Tripex Overseas Ltd. Company History and Annual Growth Details

TRIPEX OVERSEAS LIMITED (TOL) was incorporated as a Public limited company on 8th September, 1995 and obtained Certificate of Commencement of Business on 12th day of September, 1995, from R.O.C. (Gujarat), Ahmedabad.

Tripex Overseas Limited was promoted by Mr. Saurin Shah, Mr. Jayesh Mehta & Mrs. Chaula Shah for the purpose of the business of domestic and Export of various commodities specially for Dyes intermediates, pharmacueticals, cosmetics, detergent etc.

PRESENT BUSINESS:

At present the company has already started its business operation in the domestic market for dyes, chemicals & textiles. The company is purchasing the goods from the manufacturers and selling to the end users/traders. The Company has also appointed one M.B.A. (Marketing) for
Export marketing & one Export Executives and received the export orders of Rs. 54 lacs. The company is operating on limited scale due to limited resources at the disposal of the company. However the company intends to expand its activity with the help of proceeds of this issue. The
details of the orders in hands are as under:

Name of Party Country Order date Last date Amount
of execution in $

Shayam Enterprises Kenya 30.9.1995 29.3.1995 165880

2005

-Vivro Financial Services Pvt Ltd ('Manager to the Offer') on behalf of M/s Surbhi Capital & Finance Pvt Ltd, M/s Lakhani Marketing Pvt Ltd, Mr. Manindersingh S Jolly and Mr. Ashok P Jain who are acting in concert with each other for the purpose of this open offer ('Acquirers') and to the fully paid equity shares of Tripex Overseas Ltd ('Target Company'), pursuant to provisions of Regulations 10, 11(1) and 12 and in compliance with the Securities & Exchange Board of India (Substantial Acquisition of Shares and Takeovers) regulation, 1997 ('Regulations') and subsequent amendments thereto has announced as below: The Acquirers are making Open Offer in terms of the Securities & Exchange Board of India (Substantial Acquisition of Shares and Takeover) Regulations, 1997 to the fully paid equity shareholders of the Target Company to acquire 10,20,000 equity shares representing 20% of the total equity shares capital of the Company and 20.02% of the total voting capital of the Target Company at a price of Rs 10/- per equity shares payable in cash ('Offer price'). The individual Acquirers shall acquire such shares in the following numbers:

2006

-Delist securities from the Ahmedabad Stock Exchange Ltd (ASE) w.e.f. February 27, 2006.

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