Jul 15, 2013 05:01 PM IST | Source:

Comfort Fincap: Post open offer status

Luharuka Commotrade made an open offer to acquire 21,70,260 fully paid-up Equity Shares of Comfort Fincap at a price of Rs 22 per equity share.

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VC Corporate Advisors Pvt Ltd ("Manager to the Open Offer") on behalf of Luharuka Commotrade Private Limited ("Acquirer") has informed this Post Offer Public Announcement to the equity shareholders of Comfort Fincap Ltd ("Target Company"), in terms of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 ("Regulations") and subsequent amendments thereto to acquire 21,70,260 fully paid-up Equity Shares of Rs. 10/- each, representing 20.00% of the fully paid-up equity and voting share capital at a price of Rs. 22/- per equity share ("Offer Price") payable in cash.The details subsequent to the completion of the Offer made vide Public Announcement ("PA") dated February 27, 2013, Corrigendum to PA dated June 11, 2013 and Letter of Offer dated June 10, 2013.Source : BSE

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