Allsec Technologies Limited - Buyback

Conneqt Business Solutions Limited, along with Quess Corp Limited, has made a cash offer to acquire up to 39,61,965 fully paid-up equity shares of face value of Rs 10 each, at a price of Rs 320 per Equity Share, representing 26% of the Voting Share Capital, in accordance with the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and subsequent amendments thereto (Takeover Regulations) from the Public Shareholders (the Offer Size) of Allsec Technologies Limited (Target Company) from June 21, 2019 to July 04, 2019.

 

 

Every day cut-off: 4.00pm

Last day cut-off: 11.30am

Issue Details

Allsec Technologies Limited
 Scripname ALLSEC TECHNOLOGIES LTD
 Security Type  Equity
 Symbol ALLSEC
 Issue Type Takeover
 Issue Period 21 Jun to 04 Jul 2019
 Tick Price  0.05
 Market Lot  1
 Book Size - No. of Shares 39,61,965
 Minimum Offer Quantity  1
 Maximum Offer Quantity 39,61,965
 Face Value  10
 Floor Price/Offer Price 320
 Name of Acquirer(s)/Company Conneqt Business Solutions along with Quess Corp Limited
 Buyer Member Axis Capital Limited

How to bid for buyback

Bid for share buyback effortlessly with our trading platforms.

  • mPowered: Buyback instantly by logging into your account from our mPowered trading platform. Go to Equity > Buy Back > Dash Board.
  • Call ‘N’ Trade: Place your share for buyback order through centralized dealing desk at 33553366 (prefix local code).
  • Dedicated Dealer: Place your share for buyback order through our dealers at the nearest branch

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