Notice No.   20200224-4   Notice Date   24 Feb 2020
Category   Company related   Segment   Equity
Subject   Buyback of the shares of Goldiam International Limited (Scrip code: 526729 )


1.     Trading Members are hereby informed that Goldiam International Limited (Scrip code: 526729) has announced buyback of its fully paid-up equity shares of face value of Rs. 10/- each from the Open Market through electronic trading mechanism of the Exchange. The Maximum Buyback Price would not exceed Rs. 160/- (Rupees One Hundred & Sixty Only) per equity share payable in cash for an aggregate amount not exceeding INR 12,36,91,680/- (Indian Rupees Twelve Crore Thirty-Six lacs Ninety One Thousand Six Hundred and Eighty Only).


2.      Proposed timetable for buyback:


Date of Opening of the Buyback on BOLT

Tuesday, February 25, 2020

Last Date for the Buyback

Earlier of:


a)   Monday, August 24, 2020 (i.e. within 6 months from the date of the opening of the Buy Back;


b)   when the Company completes the Buy Back by deploying the amount equivalent to the Maximum Buy Back Offer Size or completes the Buy Back by acquiring Maximum Buy Back Shares; or


c)     at such earlier date as may be determined by the Board (including a committee thereof, constituted by the Board or persons nominated by the Board/committee to exercise its powers, and/or the powers conferred by the Board resolution in relation to the Buy Back), after giving notice of such earlier closure, subject to the Company having deployed an amount equivalent to the Minimum Buy Back Offer Size (even if the Maximum Buy Back Offer Size has not been reached or the Maximum Buy Back Shares have not been bought back), however, that all payment obligations relating to the Buy Back shall be completed before the last date for the Buy Back.


3.      Broker Members for buyback:


The company has appointed the following BSE Trading Members through whom the purchases and settlement on account of the buyback would be made:


Name of the Member           

Clearing No

Trust Financial Consultancy Services Private Limited



4.      Details of Shares held in DEMAT Form.

The Trading Members may note that the Equity Shares held in DEMAT form can be offered for Buyback to the Company in rolling settlement, as per details mentioned below:


Scrip Code No.                                   : 526729

Market Lot                                          : 1 Share

Scrip ID on BOLT System                  : GOLDIAM*


5.      Circuit Filters, Margins, Capital Adequacy Norms, Auction, Close out, Bad Delivery, Arbitration, etc. are applicable in case of buyback as in the case of the normal trading.


6.      Institutional Investors are allowed to participate in the buyback.


7.      The documents are available in Department of Corporate Services for inspection. In case of any queries /clarifications on the scheme of buyback, Trading Members may please contact the under mentioned persons:


  • Merchant Banker to the Buyback:

Trust Investment Advisors Private Limited 

109/110, Balarama, 1st Floor, Village Parigkhari,

Bandra Kurla Complex,

Bandra [East], Mumbai 400051.

Tel: 91 22 4084 5000

Fax: 91 22 4084 5007



SEBI Registration No.: INM000011120

Contact Person: Mr. Ankur  Jain


  • At the Company:

Pankaj Parkhiya

Company Secretary & Compliance Officer

Address: Gems & Jewellery Complex, S.E.E.P.Z.

Andheri (E), Mumbai - 400096.

Tel: 022-28291893

Fax: 022-28292885



·         At the Exchange:

Clearing & Settlement Department -

Mr. Nilesh Shah/Ajay Darji - Extn: 022-2272-8704/8468 (For Clearing & Settlement)


Trading Department -

Trading Operations - Extn: 022-2272- 8376 (For Trading Related)


Help desk - Extn: 61363100 (Hunting) (For BOLT System)


Listing Operations Department –

Mr. Raghavendra Bhat - Extn: 022-2272-8915 (For General Queries)



Bhushan Mokashi

Additional General Manager

February 24, 2020