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NOTICES
Notice No.   20200305-14   Notice Date   05 Mar 2020
Category   Trading   Segment   Equity
Subject   Opening of Offer to Buy – Acquisition Window (Delisting) for Polygenta Technologies Ltd.
Attachments   Annexure 1 - LOF, Bid Form.pdf ;
Content

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 December 09, 2016. The Exchange vide its notice no. 20190424-35 dated April 24, 2019, 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 Perpetual Global Technologies Limited (“Promoter Acquirer”) is inviting equity shareholders to tender their fully paid-up Equity Shares of Rs 10/- each of Polygenta Technologies Limited, (The Company/ Polygenta ) through the reverse book-building process at a Floor Price of Re. 1.00 per Equity Share of face value of Rs 10/- each. The offer is for 3,90,51,636 Equity Shares, representing 25.00% of the Equity Capital of the Company,    in accordance with the Securities and Exchange Board of India (Delisting of Securities) Regulations, 2009, from March 11, 2020 to March 17, 2020.

 

Market participants are further requested to note that the details of this Offer to Buy would be available on BSE Website – www.bseindia.com.

 

Bhushan Mokashi

Additional General Manager

Listing Sales & Ops

March 5, 2020