Purchase of Yokogawa India shares by Yokogawa Corporation Ltd.

 

  

Further to our Application Offer for Delisting the shares of Yokogawa India Limited and as per the undertaking, we had given to Bombay Stock Exchange, we hereby offer to purchase the Shares of Yokogawa India Limited at Rs.478 per share till after six months of the delisting of the shares from Stock Exchanges.

 

The shareholders who are interested to surrender their shares are requested to follow the following procedures. 

 

1.                  You are requested to complete this application form, which is attached here below.

Click here to open the Application Form for Demat Shares

 

Click here to open the Application Form for Shares in Physical Form

 

2.                  For shareholders holding shares in demat form:

 

a. You are requested to deposit your shares to the following Beneficialry Account.

 

D P ID

IN 301926

D P NAME

Karvy Stock Broking Limited

CLIENT ID

30227821

CLIENT NAME

Yokogawa Electric Corporation

ISIN NO.

INE-718A01019

 

Please note that all such transfers should be “off – market” mode.

 

b. A photocopy or counterfoil of the delivery instruction to the depository participants of your depository account (duly acknowledge by such depository participant), crediting your shares to the above depository account should be attached to the application form.

 

c. If you hold in Shares through Central Depository Services (India) Limited (CDSL), your Depository Participant Instruction will have to take the form of an inter-depository delivery instruction to CDSL for the purpose of crediting your Shares in favour of the Beneficiary Depository Account (as stated above) with National Securities Depository Limited (NSDL).

 

3.                  For shareholders holding shares in physical form:

 

a.       Shareholders of physical share certificates who wish to offer their Shares should ensure to forward the original physical share certificate(s) along with the valid share transfer deed/form(s) duly signed as transferors by all registered Shareholders (in case of joint holdings) in the same order and as per specimen signatures registered with the Company and duly witnessed at the appropriate place.

b.      Shareholders should provide all relevant documents, which are necessary to ensure transferability of the Shares in respect of which the Application Form is being sent failing which the tender would be considered invalid and would be liable to be rejected. Such documents may include (but not be limited to):

·        Duly attested death certificate and succession certificate (in case of single shareholder) in case the original shareholder has expired.

·        Duly attested power of attorney if any person apart from the shareholder has signed Application form or transfer deed(s).

·        No objection certificate from any lender, if the Shares in respect of which the Application is sent, were under any charge, lien or encumbrance.

·        In case of companies, the necessary certified corporate authorizations (including board and/or general meeting resolutions).

 

4.                  NON RESIDENT SHARE HOLDERS

                    

    a. Shareholders not resident in India (Non-Resident Shareholders) will also need to enclose a copy of the original permission  received by them from the Reserve Bank of India in relation to the acquisition of the Shares and also:

 

    i.   If the Non-Resident Shareholder's equity shares are held on a repatriation basis, the Non-Resident Shareholder must obtain and enclose with the Application Form, a letter from his/her/their authorised dealer/bank confirming that at the time of the acquisition of such equity shares, payment for the same was made by the Non-Resident Shareholder from the appropriate account (e.g. NRE alc) as specified by RBI in its approval.

    ii.   If the Non-Resident Shareholder is not in a position to produce the letter referred to in Clause "a(i)" above, his/her/its tendered Shares will be deemed to have been acquired on a non-repatriation basis and in such a case, the Non-Resident Shareholder must submit a consent letter addressed to the Acquirer, allowing the Acquirer to make the payment on a non-repatriation basis in respect of such shares.

  b.      If any of the documents referred to in Clause “a" above are not enclosed along with the Non-Resident Shareholder's Application Form, such Shareholder's Application may be treated as invalid.

  c.      Non-Resident Shareholders should also enclose copies of any other statutory/legal/corporate approvals as may be applicable.

 

5.                  Deliver the Application Form alongwith necessary documents as per above by hand or Registered Post (at your own risk) to the following address with the necessary enclosures:

 

Yokogawa Electric Corporation, Japan

C/o – Yokogawa India Limited

Plot No.96, 3rd Cross,

Electronics City Complex, Hosur Road,

Bangalroe – 560 100.

 

Name of Contact Person: Jyothi Dhongdekar

Phone No. 080-41586000                  Fax No. 080-28521442

  

6.                  Your application will be processed for payment only after confirmation of the credit of the shares from the Depository Participant or verification of the shares certificates by the Registrar of Company.

7.                  Tax will be deducted at source as per tax laws applicable to various category of shareholders.

 

The approximate time for processing your application will take 10 days from the date of receipt your application.  

 

All payments will be sent to your address mentioned in your application by registered post only.

 

 

Regards,

 

 

For YOKOGAWA ELECTRIC CORPORATION, JAPAN

 

 

 

 

Authorised Signatory