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YES BANK Ltd (”Manager to the Offer”) on behalf of Delta Hospitality Pvt Ltd (formerly known as Fasttrack Impex Pvt Ltd) (”Acquirer”) and Arrow Webtex Ltd (”Person Acting in Concert”/”PAC”) has issued this Post Offer Public Announcement to the shareholders of Advani Hotels & Resorts India Ltd (”Target Company”), which is in continuation of and should be read in conjunction with the Pubic Announcement (”PA”) dated February 29, 2008, Corrigendum to the PA dated March 13, 2008, Letter of Offer dated May 10, 2008 & Corrigendum to the PA dated May 22, 2008, pursuant to and in compliance with among others, Regulation 10 of Chapter III of the Securities & Exchange Board of India (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 and subsequent amendments thereto (” SEBI Takeover Regulations” / “Regulations” )
The Details are as under:

* the Acquirer held 68,99,077 fully paid up equity shares representing 14.93% of the Voting paid up equity share Capital of Target Company as on the date of the PA. The PAC did not hold any equity shares in the paid up equity share capital of Target Company as on the date of the PA.
# The offer was voluntary and not triggered by any agreement of the Acquirer with any person for the purpose of the acquisition of shares of Target Company $ Post the PA, The Acquirer has made net acquisition of 48,17,828 Equity Shares at an average acquisition price of Rs 97.88 per equity share from the open market, through the stock exchange mechanism as well as by way of block deals. @ The Offer was made, pursuant to Regulation 10 of the SEBI Takeover Regulation for the purpose of substantial acquisition of Shares without any change in control and management. Post offer, the acquirer and the public collectively hold 1,90,53,487 equity shares representing 41.22% in the paid up equity share capital of Target Company.

Arrow Webtex Ltd has informed BSE that a meeting of the Board of Directors of the Company which was scheduled to be held on June 09, 2008, and which was postponed on account of unavoidable circumstances will now be held on June 18, 2008, inter alia, to consider and take on record Audited Financial Results of the Company for financial year ended March 31, 2008, to approve Annual Accounts for the year ended March 31, 2008 and to recommend dividend, if any, for the financial 2007-08.

Arrow Webtex Ltd has informed BSE that an Extra Ordinary General Meeting (EGM) of the members of the Company will be held on June 28, 2008, inter alia, to consider the following business:

1. To change the name of the Company to “Delta Corp Ltd”.

2. To increase the authorized capital to Rs 32 Crores.

3. To authorize the Board of Directors under Section 81 (1A) to issue shares through QIP, ADR, GDR etc.

YES BANK Ltd (”Manager to the Offer”) on behalf of Delta Hospitality Pvt Ltd (formerly known as Fasttrack Impex Pvt Ltd) (”Acquirer”) along with Arrow Webtex Ltd (”Person Acting in Concert”/”PAC”) has issued this Corrigendum to the Public Announcement to the shareholders of Advani Hotels & Resorts India Ltd (”Target Company”), which is in continuation of and should be read in conjunction with the Pubic Announcement (”PA”) dated February 29, 2008 & Corrigendum to the Public Announcement dated March 13, 2008, pursuant to and in compliance with among others, Regulation 10 of Chapter III of the Securities & Exchange Board of India (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 and subsequent amendments thereto (” SEBI Takeover Regulations”)

YES BANK Ltd (”Manager to the Offer”) on behalf of Delta Hospitality Pvt Ltd (formerly known as Fasttrack Impex Pvt Ltd) (”Acquirer”) along with Arrow Webtex Ltd (”Person Acting in Concert”/”PAC”) has issued this Corrigendum to the Public Announcement to the shareholders of Advani Hotels & Resorts India Ltd (”Target Company”), which is in continuation of and should be read in conjunction with the Pubic Announcement (”PA”) dated February 29, 2008, pursuant to and in compliance with among others, Regulation 10 of the Securities & Exchange Board of India (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 and subsequent amendments thereto (” SEBI Takeover Regulations”).

The Shareholders of the Target Company are requested to note the following:

Revised Schedule of Activities

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Activity				Original Schedule		Revised Schedule
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Specified Date			March 07, 2008		March 07, 2008
Date of Opening of the Offer	April 24, 2008		May 26, 2008
Date of Closing of the Offer	May 13, 2008		June 14, 2008
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Arrow Webtex Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 19, 2008, inter alia, has approved the following:

1. Appointment of Mr. Sudarshan Bajoria as nominee of ICICI Venture Funds Management Company Ltd on the Board of Directors of the Company.

2. Issue of upto 30 million equity shares of Re 1/- each through QIP subject to shareholders approval.

3. Change of the Company’s name to DELTA CORP LTD subject to shareholders approval.

4. To enter into the Hospitality Business through joint venture with Peninsula Land Ltd. A SPV will be created which will be held 50-50 by both the JV partners to build Business Hotels.

in the 1st phase, an equity infusion of total Rs 100 Cr in equal proportion is envisaged in the SPV by both the JV partners. The JV intends to build 10 Hotels of 100 rooms each envisaged in the 1st phase aggregating to 1000 rooms. The Company plans to enter into the state of Maharashtra in cities such as Mumbai, Pune, Nagpur, Nashik, Kolhapur, the state of Gujarat in cities such as Ahmedabad, Surat, Jamnagar, Mundra port and the state of Goa. The Hotels in the 1st phase are expected to be operational in the next 30 months. Phase 2 will see the penetration in the Southern Markets targeting the states of Karnataka, Tamil Nadu, Andhra Pradesh and Kerala.

This is subject to necessary approvals including Board approval from both the JV partners.

YES BANK Ltd (”Manager to the Offer”) on behalf of Fasttrack Impex Pvt Ltd (”Acquirer”) along with Arrow Webtex Ltd (”Person Acting in Concert”/”PAC”) has issued Corrigendum to the Public Announcement (”PA”) to the shareholders of Advani Hotels & Resorts India Ltd (”Target Company”), which is in continuation of and should be read in conjunction with the Pubic Announcement (”PA”) dated February 29, 2008 pursuant to and in compliance with among others, Regulation 10 of Chapter III of the Securities & Exchange Board of India (Substantial Acquisition of Shares & Takeovers) Regulations, 1997 and subsequent amendments thereto (”Takeover Regulations” or “Regulations”).

Shareholders / beneficial owners of the Target Company may please note the following developments:

Revised offer Price:

In accordance with Regulations 26 of the Takeover Regulations, the Acquirer hereby revises the Offer price from Rs 102/- per share to Rs 103/- per Share.

The Terms not defined herein will have the same meaning as defined in PA. All other terms & conditions of the Offer remain unchanged.

Arrow Webtex Ltd has informed BSE about the following:

“Fasttrack Impex Pvt Ltd., a subsidiary Company of Arrow Webtex Ltd, shall make a Public Announcement on February 29, 2008 for acquisition of 92,43,850 Equity Shares of Advani Hotels & Resorts India Ltd. of the face value of Rs 2/- each, fully paid up, representing 20% of the total paid up capital of the said Company under the SEBI (Substantial Acquisition and Takeover Regulations), 1997 (”Offer”). Arrow Webtex Ltd would be funding upto 100% of the consideration required by Fasttrack Impex Pvt Ltd for the said offer. In view thereof, Arrow Webtex Ltd would be construed as a “person acting in concert” in relation to the Offer.”