Notifications, Scrip Scan

Daily Notifications as on 26th August 2020

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

Daily Notifications as on 26th August 2020

1. Scrip code : 524594
Name : Ashok Alco-Chem Ltd.
Subject : Open Offer
Pioneer Investcorp Ltd (“Manager to the Offer”) has submitted to BSE a copy of Public Announcement under Regulations 3(1), 4 And 5(1)/(2) read with Regulations 13(1) and 15(1) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, as amended for the attention of the Shareholders of Ashok Alco Chem Ltd (“Target Company”).

2. Scrip code : 541154
Name : Hindustan Aeronautics Limited
Subject : Notice of Offer for Sale of Share by Promoter & Floor Price
The President of India (acting through the Department of Defence Production, Ministry of Defence, Government of India) (the “Seller”) proposes to sell up to 10% (33,438,750) equity shares of face value of Rs. 10 each of the Company (“Base Offer Size”), on August 27, 2020 (“T day”), (for non-Retail Investors only) and on August 28, 2020 (“T+1 day”) (for Retail Investors and non-Retail Investors who choose to carry forward their un-allotted bids) with an option to additionally sell 5% (16,719,375) equity shares 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 represent 15% (50,158,125) equity shares of Hindustan Aeronautics Ltd (“the Company”), and will collectively, hereinafter be referred to as “Offer Shares”. In case the Oversubscription Option is not exercised, the equity shares forming part of the Base Offer Size will hereinafter be referred to as “Offer Shares”) through a separate, designated window of the BSE Limited (the “BSE”) and the National Stock Exchange of India Limited (the “NSE” and together with BSE, the “Stock Exchanges”). Date and time of the opening and closing of the offer : The Offer shall take place on a separate window of the Stock Exchanges on August 27, 2020 (“T” day) and August 28, 2020 (“T+1” day), from 9:15 a.m. to 3:30 p.m. (Indian Standard Time) on both days, as per details given below. For non-Retail Investors: 1. August 27, 2020 (T day): Non-Retail Investors can place their bids only on the T day. While placing their bids the non-Retail Investors may indicate their willingness to carry forward their un-allotted bids to T+1 day (defined below) for allocation to them in the unsubscribed portion of Retail Category (defined below); 2. August 28, 2020 (T+1 day): Such non-Retail Investors who have placed their bids on T day and have chosen to carry forward their un-allotted bids to T+1 day, shall be allowed to revise their bids upward on T+1 day as per the OFS Guidelines. For Retail Investors (defined below) 1. August 28, 2020 (T+1 day): Retail Investors shall be allowed to place their bids only on T+1 day. Floor Price : The floor price for the Offer shall be Rs. 1001 (Indian Rupees One Thousand and One) per equity share of the Company.

3. Scrip code : 532892
Name : Motilal Oswal Financial Services Limited
Subject : Announcement under Regulation 30 (LODR)-Daily Buy Back of equity shares
Daily Reporting of Buy-back of Equity Shares

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