Offer to Buy – Acquisition Window (Takeover) for
ALAN SCOTT INDUSTRIES LTD
Schedule of activities in respect of Offer to Buy – Acquisition Window (Takeover) of shares of ALAN SCOTT INDUSTRIES Ltd scheduled from Thursday, 5th March 2020 to Thursday, 19th March 2020 on the Exchange is as follows.
Particulars of OTB for ALAN SCOTT INDUSTRIES LTD
Security Name ALAN SCOTT INDUSTRIES LTD
Security Symbol ALANSCOTT
ISIN INE273F01022
Scrip Code 539115
Offer Size Upto 1,78,199 Equity Shares
Market Lot 1
Face Value Rs.10/-
Offer Price Rs. 25.00/- per share
Opening Date Thursday, 5th March 2020
Closing Date Thursday, 19th 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 “(Takeover)” and settlement No. 2020014 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
Alan Scott Industries 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.
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