Hi CB,

What does this mean for shareholders of NAHAR INVESTMENTS? I hhave 500 [email protected]
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Nahar Poly - Open Offer20 Sep 2010 12:52:02
Source: BSE India

Sobhagya Capital Options Ltd ('Manager to the Offer') for and on behalf of Nahar Spinning Mills Ltd ('Acquirer') has issued this Public Announcement ('PA') to the shareholders of Nahar Poly Films Ltd (formerly known as Nahar Investments and Holding Ltd) ('Target Company'), pursuant to and in compliance with, amongst others, Regulation 11(2A) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997 and subsequent amendments thereto ('SEBI (SAST) Regulations' or 'Regulations').

The Offer:

The Acquirer is making an Open Offer ('Offer' or 'Open Offer') to the shareholders of the Target Company to acquire up to 24,37,251 fully paid up equity shares of Rs. 5/- each of the Target ('Shares'), representing 9.91% of the total paid-up equity share capital of the Target as on the date of this PA. The Offer is being made at a price of Rs. 40/- (Rupees Forty Only) for each Share ('Offer Price'), to be paid in cash, in accordance with the provisions of the Regulations and subject to the terms and conditions mentioned in this PA and the terms and conditions that will be set out in the Letter of Offer in relation to the Offer ('Letter of Offer').

Schedule of Activities:

Specified Date - October 08, 2010

Date of Opening of the Offer - November 08, 2010

Date of Closing of the Offer - November 27, 2010

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whether any news on nirma of delisting or something? any news on panancea biotech to launch h1n1 vaccine can i enter panacea?

Hi Raj, India bulls real estate and CIPLA look good, they can add 5-6% in a weeks time

Hi anivesh, GAIL above 495, looks strong technically, continue to hold it for some more time, dont avg Pantaloon yet, lets wait for some time, regarding NAHAR INVESTMENTS it means that, Nahar Spinning has acquired Nahar Investments and Holding Ltd, at a open offer of 40rs, by acquiring 9.91% of total shares

Hi sharad, fine, hope you doing well too, Sesagoa faces strong resistance at 360, enter it above 360 for a target of 395-400

Hi Gitanjali, strong support at6080 on Nifty, lets wait to see how Markets to open tomorrow

Hi sharad, hold Kalindee and TWL for another 3-4 months time, they can add 35-40%, dont enter Hind Rectifiers Ltd yet, wait for a dip in it

Hi RK.Murugesan, no, dont enter them yet

Hi swetang, you may buy some of Indiabulls Real if Markets shows some recovery in the coming days

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Hi ramsingh, its a operator driven stocks, avoid it

Hi aakasdeep, please let me know its Nse/bse code

Hi smile, dont enter them, since Markets are seeing some profit booking, wait for 2-3 days time

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Hi vin, no, dont enter it yet

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Hi sachin, they are a hold as of now, dont make fresh investments in them yet

Hi CB, can i enter into berger paing at CMP.

sir pliz guide me on pantaloon can it see 550 in one weak?

hi guruji i have taken shree ganesh jewel on 8th with ur suggestion is there any chance to upward moment i can wait for 1 month

shoud i buy more pantaloon @ cmp with 498 s/l