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 Takeover, 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, 20190424-35 dated April 24, 2019, and 20200528-32 dated 28 May 2020, 20201102-43 dated Nov 02, 2020, and 20210825-62 dated Aug 25,2021 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 MAYUR UNIQUOTERS LIMITED (“The Company”) Offer for Buy-back of up to 5,00,000 (Five Lakhs only) fully paid-up equity shares of the face value of Rs.5/- (Rupees Five) each (“Equity Shares”), representing 1.14% of the total number of fully paid up equity shares of the Company, from all the Eligible Equity Shareholders holding fully paid up equity shares (“Equity Shareholders”) as on the Record Date Friday, August 23, 2024, on a proportionate basis, through the “Tender Offer” route, at a price of Rupees 800/- (Rupees Eight Hundred Only) per Equity Share (“Maximum Buy-back Price”) payable in cash for a total consideration not exceeding Rs. 40,00,00,000 (Rupees Forty Crores Only) excluding transaction costs viz. applicable taxes/duties and other incidental and related expenses (“Transaction Costs”) (“Maximum Buy-back Size), which is 4.62% and 4.57% of the total paid-up equity share capital and free reserves (including securities premium account) as per the latest available audited financial statements of the Company for the financial year ended March 31, 2024, From Thursday, August 29, 2024 to Wednesday, September 04, 2024.
Letter of Offer is herewith attached for perusal.
Market participants are further requested to note that this offer will be as per the SEBI circular no. CIR/CFD/POLICYCELL/1/2015 dated April 13, 2015 and SEBI circular no. CFD/DCR2/CIR/P/2016/131 dated Dec 09, 2016 and Exchange notice no. 20170210-16 dated Feb 10, 2017, 20190424-35 dated April 24, 2019 and 20200528-32 dated 28 May 2020 and the details of this Offer to Buy would be available on BSE Website – www.bseindia.com.
Mangesh Tayde
Deputy General Manager
Listing Business Relationship
August 27, 2024 |