MOTILAL OSWAL FINANCIAL SERVICES LTD. - 532892 - Submission Of Letter Of Offer Dated June 13, 2022 For Buy-Back Of Up To 14,54,545 Equity Shares At A Price Of INR 1,100 For An Amount Not Exceeding INR 160 Crores By Motilal Oswal Financial Services Limited ('Buy-Back') On A Proportionate Basis, Through Tender Offer Process, In Accordance With The Provisions Of The Companies Act, 2013, And Rules Made Thereunder, And The Securities And Exchange Board Of India (Buy-Back Of Securities) Regulations, 2018 (The 'SEBI Buy-Back Regulations') And Other Applicable Laws (The 'Buy-Back')
This is with reference to the captioned subject and in furtherance of our earlier intimations regarding submission of the Draft Letter of Offer dated May 25, 2022. In continuation to above, please find enclosed herewith the Letter of Offer dated June 13, 2022 for the captioned Buy-back for your further dissemination. In accordance with the SEBI Buy-back Regulations, the Company shall mail and/ or dispatch the Letter of Offer on or before June 17, 2022 for the Buyback to the shareholders holding Equity Shares of the Company as on the Record Date i.e. May 27, 2022. Further, the copy of Letter of Offer along with Tender Form and Form SH-4 are also made available on the website of the Company i.e., https://www.motilaloswalgroup.com/Investor-Relations/Disclosures/Buyback., BSE Limited i.e. www.bseindia.com and National Stock Exchange of India Limited i.e. www.nseindia.com.13-06-2022
