Axis Capital (Manager to the Buy back) has submitted a Copy of Public Announcement (the ‘Public Announcement’) to the Equity Shareholders / beneficial owners of Equity Shares of Clariant Chemicals (India) Ltd (‘Target Company’) for buy back of Equity Shares through Tender Offer. This PA is being made pursuant to the provisions of Regulation 8(1) of the Securities and Exchange Board of India (Buy Back of Securities) Regulations, 1998, as amended (the Buy Back Regulations) and contains the disclosures as specified in Part A of Schedule II to the Buy Back Regulations. Offer for buyback of up to 35,78,947 fully paid up Equity Shares of face value of Rs 10 each at a price of Rs 950 per fully paid up equity share on a proportionate basis through the Tender Offer Process.
The above information is a part of company’s filings submitted to BSE.
