Cimmco informs revised schedule of Open Offer by M/s.Titagarh Wagons Ltd

Cimmco informs revised schedule of Open Offer by M/s.Titagarh Wagons Ltd

VC Corporate Advisors Pvt Ltd (“Manager to the Offer”) on behalf of M/s. Titagarh Wagons Ltd (hereinafter referred to as “the acquirer”/”TWL”) alongwith M/s. Cimco Equity Holdings Pvt. Ltd (“Person Acting in Concert” /”PAC” /”CEHPL”) has informed this Corrigendum to the Detailed Public Statement & Offer Opening Public Announcement to the Shareholders of Cimmco Ltd (“Target Company”), pursuant to regulation 18(7) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as amended (“SEBI (SAST) Regulations”) in respect of Open Offer (“Offer”) for the acquisition of 50,53,181 (Fifty Lacs Fifty Three Thousand One Hundred Eighty One) fully paid-up equity shares of Rs. 10/- each, representing 25.08% of the equity and voting share capital of the Target Company. The Detailed Public Statement (“DPS”) pursuant to the Public Announcement (“PA”) made by the Acquirer alongwith PAC published on April 23, 2014.

Source:RailNews