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| NOTICES |
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| Notice No. |
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20200901-8 |
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Notice Date |
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01 Sep 2020 |
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| Category |
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Trading |
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Segment |
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Equity |
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| Subject |
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Opening of Offer to Buy – Acquisition Window (Delisting) for Fomento Resorts and Hotels Limited |
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| Attachments |
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Letter of Offer.pdf ; |
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| Content |
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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 De-listing, vide its circular no. CIR/CFD/POLICYCELL/1/2015 dated April 13, 2015 and no. CFD/DCR2/CIR/P/2016/131 dated Dec 09, 2016. The Exchange vide its notice no. 20170210-16 dated Feb 10, 2017, 20190207-23 dated 07 Feb 2019 and 20200528-32 dated 28 May 2020 has issued 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 an offer is being made by Mrs. Anju Auduth Timblo and Mr. Auduth M Timblo (“Promoters/ Acquirers”) to the shareholders of Fomento Resorts and Hotels Limited (“Company”) to acquire 40,00,232 equity shares, representing 25.00% of the equity capital of the Company at a floor price of Rs. 141/- per equity share of face value of Rs. 10/- each through the reverse book-building process in accordance with the Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2009 from September 04, 2020 to September 10, 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
September 01 , 2020
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