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 and 20201102-43 dated 02 Nov 2020 and 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 to the Public Shareholders of Goldcrest Corporation Limited (“Target Company”) is made by Nita Tushar Tanna (“Acquirer”) along with Anupa Tanna Shah (“PAC 1”), Namrata Tushar Tanna (“PAC 2”), Hansa Tulsidas Tanna (“PAC 3”) and Goldcrest Global Trading Private Limited (formerly known as Goldcrest Securities & Commodities Private Limited) (“PAC 4”) to acquire 15,44,223 (Fifteen Lakhs Forty-Four Thousand Two Hundred Twenty-Three) Equity Shares representing 27.14% of the equity share capital of the Target Company, at the floor price of Rs.192.66 (Indian Rupees One Hundred Ninety-Two and Paise Sixty-Six Only) per Equity Share through the reverse book-building process in accordance with the SEBI Delisting Regulations, from August 19, 2022 to August 25, 2022.
Letter of Offer is attached for information.
Market participants are further requested to note that the details of this Offer to Buy would be available on BSE Website – www.bseindia.com.
Atul Dhotre
Senior Manager
Listing Sales & Ops
August 16, 2022 |