Offer for Sale for Endurance Technologies Limited |
This is in continuation of the Exchange notice no. 20190305-16 dated March 05, 2019 for Offer for Sale (OFS) by the Seller “Mr. Anurang Jain” to sell up to 63,63,637 equity shares (representing 4.52%) of the Company (“Endurance Technologies Limited”) of face value of Rs. 10/- each with an additional option to sell up to 41,89,051 equity shares (representing 2.98%) of Endurance Technologies Limited.
The Promoter – (“Seller - Mr. Anurang Jain”) has informed the Exchange of its intention to exercise the Oversubscription option to the extent of 41,89,051 Equity Shares (representing 2.98% of the paid up equity share capital of the Company) in addition to 63,63,637 Equity Shares (representing 4.52% of the paid up equity share capital of the Company) forming part of the Base Offer Size. Accordingly, the aggregate number of Offer Shares will be 1,05,52,688 Equity Shares (representing 7.50% of the paid up equity share capital of the Company) of which, 10,55,269 Equity Shares (representing 0.75% of the paid up equity share capital of the Company) would be available as part of the Offer on T+1 day, i.e., March 7, 2019.
A copy of the letter dated March 06, 2019 submitted by Mr. Anurang Jain, (the “Promoter”) is attached for information.
Bhushan Mokashi
Additional General Manager
Listing Sales & Ops
March 6, 2019
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