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NOTICES
Notice No.   20190611-16   Notice Date   11 Jun 2019
Category   Trading   Segment   Equity
Subject   Opening of Offer to Buy – Acquisition Window (Delisting) for Mack Trading Company 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. The Exchange vide its notice no. 20190424-35 dated April 24, 2019 has issued a 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 Mrs. Rita Pavankumar (“Acquirer”) have announced the Delisting Offer to the Public Shareholders of the Mack Trading Company Limited (the “Company”) holding in aggregate 1,54,450 fully paid–up equity shares of face value of Rs. 10/- each, representing 45.03% of the total paid-up equity share capital of the Company, in respect of Delisting of equity shares of the Company from BSE in accordance with the Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2009 as amended (“Delisting Regulations”) from June 14, 2019 to June 20, 2019.

 

 

Floor Price: Rs. 73.76 (Rupees Seventy-Three and Paise Seventy-Six Only)

 

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

Additional General Manager

Listing Sales & Ops

June 11, 2019