| Opening of Offer to Buy – Acquisition Window (Takeover) for Real Realty Management Company Limited |
Trading Members and Custodians are requested to note that Securities Exchange Board of India (SEBI) has issued Mechanism for acquisition of shares through Stock Exchange pursuant to Tender-Offers under Takeovers, Buy Back and vide its circular no. CIR/CFD/POLICYCELL/1/2015 dated April 13, 2015. The Exchange vide its notice no. 20150930-1 dated September 30, 2015, has issued Revised Guidelines of Mechanism for acquisition of shares through Stock Exchange pursuant to Tender-Offers under Takeovers, Buy Back and Delisting.
All Market Participants are hereby informed that Mr. Dharm Swetank Patel has made an open offer to acquire upto 1,203,180 (Twelve Lacs Three Thousand One Hundred and Eighty) Equity Shares of face value of Rs. 10/- each representing 25.05% of the present issued, subscribed and paid up equity share capital of Real Realty Management Company Limited at a price of Rs. 7.50/- (Rupees Seven & Fifty Paisa Only) per fully paid up equity share payable in cash pursuant to Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (“SEBI (SAST) Regulations, 2011”) and subsequent amendments thereof from 4th February, 2016 to 17th February, 2016.
Market participants are further requested to note that the details of this Offer to Buy would be available on BSE Website – www.bseindia.com.
Bhushan Mokashi
Dy. General Manager
Listing Sales
February 2, 2016 |