Hacked by islam_Bey imhatimi.org

Anand Rathi Financial Services Ltd (Formerly known as Anand Rathi Securities Ltd) (”Manager to the Offer”) for and on behalf of Bajaj Hindusthan Ltd (”Acquirer”) has issued this Corrigendum to the Public Announcement to the shareholders of Bajaj Hindusthan Sugar & Industries Ltd (Formerly known as “The Pratappur Sugar & Industries Ltd”) (”Target Company”), which is in continuation of, and should be read in conjunction with the Public Announcement (”PA”) dated December 20, 2007, pursuant to Regulation 11(1) read with 14(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares & Takeovers), 1997 and subsequent amendments thereto (”SEBI (SAST) Regulations”).

The Shareholders of the Target Company are requested to kindly note the following amendments with respect to the PA:-

Terms used but not defined in this Corrigendum shall have the same meaning as assigned in the PA.

1. The Original & Revised schedule of activities are as under:

------------------------------------------------------------------------------------------
Activity				Original Schedule		Revised Schedule
------------------------------------------------------------------------------------------
Specified Date			December 28, 2007		December 28, 2007
Date of Opening of the Offer	February 07, 2008		March 07, 2008
Date of Closing of the Offer	February 29, 2008		March 26, 2008
------------------------------------------------------------------------------------------

2. The Offer Price

Since the equity shares of the Target Company are frequently traded on BSE & since this PA is pursuant to a firm allotment in two separate preferential issues, the average price for 26 week / 2 Week period have been determined with reference to the dates of Board Resolutions which authorised the preferential allotment & accordingly has been revised from earlier Rs 50 (Rupees Fifty Only) to Rs 52.89 (Rupees Fifty-two & paise Eighty-nine Only) per fully paid-up equity share, arrived at as per the Regulation 20(4) of SEBI(SAST) Regulations.

All other terms & conditions of the PA remain unchanged

Bajaj Hindusthan Sugar & Industries Ltd has informed BSE that the members at the 37th Annual General Meeting (AGM) of the Company held on February 23, 2008, inter alia, have accorded the following:

1. Adoption of the audited Balance sheet of the Company as at September 30, 2007, the Profit and Loss Account and Cash Flow Statement for the year ended on that date together with the Reports of the Auditors and the Directors thereon.

2. Re-appointment of Dr. Swatantra Singh Kothari as a Director of the Company, liable to retire by rotation.

3. Re-appointment of M/s. Dalal & Shah, Chartered Accountants as Auditors of the Company to hold office from the conclusion of this Annual General Meeting until the conclusion of the next (38th) Annual General Meeting of the Company, on remuneration, terms & conditions.

4. Appointment of Mr. Pradeep Kumar Mittal, Mr. Rakesh Bhartia, Mr. K S Vaidyanathan & Mr. Gautam Ashra as Director of the Company, liable to retire by rotation.

5. Appointment of Mr. Chandresh Chhaya as the Manager of the Company, to be designated as Manager and Company Secretary, for a period of 5 (five) years commencing from August 01, 2007, on remuneration, terms & conditions.

6. Keeping the Register of Members, index of Members etc. at M/s Intime Spectrum Registry Ltd, Mumbai.