45 DAYS REPORT IN RESPECT OF OPEN OFFER MADE BY (ACQUIRER) FOR ACQUIRING SHARES OF ( TARGET COMPANY)

( Offer formalities completed ( Yes/NO)

(To be submitted in duplicate within 45 days from the closure of the open offer)

  1. Name of the Target Company :
     


     
     
     
     
     
     

  2. Name of Acquirer(s) :
     


     
     
     
     
     
     

  3. Name of Manager to the offer :
     


     
     
     
     
     
     
     

  4. Name of the Registrar to the offer, if any :
     


     
     
     
     
     
     
     

  5. Offer Details
  1. Date of opening of the offer :
  2. Date of closure of the offer
  3. Date by which Letter of offer (LOO) are to be dispatched in terms of Regulations
  4. Date by which LOO were actually dispatched
  5. In case, (d) was later than (c), give reasons for non compliance with relevant regulation
  6. Offer price in first P.A. Revisions, if any
  7. Mode of payment of consideration : Cash/ Securities
  8. Offer size in first P.A. Revisions, if any : (No. of shares x price per share)
  9. Offer Price of partly paid up shares
  1. Details of basis of acceptance
        a) No of shares proposed to be acquired through
        b) open offer, revisions, if any.                                       :
        c) No of applications  received                                       :
        d) No of applications accepted                                       :
        e) No of Fully paid up shares received                          :
        f) No of Fully paid up shares accepted                         :
        g) No of partly paid up shares received                         :
        h) No of partly paid up shares accepted                        :
 
  1. Last date of completion of the despatch of consideration to respondents in terms of regulations.
     


     
     
     
     
     
     
     
     

  2. Actual date of completion of the despatch of consideration to respondents.
     


     
     
     
     
     
     
     

  3. In case (8) is later than (7), give reasons for delay.
     


     
     
     
     
     
     
     

  4. Confirm whether consideration has been paid to all the shareholders whose shares have been accepted. If no, give reasons.
     


     
     
     
     
     
     
     
     
     

  5. Name of the bank where the special account has been opened for the purpose of payment of consideration and a certificate from it that the entire amount of consideration has been deposited therein as on …
     


     
     
     
     
     
     
     

  6. Escrow account details :
    a) In case, escrow account consists of cash deposit, indicate when, how and for what purpose the amount deposited in escrow account was released ( Refer Regulation 28(12)}
     
     
     
     
     
     

    b) In case, escrow account consists of Bank guarantee(BG) / deposit of securities,

Whether BG / securities have been returned to acquirer(s)
    1. If yes, when and why.
    2. If no, why
  1. Post offer details ( Actual Versus proposed )
S.

No.

 Item Proposed in the Offer document Actuals
1 Offer price    
2 Share holding of acquirer ( No & %) before MOU/P.A.    
3 Shares acquired by way of MOU or market purchases ( No & %)    
4 Shares acquired in the open offer 

(No & %)

    
5 Size of the open offer ( No of shares multiplied by offer price per share)     
6 Shares acquired after P.A but before 7 working days prior to closure date, if any .( No & % )    
7 Post offer share holding of acquirer (No & %) (2+3+4+6)    
8 Pre & Post offer share holding of Public ( No & %) Pre offer  Post offer Pre offer Post offer 

Give details regarding acquisition mentioned at (6) above, if any:
 

    i) Name of the entity who acquired the shares,
     
     

    ii) Whether disclosure about the entity stated at (i) was given in the letter of offer as either Acquirer or Persons acting in concert with Acquirer. ( Yes/No)

    iii) No of shares acquired per person mentioned at (i) iv) Purchase price per share v) Mode of acquisition
     
     
     
     
  1. Indicate whether the public share holding has fallen to 10% or less, (Yes/ NO).
     


     
     
     
     
     
     

  2. If yes, indicate the steps taken in accordance with the disclosures given in the offer document.
     


     
     
     
     

  3. Indicate Market price (opening and closing prices) of shares of target company, if traded on the following dates (indicate name of Stock Exchange(s) also);
     


     

    a) Offer Closing date

    b) The average market price of the weekly high and low of the closing prices of the shares during the period from the date   of PA till closure of the offer
     
     

  4. Any other relevant information.

 
 
 

Signed by the Manager to the offer
Date : Place :

Note : Submitting 45 days report is the responsibility of Manager to the offer. Any delay in submission would be viewed seriously by SEBI.

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