RELIANCE CAPITAL LTD. - Exit Offer PA - Delisting Offer to the Shareholders of Reliance Broadcast Network
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| 11 Mar 2014 | |
| Reliance Broadcast Network Ltd has informed BSE about the following:<br/><br/>This public announcement (Exit Offer PA") is being issued by Reliance Share and Stock Brokers Private Ltd (R-Share), Reliance Land Private Ltd (R-Land") and Reliance Capital Ltd (R-Cap) ("Acquirers") to provide the remaining public shareholders of Reliance Broadcast Network Ltd ("Target Company) an exit opportunity in accordance with Regulation 21 of the Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2009 (Delisting Regulations). This Exit Offer PA is in continuation to and should be read in conjunction with, (i) the public announcement published on January 22, 2014 ("PA) in respect of the proposed acquisition and voluntary delisting of fully paid-up equity shares of the Company from the BSE Limited (BSE) and the National Stock Exchange of India Limited ("NSE) in accordance with the Delisting Regulations, (ii) the bid letter dated January 22, 2014 issued in respect thereof inviting Bids from all Public Shareholders of the Company (Bid Letter), and (iii) the post offer public announcement published on February 21, 2014 (Post Offer PA) in accordance with Regulation 18 of the Delisting Regulations.<br/><br/>Capitalised terms and abbreviations used in this Exit Offer PA and not defined herein have the same meaning as ascribed to them in the PA, the Bid Letter, the Post Offer PA and the Exit Offer Letter (as defined below), unless otherwise specified. | |
| View all announcements for RELIANCE CAPITAL LTD. | Source: BSE India |
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