01 April 1997 - 31 March 1998

DETAILS OF OPEN OFFERS MADE UNDER SEBI (SUBSTANTIAL ACQUISITION OF SHARES AND TAKEOVERS) REGULATIONS, 1997

Updation of the list is done on weekly basis.
Highlighted in red colour are closed offers

Offers Opened During 01 April 1997 - 31 March 1998
S.No TARGET COMPANY ACQUIRER OFFER OPENING DATE OFFER CLOSING DATE OFFER SIZE OFFER PRICE OBJECT OF THE OFFER TARGETED POST OFFER STAKE OF ACQ (%AGE of equity capital) MERCHANT BANKER REGISTRAR
No. of shares % of equity
1 IKAB SECURITIES & INVESTMENTS LTD(HINDUSTAN SANFORISERS LTD) MR INDRA KUMAR BAGRI & OTHERS 25-Jun-97 24-Jul-97 1035000 30 3 SUBSTANTIAL ACQUISITION 30 Milton Finance Ltd SATELLITE CORPORATE SERVICES PRIVATE LTD
2 TERRYFAB INDIA LIMITED BHANWARLAL M JAIN ALONGWITH PACS 11-Jun-97 10-Jul-97 2220000 20 2.12 SUBSTANTIAL ACQUISITION 20 DUGAR FINANCE INDIA LTD SATELLITE CORPORATE SERVICES PRIVATE LTD
3 AMIT SECURITIES LTD SHRI DINESHCHAND MITTAL, SMT RAJRANI MITTAL, SHRI ANILKUMAR MITTAL, SMT MRADULA MITTAL, SHAILENDRA ENGINEERING COMPANY PVT LTD 06-Aug-97 05-Sep-97 1242000 21.91 3 CHANGE IN MANAGEMENT 75.78 MIDEAST PORTFOLIO MANAGEMENT LTD ANKIT CONSULTANCY PVT. LTD.
4 SURYA AGROILS LTD MR. SUNDEEP MAHESHWARI, MR. BETWA FI NLEASE PVT LTD., MR. BETWA REALTORS PVT LTD. 17-Nov-97 17-Dec-97 10100000 33.13 2.6 SUBSTANTIAL ACQUISITION 51 APPLE FINANCIAL SECURITIES LTD KARVY CONSULTANT LIMITED
5 SILVERLINE INDUSTRIES LTD SUBRA HOLDINGS INC. 29-Oct-97 27-Nov-97 7590000 20 21 CONSOLIDATION OF HOLDINGS 41.88 KHANDWALA SECURITIES LTD SPECTRUM CORPORATE SERVICES LTD.
6 HINDUSTAN FIBCORD LTD (ELEGANCE TEXTILES LTD) MR. MEHUL J SHAH, MR. SHANTILAL C BHAYANI 12-Dec-97 11-Jan-98 2010000 20.05 3 CHANGE IN MANAGEMENT 92.36 ARYAMAN FINANCIAL SERVICES LTD SPECTRUM CORPORATE SERVICES LTD.
7 PUSHPA PACKAGES LTD RAJDHANI SECURITIES LTD, MR. B SHANTILAL JAIN, MR.RATANKUMAR JAIN, PARASMAL SALECHA 21-Apr-97 21-May-97 1200000 31.99 3.4 SUBSTANTIAL ACQUISITION 31.99 Karnataka Financial Services Ltd ALPHA SYSTEMS PRIVATE LIMITED
8 SRICO SYSTEMS (INDIA) LTD MR VEERBHADRA RAO BATHINA 22-Dec-97 21-Jan-98 1019300 20 12.5 SUBSTANTIAL ACQUISITION 63.68 MERBANC FINANCIAL SERVICES LTD VENTURE CAPITAL AND CORPORATE
9 IIS INFOTECH LTD F I GROUP PLC 19-Jan-98 17-Feb-98 3456000 24 100.9 CHANGE IN MANAGEMENT 100 DSP MERRILL LYNCH LTD MAS SERVICES PRIVATE LIMITED
10 FULLER INDIA LTD FULLER INTERNATIONAL INC. 22-Dec-97 21-Jan-98 2000000 20 139.25 CONSOLIDATION OF HOLDINGS 100 DSP MERRILL LYNCH LTD KARVY CONSULTANT LIMITED
11 WIMCO LTD SWEDISH MATCH SINGAPORE PTE LTD., PLASH FOOD PRIVATE LIMITED, AVP TRADING PRIVATE LIMITED 09-Feb-98 11-Mar-98 5973641 20 35 CHANGE IN MANAGEMENT 58.61 J M FINANCIAL & INVESTMENT CONSULTANCY SERVICES LTD MAS SERVICES PRIVATE LIMITED
12 MASK INVESTMENTS LTD. SHRI NARAYAN SABOO, SHRI NARESH SABOO 12-Jan-98 11-Feb-98 610300 20 2.6 CHANGE IN MANAGEMENT 88 MADHYA PRADESH FINANCIAL CORPORATION ANKIT CONSULTANCY PVT. LTD.
13 SANDVIK ASIA LIMITED SANDVIK AKTIEBOLAG 13-Jan-98 12-Feb-98 378978 20.41 1800 CONSOLIDATION OF HOLDINGS 75 HSBC CAPITAL MARKETS INDIA PVT LTD MCS LIMITED
14 KNOLL PHARMACEUTICALS LTD (BOOTS PHARMACEUTICALS LUPHARMA GMBH 09-Feb-98 11-Mar-98 891000 11 661 CONSOLIDATION OF HOLDINGS 51 DSP MERRILL LYNCH LTD IIT CORPORATE SERVICES LIMITED
15 VIKRANT TYRES LTD. J K INDUSTRIES LTD. 01-Aug-97 31-Aug-97 5126900 20 76 SUBSTANTIAL ACQUISITION 56.99 LODHA CAPITAL MARKETS LTD ABC COMPUTERS PRIVATE LIMITED.
16 PROGRESSIVE EXTRACTIONS & EXPORTS LTD AMARKANTAK FARMS PRIVATE LTD, BETWA FINLEASE PRIVATE LTD, BETWA REALTORS PRIVATE LIMITED, SUNDEEP MAHESHWARI 17-Nov-97 17-Dec-97 720900 20 7.5 CHANGE IN MANAGEMENT 74.35 APPLE FINANCIAL SECURITIES LTD KARVY CONSULTANT LIMITED
17 MERVEN DRUGS PRODUCTS LIMITED UMESH V BHATIA, MEERA U BHATIA, ARUN H MERCHNAT, CHETNA A MERCHANT, V RAVINDRANATH NAIR 20-Oct-97 19-Nov-97 1620000 20 3.9 CHANGE IN MANAGEMENT 42.17 Ceat Financial Services Ltd. SATHGURU MANAGEMENT CONSULTANTS
18 SHREE STEEL WIRE ROPES LTD BHOLENATH FINANCE LTD, CHANDRU RAMCHAND CHAWLA 15-May-97 14-Jun-97 746200 20 5.5 SUBSTANTIAL ACQUISITION 41.74 WEIZMANN CAPITAL LTD INTIME SHARE SERVICES PRIVATE LTD.
19 GUJARAT GAS CO. BRITISH GAS ASIAPACIFIC HLDGS S'PORE, WOS BG PLC 14-Aug-97 13-Sep-97 2565000 20 270 CHANGE IN MANAGEMENT 64.31 BARCLAYS BANK PLC MCS LIMITED
20 AHMEDABAD ELECTRICITY COMPANY LTD, THE TORRENT POWER LTD 08-Sep-97 07-Oct-97 12655050 20 117 CONSOLIDATION OF HOLDINGS 51.35 KOTAK MAHINDRA CAPITAL COMPANY LTD MCS LIMITED
21 TEKTRONIX (INDIA) LTD TEKTRONIX ENGINEERING DEVELOPMENT (INDIA) PVT LTD 19-Jun-97 19-Jul-97 1354400 37.62 40 CONSOLIDATION OF HOLDINGS 100 MCC Finance Ltd. (Foresight Financial Se MCS LIMITED
22 ABBOTT LABORATORIES (INDIA) LTD ABBOTT LABORATORIES 15-Sep-97 15-Oct-97 247500 11 325 CONSOLIDATION OF HOLDINGS 51 KOTAK MAHINDRA CAPITAL COMPANY LTD TATA CONSULTANCY SERVICES LTD
23 TRANSGLOBE FOODS LIMITED RAINBOW CONSORTIUM PVT. LIMITED, RARE HERBS PVT LTD, RAINBOW FRUITS & VEGETABLES PVT.LIMITED, REAL APPLICATIONS PVT. LIMITED 17-Jul-97 16-Aug-97 690000 20 5.8 SUBSTANTIAL ACQUISITION 55.07 Anagram Finance Ltd. TATA CONSULTANCY SERVICES LTD
24 INDIA CEMENTS CAPITAL & FINANCE LTD-ARUNA SUGARS ICL SECURITIES LTD & ICL FINANCIAL SERVICES LTD. 27-May-97 26-Jun-97 1479620 20 17.5 CHANGE IN MANAGEMENT 61.2 KOTAK MAHINDRA CAPITAL COMPANY LTD CAMEO SHARE REGISTRY PVT. LTD.
25 AMBIKA SILKS MILLS LIMITED, THE HEMAL V THAKKAR, RUFFEL INVESTMENTS PVT LIMITED, BASHIR FINNACE & INVESTMENTS CO.PVT.LTD. 16-Mar-98 15-Apr-98 7000 20 100 CHANGE IN MANAGEMENT 78.59 KOTAK MAHINDRA CAPITAL COMPANY LTD CAMEO SHARE REGISTRY PVT. LTD.
26 GUJARAT LYKA ORGANICS LTD SUN PHARMACEUTICAL INDUSTRIES LTD, VIRTUOUS FINANCE LTD, JEEVANREKHA INVESTRADE PRIVATE LTD, PACKAGE INVESTRADE PRIVATE LTD 10-Jun-97 09-Jul-97 3180000 20 10 CHANGE IN MANAGEMENT 69.28 LKP SHARES AND SECURITIES LTD MONDKAR COMPUTERS PVT. LTD.
27 UNITY AGROTECH INDUSTRIES LTD CHERRY FASHIONS LTD 02-Jun-97 01-Jul-97 1879940 20.31 1.9 SUBSTANTIAL ACQUISITION 43.14 LIBORD SECURITIES LTD INTIME SHARE SERVICES PRIVATE LTD.
28 TEKTRONIX (INDIA) LTD TEKTRONIX ENGINEERING DEVELOPMENT (INDIA) PVT LTD. 05-Mar-98 04-Apr-98 862696 23.96 40 SUBSTANTIAL ACQUISITION 31.14 ALLSEC FINANCIALS LTD INTIME SHARE SERVICES PRIVATE LTD.
29 SRF FINANCE LTD GE CAPITAL (MAURITIUS) INVESTMENT CO LTD., GE CAPITAL SERVICES INDIA, GE CAPITAL 12-May-97 11-Jun-97 6985925 34.51 53.5 SUBSTANTIAL ACQUISITION 85.09 KOTAK MAHINDRA CAPITAL COMPANY LTD MAS SERVICES PRIVATE LIMITED
30 PRIMA PLASTICS LTD BHASKAR M PAREKH, DILIP M PAREKH 17-Dec-97 16-Jan-98 2200100 20 10 SUBSTANTIAL ACQUISITION 49.3 SHARYANS RESOURCES LTD BIGSHARE SERVICES PVT. LTD.
31 RIVERFRONT HOTELS LTD SHRI RAJABALI H MEGHANI, SHRI FARUKH POONAWALA 14-Jul-97 13-Aug-97 1912500 43.97 8 CHANGE IN MANAGEMENT 67.7 21st Century Management Services Ltd MAGNUM LIMITED
32 BEST & CROMPTON ENGINEERING LIMITED LORIK INVESTMENTS LIMITED 27-Jan-98 26-Feb-98 6913247 9.13 10 CHANGE IN MANAGEMENT 85.53 HSBC CAPITAL MARKETS INDIA PVT LTD SHARE AIDS INC
33 TEXPLAST INDUSTRIES LTD (TEXPLAST ENGINEERS LTD) GLANCE FINANCE LTD., SHRI AZIZ ESMAIL DHARIWAL, SHRI EBRAHIM ESMAIL DHARIWAL 04-Mar-98 03-Apr-98 714940 20 3 CHANGE IN MANAGEMENT 50.05 Facts Securities Ltd SHARE AIDS INC
34 SPRINGFIELDS SECURITIES LTD SIS SHARE & STOCKBROKERS PVT LTD. 01-Sep-97 01-Oct-97 1000000 30.75 2.5 CHANGE IN MANAGEMENT 79 Relic Finance Ltd. R & D CONSULTANTS LIMITED
35 G.P. ELECTRONICS LTD. ARTEMIS INVESTMENTS PVT. LTD., BACCHUS INVESTMENTS PVT.LTD.,, SWIFT INVESTMENTS PVT. LTD.& 10-Jul-97 09-Aug-97 2368038 48.72 30 CONSOLIDATION OF HOLDINGS 48.72 DSP MERRILL LYNCH LTD KARVY CONSULTANT LIMITED
36 GRAPHIC CHARTS LTD. SANJAY KAUSHIK 25-Apr-97 26-May-97 84500 20 8 CHANGE IN MANAGEMENT 74.91 APPLE FINANCIAL SECURITIES LTD MONDKAR COMPUTERS PVT. LTD.
37 THE HOOGHLY FLOUR MILLS CO. LTD. TEZPORE TEA COMPANY LTD. 22-Jan-98 20-Feb-98 18456 6.84 80 CONSOLIDATION OF HOLDINGS 100 SMIFS CAPITAL MARKETS LTD MONDKAR COMPUTERS PVT. LTD.
38 GWALIOR TOOLS LTD. ASHOK KAPOOR & OTHERS 23-Sep-97 22-Oct-97 78500 50 1.75 CHANGE IN MANAGEMENT 65.58 SKP SECURITIES LTD. AMI COMPUTERS (INDIA) LTD.
39 THE AHMEDABAD KAISER-I-HIND MILLS LTD. SHRI MAHESH C. SANGHVI 25-May-97 25-Jun-97 12400 20.04 125 CONSOLIDATION OF HOLDINGS 76.27 Anagram Finance Ltd. AMI COMPUTERS (INDIA) LTD.
40 BHOR WAVELOCK INDUSTRIES LTD SAIMANGAL INVESTRADE PRIVATE LIMITED 12-May-97 11-Jun-97 280000 20 5 CHANGE IN MANAGEMENT 60 TRIUMPH INTERNATIONAL FINANCE INDIA LTD INTIME SHARE SERVICES PRIVATE LTD.
41 MUKUND FLEXPACK LTD ELPRO INTERNATIONAL LIMITED, FARIDABAD INVESTMENT COMPANY 01-Dec-97 31-Dec-97 1000000 20 7.5 CHANGE IN MANAGEMENT 60.23 SKP SECURITIES LTD. SYSTEM SUPPORT SERVICES.
42 SAHNEY PARIS RHONE LTD REMY INDIA HOLDINGS INC 05-Jan-98 04-Feb-98 629000 20 117.4 SUBSTANTIAL ACQUISITION 37 KOTAK MAHINDRA CAPITAL COMPANY LTD KARVY CONSULTANT LIMITED
43 SANGAM ALUMINIMUM LIMITED M. P. JHUNJHUNWALA, KUTIR UDYOG KENDRA (I) PVTLTD, CENTURY EXTRUSIONS LTD, VINTAGE SECURITIES LTD, JECO EXPORTS & FINANCE LTD 26-May-97 24-Jun-97 710000 20 4 CHANGE IN MANAGEMENT 44.29 SBI CAPITAL MARKETS LTD ALPHA SYSTEMS PRIVATE LIMITED