Benzo Petro announces Post Open Offer Shareholding Status

Ashika Capital Ltd ("Manager to the Offer"), on behalf of Mr. Jasbir Singh Sodhi ("Acquirer") has issued this Post Offer Public Announcement to the shareholders of Benzo Petro International Ltd ("Target Company"), which is in continuation of and should be read in conjunction with the Public Announcement ("PA") dated March 28, 2007 & June 26, 2007, in terms of Securities & Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 and subsequent amendments thereto ("Regulations"), to acquire 22,19,050 equity shares of Rs 10/- each, representing 20% of its voting capital of the Target Company, at a price of Rs 2.50 per share ("Offer Price") payable in cash are as under:

Details of Acquisition

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Item				Proposed in the 		Actuals
				offer document
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1. Offer Price			Rs 2.50 per share		Rs 2.50 per share
2. Shares acquired in the	22,19,050 (20%) 		51,100 (0.46%)
Open Offer (No & %)
3. Post offer Shareholding	41,31,450 (37.24%) 		19,63,500 (17.70%)
of Acquirer (No & %)
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Source : Equity Bulls

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