Bharat Fertilisers promoters increase stake after open offer

Fedex Securities Ltd ("Manager to the Offer") on behalf of Wada Alums & Acids Pvt Ltd ("Acquirer") has issued this Post Offer Public Announcement to the Shareholders of Bharat Fertilisers Industries Ltd ("Target Company"), which is in continuation of, and should be read in conjunction with, the Public Announcement ("PA") dated July 05, 2006 in compliance with the SEBI (Substantial Acquisition of Shares and Takeover Regulations) 1997 and subsequent amendments thereto. The details are as under:

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Item				Proposed in the			Actuals			
	
				offer document

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1. Offer Price			Rs 22/-	per share		Rs 22/- per share

2. Shares acquired in the		7,84,703 (20.00%)		13,281 (0.34%)   

open offer (No. & %)							

3. Post offer Shareholding		15,39,267 (39.23%)		7,67,845 (19.57%) 
  
of Acquirers (No. & %)

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Source : Equity Bulls

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