*Open offer – Adani Gas Limited*
Open offer for acquisition of up to 27,71,46,602 (Twenty Seven Crore Seventy One Lakhs Forty Six Thousand Six Hundred and Two) fully paid up equity shares having a face value of Re. 1 (Rupee One) each (“Equity Share”) of Adani Gas Limited (“Target Company”) representing 25.2% (Twenty Five point Two per cent) of the Voting Share Capital (as defined below) from the Public Shareholders (as defined below) of the Target Company by TOTAL HOLDINGS SAS (“Acquirer”) with an intention to acquire control of the Target Company pursuant to and in compliance with Regulations 3(1) and 4 read with Regulations 13(1) and 15(1) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as amended (the “SEBI SAST Regulations” and reference to a particular “Regulation” shall mean the particular regulation of the SEBI SAST Regulations), (the “Open Offer”).
CMP: Rs.153.95
Market Cap: Rs 16931.58 crore
Offer Price: 149.63
Offer Size: 27,71,46,602 Equity Shares (“Offer Shares”), representing 25.2% of the Voting Share Capital
probability of Acceptance Ratio: 100%.