Inga Advisors Pvt Ltd ("Manager to the Offer") on behalf of Mr. TT Jagannathan,
Mr. TT Raghunathan, Mrs. Latha Jagannathan and Mrs Bhanu Raghunathan as partners
of M/s TT Krishnamachari & Co (TTK & Co) ("Acquirers") has issued this Post Offer
Public Announcement to the equity shareholders of TTK Healthcare Ltd ("Target
Company"), which is in continuation of and should be read in conjunction with the
original Public Announcement ("PA") dated July 26, 2006, under the SEBI (Substantial
Acquisition of Shares and Takeovers) Regulations, 1997, to acquire upto 16,22,083
fully paid-up equity shares of Rs 10/- each representing 20.00% of the Equity Capital
(Post Preferential Issue) of Target Company at a price of Rs 73/- per fully paid up
equity share, payable in cash. The details are as under:
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Item Proposed in the Actual
offer document
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1. Offer Price Rs 73/- Rs 73/-
2. Shares acquired in the 16,22,083 (20.00) 6,028 (0.07)
open offer (No & %)
3. Post offer Shareholding 65,85,463 (81.20) 49,69,408 (61.27)
of Acquirer (No & %)
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Source : Equity Bulls
Keywords