Trading and Custodian Members of the Exchange are requested to refer to notice nos. 20190118-43 dated January 18, 2019 and 20200701-27 dated July 01,2020, detailing Revised Guidelines for Bidding in Offer for Sale (OFS) Segment. The above guidelines were issued by the Exchange with reference to Securities and Exchange Board of India (SEBI) circular no. SEBI/HO/MRD/DOPI/CIR/P/2018/159 dated December 28, 2018 regarding “Review of Offer for Sale (OFS) of Shares through Stock Exchange Mechanism”.
All Market Participants are hereby informed that Avyan Pashupathy Capital Advisors Private Limited, (Formerly Avyan Renewable Solar Private Limited) a part of the promoter group of SunEdison Infrastructure Limited (the “Company”), being the selling promoter member proposes to sell 5,31,811 equity shares of face value of Rs 10/- each representing 11.84% of the equity share capital of the Company on October 15, 2020 (“T” day) for Non-Retail Investors and on October 16, 2020 (“T+1” day) for Retail Investors and for Non-Retail Investors who choose to carry forward their bids through a sale on the separate window provided by BSE Limited in accordance with (i) SEBI OFS Circular (ii) Notice No. 20120727-26 dated July 27, 2012, Notice No. 20130129-23 dated January 29, 2013, Notice No. 20140902-33 dated September 2, 2014, Notice no. 20150122-30 dated January 22, 2015 and Notice No. 20150702-28 dated July 2, 2015 issued by BSE Limited (the “Sale”).
The particulars of the above offer for sale are attached to this notice.
BSE is the Designated Stock Exchange for the issue.
The floor price of the Offer shall be Rs. 22/- (Rupees Twenty Two Only) per Equity Share of the Company.
Market participants are further requested to note that the Exchange would disseminate the details of this Offer for Sale on BSE Website – www.bseindia.com.
Bhushan Mokashi
Addl. General Manager
Listing Sales & Ops
October 14, 2020 |