| Opening of Offer for Sale for QGO Finance Limited (earlier known as Parnami Credits Limited) |
Trading and Custodian Members of the Exchange are requested to refer to notice nos. 20160218-33 dated February 18, 2016, detailing Revised Guidelines for Bidding in Offer for Sale (OFS) Segment. The above guidelines were issued by the Exchange with reference to Securities and Exchange Board of India (SEBI) circular no. CIR/MRD/DP/36/2016 dated February 15, 2016, regarding “Review of Offer for Sale (OFS) of Shares through Stock Exchange Mechanism”.
All Market Participants are hereby informed that Mrs. Rachana Singi, promoter of QGO Finance Limited (earlier known as Parnami Credits Limited) (the “Company”), being the selling promoter member proposes to sell 11,12,930 shares of face value of 10/- each representing 16.00% of the share capital of the Company on Wednesday, January 30, 2019 ("T day'') (for Non-Retail lnvestors only) and on Thursday, January 31, 2019 ('T+1 day') (for Retail lnvestors and Non-Retail tnvestors who choose to carry forward their un-allotted bids) through a sale on the separate window provided by BSE Limited in accordance with SEBI circular no. CIR/MRD/DP/18/2012 dated July 18, 2012 regarding Comprehensive Guidelines for Offer for Sale of Shares by Promoters through the Stock Exchange Mechanism, as amended by SEBI circular no. CIR/MRD/DP/36/2016 dated February 15, 2016, SEBI circular no. CIR/MRD/DP/12/2015 dated June 26, 2015, SEBI circular no. CIR/MRD/DP/04/2013 dated January 25, 2013, SEBI circular no. CIR/MRD/DP/24/2014 dated August 8, 2014, SEBI circular no. CIR/MRD/DP/31/2014 dated December 01, 2014 and SEBI circular no. SEBI/HO/MRD/DOPI/CIR/P/2018/159 dated December 28, 2018. The particulars of the above offer for sale are attached to this notice.
The Floor Price for the Offer shall be Rs. 22/- (Rupees Twenty Two only) per equity share
Market participants are further requested to note that the Exchange would disseminate the details of this Offer for Sale on BSE Website – www.bseindia.com.
Bhushan Mokashi
Additional General Manager
Listing Sales & Ops
January 28, 2019 |