1. Trading Members are hereby informed that OnMobile Global Limited (Scrip code: 532944) 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. 28/- (Rupees Twenty-Eight only) per equity share payable in cash for an aggregate amount not exceeding Rs. 5,410 lakhs/ (Rupees Five Thousand Four Hundred and Tens lakhs only) (“Maximum Buy-back Size”).
2. Proposed timetable for buyback:
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Date of Opening of the Buyback on BOLT
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April 24, 2020
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Last Date for the Buyback
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Earlier of:
(a) October 23, 2020 (i.e., 6 months from the date of the
opening of the Buy-back);
or
(b) when the Company completes the Buy-back by deploying the amount equivalent to the Maximum Buy-back Size;
or
(c) at such earlier date as may be determined by the Board /or its duly authorized Buy-back committee, after giving notice of such earlier closure, subject to the Company having deployed an amount equivalent to the Minimum Buy-back Size (even if the Maximum Buy-back Size has not been reached or the Maximum Buy-back Shares have not been bought back), however, that all payment obligations relating to the shares bought back shall be completed before the last date for the Buy-back.
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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:
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Name of the Member
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Clearing No
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R.L.P. Securities Private Limited
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3024
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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.: 532944
Market Lot : 1 Share
Scrip ID on BOLT System: ONMOBILE*
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:
Karvy Investor Services Limited
Plot No.31, 8th Floor, Karvy Millennium,
Nanakramguda, Financial District, Gachibowli,
Hyderabad -500 032, Telangana. India
Tel.:+91 040 23428774
Fax:+91 040 23374714
Contact Person: Mr.P.Balraj / Mr.M.P.Naidu
Email: cmg@karvy.com
Mr. P V Varaprasad (Company Secretary & Compliance Officer)
Tower 1, 94/1C and 94/2, Veerasandra Village,
Attibele Hobli, Anekal Taluk,
Electronic City Phase-1,
Bangalore- 560100
Tel No.: +91- 080 40096000
Fax No.: +91- 080 40096009
Email: Investors@onmobile.com
· 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: 022-2272-8915/8995 (For General Queries)
Rupal Khandelwal
Senior Manager
April 23, 2020
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