HIND SYNTEX LTD. - Updates on Open Offer

Micosec Capital Ltd ("Manager to the Open offer"), on behalf of Mr. Manish Kumar, Mrs. Ritika Kumar, RDM Family Trust and Devmanu Family Trust ("Acquirers") has informed this Announcement pursuant to Regulation 18(7) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 and subsequent amendments thereto ("SEBI (SAST) Regulations"), in respect of the open Offer ("Offer") to acquire up to 33,06,836 fully paid-up equity shares of face value of Rs. 10 each ("Equity Shares) of the Target Company. The Detailed Public Statement ("DPS") with respect to this Offer was published on February 20, 2013.