Equippp Social Impact Technologies Ltd - 590057 - Updates on Offer for Sale of Shares
With reference to the earlier announcement dated November 07, 2023 regarding Offer for Sale of Shares of Equippp Social Impact Technologies Ltd ("the Company"), In this regard, Equivas Capital Private Limited (the "Seller") has now informed BSE as under :"This refers to the ongoing Offer for Sale ('OFS') of upto 92,78,571 equity shares (Base offer size) with an option to additionally sell 20,61,905 equity shares (Oversubscription option) of Equippp Social Impact Technologies Limited ('Listed Company') by Equivas Capital Private Limited ('Seller'), one of the promoters, through a separate, designated window of the National Stock Exchange of India Limited ('NSE') on Wednesday, November 8, 2023 ('T day'), for non-Retail investors only and on Thursday, November 9, 2023 ('T+1 day') for retail investors and those non-Retail Investors who choose to carryforward their un-allocated bids.In compliance with the provisions of clause 7.5 of the SEBI OFS Circular dated January 10, 2023, the unsubscribed portion of the non-retail segment shall be allowed to be carried forward to T+1 day and shall be allowed for bidding in the retail segment. Pursuant to the same, the unsubscribed portion of 82,38,571 equity shares (after deducting 10,40,000 equity shares being the subscribed portion) under non-Retail Category, will be carried forward to the Retail Category. Hence, the total number of equity shares available to the retail investors for bidding on Thursday, November 9, 2023 may please be revised to 82,38,571 equity shares.We further confirm that, we are not availing Green shoe option for the ongoing OFS."08-11-2023