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BSE SENSEX
82,890.94
-71.77
-0.09 %
Corporate Announcement
Security Code
543228
Company
Route Mobile Ltd
Exchange Disseminated Time
11/09/2024 17:17:16
Notice of Offer for Sale of Shares by Promoter & Floor Price |
09/11/24 17:17
Proximus Opal ('Seller') is one of the Promoters of Route Mobile Ltd (the "Company). We hereby notify you that the Seller proposes to sell up to 3,800,000 Equity Shares of the Company (representing 6.03% of the total issued and paid up Equity Share capital of the Company) ('Offer Size'), on September 12, 2024, ('T day') (for non-Retail Investors only) and on September 13, 2024 ('T+1 day') (for Retail Investors (as defined below) and for non-Retail Investors who choose to carry
forward their unallotted bids from T day) (hereinafter referred to as 'Offer Shares'), through a separate, designated window of BSE.
- Date and time of opening and closing of the Offer : The Offer shall take place over two working days on a separate window of the Stock Exchanges on September 12, 2024 and September 13, 2024, commencing at 9:15 a.m. (Indian Standard Time) and shall close at 3:30 p.m. (Indian Standard Time), on both days, in accordance with the details given below.
For non-Retail Investors: September 12, 2024 ('T day')
Only non-Retail Investors shall be allowed to place their bids on T day, i.e., September 12, 2024. While placing their bids, non-Retail Investors may indicate their willingness to carry forward their unallotted bids to T+1 day for allocation to them, in the unsubscribed portion of Retail Category (defined below).
The Offer shall take place during trading hours on a separate window of the Stock Exchanges on T day, i.e., September 12, 2024 commencing at 9:15 a.m. and shall close at 3:30 p.m. Indian Standard Time on the same date.
For Retail Investors (defined below) and for non-Retail Investors who choose to carry forward their unallotted bids to September 13, 2024 ('T+1 day').
The Offer shall continue to take place during trading hours on a separate window of the Stock Exchanges on T+1 day, i.e., September 13, 2024 commencing at 9:15 a.m. and shall close on the same date at 3:30 p.m. Indian Standard Time on the same date.
Only Retail Investors (defined below) shall be allowed to place their bids on T+1 day, i.e., September 13, 2024. Further, those non-Retail Investors who have placed their bids on T day and have chosen to carry forward their unallotted bids to T+1 day, shall be allowed to carry forward their unallotted bids for allocation to them in the unsubscribed portion of Retail Category
(defined below) and also revise their bids on T+1 day as per the OFS Guidelines.
(T day and T+1 day, collectively referred to as 'Trade Dates')
- Floor Price : The floor price for the Offer shall be INR 1,635 per Equity Share ('Floor Price').
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