Federal-Mogul Goetze (India) Ltd - 505744 - Announcement Under Regulation 30 Of SEBI (LODR) Regulations, 2015 - Newspaper Publication Of Recommendation Of Independent Directors Committee
Please be informed that the recommendations of the Committee of Independent Directors on the Open Offer to the Shareholders of the Target Company under Regulation 26(7) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 and subsequent amendments thereto, duly signed by the Chairman of the Committee of Independent Directors, for acquisition of up to 13,916,676 fully paid-up equity shares of face value of Rs. 10/- each, representing approximately 25.02% of the total equity share capital of Target Company on a fully diluted basis, from the eligible equity shareholders, by Tenneco Inc. ('Acquirer') together with Icahn Enterprises LP ('IEP'), American Entertainment Properties Corp.('AEP') and IEH FMGI Holdings LLC ('IEH') (collectively known as 'PACs') has been published today in Business Standard (English), Business Standard (Hindi) and Jansatta (Regional Language Daily Hindi) newspapers dt. January 02, 2020, copies of the same are attached.02-01-2020