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 De-listing, vide its circular no. CIR/CFD/POLICYCELL/1/2015 dated April 13, 2015 and no. CFD/DCR2/CIR/P/2016/131 dated Dec 09, 2016. The Exchange vide its notice no. 20170210-16 dated Feb 10, 2017, 20190207-23 dated 07 Feb 2019 and 20200528-32 dated 28 May 2020 has issued 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 an offer for delisting of equity shares of MULTIMETALS LIMITED (the “Company”/ “MML”) is being made to the public shareholders of MML from Mr. Rajendra Agrawal, Mr. Vasudev Agrawal, Mr. Ajay Agrawal, Mrs. Aparna Agrawal, Mrs. Malti Agrawal, Mrs. Jyoti Agrawal, (hereinafter collectively referred to as the “Acquirers”) inviting public equity shareholders, holding in aggregate 19,13,174 fully paid–up equity shares of face value of Rs. 10/- each, representing 16.01% of the total equity shares of MML to tender their paid-up equity shares at Floor Price of Rs. 48.80/- (Rupees Forty Eight and paisa Eighty only) per equity share, pursuant to Reverse Booking Building process in accordance with the Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2009 as amended (the “Delisting Regulations”) , from June 25, 2020 to July 01, 2020.
The equity shares of MULTIMETALS LIMITED are listed on The Calcutta Stock Exchange Limited (CSE) from where they are sought to be de-listed
Bhushan Mokashi
Additional General Manager
Listing Sales & Ops
June 24, 2020
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