D & A Financial Services (P) Ltd ('Manager to the Offer') has submitted to BSE a Copy of Public Announcement ('PA') regarding Open Offer for acquisition of up to 12,02,650 Equity Shares, representing 26% of the total Paid-Up/Voting Share Capital of Jauss Polymers Ltd ,('Target Company') by M/s Innovative Tech Pack Limited and Mr. Ketineni Sayaji Rao ('Acquirers'), under Regulation 3 (1) and 4 read with Regulation 15(1) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as amended, ('SEBI (SAST) Regulations' or 'Regulations')
Size: The Acquirers hereby make this Open Offer to the Public Shareholders of the Target Company to acquire up to 12,02,650 fully paid up equity shares of face value of Rs 10/- (Rupee Ten only) each of the Target Company ('Equity Shares') Constituting 26% of the paid up equity share capital of the Target Company ('Offer Size').
Price / Consideration: The Offer Price of Re 13/- (Rupees Thirteen Only) per Equity Share is Calculated in accordance with Regulation 8(2) of the SEBI (SAST) Regulations, 2011 and subsequent amendments thereto.
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