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 Takeover, 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, 20190424-35 dated April 24, 2019 and 20200528-32 dated 28 May 2020, 20201102-43 dated Nov 02, 2020 and 20210825-62 dated Aug 25,2021 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 Mayur Uniquoters Limited (“The Company”) has made an cash offer for buy-back of upto 6,25,000 (Six Lakh Twenty Five Thousand) fully paid-up equity shares of face value of Rs.5/- each (“Equity Shares”), representing 1.40% of the total number of equity shares in the total paid-up equity share capital of the company, from all the fully paid-up equity shareholders/ beneficial owners of the equity shares of the company as on the record date, i.e. Wednesday, February 23, 2022, on a proportionate basis, through the “Tender Offer” route, at a price of Rs.650/- (Rupees Six Hundred Fifty Only) per equity share for an aggregate amount of upto Rs.40,62,50,000/- (Rupees Forty Crore Sixty Two Lakh Fifty Thousand Only) (The “Buyback Size”), from March 24, 2022 to April 06, 2022.
Letter of Offer is herewith attached for perusal.
Market participants are further requested to note that this offer will be as per the SEBI circular no. CIR/CFD/POLICYCELL/1/2015 dated April 13, 2015 and SEBI circular no. CFD/DCR2/CIR/P/2016/131 dated Dec 09, 2016 and Exchange notice no. 20170210-16 dated Feb 10, 2017, 20190424-35 dated April 24, 2019 and 20200528-32 dated 28 May 2020 and the details of this Offer to Buy would be available on BSE Website – www.bseindia.com.
Atul Dhotre
Senior Manager
Listing Sales & Ops
March 14, 2022 |