Axis Capital Ltd ('Manager to the offer') has informed BSE regarding Open Offer by Coromandel International Ltd ('Acquirer?), to the equity shareholders of Liberty Phosphate Ltd (?Target Company?) to acquire 37,53,933 Equity Shares of Rs. 10/- each fully paid up (?Equity Shares?) representing 26% of the outstanding voting Equity Share Capital, at a price of Rs. 241/- per fully paid-up Equity Share (the ?Offer Price?) payable in cash (the ?Offer? or ?Open Offer?) under the SEBI (Substantial Acquisition and Takeover) Regulations, 2011 and amendments thereto (?SEBI (SAST) Regulations?), with reference letter dated January 24, 2013, February 01, 2013, February 08, 2013, May 24, 2013 and May 30, 2013 forwarding a copy of the Public Announcement, Detailed Public Statement, Draft Letter of Offer, Letter of Offer and Corrigendum to Public Announcement providing revised activity schedule respectively for the captioned Open Offer.
As informed by the Acquirer that on June 11, 2013 that Mr. M R Rajaram, who is working as Company Secretary, has resigned from the services of the Company and he is being relieved at the close of working hours on June 10, 2013. In his place, Mr. P Varadarajan has been appointed as Company Secretary and Compliance officer.
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