Notifications, Scrip Scan

Daily Notifications as on 22nd September 2020

Scrip Sanctuaries for protection from the wildlife in this jungle of Indian Equities

Daily Notifications as on 22nd September 2020

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20200922-41

1. Scrip code : 531112
Name : Amaze Entertech Limited
Subject : Updates on Open Offer
Systematix Corporate Services Ltd (“Manager to the Offer”) has submitted to BSE a copy of Recommendation of the Committee of Independent Directors (“IDC”) on the Open Offer to the shareholders of Amaze Entertech Ltd (“Target Company”).

2. Scrip code : 505255
Name : GMM Pfaudler Ltd.
Subject : Notice of Offer for Sale of Share by Promoters & Floor Price
Pfaulder Inc., Millars Machinery Company Private Limited and Urmi Patel, (“the Sellers”), being part of the promoter group, propose to sell up to an aggregate of 25,71,429 Equity Shares (“Base Sale Shares” or “Base Offer Size”) held by the Sellers in GMM Pfaudler Ltd (“the Company”), representing approximately 17.59% of the total issued and paid-up equity share capital of the Company (“OFS”) on September 22, 2020 (“T Day”) (for non-Retail Investors only) and on September 23, 2020 (“T+1 Day”) (for Retail Investors and for non-Retail Investors who choose to carry forward their un-allotted bids) with an additional option to additionally sell up to 15,21,671 equity shares representing approximately 10.41% of total paid up equity share capital of the Company (the “Oversubscription Option” and in event the Oversubscription Option is exercised, the Equity Shares forming part of the Base Offer Size and the Oversubscription Option will, collectively represent 40,93,100 equity shares representing approximately 28.00% of the total paid up equity share capital, and will collectively, hereinafter be referred to as “Sale Shares”, but in the event the Oversubscription Option is not exercised, the Equity Shares forming part of the Base Offer Size will hereinafter be referred to as “Sale Shares”) through a separate, designated window of BSE Limited (“BSE”) and National Stock Exchange of India Limited (“NSE” and together with BSE, the “Stock Exchanges”). Date and time of the Opening and closing of the OFS: For non-Retail Investors on T Day i.e. September 22, 2020 The OFS shall take place on a separate window of the Stock Exchanges on T Day commencing at 9:15 AM and shall close at 3:30 PM (Indian Standard Time) on the same date. Non-Retail Investors who have placed their bids on T Day may indicate their willingness to carry forward their unallocated bids to T+1 Day for allocation to them in the unsubscribed portion of the Retail Category (defined below). Please note that only non-Retail Investors can place their bids on T Day i.e. September 22, 2020. For Retail Investors and for non-Rctail Investors who opt to carry forward their unallocated bids from T Day, the date of opening of the offer would be T+1 Day i.e. September 23, 2020. The OFS shall continue to take place on the separate window of the Stock Exchanges on T+1 Day, commencing at 9:15 AM and shall close at 3:30 PM (Indian Standard Time) on the same date. Please note that only Retail Investors are permitted to place their bids on T+1 Day. Further those non-Retail Investors who had placed their bids on T Day and who opted to carry forward their unallocated bids from T Day to T+1 Day would be allowed to revise their bids on T+1 Day in terms of the SEBI OFS Circulars. Floor Price : The floor price for the OFS has been fixed at Rs. 3,500 (Three thousand five hundred only) per Sale Share (“Floop Price”).

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