CORRIGENDUM TO PUBLIC ANNOUNCEMENT
For the attention of the Shareholders of Millennium Cybertech Limited (MCL)
(Registered Office – Tagore Centre, 1st Floor, Behind Dawa Bazar, 13-14, RNT Marg, Indore (M.P)-452001)
In continuation to the Public announcement issued by Aryaman Financial Services Limited, on July 29, 2003, on behalf of M/s. Cornhill Trading Company Pvt. Ltd., Stardom Trading Company Pvt. Ltd., and RGV Productions Pvt. Ltd., (Acquirers ) pursuant to Regulation 10 and 12 and other provisions of Chapter III of and in compliance with the Securities & Exchange Board of India Substantial Acquisition of Shares and Takeovers (SAST) Regulations 1997 and subsequent amendments thereto (the "Regulations"), the following revisions /additions as given hereinunder have been made :
1. Point 1 f. may be read as under :
The Acquirers are now making offer to the public shareholders of MCL to acquire further 5,69,000 equity shares representing 20% of the voting share capital i.e. 11.38% of the total share capital at a price of Rs. 10.00 per share for fully paid up shares and Rs.2.50 per share for partly paid up shares (the "Offer Price") payable in cash.
2. Under the Schedule of Activities pertaining to the Offer and under point 9.c the following change has been made.
ACTIVITY
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DAY & DATE
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Last date for revising the offer price / Number of Shares
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Wednesday, October 15th, 2003
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- Under point no. 7 - Financial Arrangements, the following shall be included :
7.a. The second line under point 7.a shall be read as :
The sources of funds shall be through internal resources of the Acquirers (including PACs)
7.b Under point 7.b, the following shall be included :
The Acquirer, M/s. Cornhill Trading Company Pvt. Ltd., is holding shares of K.Sera Sera Productions Ltd., which has been deposited with the Merchant Banker in terms of Regulation 28(4) (c ) of the Regulation. The Shares deposited in the Escrow account are not infrequently traded as per Explanation (i) to Regulation 20 (5) of the Regulations.
7.c The point 7c shall be read as under :
The Chartered Accountants, M/s. Tiwari Samani & Associates, having their office at A/403, Navyug CHS Ltd. Aarey Road, Aarey Check Naka Signal, Goregaon (E), Mumbai – 400 063 Tel : 022 2879 3070 / 2867 1453 have confirmed vide their certificate dated July 16th 2003 that sufficient resources are available to allow the Acquirers to fulfill its obligations under the offer.
This Corrigendum Public Announcement would be available on SEBI's website at www.sebi.com.
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Issued by: Manager To The Offer
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Registrar to the Offer
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Aryaman Financial Services Limited,
106, Atlanta,
Nariman Point,
Mumbai – 400 021.
Tel.: (022) 22826465 / 66,
Fax: (022) 22826467
Email: afsl@vsnl.com
Contact Person: Mr. Chirag Pittie
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Bigshare Services Pvt. Ltd.
E-2/3, Ansa Industrial Estate, Sakivihar Road, SakiNaka, Andheri (E),
Mumbai – 400 072
Tel : 022 2852 3574 / 2856 0652
Fax : 022 2852 5207
Email: bigshare@bom7.vsnl.net.in
Contact Person : Mr. Verghese
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On Behalf of:
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M/s. Cornhill Trading Company Private Limited (CTC)
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91-B, Empire Building, Cumballa Hill, Kemps Corner, Mumbai- 400 036
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M/s. Stardom Trading Company Pvt. Ltd. (STC)
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Flat No.- 7A, Garden Rose Apartment, N. Dutt Marg, Four Bunglow, Andheri (West), Mumbai 400 053
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M/s. RGV Productions Pvt. Ltd. (RGV)
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Flat No-71, Pyramid Tower, J.P. Road, Versova, Andheri (West), Mumbai- 400 061
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Place: Mumbai Date: September 24, 2003