1. Trading Members are hereby informed that Windlas Biotech Limited (Scrip code: 543329) has announced buyback of its fully paid-up equity shares of face value of Rs. 5/- each from the Open Market through electronic trading mechanism of the Exchange. The Maximum Buyback Price would not exceed Rs. 325/- (Rupees Three Hundred and Twenty Five Only) per equity share payable in cash for an aggregate amount not exceeding Rs. 25,00,00,000 (Rupees Twenty Five Crores Only)
2. Proposed timetable for buyback:
|
Date of Opening of the Buyback
|
November 21, 2022
|
|
Last Date for the Buyback
|
Earlier of:
a. May 20, 2023 (i.e. 6 (six) months from the date of the commencement 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 or its Committee of Directors, 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), provided, that all payment obligations relating to the Buyback shall be completed before the last date for the Buyback.
|
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:
SMC Global Securities Limited
Address: 11/6B, Shanti Chamber, Pusa Road, Delhi - 110005, India.
Tel No.: +91-11-30111000
Email: crf@smcindiaonline.com
Website: www.smctradeonline.com
SEBI registration number: INZ000199438
Contact person: Mr. Nishant Agarwal
Clearing No: 470
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:
|
Scrip Code No
|
543329
|
|
Market Lot
|
1 Share
|
|
Scrip ID
|
WINDLAS*
|
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:
- Registrar and Transfer Agent:
Link Intime India Private Limited
Address: Noble Heights, 1st Floor, Plot No. NH 2, LSC, C-1 Block,
Near Savitri Market, Janakpuri, New Delhi - 110058
Phone: 011-49411000
Contact person: Mr. Vishal Dixit
E-mail: delhi@linkintime.co.in
Website: www.linkintime.co.in
- Merchant Banker to the Buyback:
Corporate Professionals Capital Private Limited
Address: D-28, South Extension Part-1, New Delhi-110049, India
Phone: 011-40622230/40622251/40622209
Contact person: Ms. Anjali Aggarwal
E-mail: mb@indiacp.com
Website: www.corporateprofessionals.com
SEBI Registration No.: INM000011435
Name: Mr. Ananta Narayan Panda
Designation: Company Secretary and Compliance Officer
Address: 705-706, Vatika Professional Point, Sector-66, Golf Course Ext. Road, Gurgaon, Haryana - 122001
Phone: +91-124-2821030
Email: cs@windlasbiotech.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
Friday, November 18, 2022 |