ICICI Securities Ltd ("Manager to the Open Offer"), for and on behalf of the Texmaco Rail & Engineering Limited ("Acquirer"), has informed this Corrigendum to the Public Announcement ("PA") & detailed public statement ("DPS") to the public shareholders of Kalindee Rail Nirman (Engineers) Ltd ("Target Company"), regarding Open Offer under Regulations 3(1), 4 and 20 of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as amended to the shareholders of the Target Company for acquisition of up to 49,52,280 fully paid up equity shares of face value of Rs. 10 each of the Target Company ("Equity Shares") by Acquirer.This Corrigendum to the public announcement dated July 20, 2013 ("Public Announcement"), the detailed public statement published on July 26, 2013 ("Detailed Public Statement") and the Draft Letter of Offer dated August 02, 2013 ("Draft Letter of Offer"), pursuant to and in compliance with, among others, Regulations 18(4), 20(9) and 18(5) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as amended ("SEBI (SAST) Regulations") with respect to an upward revision of the Offer Price from Rs. 68 (Rupees sixty eight) per Equity Share to Rs. 71 (Rupees seventy one) per Equity Share.This Corrigendum is in continuation of and shall be read in conjunction with the Public Announcement, the Detailed Public Statement and the Draft Letter of Offer.Source : BSE
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