UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE TO
Tender Offer Statement under Section 14(d)(1) or 13(e)(1)
of the Securities Exchange Act of 1934
(Amendment No. _______)
The India Fund, Inc.
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(Name of Subject Company (issuer))
The India Fund, Inc.
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(Names of Filing Persons (identifying status as
offeror, issuer or other person))
Common Stock, Par Value $.001 Per Share
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(Title of Class of Securities)
454089103
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(CUSIP Number of Class of Securities)
Barbara Pires, Assistant Secretary
The India Fund, Inc.
CIBC World Markets Corp.
622 Third Avenue
New York, New York 10017
(212) 667-4711
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(Name, address, and telephone numbers of person authorized
to receive notices and communications on behalf of filing persons)
With a copy to:
Cynthia G. Cobden, Esq.
Simpson Thacher & Bartlett
425 Lexington Avenue
New York, NY 10017
(212) 455-2000
Calculation of Filing Fee
Transaction valuation* Amount of filing fee
Not Applicable Not Applicable
*Set forth the amount on which the filing fee is calculated and state how it
was determined.
/_/ Check the box if any part of the fee is offset as provided by Rule
0-11(a)(2) and identify the filing with which the offsetting fee was
previously paid. Identify the previous filing by registration statement
number, or the Form or Schedule and the date of its filing.
Amount Previously Paid:
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Form or Registration No.:
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Filing Party:
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Date Filed:
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/X/ Check the box if the filing relates solely to preliminary
communications made before the commencement of a tender offer.
Check the appropriate boxes below to designate any transactions to which the
statement relates:
/_/ third-party tender offer subject to Rule 14d-1.
/X/ issuer tender offer subject to Rule 13e-4.
/_/ going-private transaction subject to Rule 13e-3.
/_/ amendment to Schedule 13D under Rule 13d-2.
Check the following box if the filing is a final amendment reporting the
results of the tender offer: /_/
Items 1 - 11.
Not applicable.
Item 12. Exhibits.
Text of Press Release issued by The India Fund, Inc. on February 4, 2002.
THE INDIA FUND, INC. ANNOUNCES TENDER OFFER
NEW YORK, February 4, 2002 - The India Fund, Inc. (the
"Fund") announced today that the Fund's Board of Directors has approved a
tender offer to be conducted during the third quarter of 2002 for up to 10% of
the Fund's outstanding shares as of the commencement of the offer.
The tender offer will be for cash at a 5% discount from the
net asset value per share at the termination of the offer and would be in
addition to the share repurchase program previously announced by the Fund.
The India Fund, Inc. is a closed-end management investment
company that seeks long-term capital appreciation by investing primarily in
equity securities of Indian companies. The Fund is traded on the New York
Stock Exchange under the trading symbol "IFN". Advantage Advisers, Inc., a
subsidiary of CIBC World Markets Corp., serves as Investment Manager to the
Fund. Advantage India, Inc., a subsidiary of CIBC World Markets Corp. serves
as country adviser to the Fund.
This announcement is not an offer to purchase nor a
solicitation of an offer to sell shares. An offer will be made only by an
Offer to Purchase and the related Letter of Transmittal. Offers to Purchase
and their related Letters of Transmittal when available should be read by
stockholders because they will contain important information. Stockholders may
obtain free of charge, when available, the Offers to Purchase and Letters of
Transmittal from the web site of the Securities and Exchange Commission. The
Fund will also make available to its stockholders, without charge, the Offers
to Purchase and Letter of Transmittal.
Periodically updated information on the Fund can be obtained
through the Fund's toll-free phone line at (800) 421-4777. Information
provided includes a recorded update reviewing the Fund's top holdings, net
asset value, performance and other information.
For general information, contact Barbara Pires, 212 667-4711.
Item 13. Information Required by Schedule 13E-3.
Not applicable.