Rail Vikas Nigam Ltd - 542649 - Notice of Offer for Sale of Shares by Promoter & Floor Price
The President of India, acting through and represented by Ministry of Railways, Government of India ("the Promoter") of Rail Vikas Nigam Ltd ("the Company") has submitted to BSE a Notice of Offer up to 20,85,02,010 Equity Shares of the Company, (representing 10% of the total issued and paid up equity share capital of the Company) ("Base Offer Size"), on March 24, 2021, ("T day") (for non-Retail Investors only) and on March 25, 2021 ("T+1 day") (for Retail Investors and for non-Retail Investors who choose to carry forward their un-allotted bids) with an option to additionally sell 10,42,51,005 Equity Shares (representing 5% of the total issued and paid up equity share capital of the Company) (the "Oversubscription Option" and in the event that the Oversubscription Option is exercised, the Equity Shares forming part of the Base Offer Size and the Oversubscription Option will represent 15% ofoutstanding Equity Shares of the Company, i.e. 31,27,53,015 Equity Shares, and will collectively, hereinafter be referred to as "Offer Shares" while in the event that such Oversubscription Option is not exercised, the Equity Shares forming part of the Base Offer Size will be referred to as "Offer Shares") through a separate, designated window of the BSE Limited (the "BSE") and the National Stock Exchange of India Limited ("NSE", and together with the BSE, the "Stock Exchanges"), representing 10% of the total paid up equity share capital of the Company (held in dematerialized form in one or more demat accounts with the relevant depository participant), in accordance with the OFS Guidelines (such offer...23-03-2021