| | Delisting of Securities of Sandvik Asia Ltd. This is to inform that the securities of Sandvik Asia Ltd. (Scrip Code No.500374) will be struck-off (delisted) from the list of Officially Quoted Securities with effect from Monday, the 9th September, 2002, pursuant to the compliance with Clause 21(3)(a) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 by the Acquirer (i.e. Sandvik AB). The Acquirers have agreed to provide an exit option to the existing shareholders at Rs.850/- per share at any time during one year from the date of delisting. The shareholders who desire to opt for the exit option will have to send their shares to the undermentioned address: | For shares in physical form | For shares in demat form | Sandvik Asia Ltd.
Share Department
Mumbai Pune Road,
Dapodi, Pune 411 042. | Karvy Consultants Ltd.
Karvy House, 46, Avenue 4,
Street No.1, Banjara Hills,
Hyderabad 500 034. |
The company has also agreed to resolve investor complaints (if any) pending and received hereafter for a period of one year from the date of delisting to the satisfaction of the Exchange. P. S. Reddy
General Manager-Listing
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September 5, 2002 | |
