Trading and Custodian Members of the Exchange are requested to refer to notice nos. 20160218-33 dated February 18, 2016, detailing Revised Guidelines for Bidding in Offer for Sale (OFS) Segment. The above guidelines were issued by the Exchange with reference to Securities and Exchange Board of India (SEBI) circular no. CIR/MRD/DP/36/2016 dated February 15, 2016, regarding “Review of Offer for Sale (OFS) of Shares through Stock Exchange Mechanism”.
All Market Participants are hereby informed that Widescreen Holdings Private Limited, a constituent of the promoter group of RMG Alloy Steel Limited (the “Company”), being the selling promoter member proposes to sell 12,791,980 equity shares of face value of Rs.6/- each representing 11.7968 % of the share capital of the Company on 17th April, 2018 (for non-Retail Investors only) and on 18th April, 2018 (for Retail Investors and for non-Retail Investors who choose to carry forward their bids) through a separate, designated window of the BSE Limited in accordance with (i) SEBI OFS Circular (ii) Notice No. 20120727-26 dated July 27, 2012, Notice No. 20130129-23 dated January 29, 2013, Notice No. 20140902-33 dated September 2, 2014, Notice no. 20150122-30 dated January 22, 2015 and Notice No. 20150702-28 dated July 2, 2015 issued by BSE Limited (the “Sale”). The particulars of the above offer for sale are attached to this notice.
The Floor Price for the Offer shall be Rs. 12/- (Rupees Twelve only) per equity share
Market participants are further requested to note that the Exchange would disseminate the details of this Offer for Sale on BSE Website – www.bseindia.com.
Bhushan Mokashi
Additional General Manager
Listing Sales & Ops
April 16, 2018 |