Jaihind Synthetics announces Post Open Offer Status of shareholding

Fedex Securities Ltd ("Manager to the Offer") on behalf of Shri Mihir D Karia, Shri Meghji G Patel, Shri Hasmukh G Patel & Shri Paresh V Savani ("Acquirers"), has issued this Post Offer Public Announcement to the equity shareholders of Jaihind Synthetics Ltd ("Target Company"), which is in continuation of and should be read in conjunction with the original Public Announcement ("PA") dated September 30, 2006 and corrigendum to PA dated January 10, 2007. The details are as under:

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Item					Proposed		Actual		-----------------------------------------------------------------------------------------
1. Offer price for fully paid shares	Rs 6			Rs 6   
Offer price for partly paid shares	Rs 1			Rs 12. 
Shares acquired in the open Offer	960,000			6,400    
(No. & %)				20.00%			0.13%3. 
Post offer Shareholding of Acquirer	1,680,000		726,400  
(No & %)				(35.00%)		(15.13%)
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Source : Equity Bulls

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