| Opening of Offer to Buy – Acquisition Window (Takeover) for Capital Trust 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. Yogen Khosla hereinafter referred to as “Acquirer 1” and Indo Crediop Private Limited hereinafter collectively referred to as “Acquirer 2” have made an open offer to acquire upto 4,699,500 (Forty Six Lacs Ninety Nine Thousand and Five Hundred) Equity Shares of face value of Rs. 10/- each representing 26.00% of the expanded share capital at a price of Rs. 263.00/- (Rupees Two Hundred and Sixty Three 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 and subsequent amendments thereof from the public shareholders of Capital Trust Limited (“Target Company”) from 27th July, 2016 to 9th 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.
Khyati Shah
Dy. General Manager
Listing Ops & Sales
July 22, 2016
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