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Public Announcement -PDF - Securities and Exchange Board of India

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Acknowledgement / Plain paper application submitted <strong>and</strong> the<br />

Acknowledgement slip. In case <strong>of</strong> non receipt <strong>of</strong> Form <strong>of</strong> Withdrawal, the<br />

withdrawal option can be exercised by making an application on plain paper<br />

along with the following details:<br />

11.2.1 In case <strong>of</strong> physical shares: name, address, distinctive numbers, folio<br />

number, share certificate number, number <strong>of</strong> shares tendered, date<br />

<strong>of</strong> tendering the shares.<br />

11.2.2 In case <strong>of</strong> dematerialized shares: name, address, number <strong>of</strong> shares<br />

tendered, DP name, DP ID, date <strong>of</strong> tendering the shares,<br />

beneficiary account number <strong>and</strong> a photocopy <strong>of</strong> the delivery<br />

instructions in “<strong>of</strong>f market” mode or counterfoil <strong>of</strong> the <strong>of</strong> the<br />

delivery instruction in “<strong>of</strong>f market” mode, duly acknowledged by<br />

the DP, in favour <strong>of</strong> the <strong>of</strong> “Corporate Strategic Allianz Private<br />

Limited – Takeover <strong>of</strong> – Asian Independent Network Limited-<br />

Escrow Account ”.<br />

11.3 The withdrawal <strong>of</strong> Shares will be available only for the Share certificates /<br />

Shares that have been received by the Manager to the Offer or credited to<br />

the Special Depository Escrow Account.<br />

11.4 The intimation <strong>of</strong> returned shares to the Shareholders will be sent at the<br />

address as per the records <strong>of</strong> TC/Depository as the case may be.<br />

11.5 If there is any upward revision in the Offer Price (in terms <strong>of</strong> Regulation 26)<br />

by the Acquirer till the last day <strong>of</strong> revision, viz., at any time upto seven<br />

working days prior to the date <strong>of</strong> Closure <strong>of</strong> the Offer i.e. upto 23/06/2008,<br />

the same would be informed by way <strong>of</strong> <strong>Public</strong> <strong>Announcement</strong> in the same<br />

newspapers where original <strong>Public</strong> <strong>Announcement</strong> had appeared. Such<br />

revised <strong>of</strong>fer price would be payable to all the shareholders who tender<br />

their shares in the Offer.<br />

11.6 “If there is competitive bid:<br />

11.6.1 The public <strong>of</strong>fers under all the subsisting bids shall close on<br />

the same date.<br />

11.6.2 As the <strong>of</strong>fer price can not be revised during 7 working days<br />

prior to the closing date <strong>of</strong> the <strong>of</strong>fers / bids, it would, therefore,<br />

be in the interest <strong>of</strong> shareholders to wait till the<br />

commencement <strong>of</strong> that period to know the final <strong>of</strong>fer price <strong>of</strong><br />

each bid <strong>and</strong> tender their acceptance accordingly”<br />

11.7. Based on the information available from the Acquirer, PACs <strong>and</strong> the Target<br />

Company that they have not been prohibited by SEBI from dealing in<br />

securities, in terms <strong>of</strong> direction issued U/s 11B <strong>of</strong> SEBI Act, 1992 or under<br />

any other Regulation under the SEBI Act, 1992.<br />

11.8. Pursuant to the Regulation 13 <strong>of</strong> SEBI (SAST) Regulations, 1997, the<br />

Acquirer has appointed M/s Corporate Strategic Allianz Private Limited<br />

as Manager to the Offer.<br />

11.9. The <strong>Public</strong> <strong>Announcement</strong> would also be available at SEBI’s website,<br />

www.sebi.gov.in.

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