Mr T N Sridharan, Mr T N Desikan, Mr T N Kothan Dapani Mr T N Soundararajan and Mr Kumar K Swamy (Acquirers) have announced the proposed acquisition of 9,88,050 fully paid-up equity shares of face value of Rs.10/- constituting 28.14% of shareholding of K. Dhandapani & Company Ltd pursuant to the SEBI (Delisting of Securities) Guidelines 2003, through the Reverse Book Building mechanism of the Exchange.
A floor price of Rs.40/- per share has been fixed as per the Guidelines.
The shares of the Company are currently listed on BSE and MSE.
Date of Opening of the Offer |
October 5, 2009 |
Last date for the Offer |
October 8, 2009 |
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