Notice No.   20210105-9   Notice Date   05 Jan 2021
Category   Trading   Segment   Equity
Subject   Opening of Offer to Buy – Acquisition Window (Takeover) Fraser And Company Limited
Attachments   Letter of Offer.pdf ;

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 Takeover, Buy Back and De-listing vide its circular no. CIR/CFD/POLICYCELL/1/2015 dated April 13, 2015 and no. CFD/DCR2/CIR/P/2016/131 dated Dec 09, 2016. The Exchange vide its notice no. 20170210-16 dated Feb 10, 2017,20190424-35 dated April 24, 2019 and 20200528-32 dated 28 May 2020 and 20201102-43 dated 02 Nov 2020 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 an Open Offer is made by Mr. Omkar Rajkumar Shivhare S/o Mr. Rajkumar Rambishal Shivhare (“ Acquirer 1”), Mrs. Yogeeta Rajkumar Shivhare W/o Mr. Rajkumar Rambishal Shivhare, (“the Acquirer 2”) and & M/s. Ekadanta Genex Private Limited  the (“Acquirer 3”)to the  shareholders of  Fraser And Company Limited (“Target Company”) up to 21,11,278 Equity shares of Rs. 10/- each representing 26.00% of the Fully Paid up Equity and voting share capital of the Target Company at a price of Rs. 6.00/- (Rupees Six only) per share, pursuant to the Regulation 3(1) and Regulation 4 of the SEBI (SAST) Regulations, 2011 and subsequent amendments thereof for substantial acquisition of shares / voting rights accompanied with change in control, from January 08, 2021 to January 21, 2021.


Letter of Offer is herewith attached for your perusal.


Market participants are further requested to note that this offer will be as per the Revised Guidelines of SEBI circular no. CFD/DCR2/CIR/P/2016/131 dated Dec 09, 2016 and Exchange notice no. 20170210-16 dated Feb 10, 2017 and 20190424-35 dated April 24, 2019 along with the details of this Offer to Buy would be available on BSE Website –



Atul Dhotre

Senior Manager

Listing Sales & Ops

January 05, 2021