Hindustan Wires Limited - Buyback

Kashipur Holdings Limited have announced the proposed acquisition of 24,88,070 equity shares of face value of Rs. 10/- each representing 25.34% of the total paid up equity share capital of Hindustan Wires Limited at a Floor Price of Rs 42/- and consequently to voluntary delist the company from all stock exchanges and to initiate the process pursuant to Regulation 10 of the Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2009 (hereinafter referred to as the "SEBI Delisting Regulations"). The bids for which will open on May 30, 2019 and close on June 06, 2019.

 

 

Issue Period - 30th May 2019 to 6th June 2019

Note: Everyday Cutoff: 4.00 PM

Last Day Cut Off: 11.30 AM

Issue Details

Hindustan Wires Limited
scripname HINDUSTAN WIRES LTD
Security Type Equity
Symbol HINDWRS
Issue Type Delisting
Issue Period 30 May 2019 to 06 June 2019
Tick Price 0.05
Market Lot 1
Book Size – No. of Shares 24,88,070
Minimum Offer Quantity 1 
Maximum Offer Quantity 24,88,070
Face Value 10
Floor Price/Offer Price 42
Name of Acquirer(s)/Company Kashipur Holdings Ltd

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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