Stock Report

Yashraj Securities announces Post Offer Status of Shareholding



Posted On : 2007-04-16 11:02:15( TIMEZONE : IST )

Yashraj Securities announces Post Offer Status of Shareholding

Fedex Securities Ltd ("Manager to the Offer") on behalf of Shri. Kashyap Kanaiyalal Mehta, Shri. Atul Shamji Bharani, Shri. Vishram Shivram Sawant & Parshwa Fintrade Consultants Pvt Ltd ("Acquirers") has issued this Post Offer Public Announcement to the shareholders of Yashraj Securities Ltd ("Target Company"), which is in continuation of & should be read in conjunction with the original Public Announcement ("PA") dated September 20, 2006, and the Corrigendum to PA dated March 09, 2007, in compliance with SEBI (Substantial Acquisition of Shares and Takeovers Regulations) 1997 and subsequent amendments thereto.

The Details of Acquisition are as under:

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Item				Proposed in the 		Actuals
				Letter of Offer
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1. Offer Price			Rs 94.50			Rs 94.50
2. Shares acquired in the	2,04,543 (20%)	 		0 (0%)
open offer (No & %)
3. Post offer Shareholding of	3,46,452 (33.88%) 		1,41,909  (13.88%)
the acquirer (No & %)
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Source : Equity Bulls

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