|Opening of Offer for Sale for RattanIndia Infrastructure 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 M/s Arbutus Consultancy LLP, a part of the promoter group of RattanIndia Infrastructure Limited (the “Company”), being the selling promoter proposes to sell up to 6,49,11,325 equity shares of face value of Rs. 2/- each representing 4.71% of the total paid up equity share capital of the Company (Excluding GDRs) on Day of OFS on December 06, 2018 (“T Day”) (for non-Retail Investors only) and on December 07, 2018 (“T+1 Day”) (for Retail Investors and for Non-Retail Investors who choose to carry forward their un-allotted bids) through a sale on the separate window provided by BSE Limited in accordance with (i) SEBI OFS Circulars (ii) Notice No. 20120727-26 dated July 27, 2012, Notice No. 20130129-23 dated January 29, 2013, Notice No. 20140902-33 dated September 2, 2014, Notice no. 20150122-30 dated January 22, 2015 and Notice No. 20150702-28 dated July 2, 2015 issued by BSE Limited (the “Sale”). The particulars of the above offer for sale are attached to this notice.
The Floor Price for the Offer shall be Rs. 3.40/- (Rupees Three and Forty paise only)
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.
Additional General Manager
Listing Ops & Sales
December 04, 2018