| Offer for Sale for National Aluminium Company Ltd |
This is in continuation of the Exchange notice no. 20170418-24 for Offer for Sale (OFS) by the The President of India acting through and represented by the Ministry of Mines, Government of India, (the “Promoter”) to sell up to 9,66,46,444 (5%) equity shares of the Company of face value of INR 05/- each with an additional option to sell up to 9,66,46,444 (5%) equity shares of National Aluminium Company Ltd.
The Promoter (“Seller”) has now informed the Exchange of its intention to exercise the Oversubscription Option to the extent of 8,14, 23,483 equity shares of the face value of INR 5 each, in addition to 9,66,46,444 Shares forming part of the Base Offer Size. Accordingly the total Offer Size (which is the aggregate of the Base Offer Size and the Oversubscription Option, to the extent exercised) is 17,80,69,927 equity shares of the Company of INR 5 each representing 9.2125 % of the total paid up equity share capital of the Company as on March 31, 2017, in the aggregate.
Consequently, 3,56,13,986 Offer Shares would be available as part of the Offer on April 20, 2017 for subscription by the Retail Investors.
A copy of the letter dated April 19, 2017 submitted by The President of India acting through and represented by the Ministry of Mines, Government of India, (the “Promoter”) is attached for information.
Bhushan Mokashi
Dy. General Manager
Listing Ops & Sales
April 19, 2017
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