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Tuesday, January 07, 2025 | 10:58 PM ISTEN Hindi

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Equippp Social Impact Technologies Ltd

BSE : 590057

NSE : EQUIPPP

Sector :IT

ISIN Code : INE217G01035

NSE

24.45
-0.25 (-1.01%)

03:31 PM,7th Jan 2025
Open
25.28
High
25.28
Low
23.68

BSE

24.84
0.34 (1.39%)

04:01 PM,7th Jan 2025
Open
23.68
High
24.84
Low
23.68

Notice of Offer for Sale of Shares by Promoter & Floor Price

04:01 PM,7th Jan 2025

Equivas Capital Private Limited the Seller proposes to sell up to 14533580 (One crore forty-five lakh thirty-three thousand five hundred eighty only) equity shares of face value Re. 1 each of Equippp Social Impact Technologies Ltd (the Company) (representing 14.09% of the total paid-up equity share capital of the Company) (Base Offer Size) on 2nd December 2024 (T day) (for Non-Retail Investors only) and on 3rd December 2024 (T+1 day) (for Retail Investors and Non Retail Investors who choose to carry forward their un-allotted bids from T day) collectively hereinafter be referred to as Sale Shares.<BR><BR>The OFS shall be undertaken exclusively through the Sellers Broker (defined later) on a separate window provided by BSE and NSE for this purpose.<BR><BR>- Date and time of the opening and closing of the OFS : The OFS shall take place over two Trading Days as provided below:<BR><BR>For Non-Retail Investors on T Day i.e. Monday 2nd December 2024<BR><BR>The OFS shall take place on a separate window of the Stock Exchange 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).<BR><BR>Please note that only non-Retail Investors can place their bids on T Day i.e. Monday 2nd December 2024<BR><BR>For Retail Investors and for non-Retail Investors who opt to carry forward their unallocated bids from T Day the date of opening of the offer would be on T+1 Day i.e. Tuesday 3rd December 2024.<BR><BR>In compliance with the provisions of clause 7.5 of the SEBI OFS Circular the unsubscribed portion of the non-retail segment due to demand by the non-retail investors shall be allowed to be carried forward to T+1 day and shall be allowed for bidding in the retail segment.<BR><BR>The OFS shall continue to take place on the separate window of the Stock Exchange on T+1 Day commencing at 9:15 AM and shall close at 3:30 PM (Indian Standard Time) on the same date.<BR><BR>Please note that only Retail Investors are permitted to place their bids on T+1 Day.<BR><BR>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 Circular.<BR><BR>(T Day and T+1 Day collectively referred to as Sale Dates).<BR><BR>- Floor Price : The floor price for the OFS has been fixed at Rs. 27 (Rupees Twenty-Seven only) per Sale Share (Floor Price).