Corporate Announcement
Security Code : 507645    Company : POLSON    
 
Notice of Offer for Sale of shares by Promoters & Floor PriceDownload PDF
  Exchange Disseminated Time     21/09/2017 18:06:17
Mr. Amol Jagdish Kapadia and Mrs. Sushila Jagdish Kapadia (“the Sellers’) a part of the promoter/ promoter group of Polson Ltd (“the Company") has submitted to BSE a Notice of Offer to sell an aggregate of 9908 (8.26%) equity shares of face value Rs. 50/- each of the Company on September 25, 2017 (for Non Retail Investor) and on September 26, 2017 (for Retail Investor and for Non Retail Investor who choose to carry forward their bids) exclusively on the separate window provided by the BSE Ltd. ("the Stock Exchange").

- Date and time of the Opening and Closing of the Sale :

For Non Retail Investors : September 25, 2017, Monday ("T day")

The Sale shall take place on a separate window of the Stock Exchange on T day, commencing at 9:15 a.m. and shall close at 3:30 p m. {Indian Standard Time (IST)} 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) for allocation to them in the unsubscribed portion of Retail Category (defined below).

Please note that only Non-Retail Investors shall be allowed to place their bids on T day i.e. September 25, 2017, Monday.

For Retail Investors (defined below) and for Non- Retail Investors who choose to carry forward their bids: September 26, 2017, Thursday ("T+1")

The Sale shall continue to take place on a separate window of the Stock Exchange on T+1 day, commencing at 9.15 a.m. and shall close at 3.30 p.m. (IST) 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. 11,000/- (Rupees Eleven Thousand only) per equity share of the Company.
 

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