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Delisting of Securities of G. Claridge & Company Ltd.
This is to inform that the securities of G. Claridge & Company Ltd. (Scrip Code No.509545) will be struck-off (delisted) from the list of Officially Quoted Securities with effect from Monday, 20th January, 2003 pursuant to compliance with Clause 21(3)(a) of the SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 1997 by the Acquirers (i.e.Kamala Udyoga Ltd., The Premier Commercial Company Private Ltd. and Uni Recyclers Pvt. Ltd.).
The Acquirers has agreed to provide an exit option to the existing shareholders at Rs.10/- 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:
Parijat House, 2nd Floor,
1076, Dr. E. Moses Road,
Worli, Mumbai-400 018.
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.
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Kalpana Maniar
G.M. - Corporate Communications
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January 16, 2003
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