Corporate Announcement
Security Code : 534597    Company : RTNINDIA    
 
Notice of Offer for Sale of Shares by Promoter & Floor PriceDownload PDF
  Exchange Disseminated Time     04/12/2018 17:59:17
M/s Arbutus Consultancy LLP, a part of the promoter group of Rattanlndia Infrastructure Limited (the “Company”), being the selling promoter has submitted to BSE a copy of notice of Offer to 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 through a sale on the separate window provided by BSE Limited (the "Sale").

Date and time of the opening and closing of the Sale:

- For Non-Retail Investors: 06/12/2018(“T”)

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. 06/12/2018.

- For Retail Investors (defined below) and for Non-Retail Investors who choose to carry forward their bids: 07/12/2018 (“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 : INR 3.40.
 

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