SRF Polimers Ltd-Corrigendum to the Public Announcement

Dec 24, 2003
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Takeovers : Other Documents

CORRIGENDUM TO THE PUBLIC ANNOUNCEMENT

TO THE SHAREHOLDERS OF SRF POLYMERS LIMITED (SRFP)

(Regd. Off.:Express Building, 9-10, Bahadur Shah Zafar Marg, New Delhi-110002

Tel.No.: 011-23738494 Fax No.:011-23324052)

This corrigendum is in continuation to the Public Announcement (PA) that appeared in this newspaper on the 24th November 2003 and should be read in conjunction with the PA and the Letter of Offer being issued to the shareholders of SRF Polymers Ltd. for a cash offer at Rs. 40/- (Rupees Forty only) to acquire upto 23,50,000 fully paid-up equity shares of face value Rs. 10/- each, representing 36.42% of the voting capital. Please refer to the PA for any definitions/ abbreviations used in this corrigendum.

 

Revised Activity Schedule

 

Activity

Earlier Dates

Revised Dates

Public Announcement (PA) Date

Nov.24th 2003, Monday

Nov.24th 2003, Monday

Specified Date

Dec.8th 2003, Monday

Dec.8th 2003, Monday

Date by which Letter of Offer will be despatched to the shareholders

Dec.31st 2003, Wednesday

Dec.31st 2003, Wednesday

Offer opening date

Jan 5th 2004, Monday

Jan 5th 2004, Monday

Offer closing date

Feb. 3rd 2004, Tuesday

Feb. 3rd 2004, Tuesday

Last date for competitive bid

Dec. 15th 2003, Monday

Dec. 15th 2003, Monday

Last date for revising offer price/no. of shares

Jan.22nd 2004, Thursday

Jan.21st 2004, Wednesday

Last date for withdrawal of shares tendered in this Offer

Jan.29th 2004, Thursday

Jan.28th 2004, Wednesday

Date by which acceptance / rejection would be intimated and the payment for acquired shares and / or the share certificate for the rejected shares will be despatched

March 4th 2004, Thursday

March 4th 2004, Thursday

 

Please note that the Offer is being made to all the shareholders (except the Acquirers, the Persons Acting in Concert with Acquirers and parties to Agreement) whose names appeared in the register of shareholders on 8th Dec. 2003 and also to those persons (except the Acquirers, the Persons Acting in Concert with Acquirers and parties to Agreement) who own the shares any time prior to the closure of the Offer, but are not the registered shareholder(s).

 

The Board of Directors of Bhairav Farms Private Limited, Narmada Farms Private Limited, Skylark Investments & Trading Private Limited and Mr. Arun Bharat Ram jointly and severally accept responsibility for the information contained in this Public Announcement and also for all the obligations of the Acquirers and the Persons Acting in Concert as laid down in the SEBI (SAST) Regulations and any subsequent amendments thereto. The other terms and conditions of the Offer remain unchanged. The PA and this corrigendum is also available on SEBI website www.sebi.gov.in.

Issued by MANAGER TO THE OFFER

Strategic

Stratcap Securities (India) Pvt. Ltd.

Strategic House, 44, Mint Road, Fort, Mumbai – 400 001

Tel: 022-56349946-49 Fax: 022-22642393 E-mail: info@strategicindia.net

Contact Person: Mr.Manish Jain, Vice President

On Behalf Of

Bhairav Farms Private Limited

(Regd. Office: 1, Silver Oak Avenue, Westend Green Farms, Rajokari, New Delhi – 110 038)

(Tel. No.: 011-51667788 Fax No. : 011-51667676)

Narmada Farms Private Limited

(Regd. Office:2, Silver Oak Avenue, Westend Green Farms, Rajokari, New Delhi – 110 038)

(Tel. No. : 011-51667788 Fax No. : 011-51667676)

  

Place: Mumbai

Date : 20th December 2003