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| Exchange Disseminated Time 18/08/2017 15:05:53 | b4S Solutions Private Limited, is a sole promoter of Swaraj Automotives Ltd (the "Company"), being the selling promoter member proposes to sell 127,200 (One Lac Twenty Seven Thousand and Two Hundred) Equity shares of face value of Rs. 10/- each representing 5.31% of the share capital of the Company on Day of OFS through a sale on the separate window provided by BSE Limited.
Date and time of the opening and closing of the Sale :
- For Non-Retail Investors: August 22, 2017, Tuesday ("T")
The Sale shall take place on a separate window of the Stock Exchanges on T day, commencing at 9:15 a.m. and shall close at 3:30 p.m. on the same date. On the T+1 day, Non-Retail Investors may indicate their willingness to carry forward their bids to T+1 day (defined below).
Please note that only Non-Retail Investors shall be allowed to place their bids on T day, i.e. August 22, 2017, Tuesday.
For Retail Investors (defined below) and for Non-Retail Investors who choose to carry forward their bids: August 23, 2017, Wednesday ("T+1")
The Sale shall continue to take place on a separate window of the Stock Exchanges on T+1 day, commencing at 9:15 a.m. and shall close at 3:30 p.m. (Indian Standard Time) on the same date.
Please note that only Retail Investors shall be allowed to place their bids only on the T+1 day. Further, those Non-Retail investors who have placed their bids on T day and have chosen to carry forward their bids to T+1 day, shall be allowed to revise their bids on T+1 day as per the SEBI OFS Circulars.
(T day and T+1 day, collectively referred to as, "Sale Dates")
Floor Price : The Floor Price for the Sale shall be Rs. 160.00/- (Rupees One Hundred and Sixty only) per share. |
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