Stake Sale

Shriram Transport Finance Open Offer date revised



Posted On : 2006-09-08 11:06:54( TIMEZONE : IST )

Shriram Transport Finance Open Offer date revised

DSP Merrill Lynch Ltd ("Manager to the Offer") on behalf of Shriram Holdings Madras Pvt Ltd ("Acquirer") along with Shriram Financial Services Holdings Pvt Ltd, Newbridge India Investment II Ltd, Newbridge India Investment III Ltd, Newbridge Asia IV, L.P. & Southern Pine Pte Ltd (together "Person Acting in Concerts" / "PACs"), has issued this Revised Public Announcement to the shareholders of Shriram Transport Finance Company Ltd ("Target Company"), which is in continuation of and should be read in conjunction with the Public Announcement ("PA") dated February 08, 2006, pursuant to and in compliance with, the Securities & Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 ("SEBI Takeover Regulations"), the shareholders of the target Company are requested to kindly note the following:

Revised Schedule of the Major Activities of the Offer:

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Item				Original Schedule		Revised Schedule
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Specified Date			February 24, 2006		February 24, 2006
Date of Opening of the Offer		March 22, 2006		September 11, 2006
Date of Closing of the Offer		April 10, 2006		September 30, 2006
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Source : Equity Bulls

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