News Announcement

Mapro Industries: Updates on Open Offer

Chartered Capital and Investment Ltd ('Manager to the Open Offer'), for and on behalf of Mr. Sandeep Gupta, Mr. Atul Kumar Sultania and Mr. Umesh Kumar Kanodia ('Acquirers') has informed this Corrigendum to the Detailed Public Statement ('Corrigendum') in respect of the Open Offer to the Equity Shareholders of Mapro Industries Ltd ('Target Company'), pursuant to and in compliance with Regulation 3(1) and Regulation 4 of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as amended ('Regulation'). This corrigendum should be read in continuation of, and in conjunction with the Detailed Public Statement ('DPS') published on January 23, 2013.

Capitalized terms used but not defined in this Corrigendum shall have the same meaning assigned to such terms in the DPS, unless otherwise specified.

The shareholders of the Target Company are requested to note that the developments/ amendments with respect to and in connection with DPS.

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