Settlement Schedule Offer to Buy – Acquisition Window (Takeover) for SNOWMAN LOGISTICS LTD
Settlement calendar pertaining to Offer to Buy – Acquisition Window (Takeover) SNOWMAN LOGISTICS LTD to be conducted from 25/02/2020 to 09/03/2020 is as under:
Security Name SNOWMAN LOGISTICS LTD
Security Symbol SNOWMAN
ISIN INE734N01019
Scrip Code 538635
Offer Size Upto 4,34,42,879 Equity Shares
Market Lot 1
Face Value Rs.10/-
Offer Price Rs. 44.00/- per share
Opening Date Tuesday, 25th February 2020
Closing Date Monday, 9th 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 SNOWMAN LOGISTICS 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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