Notice No.   20220620-18   Notice Date   20 Jun 2022
Category   Trading   Segment   Equity
Subject   Opening of Offer to Buy – Acquisition Window (Takeover) of Ganesh Films India 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, 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 Open Offer (“Offer”) is made by Rajiv Vashisht (“Acquirer 1”), Gaurav Kumar (“Acquirer 2”) and Annaya Management Consultancy Private Limited (“Acquirer 3”) (hereinafter collectively referred to as “Acquirers”)  to acquire up to 7,81,998 (Seven Lakhs Eighty-One Thousand Nine Hundred and Ninety-Eight) fully paid-up equity shares of face value of Rs.10.00/- (Rupees Ten Only) each (‘Equity Shares’) of Ganesh Films India Limited (‘GFIL’ or ‘Target Company’), constituting 26.00% (Twenty-Six Percent) of the equity and Voting Share Capital of the Target Company by the Acquirers (‘Offer’), at a price of Rs.12.70 (Rupees Twelve and Paise Seventy Only) per Equity Share, payable in cash, pursuant to and in compliance with Regulations 3 (1) and 4 of the SEBI (SAST) Regulations, for substantial acquisition of Equity Shares and voting rights capital accompanied with change in control and management of the Target Company, from June 30, 2022 to July 13, 2022.

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

June 20, 2022