|Opening of Offer to Buy – Acquisition Window (Delisting) for Rasoi Limited
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 Takeovers, Buy Back and 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. 20150930-1 dated September 30, 2015 and notice no. 20170210-16 dated Feb 10, 2017, has issued a 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 J. L. Morison (India) Limited, Pallawi Resources Limited, Leaders Healthcare Limited, Mrs. Shashi Mody and Mrs. Sakshi Mody (hereinafter collectively referred to as the “Acquirers”) have announced the Delisting Offer to acquire 24,225 Equity Shares (“Offer Shares”) representing 25.08% of the equity share capital of the Company face value of Rs. 200/- (Rupees Two Hundred Only) each of Rasoi Limited (“the Company”) pursuant to reverse book building process in accordance with SEBI Delisting Regulations from January 30, 2019 to February 05, 2019.
Floor Price: Rs. 25,408/- (Rupees Twenty Five Thousand Four Hundred Eight Only) per Equity Share.
Market participants are further requested to note that the details of this Offer to Buy would be available on BSE Website – www.bseindia.com.
Additional General Manager
Listing Sales & Ops
January 28, 2019