Mark Corporate Advisors Pvt Ltd ('Manager to the Open Offer') for and on behalf of Mr. Joseph Sudheer Reddy Thumma ('Acquirer1') and Mr. Jagan Mohan Reddy Thumma ('Acquirer 2') ('Acquirers') has informed this Offer Opening Public Announcement to the Shareholders of South India Projects Ltd ('Target Company'), pursuant to Regulation 18(7) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as amended ('SEBI (SAST) Regulations, 2011'), in respect of the Open offer to acquire 7,88,700 Equity Shares of Rs. 10 each of the Target Company representing 26% of the Equity Share Capital and voting capital of the Target Company. The Detailed Public Statement ('DPS') with respect to the offer was published on April 13, 2015.
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