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| Exchange Disseminated Time 14/12/2016 17:02:35 | b4S Solutions Private Limited, is a sole promoter of Swaraj Automotives Limited (the "Company"), being the selling promoter member proposes to sell 3,18,446 Equity shares of face value of Rs. 10/- each representing 13.28% of the share capital of the Company on Day of OFS through a sale on the separate window provided by BSE Limited.
- Date and time of the opening and closing of the Sale:
The Sale shall take place on a separate window of the Stock Exchanges on T day, commencing at 9:15 a.m. and shall close at 3:30 p.m. on the same date. On the T+1 day, Non-Retail Investors may indicate their willingness to carry forward their bids to T+1 day (defined below).
Please note that only Non-Retail Investors shall be allowed to place their bids on T day, i.e. December 15, 2016, Thursday.
For Retail Investors (defined below) and for Non-Retail Investors who choose to carry forward their bids: December 16, 2016, Friday ("T+1")
The Sale shall continue to take place on a separate window of the Stock Exchanges on T+1 day, commencing at 9:15 a.m. and shall close at 3:30 p.m. (Indian Standard Time) on the same date.
Please note that only Retail Investors shall be allowed to place their bids only on the T+1 day. Further, those Non-Retail investors who have placed their bids on T day and have chosen to carry forward their bids to T+1 day, shall be allowed to revise their bids on T+1 day as per the SEBI OFS Circulars.
(T day and T+1 day, collectively referred to as, "Sale Dates")
- Floor Price
The Floor price for the Sale Shall be Rs. 150/- (Rupees One Hundred and Fifty only) per share. |
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