Reliance Media open offer to Fame India shareholders
Reliance Media open offer to the shareholders of Fame India. The Offer Size of 2,17,00,000 equity shares.
January 04, 2011 / 19:31 IST
ICICI Securities Ltd ("Manager to the Offer"), for & on behalf Reliance MediaWorks Ltd ("RMW" / "Acquirer"), along with the Reliance Capital Partners ("Persons Acting in Concert1" or "PAC1") and Reliance Capital Ltd ("Persons Acting in Concert2" or "PAC2") has issued this Corrigendum to the Public Announcement ("Third Corrigendum") to the equity shareholders of Fame India Ltd ("Target Company"/ "FIL"), which is in continuation of & should be read in conjunction with the Public Announcement ("PA") published on February 21, 2010, the First Corrigendum to the PA published on March 05, 2010, Second Corrigendum to the PA published on December 09, 2010 & Letter of Offer dated December 9, 2010 ("Letter of Offer" or "LoF"), pursuant to and in compliance with Regulations 10, 12, 25(1) and 25(3) and other applicable provisions of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 and subsequent amendments thereto ("Regulations" or "SEBI Takeover Code").
The shareholders of the Target Company are requested to note the following updates to the PA and the Letter of Offer:
The Offer Size of 2,17,00,000 equity shares now represents 53.38% of the Emerging Equity Share and Voting Capital of the Target Company. Accordingly, the references to the same in the PA and the Letter of Offer shall stand updated to this effect. | | Source : BSE |
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