POST OFFER ADVERTISEMENT UNDER REGULATION 18 (12) IN … · Advertisement under Regulation 18(12)...

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3 _w§~B© bjXrn ~wYdma, {X. 15 Owb¡ 2020 POST OFFER ADVERTISEMENT TO THE POST OFFER ADVERTISEMENT TO THE POST OFFER ADVERTISEMENT TO THE POST OFFER ADVERTISEMENT TO THE POST OFFER ADVERTISEMENT TO THE SHAREHOLDERS OF SHAREHOLDERS OF SHAREHOLDERS OF SHAREHOLDERS OF SHAREHOLDERS OF TITAN SECURITIES LIMITED TITAN SECURITIES LIMITED TITAN SECURITIES LIMITED TITAN SECURITIES LIMITED TITAN SECURITIES LIMITED (Registered Office: - A-2/3 Third Floor, Lusa Tower Azadpur Commercial Complex Delhi-110033) Advertisement under Regulation 18(12) in terms of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This Advertisement is being issued by D & A Financial Services (P) Limited (the "Manager to the Offer"), for and on behalf of Mrs. Manju Singla, Mr. Udit Singla, Ms. Supriya Singla, Mr. Raja Singla, Mr. Shivom Singla, M/s Connoisseur Management Services (P) Limited and M/s Tanita Leasing & Finance Limited (hereinafter collectively referred to as "Acquirers") along with Person Acting in Concert(s) namely Mr. Suresh Chand Singla , Mr. Naresh Kumar Singla , Mrs. Madhu Gupta , M/s Suresh Chand Singla (HUF) , M/s Naresh Kumar Singla (HUF) and M/s Tee Eer Securities and Financial Services (P) Limited, pursuant to Regulation 18 (12) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations 2011, to acquire shares of Titan Securities Limited ("TSL"/ "Target Company"). The Detailed Public Statement ("DPS") with respect to the aforementioned offer was published on Friday, 31st January, 2020, in Business Standard (English-All Editions), Business Standard (Hindi-All Editions), Lakshdeep (Marathi) Mumbai edition. 1. Name of the Target Company : TITAN SECURITIES LIMITED 2. Name of Acquirers & PACs : Mrs. Manju Singla, Mr. Udit Singla, Ms. Supriya Singla, Mr. Raja Singla, Mr. Shivom Singla, M/s Connoisseur Management Services (P) Limited and M/s Tanita Leasing & Finance Limited along with Person Acting in Concert(s) namely Mr. Suresh Chand Singla , Mr. Naresh Kumar Singla , Mrs. Madhu Gupta , M/s Suresh Chand Singla (HUF) , M/s Naresh Kumar Singla (HUF) and M/s Tee Eer Securities and Financial Services (P) Limited. 3. Name of Manager to the Offer : D & A Financial Services (P) Limited 4. Name of Registrar to the Offer : Beetal Financial & Computer Services (P) Limited 5. Offer Details: a) Date of Opening of the Offer : TUESDAY, JUNE 16, 2020 b) Date of Closure of the Offer : MONDAY, JUNE 29, 2020 6. Last Date of Payment of Consideration : MONDAY, JULY 13, 2020 7. Details of the Acquisition : S. Item Proposed in the Actual No. Offer Document 1. Offer Price Rs. 3.60 Rs. 3.60 2. Aggregate Number of Shares Tendered 9506156 9477617 3. Aggregate Number of Shares Accepted 9477617 9477617 4. Size of the Offer (Number of Share Rs. 3,41,19,421.20/- Rs. 3,41,19,421.20/- Multiplied by Offer Price per share) 5. Shareholding of the Acquirers and PACs No. of Shares % No. of Shares % before Agreements/Public Announcement 5847581 23.38 5847581 23.38 6. Shares acquired by way of Agreement No. of Shares % No. of Shares % 3200000 12.78 3200000 12.78 7. Shares Acquired by way of Open Offer No. of Shares % No. of Shares % 9506156 38.00 9477617 37.89 8. Shares acquired after Detailed Public Statement:- No. of Share Acquired Nil N.A Nil N.A Price of the Shares Acquired Nil N.A Nil N.A % of Share acquired Nil N.A Nil N.A 9. Post Offer Shareholding of Acquirer and No. of Shares % No. of Shares % PACs (5+6+7+8) 18553737 74.17 18525198 74.05 10. Pre and Post Offer Shareholding of Public Pre Offer Post Offer Pre Offer Post Offer 19168619 6491002 19168619 6491002 (76.62%) (25.95%) (76.62%) (25.95%) Note: The Share(s) to be acquired in terms of Share Purchase Agreement has not yet been transferred in the name of Acquirers. This Post Offer Public Announcement would also be available on SEBI Website at http//www .sebi.go v .in. The Acquirer & PACs accept full responsibility for the information contained in this Post Offer Advertisement and also shall be jointly or severally responsible for the fulfillment of the obligations under the Offer and as laid down in SEBI (SAST) Regulations, 2011 and subsequent amendments thereto. Issued by Manager to the Offer on behalf of Acquirers & PACs D & A Financial Services (P) Limited 13, Community Centre, East of Kailash, New Delhi - 110065 Tel Nos.: 011-26419079/ 26218274; Fax No.: 011 - 26219491 E-mail: in v estors@dnafinser v .com Contact Person: Ms. Radhika Pushkarna Place : New Delhi Date : 14 th July, 2020 A. H« . माझे प�कार �ीमती अि�मता शरद दवे, सौ. गाय�ी ओकंार दवे व �ी ओकंार शरद दवे, ांना िदले �या अिधकारप� व मािहतीवन मी खालील�माणे जािहर �गटन दते आहे. . तमाम लोकांना, िवशेषतः मौजे माजीवडे, तालका व िज�हा ठाणे येथील व परसरातील लोकांस या जािहर नोिटशीने कळिव�यात येते क खालील परिश�ात वण�न के ले �या िमळकतीचे िवमान मालक �ी बबनराव रामच�ं रठेरकेर, राहणार अ-१०३ अ आिण अ-१०३ ब, अथेन को आ हाउिसगं सोसायटी, लोढा पॅरडेाइज, लोढा व�ड�कलसमोर, माजीवडे, ठाणे पि�म, ४०० ६०४ खालील परिश�ात वण�न के ले �या िमळकतीसबंधंी कोणाचाही, कस�याही �कारचा ह�क वा िहतसबंधं �हणजेच गहाण, दान, लीज, बि�स, खरदेी-िव, ली-लीन, चोळीबांगडी, पोटगी, साठेखत, खरदेीखत इ. �वपाचे वा इतर कोण�याही �कारचे ह�क वा िहतसबंधं अस�यास, �यांनी ही जािहर नोटीस �िस�द झा�यापासन सात िदवसात खालील पयावर यो�य सबळ परा�यािनशी सपंक � साधावा व तशी खा�ी कन ावी, अ�यथा सदर िमळकत ही वैध, िनजोखमी अशी असन सदरील िमळकतीवर इतर कोणाचाही, कस�याही�कारचा िहतसबंधं नाही व अस�यास �यांनी तो जाणीवपव�क सोडन िदलेला आहे असे आमचे अशील समजतील. कोणाचेही नकसान होऊ नये �हणन जािहर करत आहोत. 1. परिश� िमळकत अ-०१०३ अ, �े� ५०७ चौ. फट, पािक�ग बीए २२, अथेन सी एच एस िलिमटेड, लोढा पॅरडेाइज, लोढा व�ड�कल समोर, माजीवडे, ठाणे पि�म, ४०० ६०४. . �. परिश� िमळकत अ-०१०३ ब, �े� ५०७ चौ.फट, अथेन सी एच एस िलिमटेड, लोढा पॅरडेाइज, लोढा व�ड�कलसमोर, माजीवडे, ठाणे पि�म, ४०० ६०४. येणे�माणे िमळकती व �यातील लोह, लोखंड इ�यािद सरव तदगंभत व�तंसिहत व जाणेयेणे�या ह�कासह जािहर नोटीस िदली असे. �वा�री /- �ड�होक ट आर. डी. ि�भवन ८६५ २८११४६७ /. ८८२८५४०२५७ ऑिफस नं १, हर ओम अपाट म�ट, लोकमा�यनगर, पाडा नंबर ४, ठाणे पि�म, ४०० ६०१. जािहर नोटीस माझे प�कार �ीमती अि�मता शरद दवे, सौ. गाय�ी ओकंार दवे व �ी ओकंार शरद दवे, ांना िदले �या अिधकारप� व मािहतीवन मी खालील�माणे जािहर �गटन दते आहे. . तमाम लोकांना, िवशेषतः मौजे माजीवडे, तालका व िज�हा ठाणे येथील व परसरातील लोकांस या जािहर नोिटशीने कळिव�यात येते क खालील परिश�ात वण�न के ले �या िमळकतीचे िवमान मालक �ी बबनराव रामच�ं रठेरकेर, राहणार अ-१०३ अ आिण अ-१०३ ब, अथेन को आ हाउिसगं सोसायटी, लोढा पॅरडेाइज, लोढा व�ड�कलसमोर, माजीवडे, ठाणे पि�म, ४०० ६०४ खालील परिश�ात वण�न के ले �या िमळकतीसबंधंी कोणाचाही, कस�याही �कारचा ह�क वा िहतसबंधं �हणजेच गहाण, दान, लीज, बि�स, खरदेी-िव, ली-लीन, चोळीबांगडी, पोटगी, साठेखत, खरदेीखत इ. �वपाचे वा इतर कोण�याही �कारचे ह�क वा िहतसबंधं अस�यास, �यांनी ही जािहर नोटीस �िस�द झा�यापासन सात िदवसात खालील पयावर यो�य सबळ परा�यािनशी सपंक � साधावा व तशी खा�ी कन ावी, अ�यथा सदर िमळकत ही वैध, िनजोखमी अशी असन सदरील िमळकतीवर इतर कोणाचाही, कस�याही�कारचा िहतसबंधं नाही व अस�यास �यांनी तो जाणीवपव�क सोडन िदलेला आहे असे आमचे अशील समजतील. कोणाचेही नकसान होऊ नये �हणन जािहर करत आहोत. 1. परिश� िमळकत अ-०१०३ अ, �े� ५०७ चौ. फट, पािक�ग बीए २२, अथेन सी एच एस िलिमटेड, लोढा पॅरडेाइज, लोढा व�ड�कल समोर, माजीवडे, ठाणे पि�म, ४०० ६०४. . �. परिश� िमळकत अ-०१०३ ब, �े� ५०७ चौ.फट, अथेन सी एच एस िलिमटेड, लोढा पॅरडेाइज, लोढा व�ड�कलसमोर, माजीवडे, ठाणे पि�म, ४०० ६०४. येणे�माणे िमळकती व �यातील लोह, लोखंड इ�यािद सरव तदगंभत व�तंसिहत व जाणेयेणे�या ह�कासह जािहर नोटीस िदली असे. �वा�री /- �ड�होक ट आर. डी. ि�भवन ८६५ २८११४६७ /. ८८२८५४०२५७ ऑिफस नं १, हर ओम अपाट म�ट, लोकमा�यनगर, पाडा नंबर ४, ठाणे पि�म, ४०० ६०१. िदनांक : १५/०७/२०२०. जािहर नोटीस amoO dmMm X¡. "_w§~B© bjXrn' PRESSMAN OPEN OFFER FOR ACQUISITION OF UP TO 37,195,411 (THIRTY SEVEN MILLION ONE HUNDRED NINETY FIVE THOUSAND FOUR HUNDRED AND ELEVEN) FULLY PAID UP EQUITY SHARES OF FACE VALUE OF INR 10 (INDIAN RUPEES TEN) EACH OF INDOSTAR CAPITAL FINANCE LIMITED (“TARGET COMPANY”) FROM THE PUBLIC SHAREHOLDERS OF THE TARGET COMPANY (“PUBLIC SHAREHOLDERS”), BY BCP V MULTIPLE HOLDINGS PTE. LTD. (“ACQUIRER”), TOGETHER WITH BROOKFIELD BUSINESS PARTNERS L.P. (“PAC”) IN ITS CAPACITY AS A PERSON ACTING IN CONCERT WITH THE ACQUIRER (“OPEN OFFER” OR “OFFER”). This post offer advertisement (“Post Offer Advertisement”) is being issued by Nomura Financial Advisory and Securities (India) Private Limited (hereinafter referred to as ‘Manager to the Offer’) in respect of the open offer on behalf of Acquirer and the PAC in compliance with Regulation 18(12) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as amended (“SEBI (SAST) Regulations”). This Post Offer Advertisement should be read in continuation of, and in conjunction with: a) the Public Announcement for the Offer, made by the Acquirer and PAC, which was duly intimated to BSE Limited (“BSE”) and National Stock Exchange of India Limited (“NSE”), by the Manager to the Offer, on January 31, 2020 (“PA”), and a copy of the PA was also sent to the Target Company on January 31, 2020, and was filed with SEBI on February 03, 2020; b) the Detailed Public Statement for the Offer dated February 6, 2020 (“DPS”), which was published on February 7, 2020, in all editions of Financial Express (English), all editions of Jansatta (Hindi), and the Mumbai edition of Mumbai Lakshadeep (Marathi); c) the Corrigendum to the Detailed Public Statement dated May 16, 2020 (“DPS Corrigendum”), published on May 18, 2020, in all editions of Financial Express (English) (Pune – online edition), all editions of Jansatta (Hindi), and the Mumbai edition (online) of Mumbai Lakshadeep (Marathi); d) the letter of offer dated June 9, 2020 in connection with the Offer (“Letter of Offer” or “LoF”); e) the LoF Dispatch Advertisement published on June 10, 2020, in all editions of Financial Express (English), all editions of Jansatta (Hindi), and the Mumbai edition of Mumbai Lakshadeep (Marathi), in accordance with the SEBI circular SEBI/CIR/CFD/DCR1/ CIR/P/2020/83 dated May 14, 2020; and f) the Offer Opening Advertisement and Corrigendum dated June 13, 2020, which was published on June 15, 2020, in all editions of Financial Express (English), all editions of Jansatta (Hindi), and the Mumbai edition of Mumbai Lakshadeep (Marathi). Capitalized terms used in this post offer advertisement, but not defined, shall have the same meaning assigned to them in the PA, DPS, DPS Corrigendum and the Letter of Offer. 1. Name of the Target Company : IndoStar Capital Finance Limited 2. Name of the Acquirer(s) and PAC : BCP V Multiple Holdings Pte. Ltd. (“Acquirer”), Brookfield Business Partners L.P. (“PAC”) 3. Name of the Manager to the Offer : Nomura Financial Advisory and Securities (India) Private Limited 4. Name of the Registrar to the Offer: : Link Intime India Private Limited 5. Offer Details : a. Date of Opening of the Offer : Tuesday, June 16, 2020 b. Date of Closure of the Offer : Monday, June 29, 2020 6. Date of Payment of Consideration : Wednesday, July 8, 2020 7. Details of Acquisition : Sr. No. Particulars Proposed in the Offer document Actuals 7.1 Offer Price (INR) (per Equity Share) 290.00 290.00 7.2 Aggregate number of shares tendered 37,195,411 29,241,258 7.3 Aggregate number of shares accepted 37,195,411 29,241,258 7.4 Size of the Offer (INR) (Number of shares multiplied by the offer price per share) 10,786,669,190 8,479,964,820 7.5 Shareholding of the Acquirer and PAC before Agreements/Public Announcement (No. & %) Acquirer - Nil (0.00%) PAC - Nil (0.00%) Acquirer - Nil (0.00%) PAC - Nil (0.00%) 7.6 Shares Acquired by way of Agreements Number* % of Fully Diluted Equity Share Capital** 35,172,414 Equity Shares and 12,068,966 CCPS 33.02% 35,172,414 Equity Shares and 12,068,966 CCPS 33.02% 7.7 Shares Acquired by way of Open Offer Number % of Fully Diluted Equity Share Capital** 37,195,411 Equity Shares 26.00% 29,241,258 Equity Shares 20.44% 7.8 Shares acquired after Detailed Public Statement (except those pursuant to the Agreements mentioned in 7.6 above) Number of shares acquired Price of shares acquired % of the shares acquired Nil Not Applicable 0.00% Nil Not Applicable 0.00% 7.9 Post offer share holding of Acquirer and PAC Number % of Fully Diluted Equity Share Capital** 72,367,825 Equity Shares and 12,068,966 CCPS 59.02% 64,413,672 Equity Shares and 12,068,966 CCPS 53.46% 7.10 Pre & Post offer shareholding of the Public Number** % of Fully Diluted Equity Share Capital** Pre Offer^ 44,775,659 44.41% Post Offer 7,580,248 5.30% Pre Offer^ 44,775,659 44.41% Post Offer 15,534,401 10.86% *Comprises of 30,172,414 Equity Shares and 12,068,966 CCPS which have been allotted on a preferential basis (“Subscription Securities”) to the Acquirer, pursuant to the SSA, on May 27, 2020, and 5,000,000 Equity Shares which were acquired from the Seller - Indostar Capital (ICM), pursuant to the SPA, on July 9, 2020. In terms of Regulation 22(2A), the Subscription Securities were held in the Share Escrow Account, and the Acquirer did not exercise any voting rights with respect to the Subscription Securities kept in the Share Escrow Account in compliance with Regulation 22(2A) of the SEBI (SAST) Regulations. Upon fulfillment of the Open Offer related formalities, the Subscription Securities were transferred to the demat account of the Acquirer. **Fully Diluted Equity Share Capital means the total number of shares of the Target Company, assuming full conversion of the outstanding convertible securities and outstanding employee stock options into the equity shares of the Target Company. ^Pre-Offer Number of shares held by public shareholders and Pre-Offer % of Fully Diluted Equity Share Capital of public shareholders, assumes full conversion of the outstanding employee stock options into the equity shares of the Target Company. 8. The Acquirer and PAC and their respective directors accept full responsibility for the information contained in this Post Offer Advertisement and shall be jointly and severally responsible for the fulfillment of their obligations laid down in the Takeover Regulations in respect of the Open Offer. 9. A copy of this Post Offer Advertisement will be available on the websites of SEBI, BSE and NSE and the registered office of the Target Company. ISSUED FOR AND ON BEHALF OF THE ACQUIRER AND PAC, BY THE MANAGER TO THE OFFER: Nomura Financial Advisory and Securities (India) Private Limited Ceejay House, Level-11, Plot F, Shivsagar Estate, Dr Annie Besant Road, Worli, Mumbai, 400 018, Maharashtra, India Tel: +91 22 4037 4037 Fax: +91 22 4037 4111 Email: [email protected] Contact Person: Mr. Vishal Kanjani / Mr. Sandeep Baid SEBI Registration Number: INM000011419 For and on behalf of the Acquirer and the PAC BCP V Multiple Holdings Pte. Ltd. Brookfield Business Partners L.P. Sd/- Sd/- Authorized Signatory Authorized Signatory Date : July 14, 2020 Place : Mumbai POST OFFER ADVERTISEMENT UNDER REGULATION 18 (12) IN TERMS OF SEBI (SUBSTANTIAL ACQUISITION OF SHARES AND TAKEOVERS) REGULATIONS, 2011, AS AMENDED, FOR THE ATTENTION OF THE PUBLIC SHAREHOLDERS OF INDOSTAR CAPITAL FINANCE LIMITED Registered Office: One Indiabulls Center, 20th Floor, Tower 2A, Jupiter Mills Compound, Senapati Bapat Marg, Mumbai-400013, India; Corporate Identity Number (CIN): L65100MH2009PLC268160; Tel. No.: +91 22 4315 7000; Fax: +91 22 4315 7010; Website: https://www.indostarcapital.com/ A°ñQoH bmB\ gm`Ýgog {b{_QoS Zmo¨XUrH¥ V H m`m©b` : JmoXaoO dZ, 3 am _Obm, {namoOímmZJa, B©ñQZ© EŠgßm«og hm`do, {dH« moir (nyd©), _w§~B© - 400 079, _hmamîQ´. 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Transcript of POST OFFER ADVERTISEMENT UNDER REGULATION 18 (12) IN … · Advertisement under Regulation 18(12)...

Page 1: POST OFFER ADVERTISEMENT UNDER REGULATION 18 (12) IN … · Advertisement under Regulation 18(12) in terms of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

3_w§~B© bjXrn~wYdma, {X. 15 Owb¡ 2020

POST OFFER ADVERTISEMENT TO THEPOST OFFER ADVERTISEMENT TO THEPOST OFFER ADVERTISEMENT TO THEPOST OFFER ADVERTISEMENT TO THEPOST OFFER ADVERTISEMENT TO THE

SHAREHOLDERS OFSHAREHOLDERS OFSHAREHOLDERS OFSHAREHOLDERS OFSHAREHOLDERS OF

TITAN SECURITIES LIMITEDTITAN SECURITIES LIMITEDTITAN SECURITIES LIMITEDTITAN SECURITIES LIMITEDTITAN SECURITIES LIMITED(Registered Office: - A-2/3 Third Floor, Lusa Tower Azadpur Commercial Complex Delhi-110033)

Advertisement under Regulation 18(12) in terms of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations,

2011.

This Advertisement is being issued by D & A Financial Services (P) Limited (the "Manager to the Offer"), for and on behalf of Mrs.

Manju Singla, Mr. Udit Singla, Ms. Supriya Singla, Mr. Raja Singla, Mr. Shivom Singla, M/s Connoisseur Management Services

(P) Limited and M/s Tanita Leasing & Finance Limited (hereinafter collectively referred to as "Acquirers") along with Person

Acting in Concert(s) namely Mr. Suresh Chand Singla , Mr. Naresh Kumar Singla , Mrs. Madhu Gupta , M/s Suresh Chand Singla

(HUF) , M/s Naresh Kumar Singla (HUF) and M/s Tee Eer Securities and Financial Services (P) Limited, pursuant to Regulation 18

(12) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations 2011, to acquire

shares of Titan Securities Limited ("TSL"/ "Target Company"). The Detailed Public Statement ("DPS") with respect to the

aforementioned offer was published on Friday, 31st January, 2020, in Business Standard (English-All Editions), Business Standard

(Hindi-All Editions), Lakshdeep (Marathi) Mumbai edition.

1. Name of the Target Company : TITAN SECURITIES LIMITED

2. Name of Acquirers & PACs : Mrs. Manju Singla, Mr. Udit Singla, Ms. Supriya Singla, Mr. Raja Singla,

Mr. Shivom Singla, M/s Connoisseur Management Services (P) Limited and

M/s Tanita Leasing & Finance Limited along with Person Acting in Concert(s)

namely Mr. Suresh Chand Singla , Mr. Naresh Kumar Singla , Mrs. Madhu

Gupta , M/s Suresh Chand Singla (HUF) , M/s Naresh Kumar Singla (HUF)

and M/s Tee Eer Securities and Financial Services (P) Limited.

3. Name of Manager to the Offer : D & A Financial Services (P) Limited

4. Name of Registrar to the Offer : Beetal Financial & Computer Services (P) Limited

5. Offer Details:

a) Date of Opening of the Offer : TUESDAY, JUNE 16, 2020

b) Date of Closure of the Offer : MONDAY, JUNE 29, 2020

6. Last Date of Payment of Consideration : MONDAY, JULY 13, 2020

7. Details of the Acquisition :

S. Item Proposed in the Actual

No. Offer Document

1. Offer Price Rs. 3.60 Rs. 3.60

2. Aggregate Number of Shares Tendered 9506156 9477617

3. Aggregate Number of Shares Accepted 9477617 9477617

4. Size of the Offer (Number of Share Rs. 3,41,19,421.20/- Rs. 3,41,19,421.20/-

Multiplied by Offer Price per share)

5. Shareholding of the Acquirers and PACs No. of Shares % No. of Shares %

before Agreements/Public Announcement 5847581 23.38 5847581 23.38

6. Shares acquired by way of Agreement No. of Shares % No. of Shares %

3200000 12.78 3200000 12.78

7. Shares Acquired by way of Open Offer No. of Shares % No. of Shares %

9506156 38.00 9477617 37.89

8. Shares acquired after Detailed Public

Statement:-

No. of Share Acquired Nil N.A Nil N.A

Price of the Shares Acquired Nil N.A Nil N.A

% of Share acquired Nil N.A Nil N.A

9. Post Offer Shareholding of Acquirer and No. of Shares % No. of Shares %

PACs (5+6+7+8) 18553737 74.17 18525198 74.05

10. Pre and Post Offer Shareholding of Public Pre Offer Post Offer Pre Offer Post Offer

19168619 6491002 19168619 6491002

(76.62%) (25.95%) (76.62%) (25.95%)

Note: The Share(s) to be acquired in terms of Share Purchase Agreement has not yet been transferred in the name of Acquirers.

This Post Offer Public Announcement would also be available on SEBI Website at http//www.sebi.gov.in.

The Acquirer & PACs accept full responsibility for the information contained in this Post Offer Advertisement and also shall be

jointly or severally responsible for the fulfillment of the obligations under the Offer and as laid down in SEBI (SAST) Regulations,

2011 and subsequent amendments thereto.

Issued by Manager to the Offer on behalf of Acquirers & PACs

D & A Financial Services (P) Limited13, Community Centre, East of Kailash, New Delhi - 110065

Tel Nos.: 011-26419079/ 26218274; Fax No.: 011 - 26219491

E-mail: [email protected]

Contact Person: Ms. Radhika PushkarnaPlace : New Delhi

Date : 14th July, 2020

A.H«�.

माझे प�कार �ीमती अि�मता शरद दवे, सौ. गाय�ी ओकंार दवे व �ी ओकंार शरद दवे, ांना िदले�या अिधकारप� व मािहतीवन मी खालील�माणे जािहर �गटन दते आहे. .तमाम लोकांना, िवशेषतः मौजे माजीवडे, तालका व ुिज�हा ठाणे येथील व परसरातील लोकांस या जािहर नोिटशीने कळिव�यात येते क खालील परिश�ात वण�न केले�या िमळकतीचे िवमान मालक �ी बबनराव रामच�ं रठेरकेर, राहणार अ-१०३ अ आिण अ-१०३ ब, अथेन को आ हाउिसगं सोसायटी, लोढा पॅरडेाइज, लोढा व�ड� �कलसमोर, माजीवडे, ठाणे पि�म, ४०० ६०४ूखालील परिश�ात वण�न केले�या िमळकतीसबंधंीकोणाचाही, कस�याही �कारचा ह�क वा िहतसबंधं �हणजेच गहाण, दान, लीज, बि�स, खरदेी-िव, ली-लीन, चोळीबांगडी, पोटगी, साठेखत, खरदेीखत इ. �वपाचे वा इतर कोण�याही �कारचे ह�क वा िहतसबंधं अस�यास, �यांनी ही जािहर नोटीस �िस�द झा�यापासन सात िदवसात खालील ूपयावर यो�य सबळ परा�यािनशी सपंक� साधावा व ुतशी खा�ी कन ावी, अ�यथा सदर िमळकत ही वैध, िनजोखमी अशी असन सदरील िमळकतीवर ूइतर कोणाचाही, कस�याही�कारचा िहतसबंधं नाही व अस�यास �यांनी तो जाणीवपव�क सोडन िदलेला ू ूआहे असे आमचे अशील समजतील. कोणाचेही नकसान होऊ नये �हणन जािहर करत आहोत.ु ू1. परिश� िमळकत अ-०१०३ अ, �े� ५०७ चौ.फट, पािक� ग बीए २२, अथेन सी एच एस िलिमटेड, ूलोढा पॅरडेाइज, लोढा व�ड� �कल समोर, माजीवडे, ूठाणे पि�म, ४०० ६०४. .�. परिश� िमळकत अ-०१०३ ब, �े� ५०७ चौ.फट, ूअथेन सी एच एस िलिमटेड, लोढा पॅरडेाइज, लोढा व�ड� �कलसमोर, माजीवडे, ठाणे पि�म, ४०० ६०४.ूयेणे�माणे िमळकती व �यातील लोह, लोखंड इ�यािद सरव तदगंभत व�तंसिहत व जाणेयेणे�या ह�कासह ू ूजािहर नोटीस िदली असे. �वा�री /-

�ड�होकेट आर. डी. ि�भवनु ८६५ २८११४६७ /. ८८२८५४०२५७

ऑिफस नं १, हर ओम अपाट�म�ट, लोकमा�यनगर, पाडा नंबर ४, ठाणे पि�म, ४०० ६०१.

जािहर नोटीसमाझे प�कार �ीमती अि�मता शरद दवे, सौ. गाय�ी ओकंार दवे व �ी ओकंार शरद दवे, ांना िदले�या अिधकारप� व मािहतीवन मी खालील�माणे जािहर �गटन दते आहे. .तमाम लोकांना, िवशेषतः मौजे माजीवडे, तालका व ुिज�हा ठाणे येथील व परसरातील लोकांस या जािहर नोिटशीने कळिव�यात येते क खालील परिश�ात वण�न केले�या िमळकतीचे िवमान मालक �ी बबनराव रामच�ं रठेरकेर, राहणार अ-१०३ अ आिण अ-१०३ ब, अथेन को आ हाउिसगं सोसायटी, लोढा पॅरडेाइज, लोढा व�ड� �कलसमोर, माजीवडे, ठाणे पि�म, ४०० ६०४ूखालील परिश�ात वण�न केले�या िमळकतीसबंधंीकोणाचाही, कस�याही �कारचा ह�क वा िहतसबंधं �हणजेच गहाण, दान, लीज, बि�स, खरदेी-िव, ली-लीन, चोळीबांगडी, पोटगी, साठेखत, खरदेीखत इ. �वपाचे वा इतर कोण�याही �कारचे ह�क वा िहतसबंधं अस�यास, �यांनी ही जािहर नोटीस �िस�द झा�यापासन सात िदवसात खालील ूपयावर यो�य सबळ परा�यािनशी सपंक� साधावा व ुतशी खा�ी कन ावी, अ�यथा सदर िमळकत ही वैध, िनजोखमी अशी असन सदरील िमळकतीवर ूइतर कोणाचाही, कस�याही�कारचा िहतसबंधं नाही व अस�यास �यांनी तो जाणीवपव�क सोडन िदलेला ू ूआहे असे आमचे अशील समजतील. कोणाचेही नकसान होऊ नये �हणन जािहर करत आहोत.ु ू1. परिश� िमळकत अ-०१०३ अ, �े� ५०७ चौ.फट, पािक� ग बीए २२, अथेन सी एच एस िलिमटेड, ूलोढा पॅरडेाइज, लोढा व�ड� �कल समोर, माजीवडे, ूठाणे पि�म, ४०० ६०४. .�. परिश� िमळकत अ-०१०३ ब, �े� ५०७ चौ.फट, ूअथेन सी एच एस िलिमटेड, लोढा पॅरडेाइज, लोढा व�ड� �कलसमोर, माजीवडे, ठाणे पि�म, ४०० ६०४.ूयेणे�माणे िमळकती व �यातील लोह, लोखंड इ�यािद सरव तदगंभत व�तंसिहत व जाणेयेणे�या ह�कासह ू ूजािहर नोटीस िदली असे. �वा�री /-

�ड�होकेट आर. डी. ि�भवनु ८६५ २८११४६७ /. ८८२८५४०२५७

ऑिफस नं १, हर ओम अपाट�म�ट, लोकमा�यनगर, पाडा नंबर ४, ठाणे पि�म, ४०० ६०१.

िदनांक : १५/०७/२०२०.

जािहर नोटीस

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OPEN OFFER FOR ACQUISITION OF UP TO 37,195,411 (THIRTY SEVEN MILLION ONE HUNDRED NINETY FIVE THOUSAND FOUR HUNDRED AND ELEVEN) FULLY PAID UP EQUITY SHARES OF FACE VALUE OF INR 10 (INDIAN RUPEES TEN) EACH OF INDOSTAR CAPITAL FINANCE LIMITED (“TARGET COMPANY”) FROM THE PUBLIC SHAREHOLDERS OF THE TARGET COMPANY (“PUBLIC SHAREHOLDERS”), BY BCP V MULTIPLE HOLDINGS PTE. LTD. (“ACQUIRER”), TOGETHER WITH BROOKFIELD BUSINESS PARTNERS L.P. (“PAC”) IN ITS CAPACITY AS A PERSON ACTING IN CONCERT WITH THE ACQUIRER (“OPEN OFFER” OR “OFFER”).This post offer advertisement (“Post Offer Advertisement”) is being issued by Nomura Financial Advisory and Securities (India) Private Limited (hereinafter referred to as ‘Manager to the Offer’) in respect of the open offer on behalf of Acquirer and the PAC in compliance with Regulation 18(12) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as amended (“SEBI (SAST) Regulations”). This Post Offer Advertisement should be read in continuation of, and in conjunction with:a) the Public Announcement for the Offer, made by the Acquirer and PAC, which was duly intimated to BSE Limited (“BSE”) and

National Stock Exchange of India Limited (“NSE”), by the Manager to the Offer, on January 31, 2020 (“PA”), and a copy of the PA was also sent to the Target Company on January 31, 2020, and was filed with SEBI on February 03, 2020;

b) the Detailed Public Statement for the Offer dated February 6, 2020 (“DPS”), which was published on February 7, 2020, in all editions of Financial Express (English), all editions of Jansatta (Hindi), and the Mumbai edition of Mumbai Lakshadeep (Marathi);

c) the Corrigendum to the Detailed Public Statement dated May 16, 2020 (“DPS Corrigendum”), published on May 18, 2020, in all editions of Financial Express (English) (Pune – online edition), all editions of Jansatta (Hindi), and the Mumbai edition (online) of Mumbai Lakshadeep (Marathi);

d) the letter of offer dated June 9, 2020 in connection with the Offer (“Letter of Offer” or “LoF”);e) the LoF Dispatch Advertisement published on June 10, 2020, in all editions of Financial Express (English), all editions of Jansatta

(Hindi), and the Mumbai edition of Mumbai Lakshadeep (Marathi), in accordance with the SEBI circular SEBI/CIR/CFD/DCR1/CIR/P/2020/83 dated May 14, 2020; and

f) the Offer Opening Advertisement and Corrigendum dated June 13, 2020, which was published on June 15, 2020, in all editions of Financial Express (English), all editions of Jansatta (Hindi), and the Mumbai edition of Mumbai Lakshadeep (Marathi).

Capitalized terms used in this post offer advertisement, but not defined, shall have the same meaning assigned to them in the PA, DPS, DPS Corrigendum and the Letter of Offer.1. Name of the Target Company : IndoStar Capital Finance Limited2. Name of the Acquirer(s) and PAC : BCP V Multiple Holdings Pte. Ltd. (“Acquirer”), Brookfield Business Partners L.P. (“PAC”)3. Name of the Manager to the Offer : Nomura Financial Advisory and Securities (India) Private Limited4. Name of the Registrar to the Offer: : Link Intime India Private Limited5. Offer Details :

a. Date of Opening of the Offer : Tuesday, June 16, 2020b. Date of Closure of the Offer : Monday, June 29, 2020

6. Date of Payment of Consideration : Wednesday, July 8, 20207. Details of Acquisition :

Sr. No. Particulars Proposed in the Offer document Actuals

7.1 Offer Price (INR) (per Equity Share) 290.00 290.007.2 Aggregate number of shares tendered 37,195,411 29,241,2587.3 Aggregate number of shares accepted 37,195,411 29,241,2587.4 Size of the Offer (INR)

(Number of shares multiplied by the offer price per share) 10,786,669,190 8,479,964,820

7.5 Shareholding of the Acquirer and PAC before Agreements/Public Announcement (No. & %)

Acquirer - Nil (0.00%)PAC - Nil (0.00%)

Acquirer - Nil (0.00%)PAC - Nil (0.00%)

7.6 Shares Acquired by way of Agreements• Number*• % of Fully Diluted Equity Share Capital**

35,172,414 Equity Shares and 12,068,966 CCPS

33.02%

35,172,414 Equity Shares and 12,068,966 CCPS

33.02%7.7 Shares Acquired by way of Open Offer

• Number• % of Fully Diluted Equity Share Capital**

37,195,411 Equity Shares26.00%

29,241,258 Equity Shares20.44%

7.8 Shares acquired after Detailed Public Statement (except those pursuant to the Agreements mentioned in 7.6 above)• Number of shares acquired• Price of shares acquired• % of the shares acquired

NilNot Applicable

0.00%

NilNot Applicable

0.00%

7.9 Post offer share holding of Acquirer and PAC• Number• % of Fully Diluted Equity Share Capital**

72,367,825 Equity Shares and 12,068,966 CCPS

59.02%

64,413,672 Equity Shares and 12,068,966 CCPS

53.46%7.10 Pre & Post offer shareholding of the Public

• Number**• % of Fully Diluted Equity Share Capital**

Pre Offer^44,775,659

44.41%

Post Offer7,580,248

5.30%

Pre Offer^44,775,659

44.41%

Post Offer15,534,401

10.86%

*Comprises of 30,172,414 Equity Shares and 12,068,966 CCPS which have been allotted on a preferential basis (“Subscription Securities”) to the Acquirer, pursuant to the SSA, on May 27, 2020, and 5,000,000 Equity Shares which were acquired from the Seller - Indostar Capital (ICM), pursuant to the SPA, on July 9, 2020. In terms of Regulation 22(2A), the Subscription Securities were held in the Share Escrow Account, and the Acquirer did not exercise any voting rights with respect to the Subscription Securities kept in the Share Escrow Account in compliance with Regulation 22(2A) of the SEBI (SAST) Regulations. Upon fulfillment of the Open Offer related formalities, the Subscription Securities were transferred to the demat account of the Acquirer. **Fully Diluted Equity Share Capital means the total number of shares of the Target Company, assuming full conversion of the outstanding convertible securities and outstanding employee stock options into the equity shares of the Target Company.^Pre-Offer Number of shares held by public shareholders and Pre-Offer % of Fully Diluted Equity Share Capital of public shareholders, assumes full conversion of the outstanding employee stock options into the equity shares of the Target Company.8. The Acquirer and PAC and their respective directors accept full responsibility for the information contained in this Post Offer

Advertisement and shall be jointly and severally responsible for the fulfillment of their obligations laid down in the Takeover Regulations in respect of the Open Offer.

9. A copy of this Post Offer Advertisement will be available on the websites of SEBI, BSE and NSE and the registered office of the Target Company.

ISSUED FOR AND ON BEHALF OF THE ACQUIRER AND PAC, BY THE MANAGER TO THE OFFER:Nomura Financial Advisory and Securities (India) Private LimitedCeejay House, Level-11, Plot F, Shivsagar Estate, Dr Annie Besant Road, Worli, Mumbai, 400 018, Maharashtra, IndiaTel: +91 22 4037 4037Fax: +91 22 4037 4111Email: [email protected] Person: Mr. Vishal Kanjani / Mr. Sandeep Baid SEBI Registration Number: INM000011419

For and on behalf of the Acquirer and the PACBCP V Multiple Holdings Pte. Ltd. Brookfield Business Partners L.P.Sd/- Sd/-Authorized Signatory Authorized Signatory

Date : July 14, 2020Place : Mumbai

POST OFFER ADVERTISEMENT UNDER REGULATION 18 (12) IN TERMS OF SEBI (SUBSTANTIAL ACQUISITION OF SHARES AND TAKEOVERS) REGULATIONS, 2011, AS AMENDED, FOR THE ATTENTION OF THE PUBLIC SHAREHOLDERS OF

INDOSTAR CAPITAL FINANCE LImITEDRegistered Office: One Indiabulls Center, 20th Floor, Tower 2A, Jupiter Mills Compound, Senapati Bapat Marg, Mumbai-400013, India;

Corporate Identity Number (CIN): L65100MH2009PLC268160; Tel. No.: +91 22 4315 7000; Fax: +91 22 4315 7010; Website: https://www.indostarcapital.com/

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NOTICEThe notice is hereby given that the 27th Annual General Meeting (“AGM”) of the Company will be held on Friday, 7th day of August, 2020 through Video Conferencing, to transact the Businesses, as set out in the Notice of AGM. The Electronic copies of the Notice of AGM and Annual Report for F.Y. 2019-20 have been sent to all the members whose email IDs are registered with the Company/ Depository Participant(s) in accordance with the circulars issued by Ministry of Corporate Affairs dated 8th April, 2020, 13th April, 2020 & 5th May, 2020 along with SEBI circulars dated 12th May, 2020. An advertisement requesting shareholders to register their mail id was published in newspaper dated 24th June, 2020. The same is also available on the Company’s website ����������������� and the Bombay Stock Exchange website https://www.bseindia.com/Members holding shares either in physical form or in dematerialized form, as on the ������������of Friday, July 31, 2020 may cast their vote electronically on the Ordinary Business as set out in the Notice of AGM through electronic voting system of CDSL from a place other than venue of AGM (“remote e-voting”). All the members are informed that:i. the Ordinary Business as set out in the Notice of AGM may be transacted through voting by

electronic means;ii. the remote e-voting shall commence on Monday, August 03, 2020 (9.00 am);iii. the remote e-voting shall end on Thursday, August 06, 2020 (5.00 pm).;iv. the cut-off date for determining the eligibility to vote by electronic means or at the AGM is Friday,

July 31, 2020v. any person, who acquires shares of the Company and become member of the Company after

dispatch of the Notice of AGM and holding shares as of the cut-off date i.e July 10, 2020 may obtain the login ID and password by sending a request at following email id’s: [email protected] or issuer/RTA

vi. The Register of Members and Share Transfer Books of the Company will remain closed from 1st August, 2020 to 7th August, 2020.

Members may note that: a) The remote e-voting module shall be disabled by CDSL after the aforesaid date and time for voting

and once the vote on a resolution is cast by the member, the member shall not be allowed to change it subsequently;

b) The members who have cast their vote by remote e-voting prior to the AGM may also attend the AGM but shall not be entitled to cast their vote again;

c) A person whose name is recorded in the register of members or in the register of ��������� owners maintained by the depositories as on the cut-off date shall be entitled to avail the facility of remote e-voting.

The notice of AGM is available on the Company’s website ����������������� and also on the CDSL’s website; and in case of queries, members may refer to the Frequently Asked Questions (FAQs) for members and e-voting user manual for members at the Downloads Section of www.evoting.nsdl.com, or email at [email protected], Tel: 1800-222-990 or contact Ms. Nimisha Kasat, Company Secretary of the Company at 3rd Floor, A-514 TTC Industrial area, MIDC, Mahape, Navi Mumbai - 400701who will also address grievances connected with the voting by electronics means.

(Formerly Known as Parnami Credits Limited)3rd Floor, A-514 TTC Industrial area, MIDC, Mahape, Navi Mumbai -400701

CIN: L65910MH1993PLC302405 Email id: ��������������������� Website: �����������������

By order of the Board of DirectorsSd/-

Rachana Singi Managing Director

DIN: 00166508Date : July 14, 2020Place : Navi Mumbai

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