Buyback of equity shares of Dalmia Bharat Limited (Scrip code: 542216)

• Notice No: 20200401-5
• Notice Date: 01 Apr 2020
• Category: Company related
• Segment: Equity

1.     Trading Members are hereby informed that Dalmia Bharat Limited (Scrip code: 542216) has announced buyback of its fully paid-up equity shares of face value of Rs. 2/- each from the Open Market through electronic trading mechanism of the Exchange. The Maximum Buyback Price would not exceed Rs. 700/- (Rupees Seven Hundred only) per equity share payable in cash for an aggregate amount not exceeding INR 500,00,00,000/- (Indian Rupees  Five Hundred Crores only).

2.     Proposed timetable for buyback:

Date of Opening of the Buyback on BOLT

Friday, April 3, 2020

Last Date for the Buyback

Earlier of: a)     Thursday, October 1, 2020 (i.e., 6 (six) months from the date of the opening of the Buyback; or b)     when the Company completes the Buyback by deploying the amount equivalent to the Maximum Buyback Size; 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 Buyback), after giving notice of such earlier closure, subject to the Company having deployed an amount equivalent to the Minimum Buyback Size (even if the Maximum Buyback Size has not been reached or the Indicative Maximum Buyback Shares have not been bought back), however, that all payment obligations relating to the Buyback shall be completed before the last date for the Buyback.

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
HDFC Securities Limited	393

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.                                   : 542216

Market Lot                                           : 1 Share

Scrip ID on BOLT System                  : DALBHARAT*

5.     Circuit Filters, Margins, Capital Adequacy Norms, Auction, Close out, 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:

HDFC Bank Limited

Investment Banking Group,

Unit No. 401 & 402, 4th Floor Tower B

Peninsula Business Park, Lower Parel

Mumbai – 400 013

Tel No.: [phone]; Fax No.: [phone]

Email: [e-mail];

Website: www.hdfcbank.com

Investor Grievance E-mail: [e-mail]

SEBI Registration No.: INM000011252

Validity Period: Permanent (unless suspended or cancelled by SEBI)

Contact Person: Ravi Sharma/ Harsh Thakkar

CIN: L65920MH1994PLC080618

• At the Company:

Dr. Sanjeev Gemawat

Executive Director - Legal and Group Company Secretary

Dalmia Bharat Limited

11th and 12th Floor Hansalaya Building,

15 Barakhamba Road, New Delhi, India – 110 001

Tel No.: 011-23465100

Fax No.: 011-23313303

Email: [e-mail]

·        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)

Rupal Khandelwal

Senior Manager

April 01, 2020