Ambit Corporate Finance, on behalf of Alltime Mercantile Company and others acting in concert, today made a public announcement for buying up to 50,000 shares of Rs 50 each, representing 20% shares of Dawn Mills Company, at Rs 4,644 per share.According to a release issued by Dawn Mills to the BSE today, the specified date of the offer is December 16, 2005. The offer will open on January 13, 2006 and close on February 1, 2006, the release added.The shares of Dawn Mills closed at Rs 4,104 on the BSE today. The offer is thus at a premium of 13% (Rs 540).
