1. Trading Members are hereby informed that Thyrocare Technologies Limited (Scrip code: 539871) has announced buyback of its fully paid-up equity shares of face value of Rs. 10/- each from the Open Market through electronic trading mechanism of the Exchange. The Maximum Buyback Price would not exceed Rs. 730/- (Rupees Seven Hundred and Thirty only) per equity share payable in cash for an aggregate amount not exceeding Rs. 63 crores (Rupees Sixty Three Crore only).
2. Proposed time table for buyback:
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Date of Opening of the Buyback on BOLT
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September 24, 2018
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Last Date for the Buyback
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Earliest of:
(a) March 23, 2019 (that is 6 months from the date of the opening of the Buyback); or
(b) when the Company completes the Buyback by deploying the amount equivalent to the Maximum Buyback Size; or
(c) at such earlier date as may be determined by the Board or the Buyback Committee, after
giving notice of such earlier closure, subject to
the Company having deployed an amount equivalent to the Minimum Buyback Size (even
if the Maximum Buyback Size has not been reached or the Maximum Buyback Shares have
not been bought back), provided however, that
all payment obligations relating to the Buyback
shall be completed before the last date for the
Buyback.
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3. Broker Members for buyback:
The company has appointed the following BSE Trading Members through whom the purchases and settlement on account of the buyback would be made:
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Name of the Member
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Clearing No
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Nomura Financial Advisory and Securities (India) Private Limited
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3242
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Trading Members may note that Nomura Financial Advisory and Securities (India) Private Limited would Buyback shares of the Company in demat and physical mode.
4. Details of Buyback orders on BOLT.
a) Shares held in DEMAT Form -
The Trading Members may note that the Equity Shares held in DEMAT form can be offered for Buyback to the Company in rolling settlement, as per details mentioned below:
Scrip Code No. : 539871
Market Lot : 1 Share
Scrip ID on BOLT System : THYROCARE*
b) Shares held in Physical Form –
The Trading Members may note that the Physical Equity Shares can be offered for Buyback to the Company in rolling settlement, as per details mentioned below:
Scrip Code No. : 541936
Market Lot : 1 Share
Scrip ID on BOLT System : THYROBBPH
Abbreviated Name on BOLT System : THYROCARE *
The Trading Member buying the shares in physical mode under buyback will accept equity share certificates of any denomination in buyback in respect of physical shares, since the market lot of the physical scrip is "one". Trading Members are requested to note that delivery of physical shares will be accepted under scrip code 541936 only.
5. Orders entered by Designated Buyback Member & Client Code is available in the Odd Lot order entry screen (Ctrl+F7) under ‘Grab’ tab -> Buy Odd Lot Bids. For trading in Physical Scrip code: 541936, the member is required to use Odd Lot order entry screen (Ctrl+F7) on Bolt TWS.
6. Circuit Filters, Margins, Capital Adequacy Norms, Auction, Close out, Bad Delivery, Arbitration, etc. are applicable in case of buyback as in the case of the normal trading.
7. Institutional Investors are allowed to participate in the buyback.
8. The documents are available in Department of Corporate Services for inspection. In case of any queries /clarifications on the scheme of buyback, Trading Members may please contact the under mentioned persons:
· Manager to the Buyback:
Nomura Financial Advisory and Securities (India) Private Limited
Ceejay House, Level-11, Dr. Annie Besant Road,
Worli, Mumbai- 400018
Tel: 022 4037 4037
Fax: 022 4037 4111
Contact Person: Vishal Kanjani/Srishti Tyagi
Email: Thyrocarebuyback2018@nomura.com
Website: www.nomuraholdings.com/company/group/asia/india/index.html
SEBI Registration Number: INM000011419
· At the Company :
Contact Person: Mr. Ramjee Dorai (Compliance Officer & Company Secretary)
Thyrocare Technologies Limited
D-37/1, TTC MIDC, Turbhe, Navi Mumbai- 400 703, India
Tel: 022 2762 2762
Fax: 022 2768 2409
Email: investor_relations@thyrocare.com
Website: www.thyrocare.com
· At the Exchange:
Clearing & Settlement Department -
Mr. Nilesh Shah/Ajay Darji - Extn: 022-2272-8704/8468 (For Clearing & Settlement)
Trading Department -
Trading Operations - Extn: 022-2272- 8436 (For Trading Related)
Help desk - Extn: 61363100 (Hunting) (For BOLT System)
Listing Operations Department –
Mr. Raghavendra Bhat - Extn: 022-2272-8915 (For General Queries)
Rupal Khandelwal
Manager
September 21, 2018 |