GOVERNMENT OF INDIA

MINISTRY OF FINANCE

DEPARTMENT OF DISINVESTMENT

 

Corrigendum to the Invitation to Register Interest for participation in acquiring shares of Maruti Udyog Limited (MUL) from the Government of India (GOI)

 

This announcement is neither a prospectus nor an offer or invitation to subscribe for or purchase the shares of Maruti Udyog Limited, nor should it be taken to be a recommendation with respect to the said shares. Securities may not be offered or sold in any jurisdiction except in compliance with applicable securities laws. This announcement may not be taken or transmitted into any jurisdiction where such transmission is illegal. The Institutions submitting an Expression of Interest should assess the risks associated with investments in equity shares and make their own investment decisions, neither the GoI nor the Advisors to the GoI make any recommendation in this regard.

 

Please refer to our announcement in The Financial Express, The Business Standard and The Economic Times dated the  February 22, 2007 and the request for the Expression of Interest appearing on the website [•].

 

Please note that in respect of Paragraph 6.2 (Restriction on maximum holding of shares in MUL), the GOI in its sole discretion may waive the conditions set out in Paragrapgh 6.2 for specified Institutions, subject to certain conditions.

 

ENQUIRIES  

Contact Persons and numbers:

 

GOI
Shri S.K.Nag, Deputy Secretary Department of Disinvestment Tel. No. 011-24368522 Fax No. Email: s.k.nag@nic.in	Shri C.P.Katyal, Under Secretary Department of Disinvestment Tel No. 011-24368532 Fax No.011-24366524 Email: c.p.katyal@nic.in

 

               

Advisors
SBI Capital Markets Limited	Kotak Mahindra Capital Company Limited
202, Maker Tower ‘E”, 20th Floor, Cuffe Parade, Mumbai – 400 005 Tel: +91 22 2218 9166-69 Fax: +91 22 2218 8332 Contact Person : Rahul Agarwal Email:rahul.agarwal@sbicaps.com	3rd Floor, Bhaktawar, 229, Nariman Point, Mumbai – 400 021 Tel: +91 22 6634 1100 Fax: + 91 22 2283 7517 Contact Person: Vinay Menon Email: maruti.divest@kotak.com

                 

 

 

 

 

 

 

 

 

 

 

 

 

 

GoI, Kotak Mahindra Capital Company Limited and SBI Capital Markets Limited reserve the right not to respond to question (s) raised or provide clarifications sought, in their sole discretion, if it is considered that it would be inappropriate to do so. Nothing in this section shall be taken or read as compelling or requiring GoI, Kotak Mahindra Capital Company Limited and SBI Capital Markets Limited to respond to any question or to provide any clarification.

 

All other terms and conditions of the Invitation remain the same.

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Kotak Mahindra Capital Company Limited and SBI Capital Markets Limited are acting solely for the GoI and no other party in connection with the proposed divestment process and will not be responsible or liable to any other person for any matters in relation to this sale process. 

This announcement does not constitute a commitment on the part of the GoI, Kotak Mahindra Capital Company Limited or SBI Capital Markets Limited.  Furthermore, this announcement confers neither the right nor expectation on any party to be selected to participate in the divestment process. The GoI, reserves the right to accept/reject any offer at any stage of the sale process and/or withdraw the sale process or any part thereof or to vary any of its terms at any time without giving any reason.