Composite issue of Sar Televenture Limited ("Company") comprising of further public offering of up to 71,42,500 equity shares of face value of Rs. 2 each ("fpo equity shares") for cash at a price of Rs. 210 per fpo equity share (including a premium of Rs. 208 per fpo equity share) ("fpo price") aggregating up to Rs. 149.99 crores ("Further Public Offer") of which 3,57,000 fpo equity shares of face value of Rs. 2 each for cash at a price of Rs. 210/- per fpo equity share, aggregating to Rs. 7.50 crores will be reserved for subscription by the market maker to the offer (the "Market maker reservation portion") and an offer of up to 1,50,00,000 fully paid-up equity shares of face value Rs. 2 each ("Rights Equity Shares") of the company for cash at a price of Rs. 200 per rights equity share (including a premium of Rs. 198 per rights equity share) aggregating up to
Rs. 300.00 crores on a rights basis to the existing equity shareholders of the company ("Rights Issue") in the ratio of 1 rights equity shares for every 1 equity share held by the existing equity shareholders on the record date that is july 09, 2024. Together the further public offer and the rights issue is the "Offer". The further public offer less market maker reservation portion i.e. offer of 67,85,500 equity shares of face value of Rs. 2 each, at an issue price of Rs. 210 per equity share for cash, aggregating up to Rs. 142.50 crores is hereinafter referred to as the "Net Offer". The offer and net offer will constitute 19.23 % and 18.27 % respectively of the post- issue paid-up equity share capital of the company.
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