Stock Report

Alfa Laval revises Open Offer schedule



Posted On : 2007-04-27 23:23:44( TIMEZONE : IST )

Alfa Laval revises Open Offer schedule

HSBC Securities & Capital Markets (India) Pvt Ltd ("Manager to the Offer") has clarified that the offer is made by Alfa Laval Corporate AB ("Acquirer") and Alfa Laval AB (publ) (the "PAC") to acquire upto 4,702,500 fully paid up equity shares of the Alfa Laval India Ltd. The PAC is the holding company of the acquirer.

HSBC Securities & Capital Markets (India) Pvt Ltd ("Manager to the Offer") on behalf of Alfa Laval Corporate AB ("Acquirer"), and Alfa Laval AB (publ) (the "PAC") has issued this Corrigendum to the Public Announcement (PA) to the equity shareholders of Alfa Laval India Ltd ("Target Company"), which is in continuation of & should be read in conjunction with the Original Public Announcement ("PA") dated February 27, 2007, to acquire upto 4,702,500 fully paid up equity shares of Rs 10/- each of the Target Company (each a "Share"), representing 25.89% of the total paid up voting equity share capital of Target Company as on February 23, 2007, pursuant to Regulation 11(2A) and other applicable provisions of the Securities & Exchange Board of India (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 ("Takeovers Regulations")

The shareholders of the Target may please note the following:

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

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Activity				Original Date		Revised Date
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Specified Date				March 16, 2007		March 16, 2007
Date of Opening of the Offer		April 19, 2007		May 07, 2007
Date of Closing of the Offer		May 08, 2007		May 26, 2007
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Source : Equity Bulls

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