News Announcement

Shantivijay Jewels: Post Delisting Offer

Hem Securities Limited ('Manager to the Delisting Offer') have submitted a Copy of Public Announcement ('Post Offer PA') regarding Delisting Offer to the Equity Shareholders of Shantivijay Jewels Limited ('Target Company'). This Post Offer PA is being issued by Mrs. Rajrani Godha, Mr. Pradeepkumar Godha and Mr. Anurag Godha (collectively referred to as the 'Acquirers'), members of the promoter and promoter group of the Target Company, and is in continuation of, and should be read in conjunction with, the original public announcement published on November 17, 2014 and the letter of offer dated November 17, 2014 (?Letter of Offer?). This Post Offer PA is being issued in accordance with Regulation 18 of the Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2009, as amended (?Delisting Regulations?), in respect of the proposed acquisition and voluntary delisting of fully paid-up equity shares of the Company (?Equity Shares?) from the BSE Limited (?BSE?).

Capitalised terms used but not defined in this Post Offer PA shall have the same meaning assigned to them as in the Original PA and the Letter of Offer. The Acquirers issued the Original PA, seeking to acquire, in accordance with the Delisting Regulations, and on the terms and conditions set out therein and in the Letter of Offer, up to 3,90,394 Equity Shares representing 13.00% of the paid up equity share capital of the Company from the Public Shareholders. The Public Shareholders holding Equity Shares of the Company were invited to submit Bids pursuant to a Reverse Book Building process (?RBB?) made available through the electronic system of the BSE during the Bid Period (December 01, 2014 to December 05, 2014), in accordance with the Delisting Regulations.

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