MANGALORE CHEMICALS and FERTILIZERS LTD. - Open Offer

Ambit Corporate Finance Private Ltd and ICICI Securities Ltd ("Managers to the Offer") has submitted to BSE a copy of public announcement regarding Open Offer to the equity shareholders of Mangalore Chemicals and Fertilizers Ltd (Target Company) by Zuari Fertilisers and Chemicals Ltd ("Acquirer") together with Zuari Agro Chemicals Ltd ("PAC1"), United Breweries (Holdings) Ltd ("PAC2"), Kingfisher Finvest India Ltd ("PAC3") and McDowell Holdings Ltd ("PAC4") as the persons acting in concert (Collectively, "PAC") with the Acquirer.