Sl. No.

Particulars

1.

Name of the Target Company (TC)

2.

Name of the acquirer(s)

3.

Whether the acquirer(s) is/ are promoters of the TC prior to the transaction. If not, nature of relationship or association with the TC or its promoters

4.

Details of the proposed acquisition

a.

Name of the person(s) from whom shares are to be acquired

b.

Proposed date of acquisition

c.

Number of shares to be acquired from each person mentioned in 4(a) above

d.

Total shares to be acquired as % of share capital of TC

e.

Price at which shares are proposed to be acquired

f.

Rationale, if any, for the proposed transfer

5.

Relevant sub-clause of regulation 10(1)(a) under which the acquirer is exempted from making open offer

6.

If, frequently traded, volume weighted average market price for a period of 60 trading days preceding the date of issuance of this notice as traded on the stock exchange where the maximum volume of trading in the shares of the TC are recorded during such period.

7.

If in-frequently traded, the price as determined in terms of clause (e) of sub-regulation (2) of regulation 8.

8.

Declaration by the acquirer, that the acquisition price would not be higher by more than 25% of the price computed in point 6 or point 7 as applicable.

9.

Declaration by the acquirer, that the transferor and transferee have complied / will comply with applicable disclosure requirements in Chapter V of the Takeover Regulations, 2011 (corresponding provisions of the repealed Takeover Regulations 1997)

10.

Declaration by the acquirer that all the conditions specified under regulation 10(1)(a) with respect to exemptions has been duly complied with.

b

Seller (s)

Before the proposed transaction

After the proposed transaction

No. of shares / voting rights

% w.r.t total share capital of TC

Place:
Date:

Signature of the Acquirer / Authorised Signatory