5th-Jan-2012 18:01Source: BSE

Yash Trading - Post Open Offer Status

Indbank Merchant Banking Services Ltd ("Manager to the Offer"), on behalf of Mr. Pradeep Kumar Sethy ("Acquirer") has informed this Post Offer Public Announcement ("Announcement") to the shareholders/ beneficial owners of Yash Trading & Finance Ltd ("Target Company"), which is in continuation of & should be read in conjunction with the Original Public Announcement ("PA") dated July 18, 2011, Letter of Offer dated December 08, 2011 & Corrigendum to the PA dated December 09, 2011, under the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations 1997 and subsequent amendments thereto ("SEBI (SAST) Regulations"), to acquire 49,000 Equity Shares of Rs. 10/- each, representing 20% of the paid up equity share capital of the Target Company at a price of Rs. 157/- (Rupees One Hundred Fifty Seven only) per fully paid up equity share, payable in cash.