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 December 09, 2016. 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 Mr. R Satchidanandam (“Acquirer 1”), Mr. R Jeya Kumar (“Acquirer 2”) and Mr. K Veluchamy (“Acquirer 3”) (hereinafter collectively referred to as the “Acquirers”) are hereby making offer to the Public Shareholders for Delisting of Equity Shares and to acquire 13,26,600 fully paid equity Shares representing 25.05% of the total Paid Up Equity Share Capital of Rajparis Civil Constructions Limited ( the “Company “ / “RCCL”) from the Public Shareholders of the Company at a floor price of Rs 40/-per equity share of the face value of Rs. 10/- each pursuant to a Reverse Book Building Process in accordance with the Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2009 as amended (the “Delisting Regulations”) from Wednesday, February 26, 2020 to Tuesday, March 3, 2020.
The equity shares of Rajparis Civil Constructions Limited are currently listed on Metropolitan Stock Exchange of India Limited (MSEI).
Market participants are further requested to note that the details of this Offer to Buy would be available on BSE Website – www.bseindia.com.
Atul Dhotre
Senior Manager
Listing Sales & Ops
February 24, 2020
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