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GlaxoSmith Con
BSE: 500676NSE: GSKCONSISIN: INE264A01014

14th-Jan-2013 17:22Source: BSE

GlaxoSmith Con - Updates on Open Offer

GlaxoSmithkline Consumer Healthcare Ltd ("Target Company") has submitted to BSE a Copy of Recommendations of the Committee of Indepedent Directors (IDC) on the Open Offer to the shareholders of the Target Company under Regulation 26(7) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (SEBI(SAST) Regulations).

GlaxoSmithKline Pte Ltd ("GSK Pte" or the "Acquirer") along with Horlicks Ltd ("Horlicks") and GlaxoSmithKline plc ("GSK plc") in their capacity as persons acting in concert (each entity individually referred to as "PAC" and together referred to as "PACs")

HSBC Securities and Capital Markets (India) Pvt Ltd ("Manager to the Open Offer")

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