BSE has informed the members of the exchange that Cadbury India Ltd will be struck off (delisted) with effect from January 20, 2003 pursuant to the compliance with the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers Regulations 1997) by the acquirer (i.e. that is Cadbury Schweppes Plc and Cadbury Schweppes Mauritius Ltd) together with the persons acting in concert.
The acquirer has agreed to provide an exit option to the existing shareholders at Rs 500 per share at any time during the year from the date of delisting.
BSE Code: 500793