Panasonic Appliances - Delisting - Bids -16/2/15 to 23/2/15

Panasonic Corporation ("Acquirer") is making a delisting offer to the Public Shareholders of Panasonic Appliances India Company Limited (“Company”) to acquire up to 2,534,894 Equity Shares from the Public Shareholders, in accordance with the SEBI (Delisting of Equity Shares) Regulations 2009, and proposes to delist the Equity Shares of the Company from the Stock Exchanges (referred to as the "Delisting Offer").

Bid Period for tendering the Equity Shares shall commence on February 16, 2015 and shall close on February 23, 2015.

Floor price for the Delisting is Rs. 167.65 per share and the indicative price is Rs. 220 per share. For further details, please refer the Bid Letter

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http://www.rareindianshares.info/2015/01/panasonic-appliances-delisting.html

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General Warning : Investment in Shares Can be Injurious to Your  WEALTH

Caution :The blog writer has personal/ family members' holdings in this company , so please make suitable "provisions " for likely over optimism

( NB : All information given in good faith. Please recheck all facts including this information . No responsibility taken by this author / blog . )

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