Ashika Capital Ltd ('Manager to the Open Offer') on behalf of Jupiter Metal Pvt Ltd ('Acquirer') has informed this Offer Opening Public Announcement to the Equity Shareholders of Kalindee Rail Nirman (Engineers) Ltd ('Target Company'), pursuant to and in compliance with Regulation 18 (7) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 and subsequent amendments thereto ('SEBI (SAST) Regulations, 2011') in respect of Open Offer for acquisition of 42,91,975 Equity Shares of Rs. 10/- each, constituting 26% of the Fully Diluted Voting Equity Share Capital of the Target Company. The Detailed Public Statement (?DPS?), with respect to the aforementioned Offer, was published on July 17,2013. The First Addendum to Public Announcement and Detailed Public Statement (First Addendum), and Second Addendum to the Public Announcement and Detailed Public Statement (?Second Addendum?) were published, in the same newspapers in which the DPS was published on July 24, 2013 and on November 07, 2013 respectively.
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