Kotak Mahindra Capital Company Ltd (Manager to the Offer), on behalf of Venturbay Consultants Pvt Ltd (Acquirer), and Tech Mahindra Ltd (Person Acting in Concert / PAC) has issued this Post Offer Public Announcement (Post Offer PA) to the equity Shareholders of Satyam Computer Services Ltd (Target Company), which is in continuation of and should be read in conjunction with the Public Announcement (PA) dated April 22, 2009, a corrigendum to the PA (Corrigendum PA) on June 05, 2009 & Letter of Offer (LOF) dated June 04, 2009, pursuant to and in compliance with Securities and Exchange Board of India (Substantial Acquisition of Equity Shares and Takeovers) Regulations, 1997 & subsequent amendments there to (Regulations).
The Acquirer and the PAC had made an open public offer (Offer) to acquire up to 19,90,79,413 fully paid up equity shares of Rs 2/- each representing 20% of the Fully Diluted Equity Share Capital of Target Company at a price of Rs. 58/- (Rs. Fifty-Eight only) per fully paid up equity share, payable in cash.
The Acquirer and the PAC had made an open public offer (Offer) to acquire up to 19,90,79,413 fully paid up equity shares of Rs 2/- each representing 20% of the Fully Diluted Equity Share Capital of Target Company at a price of Rs. 58/- (Rs. Fifty-Eight only) per fully paid up equity share, payable in cash.
No comments:
Post a Comment