| Opening of Offer to Buy – Acquisition Window (Takeover) for GTPL Hathway 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 and no. CFD/DCR2/CIR/P/2016/131 dated Dec 09, 2016. The Exchange vide its notice no. 20170210-16 dated Feb 10, 2017, 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 Open Offer by Jio Content Distribution Holdings Private Limited (hereinafter referred to as “Acquirer 1” or “JCDHPL”), Jio Internet Distribution Holdings Private Limited (hereinafter referred to as “Acquirer 2” or “JIDHPL”) and Jio Cable And Broadband Holdings Private Limited (hereinafter referred to as “Acquirer 3” or “JCBHPL”) along with Reliance Industries Limited (hereinafter referred to as “PAC 1” or “RIL”), Digital Media Distribution Trust (hereinafter referred to as “PAC 2” or “Trust”), Reliance Content Distribution Limited (hereinafter referred to as “PAC 3” or “RCDL”) and Reliance Industrial Investments And Holdings Limited (hereinafter referred to as “PAC 4” or “RIIHL”) (hereinafter PAC 1, PAC 2, PAC 3 and PAC 4 are collectively referred to as the “PACs”) make a cash offer to acquire up to 2,88,40,891 fully paid up equity shares of RS. 10 (Rupees Ten Only) each (“equity shares”) of GTPL Hathway Limited (“Target Company”) at a price of Rs. 82.65 per equity share, representing 25.64% of the voting share capital of the Target Company, in accordance with The Securities and Exchange Board Of India (Substantial Acquisition Of Shares And Takeovers) Regulations, 2011, as amended (“SEBI (SAST) REGULATIONS”) from the public shareholders of the Target Company from February 08, 2019 to February 22, 2019.
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 the details of this Offer to Buy would be available on BSE Website – www.bseindia.com.
Bhushan Mokashi
Additional General Manager
Listing Sales & Ops
February 07, 2019
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