Trading Members and Custodians are requested to refer to notice nos. 20190118-43 dated January 18, 2019, 20200701-27 dated July 01,2020, 20230127-14 dated January 27,2023 and 20230804-47 dated August 04, 2023 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”, SEBI/HO/MRD/MRD-PoD-3/P/CIR/2023/10 dated January 10, 2023, regarding “Comprehensive Framework on Offer for Sale (OFS) of Shares through Stock Exchange Mechanism” and SEBI/HO/MRD/MRD-PoD-3/P/CIR/2023/134 dated August 03,2023 regarding Offer for Sale framework for sale of units of Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs).
All Market Participants are hereby informed that BIF IV Jarvis India Pte. Ltd., (the “Seller”) being Sponsor of Data Infrastructure Trust (the "Trust") propose to sell up to 182,200,000 Units (the “Base Offer Size”) (representing 6.9996% of the total outstanding Units of the Trust on August 9, 2023 (the “Offer Date”) to Eligible Bidders (defined below), with an option to additionally sell up to 78,000,000 Units (representing 2.9965% of the total outstanding Units of the Trust) (the “Oversubscription Option” and in the event the Oversubscription Option is exercised, the Units forming part of the Base Offer Size and the Oversubscription Option will, collectively, hereinafter be referred to as the “Offer Units”, but in the event the Oversubscription Option is not exercised, the Units forming part of the Base Offer Size will hereinafter be referred to as the “Offer Units”) on the separate designated window provided by BSE Limited (“BSE”) for this purpose (such offer referred to hereinafter as the “Offer”), in accordance with the “Comprehensive Framework on Offer for Sale (OFS) of Shares through Stock Exchange Mechanism” issued by the Securities and Exchange Board of India (the “SEBI”) through its circular no. SEBI/HO/MRD/MRD-PoD-3/P/CIR/2023/10 dated January 10, 2023 (the “SEBI OFS Circular”) and “Offer for Sale framework for sale of units of Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs)” through its circular no. SEBI/HO/MRD/MRD-PoD-3/P/CIR/2023/134 dated August 03,2023; the revised detailed operational instructions and guidelines for participation in the OFS segment issued by BSE through its notice no. 20230127-14 dated January 27, 2023 and 20230804-47 dated August 04, 2023, and, to the extent applicable, the previous notices issued by BSE in this regard.
“Eligible Bidder” means an investor that bids for Offer Units of a minimum bid lot size of 200,000 Units and in multiples of 200,000 Units, thereafter, being the trading lot of the Trust in the secondary market, in accordance with the InvIT Regulations.
The particulars of the above offer for sale are attached to this notice.
The floor price of the Offer shall be Rs.155.00 /- (Rupees One Hundred and Fifty Five Only) per Unit.
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.
Mangesh Tayde
Deputy General Manager
Listing Sales & Ops
August 08, 2023 |