Opening of Offer to Buy – Acquisition Window (Delisting) for Shyam Telecom Limited

• Notice No: 20210104-21
• Notice Date: 04 Jan 2021
• Category: Trading
• Segment: Equity

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, 20200528-32 dated 28 May 2020 and 20201102-43 dated 02 Nov 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 voluntary delisting of equity shares is made by Intell Invofin India Private Limited (“Acquirer”) to the public shareholders of Shyam Telecom Limited (the “Company”) to acquire 38,14,125 equity shares representing 33.84% of the total paid up equity share capital of the Company from the Public Shareholders, at the floor price of Rs. 6.15/- (Rupees Six and Fifteen Paise only) per equity share of face value of Rs. 10/- each of the Company (“Equity Shares”) through the reverse book-building process in accordance with the SEBI Delisting Regulations, from January 07, 2021 to January 13, 2021.

Market participants are further requested to note that the details of this Offer to Buy would be available on BSE Website – www.bseindia.com.

Atul Dhotre

Senior Manager

Listing Sales & Ops

January 04,2021