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NOTICES
Notice No.   20200811-37   Notice Date   11 Aug 2020
Category   Company related   Segment   Equity
Subject   Listing of Warrants of Housing Development Finance Corporation Limited
 
Content

Trading Members of the Exchange are hereby informed that they are permitted to trade in the under mentioned new securities of Housing Development Finance Corporation Limited (“the Company”) with effect from Thursday, August 13, 2020.

 

Warrants

17,057,400 Warrants allotted to Qualified Institutional Buyers (QIBs) under Chapter VI of SEBI (ICDR) Regulations, 2018, in terms of regulation 28(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Scrip Code

961912

Group

W

Market Lot

600

Date of Allotment

August 11, 2020

Warrant Issue price

Rs.180/-.

Issue price of Rs 180 per Warrant is neither adjustable with the Warrant Exercise Price nor refundable by the Company.

Warrant Exercise Price

Rs. 2,165/-

Warrant Exercise Ratio

One Equity Share for each Warrant.

Scrip ID on BOLT System

HDFCW3

Detail Name on the Bolt System

HDFCW3

ISIN No.

INE001A13049

Distinctive numbers

1 to 17057400

Warrant Exercise Period

The warrants may be exercised within 36 months from the date of allotment i.e. on or before August 10, 2023.

 

Further, the Trading Members may please note that the above-mentioned scrip will be a part of Special Pre-open Session (SPOS) on Thursday, August 13, 2020. For further information on SPOS, the trading members are requested to refer to the Exchange’s notice no.20120216-29 dated February 16, 2012 on Enabling Special Pre-open Session for IPO’s & Relisted Scrips.

The tick size is 5 paise for all these securities.

For detailed terms and conditions of the Warrants, Trading Members of the Exchange may refer the placement document available at http://www.bseindia.com/corporates/qip.aspx or on the Company’s Website on www.hdfc.com.

Members may note that the aforesaid security of the Company will be traded only in dematerialised form under ISIN Numbers as mentioned above.

In case trading members require any clarification on the subject matter of the notice, they may please contact Mr. Raghavendra Bhat on Tel. Nos. 022 2272 8915. 

 

Rupal Khandelwal

Senior Manager

August 11, 2020