Aquilo Home Pte. Ltd., together with Individuals Performing in Live performance (PACs), has made an Open Supply to amass as much as 2,07,39,711 fairness shares of Aavas Financiers Restricted, representing 26.00% of the Expanded Voting Share Capital. The supply worth is ₹1,766.69 per fairness share, together with relevant curiosity of ₹8.72 per fairness share, payable in money. You possibly can examine the announcement from the corporate right here.
All shareholders holding shares of Aavas Financiers Restricted are eligible to tender their shares earlier than the closure of the tendering interval.
Open Supply Schedule
Occasion
Date
Opening date of Tendering Interval
February 21, 2025
Closure date of Tendering Interval
March 07, 2025
Credit score of cost for accepted shares/credit score of unaccepted shares to the Demat account
March 24, 2025
How you can tender shares within the Open Supply?
For the reason that acquirer is just not an individual resident in India beneath relevant Indian overseas alternate management rules, the mechanism for the acquisition of fairness shares by inventory exchanges is just not out there beneath SEBI rules. Due to this fact, the tendering course of have to be carried out offline.
To tender shares, shareholders should switch them to the designated escrow depository account utilizing a duly stuffed Supply Instruction Slip (DIS).
Right here’s how one can tender the shares:
A duly stuffed Supply Instruction Slip (DIS) ought to be despatched to Zerodha to switch the shares to the escrow depository account. You possibly can check with this assist article for the process to switch shares utilizing DIS.
Particulars of the Demat Account to Switch Shares
Aavas Financiers Restricted
Title of the Depository Participant
Ventura Securities Restricted
DP ID
IN303116
Consumer ID
15146112
Account Title
LIIPL AAVAS FINANCIERS LIMITED OPEN OFFER ESCROW
Depository
NSDL
Mode of Instruction
Off Market
The main points above are from web page 53 of the Letter of Supply (LOF). You possibly can check with the supply letter for extra info
Registrar and Switch Agent Contact Particulars:
MUFG Intime India Non-public Restricted (previously Hyperlink Intime India Non-public Restricted)Deal with: C-101, 247 Park, Lal Bahadur Shastri Marg, Vikhroli (West), Mumbai 400 083Telephone: +91 8108114949Email: aavasfinanciers.supply@linkintime.co.inWebsite: www.linkintime.co.in
For any additional info, shareholders could contact the Supervisor of the Supply, JM Monetary Restricted, at aavas.openoffer@jmfl.com or go to the official web site of Aavas Financiers Restricted at Investor Relations – Aavas Financiers.
