News Announcement

Cimmco: Notice of Offer for Sale of Share by Promoter & Floor Price

Titagarh Wagons Limited (the "Seller") a part of the promoter group of Cimmco Ltd (the "Company") being the selling promoter member has submitted to BSE a copy of Notice of Offer for Sale (OFS) of 12 27 415 shares of face value of Rs. 10/- each representing 4.49% of the share capital of the Company on June 06 2019 ("T day") (for non-Retail Investors only) and on June 07 2019 ("T + 1 day") (for Retail Investors and non-Retail Investors who choose to carry forward their unallotted bids) through a sale on the separate window provided by BSE Limited (the "Sale").

Dates and time of the opening and closing of the Offer

- For Non-Retail Investors: June 06 2019 ("T")

The Sale shall take place on a separate window of the Stock Exchanges on T day commencing at 9:15 a.m. and shall close at 3:30 p.m. on the same date. On the T+1 day Non-Retail Investors may indicate their willingness to carry forward their
bids to T + 1 day (defined below).

Please note that only Non-Retail Investors shall be allowed to place their bids on T day i.e. June 06 2019.

For Retail Investors (defined below) and for Non-Retail Investors who choose to carry forward their bids: June 07 2019 ("T+1")

The Sale shall continue to take place on a separate window of the Stock Exchanges on T+1 day commencing at 9:15 a.m. and shall close at 3:30 p.m. (Indian Standard Time) on the same date.

Please note that only Retail Investors shall be allowed to place their bids only on the T + 1 day. Further those Non-Retail
investors who have placed their bids on T day and have chosen to carry forward their bids to T+1 day shall be allowed to revise their bids on T + 1 day as per the SEBI OFS Circulars.

(T day and T + 1 day collectively referred to as "Sale Dates")

- Date and time of declaration of floor price ("Floor Price")

The floor price of the Offer shall be Rs. 29/- (Rupees Twenty nine only) per equity share of the Company.

वैल्यू रिसर्च से पूछें aks value research information

कोई सवाल छोटा नहीं होता. पर्सनल फ़ाइनांस, म्यूचुअल फ़ंड्स, या फिर स्टॉक्स पर बेझिझक अपने सवाल पूछिए, और हम आसान भाषा में आपको जवाब देंगे.