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Emami
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NSE Announcements on Emami
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MMB MessengerTracked by: 0 Boarder
Emami Limited has informed the Exchange that in terms of Regulation 26 of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997, the Acquirer along with PACs have revised the Offer Price in respect of the Public Offer made by Emami Limited for acquisition of Equity Shares of The Zandu Pharmaceutical Works Limited from Rs. 15,000/- per equity share to Rs. 16,500/- per equity share. Further, Emami Limited has submitted to the Exchange a copy of Corrigendum published on October 03, 2008, with reference to Open Offer to acquire up to 1,61,280 equity shares representing up to 20% of the voting rights of The Zandu Pharmaceutical Works Limited (ZPWL) (Target Company) by Emami Limited (the Acquirer) and Bhanu Vyapaar Private Limited (BVPL), Suraj Viniyog Private Limited (SVPL), Diwakar Viniyog Private Limited (DVPL) and Suntrack Commerce Private Limited (SCPL) collectively referred to as the Person Acting in Concert/ PACs at a Offer Price of Rs. 16,500/- (Rupees Sixteen Thousand Five Hundred only) per equity share (Being the Offer Price revised from Rs. 15,000/- per equity Share to Rs. 16,500/- per equity share). A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). ...
BSE Announcements on Emami
Posted by : MMB MessengerTracked by: 0 Boarder
Anand Rathi Financial Services Ltd ("Manager to the Offer"), on behalf of Emami Ltd ("Acquirer") and Bhanu Vyapaar Pvt Ltd, Suraj Viniyog Pvt Ltd, Diwakar Viniyog Pvt Ltd and Suntrack Commerce Pvt Ltd (PACs) has issued this Corrigendum to Public Announcement to the Equity Shareholders of Zandu Pharmaceutical Works Ltd ("Target Company") which is in continuation of & should be read in conjunction with the Public Announcement ("PA") published on June 02, 2008, Corrigendum to PA (First Corrigendum) published on September 19, 2008& Letter of Offer dated September 19, 2008, pursuant and in compliance with Regulation 10 and 12 of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) 1997 and subsequent amendments thereto....
NSE Announcements on Emami
Posted by : MMB MessengerTracked by: 0 Boarder
Emami Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on October 03, 2008 decided, inter alia, the following business:1. Seeking Approval of the shareholders under section 372A of the Companies Act 1956 through postal ballot for making further investment up to a sum of Rs. 430 Crores (Rupees Four Hundred Thirty Crores only) in acquisition of shares of The Zandu Pharmaceuticals Works Ltd. which is in addition to existing limit / approval available with the Company. 2) Revising the limit of borrowings under section 293(1)(d) of the Companies Act, 1956 from Rs 500 Crores to Rs.1500 Crores subject to the approval of shareholders through Postal Ballot. 3) Alteration in clause 21 of other Object Clause of the Memorandum of Association of the Company by substituting the said clause with the new clause relating to power generation and distribution subject to the approval of shareholders through Postal Ballot. 4) Commencement of new business activities Coal Mining and Power Generation & Distribution subject to the approval of shareholders under section 149(2A) of the Companies Act,1956 through postal ballot....
BSE Announcements on Emami
Posted by : MMB MessengerTracked by: 0 Boarder
Emami Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 03, 2008, inter alia, has decided the following business:
1. Seeking Approval of the shareholders under section 372A of the Companies Act 1956 through postal ballot for making further investment up to a sum of Rs 430 Crores (Rupees Four Hundred Thirty Crores only) in acquisition of shares of The Zandu Pharmaceutical Works Ltd. which is in addition to existing limit / approval available with the Company.
2. Revising the limit of borrowings under section 293(1)(d) of the Companies Act, 1956 from Rs 500 Crores to Rs 1500 Crores subject to the approval of shareholders through Postal Ballot.
3. Alteration in clause 21 of other Object Cause of the Memorandum of Association of the Company by substituting the said clause with the new clause relating to power generation and distribution subject to the approval of shareholders through Postal Ballot.
4. Commencement of new business activities Coal Mining and Power Generation & Distribution subject to the approval of shareholders under section 149(2A) of the Companies Act, 1956 through postal ballot....
multibaggerstockadvisor.blogspot. com
Posted by : GuestTracked by: 0 Boarder
how shall we trade in emami ? shall we wait or the valuations are attractive this could be better known from the title of this message and we could rely eyes closed on it...
NSE Announcements on Emami
Posted by : MMB MessengerTracked by: 0 Boarder
Emami Limited has informed the Exchange that: "In terms of Regulation 26 of SEBI (Substantial Acquisition of Shares and Takeovers) Regulation 1997, the Company alongwith PACs have revised the offer price in respect of the Public Offer made by it for acquisition of Equity Shares of The Zandu Pharmaceutical Works Limited from Rs. 15,000/- per equity share to Rs. 16,500/- per equity share. As required under the aforesaid regulation 26 the Company is making suitable arrangements for issuing corrigendum to PA in all the newspapers in which the original public announcement were made"....
BSE Announcements on Emami
Posted by : MMB MessengerTracked by: 0 Boarder
Emami Ltd has informed BSE that in terms of Regulation 26 of SEBI (Substantial Acquisition of Shares and Takeovers) Regulation, 1997, the Company alongwith PACs has revised the offer price in respect of the Public Offer made by it for acquisition of Equity Shares of The Zandu Pharmaceuticals Works Ltd from Rs 15,000/- per equity shares to Rs 16,500/- per equity Share.
As required under the aforesaid regulation 26 the Emami Ltd is making suitable arrangements for issuing corrigendum to Public Announcement in all the newspapers in which the Original public announcement were made....
Emami
Posted by : zoombusinessTracked by: 0 Boarder
Emami Says Revises Offer Price For Zandu Pharma To 16,500 Rupees From 15,000 Rupees...
NSE Announcements on Emami
Posted by : MMB MessengerTracked by: 0 Boarder
Emami Limited has submitted to the Exchange a copy of Corrigendum to Public Announcement with reference to Open Offer to acquire up to 1,61,280 equity shares representing up to 20% of the voting rights of the Zandu Pharmaceutical Works Limited (ZPWL) (Target Company) by Emami Limited (Acquirer) and Bhanu Vyapaar Private Limited (BVPL), Suraj Viniyog Private Limited (SVPL), Diwakar Viniyog Private Limited (DVPL) and Suntrack Commerce Private Limited (SCPL) collectively referred to as the Person Acting in Concert/ PACs at a Offer Price of Rs. 15,000/- (Rupees Fifteen Thousand only) per equity Share (Being the Offer Price revised from Rs.7,315/- per equity share to Rs. 15000/- per equity share). A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements)....
BSE Announcements on Emami
Posted by : MMB MessengerTracked by: 0 Boarder
Emami Ltd has informed BSE that the 25th Annual General Meeting (AGM) of the Company was held on August 25, 2008....
NSE Announcements on Emami
Posted by : MMB MessengerTracked by: 0 Boarder
Emami Limited has submitted to the Exchange a copy of the Proceedings of the Annual General Meeting of the members of the Company held on August 25, 2008. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). ...
NSE Announcements on Emami
Posted by : MMB MessengerTracked by: 0 Boarder
Emami Limited has informed the Exchange that: "In terms of Regulation 26 of SEBI (Substantial Acquisition of Shares and Takeovers) Regulation 1997, the Company has revised the offer price in respect of the Public Offer made by it for acquisition of Equity Shares of The Zandu Pharmaceutical Works Limited from Rs 7315/- to Rs 15,000/- per share. As required under the aforesaid regulation 26 the Company is making suitable arrangements for issuing corrigendum to Public Announcement in all the newspapers in which the original public announcement were made"....
Emami
Posted by : zoombusinessTracked by: 0 Boarder
Emami has revised the offer price in respect of the public offer made by it for acquisition of equity shares of The Zandu Pharmaceuticals Works from Rs 7,315 to Rs 5,000 per share. Emami is making suitable arrangements for issuing corrigendum to public announcement in all the newspapers in which the original public announcement were made. The company shares were down 5.85 per cent to Rs 271.10 on BSE.
-ET
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Emami
Posted by : zoombusinessTracked by: 0 Boarder
Emami ltd sheds nearly 6 pct on company plans to more than double the open offer price for 20 pct in zandu pharmaceutical works...
BSE Announcements on Emami
Posted by : MMB MessengerTracked by: 0 Boarder
Emami Ltd has informed BSE that in terms of Regulation 26 of SEBI (Substantial Acquisition of Shares and Takeovers) Regulation, 1997, the Company has revised the offer price in respect of the Public Offer made by it for acquisition of Equity Shares of The Zandu Pharmaceuticals Works Ltd from Rs 7315/- to Rs 15,000/- per Share.
As required under the aforesaid regulation 26 the Emami Ltd is making suitable arrangements for issuing corrigendum to Public Announcement in all the newspapers in which the Original public announcement were made....
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