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NOTICES
Notice No.   20190610-24   Notice Date   10 Jun 2019
Category   Trading   Segment   Equity
Subject   Offer for Sale for Xchanging Solutions Limited
Attachments   Oversubscription notice.pdf ;
Content

This is in continuation of the Exchange notice no. 20190607-50 dated June 07, 2019 for Offer for Sale (OFS) by the seller to sell up to 8,799,730 equity shares of Xchanging Solutions Limited of face value of INR 10/- each with an additional option to sell up to 8,799,731 equity shares of the Company.

The Promoter {“Seller – Xchanging Technology Services India Private Limited”} has informed the Exchange of its intention to exercise the Oversubscription Option in the Offer to the extent of 8,799,731(7.90%) Equity Shares in addition to 8,799,730 (7.90%) Equity Shares forming part of the Base Offer Size. Accordingly, the aggregate number of Sale Shares will be up to 1,75,99,461 Equity Shares (representing 15.80% of the total issued and paid-up equity share capital of the Company) of which, up to 17,59,946 Equity Shares would be available, for retail investors and non-retail investors who choose to carry forward their bids as part of the Offer on T+1 day, i.e. June 11, 2019.

 

Bhushan Mokashi                           

Additional General Manager

Listing Sales & Ops

June 10, 2019