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| NOTICES |
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| Notice No. |
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20200907-7 |
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Notice Date |
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07 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 Hexaware Technologies Limited |
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| Attachments |
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LOF.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 for voluntary delisting of equity shares is made by HT Global Holdings B.V. (“Acquirer”) along with Person Acting In Concert HT Global IT Solutions Holdings Limited (“Promoter”) to the public shareholders of Hexaware Technologies Limited (“Company”) to acquire up to 11,38,13,209 Equity Shares of the Company representing 37.92% of the Share Capital, held by the Public Shareholders at a floor price of Rs. 264.97/- per Equity Share of face value of Rs. 2/- each of the Company pursuant to the Delisting Regulations from September 09, 2020 to September 15, 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 07 , 2020
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