Buyback of equity shares | HCL Technologies

Buyback of equity shares

BUYBACK OF EQUITY SHARES

Dear Member(s),

Subject: OFFER TO BUYBACK UPTO 3,50,00,000 (THREE CRORES FIFTY LAKHS) FULLY PAID-UP EQUITY SHARES OF FACE VALUE OF 2/- (RUPEES TWO ONLY) EACH, AT A PRICE OF 1,000/- (RUPEES ONE THOUSAND ONLY) PER EQUITY SHARE PAYABLE IN CASH FOR AN AGGREGATE MAXIMUM AMOUNT OF 3500,00,00,000/- (RUPEES THREE THOUSAND FIVE HUNDRED CRORES ONLY), FROM THE EQUITY SHAREHOLDERS / BENEFICIAL OWNERS OF EQUITY SHARES OF THE COMPANY AS ON THE RECORD DATE, I.E. MAY 25, 2017 (THE “ELIGIBLE SELLERS”), ON A PROPORTIONATE BASIS THROUGH THE TENDER OFFER ROUTE USING THE STOCK EXCHANGE MECHANISM.

With reference to the above, you are requested to download the “Letter of Offer”, the “Tender Form and the “Share Transfer Form” (applicable in case of physical shareholders) for participating in the Buyback Offer by clicking on the following link https://www.alankit.com/rta.aspx.

We wish to inform you that the offer period for the Buyback of Equity Shares of the Company will open on Monday, June 12, 2017 and close on Friday, June 23, 2017. The procedure for tendering the Equity Shares is set out in Clause 20 (Procedure for Tender / Offer and Settlement) of the Letter of Offer.

Kindly note that in case you wish to receive a hard copy of the Letter of Offer and/or the Tender Form, you may send a request to the Registrar to Buy Back at hcl_buyback@alankit.com.

For other details of the Buyback Offer, please refer to the Letter of Offer and the Tender Form.

You are requested to take note of the following schedule of activities in relation to the Buyback:

1

Buyback Opening Date

Monday, June 12, 2017

2

Buyback Closing Date

Friday, June 23, 2017

3

Last date and time for receipt of the completed Tender Forms and other specified documents including physical share certificates (if and as applicable) by the Registrar

Tuesday, June 27, 2017 by 5:00 p.m.

4

Last Date of settlement of bids on the Stock Exchange

Wednesday, July 05, 2017

BSE Limited has been appointed as the “Designated Stock Exchange” to provide a separate “Acquisition Window” to facilitate placing of sell orders by Eligible Sellers who wish to tender their Equity Shares in the Buyback.

In case of any query, you may contact the Manager / Joint Manager to the Buyback or Registrar to the Buyback, at the details mentioned below

MANAGER / JOINT MANAGER TO THE BUYBACK

REGISTRAR TO THE BUYBACK

HCLTECH

HCLTECH

HCLTECH

Axis Capital Limited
1st Floor, Axis House, C-2 Wadia International Centre, P. B. Marg, Worli, Mumbai 400 025, Maharashtra, India
Tel.: +91 22 4325 2183
Fax: +91 22 4325 3000
Email: hcl.buyback@axiscap.in
Website: www.axiscapital.co.in
Contact Person: Mr. Ankit Bhatia
SEBI Regn. No.: INM000012029
Validity Period: Valid up to January 01, 2018

Credit Suisse Securities (India) Private Limited
9F/10F, Ceejay House, Plot F, Shivsagar Estate, Dr. Annie Besant Road Worli, Mumbai 400 018, Maharashtra, India
Tel.: + 91 22 6777 3777
Fax: +91 22 6777 3820
Email: list.hclbuyback2017@credit-suisse.com
Website:www.credit-suisse.com
Contact Person: Ms.Somwrita Biswas
SEBI Regn. No.: INM000011161
Validity Period: Permanent

Alankit Assignments Limited
Unit: HCL Technologies Limited 205-208, Anarkali Market, Jhandewalan Extension New Delhi- 110055, India Tel.: +91 11 4254 1234; 2354 1234
Fax: +91-011-4154 3474; 2355 2001
Email: hcl_buyback@alankit.com
Website: www.alankit.com
Contact Person: Mr. Pankaj Goenka / Mr. R S Maurya
SEBI Regn. No.: INR000002532
Validity Period: Permanent

 

Note: All capitalised terms, unless defined herein, shall have the meaning ascribed to them in the Letter of Offer.