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Hitachi Home and Life Solutions (India) informs about post open offer status

04 Feb 2016

DSP Merrill Lynch (‘Manager to the Offer’) on behalf of Johnson Controls, Inc. (‘JCI’ / ‘Acquirer’), along with Hitachi Appliances, Inc., Hitachi, Ltd., JCHAC India Holdco Limited, Johnson Controls-Hitachi Air Conditioning Holding (UK) Ltd, as persons acting in concert with the Acquirer (collectively known as the ‘PACs’) has submitted to a Copy of Post Open Offer Announcement to the Shareholders of Hitachi Home and Life Solutions (India) (‘HHLI’ / ‘Target Company’) in respect of acquisition of up to 7,000,990 fully paid-up equity shares of face value of Rs 10 each representing 25.748% of fully diluted voting equity share capital of the Target Company, under the provision of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 and subsequent amendments thereto (‘SEBI (SAST) Regulations’).

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

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