Ex(a)(1)(C)
Notice of
Guaranteed Delivery
for
Tender of Ordinary Shares
of
TARO PHARMACEUTICAL INDUSTRIES
LTD.
to
ALKALOIDA CHEMICAL COMPANY EXCLUSIVE GROUP LTD.
a
subsidiary of
SUN
PHARMACEUTICAL INDUSTRIES LTD.
(Not to
be used for Signature Guarantees)
This Notice of Guaranteed delivery, or a form substantially
equivalent hereto, must be used to accept the Offer (as defined
below) (i) if certificates (“Share
Certificates”), evidencing Ordinary Shares, nominal (par)
value NIS 0.0001 per share (“Ordinary Shares”), of
Taro Pharmaceutical Industries Ltd. (the “Company”),
an Israeli corporation, are not immediately available,
(ii) if Share Certificates and all other required documents
cannot be delivered to Computershare, as depositary (the
“Depositary”), prior to the Expiration Date (as
defined in Section 1 of the Offer to Purchase (as defined
below)) or (iii) if the procedure for delivery by
book-entry transfer cannot be completed on a timely basis. This
Notice of Guaranteed Delivery may be delivered by hand or mail
or transmitted by telegram, or facsimile transmission to the
Depositary. See Section 3 of the Offer to Purchase.
The Depositary for the Offer is:
COMPUTERSHARE
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By Mail:
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By Facsimile Transmission:
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By Overnight Courier:
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Computershare
c/o Voluntary Corporate Actions
P.O. Box 43011
Providence, RI
02940-3011
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For Eligible Institutions Only: (617) 360-6810
For Confirmation Only Telephone: (781) 575-2332
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Computershare
c/o Voluntary Corporate Actions
250 Royall Street
Canton, MA 02021
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DELIVERY OF THIS NOTICE OF GUARANTEED DELIVERY TO AN ADDRESS
OTHER THAN AS SET FORTH ABOVE, OR TRANSMISSION OF
INSTRUCTIONS VIA FACSIMILE TRANSMISSION OTHER THAN AS SET
FORTH ABOVE, WILL NOT CONSTITUTE A VALID DELIVERY.
This form is not to be used to guarantee signatures. If a
signature on a Letter of Transmittal is required to be
guaranteed by an “Eligible Institution” under the
instructions thereto, such signature guarantee must appear in
the applicable space provided in the signature box on the Letter
of Transmittal.
Ladies and Gentlemen:
The undersigned hereby tenders to Alkaloida Chemical Company
Exclusive Group Ltd. (“Purchaser”), a Hungarian
company and a subsidiary of Sun Pharmaceutical Industries Ltd.
(“Sun”), an Indian company, upon the terms and subject
to the conditions set forth in the Offer to Purchase, dated June
30, 2008 (the “Offer to Purchase”), and the related
Letter of Transmittal (which, together with the Offer to
Purchase and any amendments or supplements thereto, collectively
constitute the “Offer”), receipt of each of which is
hereby acknowledged, the number of Ordinary Shares specified
below pursuant to the guaranteed delivery procedure set forth in
Section 3 of the Offer to Purchase.
Number of Ordinary
Shares:
Certificate Nos. (If Available):
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Check this box if Ordinary Shares will be delivered by
book-entry transfer:
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Book-Entry Transfer Facility
Signature(s) of
Holder(s)
Dated:
,
200
Please Type or Print
Address
Zip Code
Daytime Area Code and Telephone
No.
GUARANTEE
(Not to be used for signature guarantee)
The undersigned, a participant in the Security Transfer Agents
Medallion Program or an “eligible guarantor
institution,” as such term is defined in Rule 17 Ad-15
under the Securities Exchange Act of 1934, as amended,
guarantees to delivery to the Depositary either certificates
representing the Ordinary Shares tendered hereby, in proper form
for transfer, or confirmation of book-entry transfer of such
Ordinary Shares into the Depositary’s account at The
Depositary Trust Company, in each case with delivery of a
properly completed and duly executed Letter of Transmittal (or
facsimile thereof), with any required signature guarantees, or,
in the case of a book-entry transfer, confirmation of the
book-entry transfer of such Ordinary Shares in the
Depositary’s account and The Depositary Trust Company,
together with an Agent’s Message (as defined in the Offer
to Purchase), in each case together with any other documents
required by the Letter of Transmittal, within three Nasdaq
National Market trading days (as defined in the Offer to
Purchase) after the date hereof.
The Eligible Institution that completes this form must
communicate the guarantee to the Depositary and must deliver the
Letter of Transmittal and certificates for Ordinary Shares to
the Depositary within the time period shown herein. Failure to
do so could result in a financial loss to such Eligible
Institution.
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Name of
Firm:
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Authorized Signature
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Address:
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Name:
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Please Type or Print
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Title:
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Zip Code
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Area Code and Tel.
No.:
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Dated:
,
2008
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