Buyback of Equity Shares
Dear Member(s),
Subject: cash offer to buy back up to 3,63,63,636 (three crores sixty-three lacs sixty-three thousand six hundred and thirty-six) fully paid-up equity shares of face value of ₹2 each (the “equity shares”), at a price of ₹1,100 (rupees one thousand one hundred only) per equity share for an aggregate amount of up to ₹4,000 crores (rupees four thousand crores only) from all the equity shareholders / beneficial owners of equity shares as on the record date, I.E. August 31, 2018 (the “eligible shareholder”) on a proportionate basis, through the “tender offer” route using the stock exchange mechanism.
This is to inform you that the tendering period for the Buyback will open on Tuesday, September 18, 2018, and close on Wednesday, October 3, 2018. The procedure for tendering Equity Shares is set out in Clause 20 (Procedure for Tendering Equity Shares and Settlement) of the Letter of Offer.
You can also access / download the “Letter of Offer,” the “Tender Form” (demat and/or physical, as applicable) and Share Transfer Form (applicable in case of physical shares) to participate in the Buyback, by clicking on the following link: https://www.linkintime.co.in/Offer/Default.aspx.
Kindly note, if you wish to receive a hard copy of the Letter of Offer, you may send a request to the Registrar to the Buyback at hcltech.buyback2018@linkintime.co.in.
The Eligible Shareholders holding Equity Shares in demat form are not required to submit the Tender Form and TRS to the Company, Manager or the Registrar. After the receipt of the demat Equity Shares in the accounts of the Clearing Corporation and a valid bid in the exchange bidding system, the bid by such Eligible Shareholder shall be deemed to have been accepted.
You are requested to take note of the following schedule of activities in relation to the Buyback:
| 1 | Date of opening of the Buyback | September 18, 2018 |
| 2 | Date of closing of the Buyback | October 3, 2018 |
| 3 | Last date and time for receipt of the completed Tender Forms and other specified documents including physical share certificates by the Registrar | October 5, 2018 by 5 PM (IST) |
| 4 | Last Date of settlement of bids on the Stock Exchange* | Friday, October 12, 2018 |
* This activity may happen on or before the indicated date.
BSE Limited (“BSE”) has been appointed as the “Designated Stock Exchange” to provide a separate “Acquisition Window” to facilitate placing of sell orders by the Eligible Shareholders who wish to tender Equity Shares in the Buyback. The Eligible Shareholder who wishes to tender Equity Shares in the Buyback would have to do so through their respective stock broker (the “Seller Member”) during normal trading hours of the secondary market of BSE by giving the details of Equity Shares they intend to tender under the Buyback.
In case of any queries, you may contact the Manager to the Buyback or Registrar to the Buyback at the details mentioned below:
| Manager to the Buyback | Registrar to the buyback |
|---|---|
 |  |
JM Financial Limited 7th Floor, Cnergy, Appasaheb Marathe Marg, Prabhadevi, Mumbai – 400 025 Tel: +91 22 6630 3030 Fax: +91 22 6630 3330 Email: hcltech.buyback@jmfl.com Website: www.jmfl.com Contact Person: Ms. Prachee Dhuri SEBI Registration No.: INM000010361 Validity Period: Permanent Corporate Identity Number: L67120MH1986PLC038784 | Link Intime India Private Limited C-101, 247 Park, L.B.S. Marg Vikhroli (West), Mumbai – 400 083 Tel: +91 22 4918 6200 Fax: +91 22 4918 6195 Email: hcltech.buyback2018@linkintime.co.in Contact Person: Mr. Sumeet Deshpande SEBI Registration No.: INR000004058 Validity Period: Permanent Corporate Identity Number: U67190MH1999PTC118368 |
Note: All capitalized terms, unless defined herein, shall have the meaning ascribed to them in the Letter of Offer.
