Notice Number

NOTICES

Notice No.	20200529-1	Notice Date	29 May 2020

Category	Company related	Segment	Equity

Subject	Buyback of the shares of Kalpataru Power Transmission Limited (Scrip code: 522287)



Content

1. Trading Members are hereby informed that Kalpataru Power Transmission Limited (Scrip code: 522287) 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. 275/- (Rupees Two Hundred Seventy-Five only) per equity share payable in cash for an aggregate amount not exceeding Rs. 200 Crores (Rupees Two Hundred Crores Only).

2. Proposed timetable for buyback:

Date of Opening of the Buyback on BOLT

Monday, June 1, 2020

Last Date for the Buyback

Earlier of:

a) November 30, 2020 (i.e., within six months from the date of commencement 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.

3. Broker Members for buyback:

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

Name of the Member	Clearing No
ITI Securities Broking Limited	176

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. : 522287

Market Lot : 1 Share

Scrip ID on BOLT System : KALPATPOWR*

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: