.08.98
Dividend
|
30.04.1998
10.09.1998
|
30.10.2002
30.10.2002
|
1532
1480
|
Do
|
|
5
|
8(3)
|
F. Y ending 31.03.99
Record date for 30.09.99
Dividend
|
30.04.1999
29.10.1999
|
30.10.2002
30.10.2002
|
1167
1096
|
Do
|
|
6
|
8(3)
|
F. Y ending 31.03.00
Record date for 26.09.00
Dividend
|
30.04.2000
25.10.2000
|
30.10.2002
30.10.2002
|
802
735
|
Do
|
|
7
|
8(3)
|
F. Y ending 31.03.01
Record date for 06.09.01
Dividend
|
30.04.2001
05.10.2001
|
30.10.2002
30.10.2002
|
437
390
|
Do
|
|
8
|
8(3)
|
F. Y ending 31.03.02
Record date for 25.09.02
Dividend
|
30.04.2002
24.10.2002
|
12.07.2002
10.10.2002
|
71
NA
|
Do
|
|
9
|
8(3)
|
F. Y ending 31.03.03
|
30.04.2003
|
08.04.2003
|
NA
|
-
|
|
10
|
7(3)
|
-
|
NA
|
-
|
-
|
-
|
4. The word ‘consolidated’ in para 5.8 of the draft Letter of Offer has been deleted.
5. The extracts of the audited annual financial results of M/s Amzel Automotive Ltd. for the year 2002-2003 are:
Turnover Rs.21,25,58,820 NPAT Rs.64,40,900
Net Worth Rs.5,04,26,280 Return on Net Worth 12.77%
Book Value per share Rs.84.04 EPS Rs.10.73
This Corrigendum to Public Announcement will also be available on SEBI website at www.sebi.gov.in
The Acquirers, accept full responsibility for the information contained in this Announcement.
Issued by: Manager To The Offer
|
On Behalf of
|
|
Vivro Financial Services Private Limited
Contact Person: Mr. Tushar Ashar, Vice President
Manu Mansion
16/18, Shahid Bhagatsingh Road,
Opp. Old Custom House, Fort, Mumbai – 400 023
Tel.: (022) 22657364, Fax: (022) 22658406
Email: mumbai@vivro.net
|
Mr. Saleem Fazelbhoy (Acquirer)
207, Samudra Mahal, Dr. Annie Besant Road, Worli,
Mumbai – 400 018
M/s Amzel Pvt. Ltd. (Acquirer)
225, A- Z Industrial Estate, Ganpatrao Kadam Marg, Lower Parel,
Mumbai – 400 013
|
Place: Mumbai Date: August 19, 2003