Maharaja Shree Umaid Mills: Post Delisting Offer

VC Corporate Advisors Pvt Ltd ('Manager to the Delisting Offer') on behalf of Placid Limited (?Acquirer?) has informed this Post Offer Public Announcement ('Post Offer PA') to the Equity Shareholders of Maharaja Shree Umaid Mills Limited ('Target Company'), in respect of voluntary delisting of fully paid-up equity shares of the Company from the BSE Ltd (?BSE?) and The Calcutta Stock Exchange Ltd (?CSE?). This Post Offer PA is in continuation of, and should be read in conjunction with, the Public Announcement (?PA') dated November 28, 2014 and the Offer Letter dated December 01, 2014 (?Offer Letter?).

The Acquirer issued the PA to the Public Shareholders of the Company to acquire all outstanding equity shares of the Company currently held by them being 65,28,600 (?Offer Shares?) fully paid-up equity shares of face value of Rs. 10/- each, representing 25.19% of the fully paid-up equity and voting share capital of the Company, at a floor price of Rs. 65/- per equity share in accordance with the provisions of the Delisting Regulations and on terms and subject to the conditions set out therein and in the PA and the Offer Letter. The Public Shareholders holding equity shares of the Company were invited to submit Bids pursuant to the Reverse Book Building Process (?RBB Process?) made available through the electronic system of the BSE Limited (?BSE?), in accordance with the Delisting Regulations. The Offer opened on December 19, 2014 and closed on December 26, 2014. This Post Offer PA is being issued to announce the results of the Delisting Offer.