Amrit Banaspati: Updates on delisting offer

Alpen Capital India Pvt Ltd ("Manager to the Offer") on behalf of Shri Naresh Kumar Bajaj, Shri Ashwini Kumar Bajaj, Shri Vikram Kumar Bajaj, Amrit Trademart Pvt Ltd and A. F. Trading Company Pvt Ltd ("Promoter Acquirers") ("Promoter") has informed this Post Offer Public Announcement ("Post Offer Public Announcement or "Post Offer PA") in respect of the voluntary delisting Offer / ("Delisting Offer") of the equity shares of Amrit Banaspati Company Ltd ("Target Company") from BSE Ltd and Delhi Stock Exchange Ltd, pursuant to Regulation 18 of the Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2009 ("Delisting Regulations"). This Post Offer PA is in continuation to and should be read in conjunction with the public announcement published on December 29, 2012 ("PA")and the offer letter dated January 02, 2013 ("Offer Letter").Capitalized terms used but not defined in this Post Offer PA shall have the same meaning assigned to the them in the PA and the Offer Letter.The Promoter Acquirers issued the PA seeking to acquire, in accordance with the Delisting Regulations and on the terms and conditions set out therein and in the Offer Letter, 18,97,296 Equity Shares ("Offer size") representing the balance 25.77% of paid up equity share capital of the Company from the Public Shareholders. The Public Shareholders holding Equity Shares of the Company were invited to submit bids pursuant to the reverse book-building process ("RBB") made available through the electronic system of the BSE Ltd ("BSE") during the Bid Period (January 18, 2013 to January 23, 2013), in accordance with the Delisting Regulations.Source : BSE

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