| Exchange Disseminated Time |
|Systematix Corporate Services Ltd ("Manager to the Offer"), for and on behalf of Mr. V R Mohan Rao Nerella ("Acquirer") has informed this Post Offer Public Announcement ("Post PA") to the shareholders of Omega Ag-Seeds Punjab Ltd ("Target Company"), which is in continuation of & should be read in conjunction with the Public Announcement ("PA") dated February 09, 2011, pursuant to and in compliance with, among others, Regulation 10 and 12 of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 and subsequent amendments thereto ("Regulations") to acquire 16,00,000 equity shares ("Offer Size") of Rs. 10/- each equivalent to 32% of the total paid-up and voting rights of the Target Company at a price of Rs. 8.50/- per equity share ("Offer Price").|
The terms used but not defined in this Post PA shall have the same meanings assigned to them in the original PA.
There are 8,46,510 equity shares aggregating to 16.93% of the total paid-up and voting capital of the Target Company held by other members of the promoters' group who are not parties to the Agreement and their shareholding will remain categorised along with post-offer shareholding of the Acquirer under the promoters' group of the Target Company.
The equity shares of the Target Company are still listed on KSE which is currently known as U.P. Stock Exchange Ltd, Kanpur.
(For more details kindly refer Corporate Announcements on www.bseindia.com).