CORRIGENDUM TO PUBLIC ANNOUNCEMENT TO THE SHAREHOLDERS OF
BHAGWATI RESOURCES LIMITED
(Regd. Office: Dhunseri House, 4A, Woodburn Park, Kolkata – 700 020)
This Public Announcement (Announcement) is in continuation to the original Public Announcement (PA) that appeared in this newspaper on Friday, April 18, 2003 and this should be read in conjunction with the same. The terms not defined herein will have the same meaning as defined in PA.
Original and revised Activity Schedule
|
Activity
|
Original Schedule
|
Revised Schedule
|
|
Date of Closing of the Offer
|
July 04, 2003 (Friday)
|
July 03, 2003 (Thursday)
|
|
Last date for revising the Offer Price / No. Of Shares
|
June 25, 2003 (Wednesday)
|
June 23, 2003 (Monday)
|
|
Last Date for withdrawal of acceptance by shareholders who have accepted the Offer
|
July 01, 2003 (Tuesday)
|
June 30, 2003 (Monday)
|
|
Date by which communicating rejection/ acceptance and despatch of cheques/ demand drafts towards payment of consideration to be completed.
|
August 04, 2003 (Monday)
|
August 02, 2003 (Saturday)
|
Background of the Target Company
The Company has duly complied with Regulation 8 of the Regulations for the year 2002 and 2003 and disclosed the following information to the Calcutta Stock Exchange Association Limited.
I. Information about persons holding more than 15% shares or voting rights (VRs)
|
Name of persons holding more than 15% shares or voting rights
|
Details of share holding/ voting rights of persons mentioned at (A) as informed u/r 8(1) to the target company
|
|
|
As on March 31 2003 (Current Year)
(A)
|
As on March 31 2002
(Previous Year) (B)
|
Changes if any between (A) & (B)
(C)
|
As on record date for dividend (Current Year) (D)
|
As on record date for dividend (Previous Year)(E)
|
Changes if any between (D) & (E)
(F)
|
|
NIL __
|
II. Promoter (s) or every person having control over a company and also persons acting in concert with him
|
Name of promoter(s) or every person(s) having control over a company and persons acting in concert with him
|
Share holding/ voting rights of persons mentioned at (II) as informed u/r 8(1) to the target company
|
|
|
As on March 31 2003 (Current Year)
(A) %
|
As on March
31 2002 (Previous Year)
(B) %
|
Changes if any between (A) & (B)
(C)
|
As on record date for dividend (Current Year)
(D)
|
As on record date for dividend (Previous Year)
(E)
|
Changes if any between (D) & (E)
(F)
|
|
1. Mayfair India Ltd
|
44,000 (22%)
|
44,000 (22%)
|
NIL
|
NIL
|
NIL
|
NIL
|
|
2. Mint Investments Ltd
|
28,000 (14%)
|
28,000 (14%)
|
Nil
|
NIL
|
NIL
|
NIL
|
|
3. Dhunseri Tea & Industries Ltd
|
20,000 (10%)
|
20,000 (10%)
|
NIL
|
NIL
|
NIL
|
NIL
|
Offer Price
There is no non compete agreement entered into between Acquirers and Sellers
Other terms of the offer
All the shares of the target company are in physical form
The Public Announcement dated 18.04.2003 and this Corrigendum to the Public Announcement is issued by the Manager to the Offer on behalf of the Acquirers.
This Corrigendum to Public Announcement shall be available on SEBI website at www.sebi.gov.in
The Acquirers accept full responsibility for the information contained in this Announcement.
MANAGER TO THE OFFER:
Microsec India Limited , Azimgunj House, 2nd Fl, 7, Camac Street, Kolkata 700 017
Tel: (033) 2282 9330 E-mail: rsony@microsec.co.in Contact Person: Mr. Rakesh Sony
Place: Kolkata Date: 26th May 2003