Post offer Public Announcement to the Shareholders of
SAPTARISHI AGRO INDUSTRIES LIMITED
(Regd. Off. : Wescare Towers, 16 Cenotaph Road, Teynampet, Chennai- 600018)
This Public Announcement ("PA") is being issued by Indbank Merchant Banking Services Limited, on behalf of M/s Calibre Rehabs Limited, (Hereinafter referred to as "Acquirer") in compliance with the SEBI(Substantial Acquisition of Shares and Takeovers)Regulations,1997 and subsequent amendments thereto,furnishing the details subsequent to the Public announcement made on 13.01.2003 and a corrigendum to Public announcement on 13.03.2003 and closure of open offer to the shareholders of Saptarishi Agro Industries Ltd.
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Name of the Target Company
Name of the Acquirers, including PACs
Name of the Manager to the offer
Name of the Registrar to the offer
Date of Opening of the offer
Date of Closure of the offer
Saptarishi Agro Industries Ltd.
Calibre Rehabs Ltd.
Indbank Merchant Banking Services Ltd.
RCMC Share Registry (P) Ltd.
10.07.2003 (Thursday)
08.08.2003(Friday)
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Details of Acquisition
Proposed in Letter of offer
Actuals
a.
b.
c.
d.
e.
f.
g.
Offer price
Shareholding of acquirers prior to MOU/PA.
Shares acquired through MOU.
Shares acquired in the Open Offer.
Size of open offer (No of shares* Offer Price).
Shares if any acquired after PA but 7 working days prior to closure of Offer.
Post offer shareholding of Acquirer. (b+c+d+e)
Rs. 1.50/-
Nil
25278377(74.30%)
6804408 (20%)
Rs. 10206612/-
32082785 (94.30%)
90400 (0.27%)
25368777 ( 74.57%)
h.
Pre and Post Offer shareholding of public.
Pre offer
Post offer
8743665
25.70%
1939257
5.70%
8653265
25.43 %
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Date of despatch of consideration and delay if any
Position of Escrow account
Status of investor complaints.
26.08. 2003, no delay
An amount of Rs. 1,35,600 has been transferred to Special account from Escrow account towards the sum due and payable to the shareholders as consideration for acceptance received and accepted in terms of Regulation 29(1). Balance will be released shortly.
No investor complaints.
The Acquirer and its Directors accept full responsibility for the information contained in this Public Announcement.
This Public Announcement will also be available on SEBI website www.sebi.gov.in
Issued by the Manager to the offer
6A, Atma Ram house, 1 Tolstoy Marg, New Delhi- 110001
Tel no.- (011)-23731148/49,23353264,E-mail :Indbank@del3.vsnl.net.in
on behalf of Calibre Rehabs Ltd.
Regd. Off : SCO ,110-111, Sector 34 A, Chandigrah
Date: 26.08.2003
Place: New Delhi