DIC India Ltd has informed BSE that the Board of Directors of the Company have received a letter dated November 22, 2013 from DIC Asia Pacific Pte Ltd, the promoter of the Company ("Acquirer"), on November 22, 2013 proposing to make a voluntary delisting offer in accordance with the Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2009 ("Delisting Proposal").Further the Acquirer has informed that after considering the prevailing market conditions and for providing good exit opportunity to public shareholders of the Company ("Public Shareholders"), they are willing to accept the equity shares of the Company ("Equity Shares") tendered in the delisting offer at a price of Rs. 260/- per equity share ("Indicative Offer Price"), However, this Indicative Offer Price should in no way be construed as:1. a ceiling or maximum price for the purposes of the reverse book building process and the Public Shareholders are free to tender their Equity Shares at any price higher than the Indicative Offer Price in accordance with the Delisting Regulations; or2. a commitment by the Acquirer to accept the Equity Shares tendered in the delisting offer if the discovered price (price at which maximum Equity Shares have been tendered in the reverse book building process) is less than the Indicative Offer Price; or3. an obligation on the Acquirer to pay the Indicative Offer Price in the event the discovered price is lower than the Indicative Offer Price; or4. a restriction on the ability of Acquirer to acquire Equity Shares from the Public Shareholders at a price higher or lower than the Indicative Offer Price.The Company has submitted to BSE a copy of this letter as an annexure.In view of the above, a meeting of the board of directors of the Company has been scheduled on November 23, 2013 to consider the Delisting Proposal and matters incidental thereto.Source : BSE
Read all announcements in DIC India
Anda sedang membaca artikel tentang
DIC India to consider delisting proposal
Dengan url
http://sehatgayahidup.blogspot.com/2013/11/dic-india-to-consider-delisting-proposal.html
Anda boleh menyebar luaskannya atau mengcopy paste-nya
DIC India to consider delisting proposal
namun jangan lupa untuk meletakkan link
DIC India to consider delisting proposal
sebagai sumbernya
0 komentar:
Posting Komentar