Lotus Chocolate Company Ltd. - Corrigendum dated 15.10.03

SECOND CORRIGENDUM TO PUBLIC ANNOUNCEMENT 

 For the attention of the Shareholders of LOTUS CHOCOLATE COMPANY LIMITED 

Registered Office: #403, 4^th Floor, Diamond House, Punjagutta, Hyderabad – 500 082. 

In continuation to the Public Announcement issued by CIL Securities Limited   (Managers to the Offer), on August 27, 2003 and Corrigendum dated 4^th October 2003, on behalf of Shri Alapati Ramakrishna and Shri Devabhuktuni Durga Prasad  (herein after referred to as Acquirers) pursuant to Regulation 10 & 12 of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations 1997 and subsequent amendments thereto [herein after referred to as Regulations].  

1.     In the existing clause 2.1.i of Letter of Offer the following shall be added at the beginning

“The Acquirers will comply with the SEBI (SAST) Regulations and complete the offer formalities irrespective of the compliance or fulfillment or outcome of the Sale Purchase Agreement with the Seller.” 

 2.     This is to inform that the necessary RBI approval has been received on 29/09/2003 

 3.     In the existing clause 7.1.c of Letter of Offer the following shall be omitted 

 “In view of acceptance of minimum marketable lots, the total number of Shares accepted, may marginally exceed the offer size”

This Second Corrigendum Public Announcement would be available on SEBI's website at /.