Stock Report

Corcomp Infosystems Updates on Open Offer



Posted On : 2007-06-18 01:49:40( TIMEZONE : IST )

Corcomp Infosystems Updates on Open Offer

Aryaman Financial Services Ltd ("Manager to the Offer") on behalf of Mr. Dayabhai Gajibhai Jivani, Mr. Jagdishbhai Harjibhai Jivani, Mr. Savji Dungarshibhai Patel & Mrs. Usha Savji Patel ("Acquirers") and M/s. Shyam Star Gems Ltd, M/s. Rainbow Jewels and M/s. Srusti Diam ("Person Acting in Concert / PACs") has issued this Corrigendum to the Public Announcement to the shareholders of Corcomp Infosystems Ltd ("Target Company"), which is in continuation of and should be read in conjunction with the original Public Announcement (PA) dated April 09, 2007. Pursuant to Regulation 10 and 12 and other applicable provisions of Chapter III and in compliance with the Securities & Exchange Board of India (Substantial Acquisition of Shares & takeovers) Regulations, 1997 and subsequent amendments thereto ("Regulations"). The shareholders of the Target Company are requested to note the following:

The revised schedule of activities are as follows:

------------------------------------------------------------------------------------------
Activity				Original Schedule	Revised Schedule
------------------------------------------------------------------------------------------
Specified Date				May 03, 2007		May 03, 2007
Date of Opening of the Offer		May 25, 2007		June 21, 2007
Date of Closing of the Offer		June 14, 2007		July 10, 2007
------------------------------------------------------------------------------------------

Source : Equity Bulls

Keywords