Opening of Offer to Buy – Acquisition Window (Delisting) for Xchanging Solutions Limited

• Notice No: 20210205-26
• Notice Date: 05 Feb 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 and 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 voluntary offer for delisting of equity shares of Xchanging Solutions Limited (the “Company”) is made by DXC Technology India Private Limited (“Acquirer”) to acquire upto 2,78,50,929 Equity Shares of the Company representing 25% of the Share Capital held by Public Shareholders at a floor price of Rs. 44.64 per Equity Share of face value of Rs. 10 Each pursuant to the Delisting Regulations from February 9, 2021 to February 15, 2021.

Letter of Offer is attached for perusal.

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

February 05,2021