Trading Members are hereby informed that NATCO PHARMA LIMITED (Scrip code: 524816) has announced buyback of its fully paid-up equity shares of face value of Rs. 2/- each from the Open Market through electronic trading mechanism of the Exchange. The Maximum Buyback Price would not exceed Rs. 700/- (Rupees Seven Hundred only) per equity share payable in cash for an aggregate amount not exceeding Rs. 2,10,00,00,000/- (Rupees Two Hundred and Ten Crores only).
1. Proposed timetable for buyback:
Date of Opening of the Buyback
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On Tuesday, March 21, 2023
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Last Date for the Buyback
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Earlier of:
a. September 20, 2023 (i.e. six (6) months from the date of the commencement of the Buyback); or
b. when the Company completes the Buyback by deploying the amount equivalent to the Maximum Buyback Size; or
c. at such earlier date as may be determined by the Board or its Committee of Directors, after giving notice of such earlier closure, subject to the Company having deployed an amount equivalent to the Minimum Buyback Size (even if the Maximum Buyback Size has not been
reached or the Maximum Buyback Shares have not been bought back), provided, that all payment obligations relating to the Buyback shall be completed before the last date for the Buyback
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2. Broker Members for buyback:
The company has appointed the following BSE Trading Members through whom the purchases and settlement on account of the buyback would be made:
DAM Capital Advisors Limited
Address: One BKC, Tower C, 15th Floor, Unit No. 1511,
Bandra Kurla Complex, Bandra (East), Mumbai 400 051,
Maharashtra, India
Tel.: +91 22 4202 2500
Fax: +91 22-4202 2504
Email: rajesh@damcapital.in
Website : www.damcapital.in
Contact Person: Rajesh Tekadiwala
Clearing No: 0623
Client Code: BUYBACKNAT
3. Details of Shares held in DEMAT Form.
The Trading Members may note that the Equity Shares held in DEMAT form can be offered for Buyback to the Company in rolling settlement, as per details mentioned below:
Scrip Code
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524816
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Market Lot
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1 Share
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Scrip ID
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NATCOPHARM*
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4. Circuit Filters, Margins, Capital Adequacy Norms, Auction, Close out, Arbitration, etc. are applicable in case of buyback as in the case of the normal trading.
5. Institutional Investors are allowed to participate in the buyback.
6. Please note that, settlement will be with normal equity cash segment trades and market type for delivery will be “Normal” equity cash segment
7. The documents are available in Department of Corporate Services for inspection. In case of any queries /clarifications on the scheme of buyback, Trading Members may please contact the under mentioned persons:
Merchant Banker to the Buyback:
DAM Capital Advisors Limited
Address: One BKC, Tower C, 15th Floor Unit No. 1511, Bandra Kurla
Complex Bandra (East), Mumbai – 400 051 Maharashtra, India
Tel.: +91 22 4202 2500
Fax: +91 22-4202 2504
Contact Person: Chandresh Sharma
Email: natco.buyback@damcapital.in
Website: www.damcapital.in
SEBI Registration No.: MB/INM000011336
At the Company:
Name: Chekuri Venkat Ramesh
Designation : Company Secretary and Compliance Officer
Address : NATCO House, Road No. 2, Banjara Hills,
Hyderabad- 500034, Telangana, India
Tel: 040 23547532
Email id: venkatramesh.ch@natcopharma.co.in
Registrar to the buyback and Investor service centre:
Venture Capital and Corporate Investments Private Limited
Address: 12-10-167, Bharatnagar, Hyderabad -500018,
Andhra Pradesh, India
Tel. No.: 040 23818475
Contact Person: Mr. P V Srinivas
Email: pvsrinivas@vccipl.com
Website: https://www.vccipl.com
Investor Grievance E-mail : investor.relations@vccipl.com
At the Exchange:
Clearing & Settlement Department -
Mr. Nilesh Shah/Ajay Darji - Extn: 022-22728468/5163/5628/8223/5784
Email Id: bse.csd@bseindia.com
Trading Department -
Trading Operations - Extn: 022-2272- 8376 (For Trading Related)
Listing Operations Department –
Mr. Raghavendra Bhat Extn: 022-2272-8915/8995 (For General Queries)
Email Id: equity.ipo@bseindia.com
Rupal Khandelwal
Assistant General Manager
March 20, 2023 |