Stock Report

Fulford India announces Post Offer Status



Posted On : 2007-03-29 10:39:43( TIMEZONE : IST )

Fulford India announces Post Offer Status

Ambit Corporate Finance Pvt Ltd ("Manager to the Offer"), on behalf of Dashtag ("Acquirer") has issued this Post Offer Public Announcement to the equity shareholders of Fulford India Ltd ("Target Company"), which is in continuation of & should be read in conjunction with, the Public Announcement ("PA") dated November 21, 2006, the Corrigendum PA dated January 04, 2007, the Second Corrigendum PA dated February 07, 2007, and the Letter of Offer dated February 07, 2007.

The Offer details are as under:

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Item				Proposed in the 		Actuals				
				offer document
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1. Offer Price			Rs 575 per share 		Rs 575 per share
2. Shares acquired in the	780,000 (20%) 			123,087 (3.16%)   
open offer (No & %)
3. Post offer Shareholding of	2,760,000 (70.77%) 		2,103,087  (53.93%)  
the acquirer upon transfer  of Shares accepted under Offer (No & %)
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Source : Equity Bulls

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