Notices
Notice No20170210-13Notice Date10 Feb 2017
CategoryTradingSegmentEquity
SubjectOpening of Offer to Buy – Acquisition Window (Delisting) for Anupama Steel Limited
Content

Trading Members and Custodians are requested to note that Securities Exchange Board of India (SEBI) has issued Mechanism for acquisition of shares through Stock Exchange pursuant to Tender-Offers under Takeovers, Buy Back and vide its circular no. CIR/CFD/POLICYCELL/1/2015 dated April 13, 2015 and no. CFD/DCR2/CIR/P/2016/131 dated Dec 09, 2016. The Exchange vide its notice no. 20170202-34 dated Feb 02, 2017, has issued Revised Guidelines of Mechanism for acquisition of shares through Stock Exchange pursuant to Tender-Offers under Takeovers, Buy Back and Delisting.

 

All Market Participants are hereby informed that Mr. Kishorechand Bansal (“Acquirer 1”), Mrs. Gulshan Bansal (“Acquirer 2”),  Mrs. Puneet Bansal(“Acquirer 3”) and Mr. Shrenik Diwanji (“Acquirer 4”)  are making this delisting offer to the Public Shareholders of the Company (Delisting Offer - of 9,95,920 Equity Shares (Offer Shares) representing 49.80%  of the total Share Capital paid-up of  face value of Rs. 10 /- each of Anupama Steel Limited), pursuant to Regulation 5A of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations (“SEBI (SAST) Regulations”) read with the Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2009 (“Delisting Regulations”), and are inviting the Public Shareholders to tender their fully paid-up equity shares from 14th February, 2017 to 20th February, 2017.

 

Floor Price: Rs.40/- (Rupees Forty only)

Market participants are requested to note that the company is listed on Metropolitan Stock Exchange of India Limited and Ahmedabad Stock Exchange Limited the Delisting Offer shall be conducted only on BSE platform (OTB).

Market participants are further requested to note that this offer will be as per the Revised Guidelines of SEBI circular no. CFD/DCR2/CIR/P/2016/131 dated Dec 09, 2016 and Exchange notice no. 20170202-34 dated Feb 02, 2017 and the details of this Offer to Buy would be available on BSE Website – www.bseindia.com.

Market participants are further requested to note that the details of this Offer to Buy would be available on BSE Website – www.bseindia.com.

 

 

Bhushan Mokashi

Dy. General Manager

Listing Sales

February 10 , 2017