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SBI Capital Markets informs about updates on open offer

01 Oct 2015 Evaluate

SBI Capital Markets (‘Manager to the Open Offer’) has submitted a Copy of Public Announcement regarding Open Offer for acquisition of up to 2,26,512 equity shares of Tide Water Oil Company (India) Limited (‘Target Company’), from the Shareholders (as defined below) of the Target Company by Standard Greases and Specialities. (‘Acquirer’) together with Janus Consolidated Finance Pvt. Ltd. (‘PAC 1’ / ‘Janus’), Alpha TC Holdings Pte Ltd. (‘PAC 2’ / ‘Alpha’) and Tata Capital Growth Fund  I (‘PAC 3’ / ‘TCGF’), (collectively the ‘PAC’) as the persons acting in concert with the Acquirer (‘Offer’ / ‘Open Offer’).

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

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