| Opening of Offer to Buy – Acquisition Window (Takeover) for Rajkumar Forge 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. Krishankumar Jindal, Mr. Arun Jindal and Western India Forgings Private Limited hereinafter referred to as “Acquirers” have made an open offer to acquire up to 28,44,244 equity shares of Rs. 10/- each at an Offer Price of Rs 32.00/- (Rupees Thirty Two Only) per fully paid up equity share payable in cash representing 26.00% of the total paid up equity share capital/voting rights pursuant to Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 and subsequent amendments thereof from the public shareholders of Rajkumar Forge Limited (“Target Company”) from 25th July, 2016 to 5th August, 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.
Girish Joshi
Sr. General Manager
Listing Ops & Sales
July 21, 2016
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