Trading Members and Custodians are requested to note that Securities Exchange Board of India (SEBI) has issued Mechanism for acquisition of shares through Stock Exchange pursuant to Tender-Offers under Takeovers, Buy Back and vide its circular no. CIR/CFD/POLICYCELL/1/2015 dated April 13, 2015 and no. CFD/DCR2/CIR/P/2016/131 dated Dec 09, 2016. The Exchange vide its notice no. 20170210-16 dated Feb 10, 2017, has issued Revised Guidelines of Mechanism for acquisition of shares through Stock Exchange pursuant to Tender-Offers under Takeovers, Buy Back and Delisting.

All Market Participants are hereby informed that  Open Offer by Mr Rakesh Kapoor (Acquirer 1) and Mr Manish Kapoor (Acquirer 2) along with Ms. Meenu Kapoor (PAC 1), Mr. Uday Kapoor (PAC 2), Mr. Karan Kapoor (PAC 3), Mr. Raghav Kapoor (PAC 4), Ms. Archana Kapoor (PAC 5) and Mr. Rishabh Kapoor (PAC 6) to the shareholders of Sri Amarnath Finance Limited ("Target Company") to acquire up to 25,94,800 equity shares of Rs. 10/- each representing 26% of the total equity/voting share capital of Target Company at a price of Rs 35.25/- (Rupees Thirty Five and Paisa Twenty Five Only), which includes interest amount of Rupees 6.25 per share, per fully paid equity share payable in Cash, from February 05, 2018 to February 20, 2018.

Market participants are further requested to note that this offer will be as per the Revised Guidelines of SEBI circular no. CFD/DCR2/CIR/P/2016/131 dated Dec 09, 2016 and Exchange notice no. 20170210-16 dated Feb 10, 2017 and the details of this Offer to Buy would be available on BSE Website – www.bseindia.com.

The details of this Offer to Buy would be available on BSE Website – www.bseindia.com.

Bhushan Mokashi

Additional General Manager

Listing Ops & Sales

February 01, 2018