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Moneycontrol.com >> Message Board >> View Messages >> ANG Auto
   You are here :     Moneycontrol     MMB    Stocks      ANG Auto                         Most active discussions of 2006 , 2007 & 2008
BSE Announcements on ANG Auto (1)   25-Jul-08 14:17Tracked by (0)  
Posted by:   MMB Messenger on ( 25-Jul-08 14:17 )
Price : [ANG Auto - BSE:Rs. 77.95 NSE:Rs. 77.05 when posted]
ANG Auto Ltd has informed BSE about the following:

The Company ("Target Company") has issued a Corrigendum notice to Public Announcement ("PA") to the Equity Shareholders / Beneficial Owners of the Target Company, which is in continuation of and should be read in conjunction with the Public Announcement ("PA") dated July 07, 2008, in accordance with provisions of Regulation 8(1) read with Regulation 15(C) & in compliance with the Securities & Exchange Board of India (Buy Back of Securities) Regulations, 1998 as amended.

1. The proposed time table be read as under

Board Meeting approving the Buy Back - November 12, 2007

Special Resolution passed by the Shareholders approving the Buyback through Postal Ballot : January 03, 2008

Date of Public Announcement - July 07, 2008

Date of opening of the Buyback - July 28, 2008

Acceptance of Shares - Within the relevant payout dates of the Stock Exchanges

Extinguishment of Shares - Within 7 days of acceptance as above

Last Date for the Buyback - January 02, 2009 or when company completes the buyback to the extent of Rs 1612.50 lacs or 750000 Equity Shares, whichever is earlier.

All payment obligations related to the Buyback shall be completed by the last date for Buyback.

2. The Company shall not issue any shares or other specified securities including by way of bonus till the date of closure of the offer.

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