1. Trading Members are hereby informed that SMC Global Securities Limited (Scrip code: 543263) has announced buyback of its fully paid-up equity shares of face value of Rs. 2/- each from the Open Market through electronic trading mechanism of the Exchange. The Maximum Buyback Price would not exceed Rs. 115/- (One Hundred and Fifteen Rupees only) per equity share payable in cash for an aggregate amount not exceeding Rs. 75 crores (Indian Rupees Seventy Five crores Only)
2. Proposed timetable for buyback:
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Date of Opening of the Buyback on BOLT
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Friday, May 20, 2022
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Last Date for the Buyback
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Earlier of:
a) Saturday, November 19, 2022 (i.e., 6 (six) months from the date of the opening of the Buyback; or
b) when the Company completes the Buyback by deploying the amount equivalent to the Maximum Buyback Size; or
c) at such earlier date as may be determined by the Board (including a committee thereof, constituted by the Board or persons nominated by the Board/committee to exercise its powers, and/or the powers conferred by the Board resolution in relation to the Buyback), after giving notice of such earlier closure, subject to the Company having deployed an amount equivalent to the Minimum Buyback Size (even if the maximum Buyback Size has not been reached or the Maximum Buyback Shares have not been bought back), however, that all payment obligations relating to the Buyback shall be completed before the last date for the Buyback.
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3. Broker Members for buyback:
The company has appointed the following BSE Trading Members through whom the purchases and settlement on account of the buyback would be made:
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Name of the Member‘s
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Clearing No
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Globe Capital Market Limited
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3179
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4. Details of Shares held in DEMAT Form.
The Trading Members may note that the Equity Shares held in DEMAT form can be offered for Buyback to the Company in rolling settlement, as per details mentioned below:
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Scrip Code No
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543263
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Market Lot
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1 Share
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Scrip ID on BOLT System
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SMCGLOBAL *
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5. Circuit Filters, Margins, Capital Adequacy Norms, Auction, Close out, Bad Delivery, Arbitration, etc. are applicable in case of buyback as in the case of the normal trading.
6. Institutional Investors are allowed to participate in the buyback.
7. The documents are available in Department of Corporate Services for inspection. In case of any queries /clarifications on the scheme of buyback, Trading Members may please contact the under mentioned persons:
Link Intime India Private Limited
Noble Heights, 1st Floor, Plot No. NH 2,
LSC, C-1 Block, Near Savitri Market,
Janakpuri, New Delhi - 110058
Contact Person: Mr. Bharat Bhushan
Telephone: 011-41410592/93/94
Email: delhi@linkintime.co.in
Website: www.linkintime.co.in
- Merchant Banker to the Buyback:
Corporate Professionals Capital Private Limited
D-28, South Extension Part-1, New Delhi-110049, India
Tel: 011-40622230/40622251/40622209;
Email: mb@indiacp.com
Website: www.corporateprofessionals.com
Contact person: Ms. Anjali Aggarwal
SEBI Registration No.: INM000011435
CIN: U74899DL2000PTC104508
Name: Mr. Suman Kumar,
Company Secretary and Compliance Officer
11/6B, Shanti Chamber, Pusa Road, New Delhi - 110005, India
Phone: 011-30111000
Email: sumankumar@smcindiaonline.com
· At the Exchange:
Clearing & Settlement Department -
Mr. Nilesh Shah/Ajay Darji - Extn: 022-2272-8704/8468 (For Clearing & Settlement)
Trading Department -
Trading Operations - Extn: 022-2272- 8376 (For Trading Related)
Help desk - Extn: 61363100 (Hunting) (For BOLT System)
Listing Operations Department –
Mr. Raghavendra Bhat - Extn: 022-2272-8915 (For General Queries)
Rupal Khandelwal
Assistant General Manager
Thursday, May 19, 2022 |