Notice No.   20221102-17   Notice Date   02 Nov 2022
Category   Trading   Segment   Equity
Subject   Opening of Offer to Buy – Acquisition Window (Takeover) of Shree Vijay Industries Limited
Attachments   Letter of Offer of SHREEVIJAY.pdf ;

 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 02 Nov 2020, 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 an Open Offer (“Offer”) is made by Mr. Navjot Singh Rupra ("Acquirer 1") and Mrs. Sakshi Singla ("Acquirer 2") (hereinafter will be referred as “Acquirers”) to the existing public shareholders of Shree Vijay Industries Limited (“Target Company”) to acquire up to 1,93,050 (One Lakh Ninety-Three Thousand And Fifty) equity shares, representing 26.00% (Twenty Six Percent) of the voting share capital of the Target company of face value of Rs. 10.00/- (Rupees Ten Only) each, at an offer price of Re.1.50/- (One Rupee And Fifty Paise Only) per offer share to the public shareholders of the Target company, payable in cash, in pursuance of the provisions of Regulations 3 (1) and 4 of the SEBI (SAST) Regulations, for the substantial acquisition of Equity Shares and Voting Share capital accompanied with a change in control and the management of the Target Company, from November 07, 2022 to November 21, 2022.

The Target Company is listed on Metropolitan Stock Exchange of India Limited (MSEI).

Letter of Offer is herewith attached for your perusal.

Market participants are further requested to note that this offer will be as per the Revised Guidelines of SEBI circular no. CFD/DCR2/CIR/P/2016/131 dated Dec 09, 2016 and Exchange notice no. 20170210-16 dated Feb 10, 2017 and 20190424-35 dated April 24, 2019 along with the details of this Offer to Buy would be available on BSE Website –


Atul Dhotre

Senior Manager

Listing Sales & Ops

November 02, 2022