Notice No.   20211126-4   Notice Date   26 Nov 2021
Category   Trading   Segment   Equity
Subject   Opening of Offer to Buy – Acquisition Window (Takeover) of Choksi Imaging Ltd
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, 20201102-43 dated 02 Nov 2020, 20210825-62 dated Aug 25,2021 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 Cash Offer is made by Samir Choksi (“Acquirer 1”) and Choksi Asia Private Limited (“Acquirer 2”) to the public shareholders of Choksi Imaging Ltd (“Target Company”) to acquire up to 10,14,000 (Rupees Ten Lakhs Fourteen Thousand) fully paid-up equity shares of face value of Rs.10/- (Rupees Ten Only) each (“equity shares”), representing 26.00% (twenty-six percent) of the voting share capital of the target company, at a price of 41/-( Rupees Forty-One Only) per equity share, pursuant to and in compliance with Regulations 3(2)  and other applicable regulations of the SEBI (SAST) Regulations, from November 30, 2021 to December 13, 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

November 26,2021