Fulford India Updates on Open Offer

Ambit Corporate Finance Pvt Ltd ("Manager to the Offer") on behalf of Dashtag ("the Acquirer") has issued this Corrigendum to the Public Announcement to the equity shareholders of Fulford India Ltd ("Target Company"), which is in continuation of and shall be read in conjunction with the Original Public Announcement ("PA") dated November 21, 2006. The Shareholders of the Target Company note the following:

In terms of Regulation 18(1) of the SEBI Takeover Code, the draft Letter of Offer has been submitted to SEBI on December 05, 2006 and observations from SEBI in terms of Regulation 18(2) of the SEBI Takeover Code are awaited. The original schedule of activity as disclosed in the Public Announcement is delayed and the revised schedule of activity will be announced on receipt of the observations from SEBI.

Source : Equity Bulls

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