SUPER SALES INDIA LTD. - Open Offer
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| 09 May 2014 | |
| Axis Capital Limited (""Manager to the Open Offer") has submitted to BSE a Copy of Public Announcement regarding Open offer (Offer) for acquisition of up to 7,98,590 fully paid-up equity shares of face value of Rs. 10 each from the public shareholders of Super Sales India Limited (Target Company) by Lakshmi Cargo Company Limited (LCCL) and Lakshmi Life Sciences Limited (LLSL) (LCCL and LLSL are collectively referred to as the Acquirers) and Sanjay Jayavarthanavelu, in his capacity as a person acting in concert with the Acquirers (PAC), under Regulations 3(1) read with Regulation 15(1) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.<br/><br/>Offer Details:<br/><br/>Offer Size: Up to 7,98,590 fully paid-up equity shares of face value of Rs. 10 each of the Target Company (each an Equity Share), representing 26% of the fully diluted voting equity share capital of the Target Company (Voting Share Capital), as of the 10th working day from the closure of the tendering period.<br/><br/>Price / consideration: Rs. 461/- per Equity Share (Offer Price). | |
| View all announcements for SUPER SALES INDIA LTD. | Source: BSE India |
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