ZF Steering Gear (India) informs about Updates on open offer

17 Aug 2015 Evaluate

Citigroup Global Markets India (Manager to the Offer) for and on behalf of Robert Bosch GmbH (Acquirer) along with Robert Bosch Automotive Steering GmbH (Person Acting in Concert or PAC) has informed this corrigendum (Corrigendum) to the Letter of Offer dated July 31, 2015 (LOF) to the Shareholders of ZF Steering Gear (India) (Target Company) in respect of the open offer to acquire up to 23,59,058 equity shares of having a face value of Rs 10 each, representing 26% of the total equity share capital of the Target Company on a fully diluted basis as of the 10th Working Day from the Closure of the Tendering Period (Offer) pursuant to and in compliance with Regulations 4 and 5(1) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This Corrigendum should be read in continuation and in conjunction with the Public Announcement dated September 15, 2014 (PA), the Detailed Public Statement with respect to the Offer dated February 2, 2015 (DPS), the LOF and the Offer Opening Advertisement with respect to the Offer dated August 10, 2015 (Offer Opening Advertisement). The DPS and the Offer Opening Advertisement were published on February 2, 2015 and August 10, 2015, respectively. Capitalized terms used in this Corrigendum but not defined shall have the same meaning as assigned to them in the PA, DPS and LOF.

The above information is a part of company’s filings submitted to BSE.

ZF Steering Gear (I) Share Price

1509.30 -14.30 (-0.94%)
20-Dec-2024 16:59 View Price Chart
Peers
Company Name CMP
SamvardhanaMotherson 155.80
TVS Holdings 11039.50
Bosch 34574.75
UNO Minda 1051.85
Endurance Tech 2203.55
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