Notice of Offer for Sale of shares by Promoter & Floor Price

The President of India (acting through and represented by the Ministry of Mines, Government of India) (the "Seller"), the Promoter of Hindustan Copper Ltd (the "Company) has submitted a copy of Notice of offer for sale up to an aggregate of 6,47,65,260 equity shares of the Company, on September 29, 2016 (for non-Retail Investors) and September 30, 2016 (for Retail Investors and for non-Retail Investors) of face value of INR 5 each, representing 7% of the total paid up equity share capital of the Company (the "Offer Shares"), through a separate, designated window of the BSE Limited (the “BSE”) and the National Stock Exchange of India Limited (the “NSE” and together with BSE, the “Stock Exchanges”).

Date and time of the opening and closing of the Offer :

For non-Retail Investors: September 29, 2016 ("T")

The Offer shall take place on a separate window of the Stock Exchanges on T day, commencing at 9:15 a.m. and shall close at 3:30 p.m. (Indian Standard Time) on the same date. On the T+1 day, non-Retail Investors may indicate their willingness to carry forward their bids to T+1 day (defined below).

Please note that only non-Retail Investors shall be allowed to place their bids on T day, i.e. September 29, 2016.

For Retail Investors (defined below) and for non-Retail Investors who choose to carry forward their bids: September 30, 2016 ("T+1")

The Offer shall continue to take place on a separate window of the Stock Exchanges on T+1 day, commencing at 9:15 a.m. and shall close at 3:30 p.m. (Indian Standard Time) on the same date.

Please note that only Retail Investors (defined below) shall be allowed to place their bids only on the T+1 day. Further, those non-Retail investors who have placed their bids on T day and have chosen to carry forward their bids to T+1 day, shall be allowed to revise their bids on T+1 day as per the SEBI OFS Circulars.

(T day and T+1 day, collectively referred to as, "Offer Dates")

Floor Price : The Floor Price for the Offer shall be INR 62 (INR Sixty Two only) per equity share.

Pdf Link: >Notice of Offer for Sale of shares by Promoter & Floor Price

Source : BSE - >www.bseindia.com

Published on September 28, 2016
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