|Opening of Offer to Buy – Acquisition Window (Takeover) for Halder Venture 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 of Halder Venture Limited (Target Company) by Mr. Prabhat Kumar Haldar (Acquirer 1), Mr. Keshab Kumar Halder (Acquirer 2), Mrs. Poulomi Halder (Acquirer 3 ), Mrs. Rekha Halder (Acquirer 4) and Mr. Koustuv Halder (Acquirer 5) (Acquirer 1, Acquirer 2, Acquirer 3, Acquirer 4, Acquirer 5 (hereinafter collectively referred to as Acquirers) along with Ms. Shrestha Halder (herein-after referred to as PAC) with the Acquirers to acquire up to 15,79,086 representing 49.96% of the paid up equity share capital of target Company, as of the 10th working day from the closure of the tendering period, of target Company, at an price of Rs. 10.50/- (Rupees Ten and Paisa Fifty only) (“Offer Price”), payable in cash pursuant to regulations 3(1) & 4 of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (“SEBI (SAST) Regulations”) from January 15, 2019 to January 28, 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.
Additional General Manager
Listing Sales & Ops
January 11, 2019