i, offer update_29.08... · 2021. 2. 1. · p'8ss rftue dal8d oecembef 20, 2016 ~~and...

2
Sect/119 29 August 2019 To, The Manager Listing Department, National Stock Exchange of India Ltd., [NEAPS] Exchange Plaza, 5 1 h Floor, Plot No. C/1, G Block, Bandra Kurla Complex, 1:3andra (l:.) Mumbai- 400 051 Dear Sir/Madam, Publication of the written recommendations of the To, The General Manager, Department of Corporate Services, BSE Limited [BSE Listing Centre] New Trading Ring, Rotunda Building, 1' 1 Floor, P.J. Towers, Dalal Street Fort, Mumbai- 400 001 Committee of Independent Directors of the Company on the Open Offer We enclose herewith a copy of the announcement published pursuant to Regulation 26(7) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 in the Financial Express (English- All editions), jansatta (Hindi -All editions), Arthik Lipi (Bengali, Kolkata edition) and Mumbai Lakshadeep (Marathi, Mumbai edition) on 28 August 2019 containing the written recommendations of the Committee of Independent Directors of the Company on the Open Offer made by The BOC Group Limited (Acquirer) along with Praxair, Inc. and Linde Holdings Netherlands B.V. (as persons acting in Concert) to the public shareholders of Linde India Ltd . (Target Company) for acquisition of the shares of the Com·pany at an offer price of Rs.478.40 (Rupees Four hundred seventy eight and forty paise only). You are requested to please take the same on record and disseminate this for information of shareholders and investors of the Company . This may please be treated as compliance with Regulation 26(7) of the SEBI (Substantial Acquisition of Shares and Takeovers) Reguldlior1s, 2011 diH.J dpplicable regulations of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended. Thanking you, Yours I, Asst. VIce P reside nt and Co mpany Secretary Encl.: As above Registered Office Linde India Limited Oxygen House, P43 Taralala Road Kolkala 700 088, India CIN L40200WB 1935PLC008184 Phone +91 33 6602 1600 Fax +91 33 2401 4206 cuslomercare.lg.in@linde com www.linde in

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Page 1: I, Offer update_29.08... · 2021. 2. 1. · P'8SS rftue dal8d Oecembef 20, 2016 ~~and PAC1~ItleW•ntentiontonwga,.tld'lotlhe~underfylng lnlm.adion lcr this Open Otret, …

Sect/119

29 August 2019

To, The Manager Listing Department, National Stock Exchange of India Ltd., [NEAPS] Exchange Plaza, 51

h Floor, Plot No. C/1, G Block, Bandra Kurla Complex, 1:3andra (l:.) Mumbai- 400 051

Dear Sir/Madam,

Publication of the written recommendations of the

To, The General Manager, Department of Corporate Services, BSE Limited [BSE Listing Centre] New Trading Ring, Rotunda Building, 1'1 Floor, P.J. Towers, Dalal Street Fort, Mumbai- 400 001

Committee of Independent Directors of the Company on the Open Offer

We enclose herewith a copy of the announcement published pursuant to Regulation 26(7) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 in the Financial Express (English- All editions), jansatta (Hindi -All editions), Arthik Lipi (Bengali, Kolkata edition) and Mumbai Lakshadeep (Marathi, Mumbai edition) on 28 August 2019 containing the written recommendations of the Committee of Independent Directors of the Company on the Open Offer made by The BOC Group Limited (Acquirer) along with Praxair, Inc. and Linde Holdings Netherlands B.V. (as persons acting in Concert) to the public shareholders of Linde India Ltd . (Target Company) for acquisition of the shares of the Com·pany at an offer price of Rs.478.40 (Rupees Four hundred seventy eight and forty paise only).

You are requested to please take the same on record and disseminate this for information of shareholders and investors of the Company.

This may please be treated as compliance with Regulation 26(7) of the SEBI (Substantial Acquisition of Shares and Takeovers) Reguldlior1s, 2011 diH.J dpplicable regulations of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended.

Thanking you,

Yours I, ~

Asst. VIce Preside nt and Co mpany Secretary

Encl.: As above

Registered Office Linde India Limited Oxygen House, P43 Taralala Road Kolkala 700 088, India CIN L40200WB 1935PLC008184

Phone +91 33 6602 1600 Fax +91 33 2401 4206 cuslomercare.lg.in@linde com www.linde in

Page 2: I, Offer update_29.08... · 2021. 2. 1. · P'8SS rftue dal8d Oecembef 20, 2016 ~~and PAC1~ItleW•ntentiontonwga,.tld'lotlhe~underfylng lnlm.adion lcr this Open Otret, …

WEDNESDAY, AUGUST 28, 2019

FINANCIAL EXPRESS ECONOMY 5

CCI to assess media & broadcasting sector ADITYAKALRA New Oelh~ August '21

.&l'fTTlltVST 'WAll:HOOQ. COHPfTTTTOt.4 omtnLl!lkln ll:l trUiiili~n., IQ(In:u.t an nwm Ufdi£0Jmllf7'trM1ill..md hm~leurl t11 Nrinr «• m.rura 1tw. l'q1~tldlamam!i i1rW IJ!z:nUI'Wd .and ~~ ~ur~JPI!DIIlliDLI.b:wnmi .... .,_

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wtln.:l ·\~; .. = :r: ~idiS ilQflr~ll.l' .WIY

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lndU \ IfltnniD'IIMil...:tar ~m~ht..I.IJII I Iilhltnd"""'t:JI" ~l'lf'WIIWnnd&.f~ .~(krtl\ .and •ll'illN .. .,.. w.ob - R.!Ul'EA5

LINDE INDIA LIMITED R• yl Oll•ce • ' , •

111• • I • ' ' F~~ • • • ' \',c'tl~ lc ' - , C tl ' • 1.' 1> ' ' ' " •

~alit. COfT\mltllle of r~ Dndors (1DC'l af l•nde lnd1o1 Umted ("T•rvft Company') Oll lhe Opet1 ortar (Oftwl madill b)' The BOC Group l.n.lad ("Acqufrw') along ~ ~. Inc ('PAC n and Linde HoiOngs Nttthetlands B 'J (PAC 2:'/(~ ~loas.lhe PACs'J totheP\..OIIC~ofltleTilf11el~ ~~ )puf'lUIIn!lo R~ 3(1) 4 5(1Janj ~A)I3)r:AII'W! Seo..nbesand E~ Board oiii'I<W(Subslaroba~Aa:psrtiorl ofShiH'es and Tak.ea'~rn) R~ 2011 and~ ill~ !herefo ('SEBI (SAST) Rllgubdlons)

I Dalfl

2 Natnll ol Tatge( Como,v.y (TC)

J Detall9~1h410fterpMiW'ItfllgtOTC

4 Name(!) of the MQU~ret aOO PAC wrth ,,._ 5 NaiNI of the Manager to me oller

6 ~oftheCMvnlfleeol

l~en!Dm:Jctors

7 IDC Members relaticlrlMop Wllh !fll!l TC (Diredor. Eqluty ~ O*Tled any othet'Oll'l~lreiabonshrp) 1fany

8 T~iog•ntheE~shaftls.·ott'oef'

wo..rr~ of the TC try- IDC Members

9 IOC ~ s retabonship Wl1h lhe <K:q~Jif9f tOirectcr EqlMy share-s o.med anyoG'!el'cxrrtracll~)cf¥T'i

10 Tr.lding •n !toe Eqwty shares.'other ~lollS ol !7't1 acqurrer by IOC -11 R~011the()penotfer it! lo .tlelhef tne ofler ,, faJr and

"'""""""'

12 &.rmary of rea!IGI"'$101' ---

~172019

U'de lod.al..Jmtt8d

This Offer rS being made pursuanllo Ragu~sl(IJ 4, 5(1) and 5(A)(3) of rne SEBI rSAST) Rt¥>18bons !of itCX!IAilto'l r:A upto 1.13 21 056 Equty ~ of race vMJe f lf)!. each ~ 25 .... crt the VOOnQ Share Cap\al of tt'oe Tsget ComparTy 31. .. pnce oft' 478 40 ron.r Pric. l

The 90C Group L.mited (Acqv!fer) Prao..!lr.lnc (PAC!) lrde 1-fobngs Ne!hertands B V (PAC 2)

ICICl Secumtes Umrled

Yr Jyaon Metlla [DIN No 00033518] C~n of the IOC

MrAn.riBaL!kn'5tlnan{DIN~ 00130241]

Ot .5f'lalino Sam [OIN No 06604529]

All trw IOC Memben are dut)' .JPP0111Ied ~ duectors ol TC None of !he ir>depef'denl dlrectan tod any s.haJas 1n the TC

~~~~-or:~ (•I HaveilriVretatu'IWIItllheTCs~<k~ ¥ld

(u) Havo o1ny oontrnc:ifi.rol;:ltlonsh"' Mlh 1t1o TC 00\of 1t1an ,..., ti"M:l~r OtlpOCJty M

•i'deperdent ~~

NIY'Ifl ol the Member-5 of IDC l'>il'"..e traded 1n ar>f of the eqU!t)' '5haf8s I ~r seo.mt~o~~s d. IN Ta~ ~ydl..nng .ill) Ike 12monms penod pteced>foq!hed<Jiaripubk ~and b) lrom':hedaleofpubloe~ttlllt.edatar:lflh.s

'~ Not>eofrneiOC~

••I) noid t¥1Y shants ~J~illhet sea61bes of !he Acqunr .illlld ~ PACs ar>d

haw any c.ontrad!ol~.p ""'"Acqucfet' .iiiOd 1t1e PACs

None of IDC ~ ~ 6'VW ~ •n the shales.lo!her ioeQ.Wlt'8'5 al ~1r81" arodlhaPACt.

The IOC ISOfrhe opiniori£Mt Lhe OfhlrPnceoff478.40as oft'ered by lhe~.UI'l!l'

1 It :o 8CCOf11ar'oc;e ......, the regulabons pres.cnbecl IPldef !toe SEBI (SASTJ ... .,_,...,., 2 AweaA to be Pau and reasonable

HowtJVel". lhe L0C t1a ~ lr\al. lhe po.hk shanih::llden ol t1W TC VvJuld ~............ .... ~ w.s bib lltl ~~

~fO--~Ofter IOCI\8'5~

a) TheF"'.bbic~{"'M")d<*dOdob&f24 2018

b) TheCli!mledP'li*: .......... f"OPS1'*"'"'--~ t ... ~10 2018 c) The Ofafl L..U. ol Oft'er t1JLGr) dnBd Fetwary 01 2019 and

d) TheL~afOifar("LOF")daiMIAugusl 24 2019

IDC tr..t....~~....,.,tr.~ ,..,.;ttgh~

t•l For .ill pei1Cd or 12 caAend¥ rnot1ths tie a periOd of Oeoember 1 2015 rc ~I 2016, boCh ciays ~~ pnK8dlng the~~ of the P'8SS rftue dal8d Oecembef 20, 2016 ~~and PAC1~ItleW•ntentiontonwga,.tld'lotlhe~underfylng

lnlm.adion lcr this Open Otret, 1he equly lharm al the TC were ~ lraded m terms of SEBI (SASn Regw.n; !n sud'l cases SEBI (SASTJ ~ t8QUn~lhe~IPACIMidlhe Managai"IDrheCMieriDdelem'llne lheohrpnc.ern-=c:crdanoeW!Ch~~31 8(4) .-'ld3(12)oflheSEBl iSASn ~ In tills t<JM , the basK: oll'er price was datemwled to be t 276 09 (Rupee~ Tllli'O ntnhd and SeYw1fy Su and Pa.u nne orly) pet~ sh.illnl, 4'1 ~wilt! the va1ua11on '1!p011.~ by Ernst and Your.; Mefdwll BarWng Setvices P'\1'1 ltd (an~ SEBI1'1J91Sterad rnard'larrl bailket)dllted 16 Odobef 2018 1'1 oomplianoe W1tl'l Rf9Mbon 8(18)~ !he SEBI I~] ~ ~. SEBI appoonled CNK ~ ~ U.P. ~~ .. .,~~~WOII!wt'~ thelairpnc:~~~olthBeq~..~~l)oY'Iai'Moll.rldelndlaU:d forlhepwf.l0'5oeoflha Openotrar Asperh~afSEBI CNK&~U.Phave...tethelr vafuatclnr8C)Qf1CialedA1.9JSt6 2019~'CNKV'i11Uabor1R~J~Ihe law pr1C8 af per llqUity shin oll.-de India llld 31 t 376 OJ ~Rupees Three Hundred and Seooenty Si>t.illtld Pa.se Saty ltw1MI onto,).s on Deoeorrber 20 2016 SEBI '.'Ide rt'slet!BrdaledAug!AI1-4 2019 Mel oii:Sked !heAI::quQI' and PACs 10 rt"Vae !he Offer Pnce lo f J76 6J and addnq ontere!t ~per Regulai.IQ'l 8(12) Mid Regulabon SAI:Jj of SEBI (SASTl ~

(n) The~ boDe Ollar Pnal al t 37663 as~ ha!. bean~ Xl t 478 .to {Rupees Four Huodrad Sewrnty E.;.t atd Paise Forty onlyJ a a mull afrndu5100off 101 n tiJW8fd1.1:clalootarestbr:nepero:~otdelay COlT'I)I"'$$ng

(.ill) ll"llefe5t <WT10Uflbng 1o t 71 10 (Rup&fi Svver.ty One and Piirs8 Ten only) per Equity SNre ~ al the ra:llil of 10'110 0811 pen:enl) pel' annum klt [he penod between Decembe-r 20 2016 and the data cJ tMJblciltiorl of !he DPS 'fl lem\s of~8(12)oiSEBitSAST)~tiOI'IS onbasoc ()periOfllofpnceof lNR ll'lltlllhdllfll~....,._~r:o )Otl ,~Thlftyand PiiEse Saty Seven onty) 1)81' Eqlllt)' Share c:ompJted at !he 1111ta of 10'We (len per cen1) pel" ar.fiU!Tt b the penod behlrean .J.anu.ary 24 2019 .illf'ld the tW'IMd (lii!B or~ al~tro the PubllcSN~r:AUnde !rdal!d ' e <>dob8r 1, S. 1Q .., .,.,.,.. d~ Jj ~-- ISESII (SAST) ReguiabOnS

i,.l Hel'loe, !he fnal Otref Pnoe ~ f 47840 ~~Four~ Seventy 8gt11 .-ldP!Ii'SeFortycrit)

4ri) CNK & ~ ll.P. Owta-vd ~ 11'1 liS l"'llppJ1 dated Augusl 6, 2019 has adopWd the ~ vak.labcl'l ~ for amving at tnefawpnceoftheequotyiharesandeactlofthem&lhod5""8t'tt(]MWl equal

Nfl~ 4a) ~ ~ Ml.ibple ~~ CorrvanY Method - EV!EBITDA mollples of~ compani8S and (b) Oosoout1\ad CaY! Flows 4DCF) rr>elhod Basad Oll the r&VleW ~the PA.. OPS, l~ of Ofler and CNK Yaluallon R8port andkeep~ng!n~lheabc:Ne~.lheiDC•solthe~tNJ:ItnehnaiO!JIIf

f'lo'b ortt'JJI:CJIW'ao!JIJ"J' N~ .... ,-Prr.Ca,. f ... ..,.,~ .IV " "' ~• .-m b ~Uil ~SASn R.,....oomo Howe~w the public s.haf'~ofltleTCar&advosedlo ~INaluatetheotfefpr.ceal'ld

lake..., onfonT>ed d~s.on beb6 'jot)~ to !t>e Open oner 1J Oelalfsofl~tAd'l'1~ •'Mlv None

14 Arr'jcrthet!'1"131Je11.s)tobeh•gnughted ~

To D'le best al our VlooMedqe .!nd be41ef afTer mak.og proper enquvy. ~ mbmahon contar.ed 11 ar iiiXLlmpC!I"''fWl(J \i'lrs :slall!mefll rs naJmalenaJr~ trueil('f'jcOfTKtandrx>~~rlg ....n.ett.eftlfiYT'~o!any robrnatlO"'DI'~ dnd ndudes~:Y.e ,,formatr::on requ;red 10 tlf! drsdused b)' I~ TC ·..M'C:Iet' 'hf! Ta~~ C~

Ptae• : Mumbal one ~tn. zo19

For and on behalf' af tho CommiltM tJI )ndependltnt ~ofUN:ilotndlJit..tl.l.

Sdl-

·"· ...

1Jenimi'botel worth U50cr Gurg::wn ~been atuched by Kuldeep Bishnoi and his has issued an orderfora.tUch· of Cong leader atbdled: A Lhe income.Ll.J: department, brotlu!r,offictalss;udon Tue· mentoflhehotelpruperty,iden-n,Oaoreworthf'M.-SW~ ronsideringita.so;~~'a.ssel day.Theysaidthedepa.rtmenl's tified ~Bristol hotel in DLF in., prime business space of of H.oll.l"f'lll'' Cortgn!SS le.der Delh.i·tJ..sedanti·ben.olllTI..i unil ph.a.se-1 -PTI

CORRIGEt~DUr.1 TO THE DETAILED PUBLIC STATH1EfH DATED UOVEMBER 08 2018 WITH RESPECT TO THE OPEfl OFFER TO THE PUBLIC SHAREHOLDERS OF

LINDE INDIA LIMITED Aegd O!l1cc O~yGen Hou:.c P..l3 T~ntJIJ Road Kolka Ia Wcsl Bcn~<1! 701JO<lS

Tel ·91 J3 G"02 1€01 F~ • ·91 JJ 2-101 ..1205 \'.'cOSile \,v, .1. I 11c..IC Ul

OPEN OFFEf' FOR:ACOUr51T10N Of UP TO :Z.Ia,2t ;l)55 FULL'Y.'PAID UPECIUJfY SHARIES OF F'.ACE. \1-.J..UEOF (NR JO UCH l OFF(fl SHA.REft'1, FROI.l THE Plr8UC SH.AAEH.OIJ)E R9 OfcUHOE INOfA UNREO f"TARGET CONPAHY BY fHE BOC aROUP UWtT£0 r A.COYIRER1 TOGETH'EA WTTH PAAXAJR. INC. ("PAC 1-) •ND UNOE ttDlD~JiG9 ~Tl116Rl...AHDS U,V, f ' PAC Il l PAC 1 AND PAC 2 ARE COUEC11VELV A8YIUIED 'Tt) AS "'P.AC•1 Vt THEIR C:APAQTY AS PERSONS AC'TiiMO IN CONCERT WITH lMI! •COU1AE.9 PURSUANT TO AND Woj CO.LIPUAHCI! wttH REGULATlOHS 3(1), 4, AND 5(1) OF THE SECURmES AND EXCHANGE BOARD OF INDIA (SUBSTANTlAL ACQULSmON OF SHARES AND TAKEOVERS) REGULATIONS. 2011 AND SUBSEQUENT AMENDMENTS ntERETO (-SAST REGUL.ATIONSr) AT AN OFFER PRICE OF INA 478.40 PER EQUrTYSHARE roFFERIOPEN OFFER-)

rt"S Corngendom ,s be•ng •ss.ued try ICICI Secun1oes Umi!ed lhe Manager lo 111e Offer \'Manager"\ for ar,d 0<1 behalf of •.he AcqUiref and me PACs •n respect of !he Otter to !he pob&IC shareholders of lhe Targe1 Company pursuant !o revisiof'lg,. amendments ,n \he schedu~ of adlYlhes relalmg to IN! Ot!er

Th•S corngeodum si\Ould t>e read •n conl•nuahan ~I and n COtiJUncl•on w•lh 1he Oela•lec:l Pubilc Stalement c:laled NovM'ber 08 2018 ("''PS'J un:es.s olherwTse !>p9Clried

Ttws CotT'Igendum IS belny :ssued pur&uan1 !o cha~amendmerrts :n the Scnedule of matof actrv•bes rela.t•nQ Ia !he Otler made lfl me Dran Let1er o1 Of1er '11 terms of the SEE" iet!er beating r!!lerence no SEBI HO'CFDIDCA1 QW,Pi2019.' 20907'1 dated August 14 2019 conveymg commerrl!. oo the Draft Lenar oJ Ot1'er 1ated February 01 2019 t'DLOO'l

ThiS Corngendum •S being •ssued ;n all the newspapers 1n Jrllld'l the OPS was pubh:shed

~ terms used bu1 nol defined ;n this Corr'l9flndum shall have the same mean•nQ a~ lo such lemtS •n the ~ L~~Nr ot otltw wr~a .. 01~ o.tlftMI.

1 Upw•rd rwvi1lan In Itt. Off•r Prlee: Pursuant to SEB1 s ?bseNatlon letter daled Au~ 14 2019 the Acqu1rer and PACs have decided to ntVtSe the otter pnce upwards from INA 328 21 to INA 478 .W per eq1.11ty $hare ('Ott.r Price") con~st•ng of INA 376 63 I Rupees Three Hundred and Seventy SUI and S.Ity Three P8158J pef EQUity Shar8 plus 1nle~ ~ a.l !toe 1ate of tan per cenl per annum !Of tne penod between December 20 2016 and lhe date of putmcation or lt!e OPS •n lerms ol AogulatiOll 8(12) of SEBI (SAST) Rogulal•ons bo•ng INA 71 10 (Aup~H~s. Sovonlv Ono and. Ten PillM) por Equity Shant plus •ntares1 compounded at lhe rata of ten per cen1 per annum 1n lerms of Regulallon 5A (J) ol the SAST Regu&ations, being INA JO 67 (Rupees Thtrty af\d S«ty Seven PiliSel pet EQUity Share

2. Flnanel•l Arrangem•nla: (a) Based 011 !:he nmsed Otter Pnce lhe maunom conslderabon payable under this Otter (a.sswrunq lull ac.:ceplance)

at the Ofi'IN Prce of INA 47840 per Equtly Share Wlf1 be INA 10,199993,19040 (Rupees One Thousanc:l and Noneteen Crores Nrnety Nine Lakhs Ninety Three Thousand One Huodn!d and Ninety and Forty PaiSe) I e the COI\SideraiJon payable lor CM:qU~Sition of 2, 13 21 056 Equtty Shares a1 the Ofl'er Price

(e) Putsuanl to Regulabon 17{2) of the SAST R~tJons 1n case of upward rBYTSJOO of !he offer pnce, the value of lhe Escrow Account r5 reqwred to be c.alct.Jiated for lhe rlt'lrsed offer pnce and !he addthona.J amourn 1s 1'8QU1fed to be broi4Jt IIlio the Escrow Aa:;ourn pnor to e4'fecmg such I1MSIOI'1 ~ • .n light of revtSion of the Offer Pnce !he Acq,.~•rer .:md PACs nave depoSited a.n aggregale amount of INA 10,19 99 932 in the Escrow Accounl "SSCG UNOE INDIA OPEN OFFER ESCROW ACCOUNT 2018"' Yl1">ich ,g mora than 1..., (one perc.en1) of me Max•mum GO!lSidefation logether W11h an utlCOOdtlonal and •rrevocable bank guarantee from Bank of Anwlnca N A acting througt'l ~~ branch offiCe at Salarpuria W~. 5" Floor 8-Wrng. No J Ulsoor Road, Bengaluru·560042 enl".anced lo INA 1 66 fJO 22 863 1n laYOUf ol ICICI Secunries L.nuted (being Manager lo the Otter) Together the corroblned value IS •n compl&ance With Regulations 17(3)(b) and 17(1) oflhe SEBl ~SAST) Regulations

l. The Publle Shareholdln are requ .. led to kindly nole th• lonowlng rnl•lanal•m•ndm•nll In lhe •ehedultl al m•Jar •ellvtll•• relating lo lh• Otfar:

3 I The revised scheduk! ol ac1ivl6es pertaimng 10 lhs Otter IS set oul beKM':

_., ~~~·&... ~.:=t Dale of the Pubfoc Announcemef't

Dale of publicatiOn of the Detall~d Pl.lblic Stateme-nt eocapsula11ng lfllentlon to dei!St undef rvgulaDOrl SA (3) ol 1t1e SEBI (SAST) Reg~Aalions •n the newspapers

Last date for OOIT'(J8IWig offer

Pubbc announcement of rallur!! oJ !he OeriSbog Oflef and update on the Open Offer

Date of Comgendum kl Announcemenl Of lailunt ol !he Dehstrng Offft' Mid Update on the Open Otfet

Open1ng of w1thdrawat penod lor Public Shareholders to wnhdr.rw the Equrty Shant& tendered ., rh8 Oelistlng OHer

Mting of the OrBit Letter of QIJer With SEBl

Clo!ture of w11hdrawal penod lor Publ1c Shan~hokfers lo wi1hdr.rw the Equity Sf'\ares !endered 111 lhe [)ellstJnQ Otter

Dale of appointment of New Independent Valuer (as demed heteinafter) by SEBI

Last date for" SEB1 obsetvabonS on the Drefl Let1er of Qner (11'1 the own~ s~ 1\a.s not !iiOI.qrt darifrabons Of

addsbonal mkwmatJon from !:he Manager)

Identified Date'

Last date by whdl !he Lener of Oltef IS I'8Ql.ad to be dlspak:hed to the Pubic Shar&holdeni

last date by -.hid'! the CommiTtee af the Independent Directors~ the Company shalt !JM! 115 ~ Ia l'he P\.CIIIc ~of the Company ror !he Opetl Otter

Dale of publicallon or adverlisemenl contaln1ng announcement ot the 5Chedu6e of aaivltles of the Open Ofl'er, sl.alus ol staiUtory and other awmvals. If lm'f and procedures !01 lendemg acceptance io the newspaper where lhe DPS was published ~ nolif"'c.abon to SE.BI lhe Stock ExChanges. and the Target Company al •!3 regislered othce

La.SI date for upward rev1&10n or the oner pnceJoHer SLZe of !he Open Olt&l

Dale of commencemenl of lendenng period (Open Olh!r ~ngdatal

Date of e1.pry of tendenng penod ~Open Offer dosing dale)

~ day ol payment !o the PubliC &laraholders whose Equity Shales have been accepted 11"1 !he Open Otfef

l..aSI dale tor poblieabol'l of posi.Qpen Oflel announeemenl ilnd submission of the final repor1 With SEBI

Fnday, November 09, 201B

TultSday, December 04 2019

Fnday. January 25, 2019

Tuesday January 29 2019

W~e&day, January lO, 2019

Fnday, February 1, 2019

Tuesday February 12, 2019

Monday, Februaly 25, 2019

Wednesday, February 27, 2019

Thursday, Mard'l 7. 2019

Tuesday. Mardl 12, 2019

Wednesday, Matd'l13, 2019

WeGlesday March 13, 2019

Thursday Mard114 2019

Thufsday, Mard1 2B 20 19

Thursday Apnl 11 2019

Thursday, Apof 18 2019

WednHday OctOOef 24 2019

Friday, November 09 2018

Tuesday, December 04, 2018

Fnday, January 25 2019

Tuesday, January 29. 2019

Wednesd.y. January 30 20 I 9

Fnday, February I. 2019

Tuesday February 12. 2019

Fnday, May 3t, 2019

Wedrresday. AlqJSI: 14 2019""

Monday, August 19, 2019 -· AuglS 26, 2019

ThUI5da.y. Augusl 29 2019

Fnday A14J$t 30, 2019

Fnday A~ 30 2019

Tue.sday, September 3 2019

Tuesday. September 17, 2019

Tuesday October 1, 2019

Thursday, October 1 0 20 19

"DIJtfl faiiJng on 1t1e rCT Worllmg Day pnor fD the commencemet1l of rhe Tendering P&nod The ldenfrfHid Date IS onfy tor the purpose o1 defs~ the PtJbliC SharehOidsts a.s oo such dam ra whom ttus Letler of Ofrer would be sent AJJ !he Pubbc Shareholdets (1'8g1Sl81"fld or unmgiSirKfKJ) ol rhe Eqwty Shares of the Taf961 Company am ~ ro parOOpafe 1n rhls Oft9r .il a~~~ flm6 pna to the cJosvre al th6 Tendermg Penod

"'ActuBJ ctate of reaHPt ol comments from SEBI

Thtt above aatss ~r ttuJy appear •n the DPS shOuJd be rNd 30COifbngty

4. Olh., lnformellon: 4 1 AJt other terms and conditions ol the Offer as set out •n tne DPS ntmalfl unehanged

.t 2 The Acqu;rer and PA.Cs aecept hJN ~ for !he >ntormatJon conta.1ned 1n thiS Comgeodum !a \he OPS and also the obfigallorts of the l\c:qulral and PACs as laid doM'IIfl the SAST Regula.t>ons and subsequent atneromerlt.s th&reol

4 3 This Comgerdum to !he OPS 'Mil also be ava~l.able on SEBl s webslle a1 www sebl gov 11"1

MANAGER TO THE OFFER

ICICI SECURmES UUITED '!l.e:BI R19M No.: 1NM000011179

ICICI Ceolre H T Parektl "'~11 OYmt'"JJA~ MurrOal • 400020 Mahara.shlra !~ t'•L.: • I !:!' ~ i&!IO F..:.e ~il 22 2282 6!.aO EmaiiiD: IJnde openofferOIOCI!oeCUntll!s com

Conrad Penon: Mr Rosnr TIWan Mr Anurag Byas

BOC GROUP UMJTED

luued lor and on behllf ar the Acqulntr and PAC1

PRAXAIR,INC. UNDE HOL..J»NlS NETltERL.ANDS B.V.

Ha\o'enslraal 1 ] 1 1 SHC Scl'l.edam NetherlandS

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