Settlement Schedule Offer to Buy – Acquisition Window (Takeover) for INDO TECH TRANSFORMERS LTD
Settlement calendar pertaining to Offer to Buy – Acquisition Window (Takeover) INDO TECH TRANSFORMERS LTD. to be conducted from 14/02/2020 to 02/03/2020 is as under:
Security Symbol :- INDOTECH
ISIN :- INE332H01014
Scrip Code :- 532717
Offer Size :- Upto 27,24,376 Equity Shares
Market Lot :- 1
Face Value Rs. :- 10/-
Offer Price Rs. :- 115.60/- per share
Opening Date :- Friday, 14th February 2020
Closing Date :- Monday, 2nd March 2020
Additional Points:
Demat shares should be delivered only through the Early Pay-in of Shares mechanism, which is available in both the depositories. In addition to the other details, the Market Type “(Buyback)” and settlement No. 2020010 are to be used by Members/Custodians in the depository system.
Members/Custodians are requested to refer to Notice No.20170203-29 dated February 03, 2017, and 20170210-23 dated February 10, 2017, regarding settlement as per Revised Guidelines of Mechanism for acquisition of shares through Stock Exchange.
Early Pay-in for Offer to Buy – Acquisition Window (Takeover) for INDO TECH TRANSFORMERS LTD.
Participants must ensure that effect of their early pay-in of securities is reflected in BSE/ICCL systems before the prescribed timelines for accepting/confirmation of Bids by the BSE OTB platform. For this purpose, they must complete the process of early pay-in of securities in the Depository system sufficiently in advance before the prescribed timelines for the closure of BSE OTB Bidding window for placing the bids by members and confirmation window for confirming the Bids by Custodians
In case of CDSL, early pay-in will be required to be done by clients directly to the early pay-in account of the member/custodians and in case of NSDL early pay-in securities will be earmarked/blocked in clients account, client will execute instructions for transfer of security to the member’s NSDL pool a/c in requisite market type and settlement number.
Members & Custodians are NOT required to upload any EPN file for the same.
Members/Custodians are also requested to refer to BSE Notice No.20190524-35 dated April 24, 2019, 20170202-34 dated February 02, 2017, 20170210-16 dated February 10, 2017, and 20170210-16 dated February 10, 2017, regarding Revised Guidelines of Mechanism for acquisition of shares through Stock Exchange pursuant to Tender-Offers under Buy-backs, Take over and Takeover for further details.
Further notes:
1. Please refer to the Exchange Notices no. 20150930-1 dated September 30, 2015, and 20170203-29 dated February 3, 2017, for operational instructions for participation in OTB
2. Trading Members to ensure UCC of the Investor is registered and/ or updated stating the correct PAN Number and Category in the Exchange UCC database.
3. Trading Member(s) can bid for Investors having shares in Demat form
4. Members and Custodians to note that if no securities are accepted there will be no End of Issue files generated in Extranet.
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