Stock Report

Rane Holdings revises schedule of Open Offer



Posted On : 2007-04-25 07:23:27( TIMEZONE : IST )

Rane Holdings revises schedule of Open Offer

Ind Global Corporate Finance Pvt Ltd ("Manager to the Offer") on behalf of Mr. L Lakshman, Mr. L Ganesh, L Lakshman (HUF), L Ganesh (HUF), Mr. Harish Lakshman ("Acquirers"), has issued this Corrigendum to the Public Announcement to the equity shareholders of Rane Holdings Ltd ("Target Company"), which is in continuation of & should be read in conjunction with the Original Public Announcement ("PA") dated February 28, 2007. The shareholders of the Target Company are requested to note the following:

The original and revised schedule of major activities of the Offer is as follows:

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Activity				Original Schedule		Revised Schedule
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Specified Date			March 16, 2007		March 16, 2007
Date of Opening of the Offer	April 23, 2007		April 27, 2007
Date of Closing of the Offer	May 14, 2007		May 16, 2007
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Terms used but not defined in this Corrigendum Public Announcement shall have the same meaning as assigned in the PA.

Source : Equity Bulls

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