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Choksh Infotech - Post Offer Status
July 01, 2008
Saffron Capital Advisors Pvt Ltd (Manager to the Offer) on behalf of Mr. Arikatla Srinivasa Reddy (Acquirer) & Mr. Bhimavarapu Surender Reddy & Mrs. D Malathy (PACs) has issued this Post Offer Public Announcement to the shareholders of Choksh Infotech Ltd (Target Company), which is in continuation of & should be read in conjunction with the Public Announcement (PA) dated April 17, 2008, Revised Public Announcement dated May 30, 2008 under the Securities & Exchange Board of India (substantial acquisition of Shares & Takeovers) Regulations, 1997 and subsequent amendments thereto, to acquire upto 20,30,000 equity shares of Rs 10/- each, representing 20.00% of the Post Issue share capital (20.17% of the Post Issue Voting Rights) of Target Company at a price of Rs 10/- (Rupees Ten only) per fully paid up equity share and Rs 5/- (Rupees Five only) per partly paid up equity share payable in cash are as under:
Details of Acquisition:
Sr. No.
Item
Proposed in the Offer Document
Actuals
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