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.