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Denso India: Updates on delisting offer

DENSO Corporation, Japan has informed this post offer public announcement to the equity shareholders of Denso India in respect of the proposed acquisition and voluntary delisting of Equity Shares from the BSE , Delhi Stock Exchange and Madras Stock Exchange , and withdrawal of the permitted to trade status from the NSE.

October 04, 2013 / 11:52 AM IST
 
 
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Denso India Ltd has informed to BSE about the following:ICICI Securities Ltd ("Manager to the Open Offer") on behalf of DENSO Corporation, Japan ("Acquirer") has informed this Post Offer Public Announcement ("Post Offer PA") to the Equity shareholders of Denso India Ltd ("Target Company”) and is in continuation of, and should be read in conjunction with, the original Public Announcement (“Original PA”) dated August 12, 2013 and the Letter of Offer dated August 16, 2013 ("Bid Letter"). This Post Offer PA is being issued in accordance with Regulation 18 of the Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2009, as amended till date ("Delisting Regulations"), in respect of the proposed acquisition and voluntary delisting of Equity Shares of the Company from the BSE Ltd ('BSE'), Delhi Stock Exchange Ltd ('DSE') and Madras Stock Exchange Ltd (‘MSE'), and withdrawal of the permitted to trade status from the National Stock Exchange of India Ltd ('NSE') (the "Delisting Offer").Capitalised terms used but not defined in this Post Offer PA shall have the same meaning assigned to them as in the Original PA and the Bid Letter.Source : BSE

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first published: Oct 4, 2013 11:52 am

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