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CIRCUIT SYSTEMS (INDIA) LTD. - Post Delisting Offer
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29 Feb 2016
PL Capital Markets Private Limited (Manager to the Offer) and Mr. Paresh N. Vasani (Promoter) has informed this post offer public announcement (Post Offer PA) in respect of the proposed acquisition and voluntary delisting of the equity shares of face value of Rs. 10 each (Equity Shares or Shares) of Circuit Systems (India) Limited (Company) from the BSE Limited (BSE) pursuant to Regulation 18 of the Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2009, as amended (Delisting Regulations). This Post Offer PA should be read in conjunction with the public announcement dated February 4, 2016 (PA) and the letter of offer (LOF) dated February 4, 2016. The capitalized terms used but not defined in this Post Offer PA shall have the same meaning assigned to them in the PA and the LOF.&lt;BR&gt;&lt;BR&gt;The Promoter had issued the PA seeking to acquire, in accordance with the Delisting Regulations and on the terms and conditions set out therein and in the LOF, up to 39,75,836 Equity Shares representing 28.67% of fully paid-up equity share capital of the Company from the public shareholders of the Company (Public Shareholders).&lt;BR&gt;&lt;BR&gt;Public Shareholders holding Equity Shares were invited to submit bids pursuant to the reverse book-building process (RBP) conducted through the Stock Exchange Mechanism through the BSE during the Bid Period (February 16, 2016 to February 22, 2016), in accordance with the Delisting Regulations.
View all announcements for CIRCUIT SYSTEMS (INDIA) LTD. Source: BSE India