BSE Limited Buyback Offer Jan 2018

BSE was formerly known as Bombay Stock Exchange Ltd. In 2005 company was incorporated with the name as “BSE LIMITED”. BSE Ltd is Asia’s first and fastest stock exchange in the world. BSE Ltd provides trading in equity, currencies, debt instruments, derivatives, mutual funds. BSE also provides trading in small-and-medium enterprises (SME). The company went public in Jan 2017 and become India’s first listed stock exchange.

Buy Back Offer Deal:

Buyback Type: Open Market
Buyback Record Date: Feb 01 2018
Buyback Opening Date: Feb 01 2018
Buyback Closing Date: Jul 31 2018
Buyback Offer Amount: ₹ 166 cr
Date of Board Meeting approving the proposal: Jan 15 2018
Date of Public Announcement: Jan 23 2018
Buyback Offer Size: 3.28%
Buyback Number of Shares: 15.9 Lacs
FV: 2
Buyback Price: ₹ 1100 Per Equity Share
Letter for Offer Link

Details of Buyback:

1.The Maximum Buyback Price of 1,100/- (Rupees One thousand One Hundred Only) per Equity Share has been arrived at after considering various factors, including trends in the market price of the Equity Shares onNSE during the one month / six months preceding the date of the Board Meeting/ including average of the weekly high and low of the closing share price of the Equity Shares of the Company on the Stock Exchanges (up to January 12, 2018) the net worth of the Company and the potential impact of the Buyback on the earnings per share and other similar ratios of the Company. The Maximum Buyback Price excludes the Transaction Costs. 2. The Buyback is proposed to be completed within a maximum period of 6 (six) months from the date of commencement of the Buyback Subject to the Maximum Buyback Price of 1,100/- (Rupees One Thousand One Hundred Only) per Equity Share, maximum validity period of 6 (six) months

Source of funds for the Buyback:

The amount required by the Company for the Buyback including the cost of financing the Buyback and the Transaction Costs) will be from the internal accruals of the Company.

Shareholding Pattern Pre and Post buyback:

  Particulars Pre Buyback Post Buyback
 Equity Shares %  Equity Shares %
(i) Promoters/Group 0.00 0.00
(iii) Trading Members and Associates of Trading Members 2,07,46,779 38.56 5,22,99,082 100
(iv) ) Public 3,30,61,393 61.44
 Total 5,38,08,172 100.00 5,22,99,082 100

How to Participate in buyback?

1. For participation in the Buyback process from "Open Market Buyback", the investor should have shares of BSE in their Demat account or Physical form before the Record date of 1st Feb 2018. 2. BSE will buyback 15240 shares(calculated by dividing total shares to be buyback/no. of working days) every morning at Current Market Price subject to the Maximum price of Rs. 1100 as mentioned in the buyback offer. 3. And as an investor, you can place your sell bid in the market similar to the selling of normal shares.

Profit from the buyback on the bases of acceptance Ratio:

Not Applicable Due to Open Market Buy Back

Registrar Contact Details:

Edelweiss Financial Services Limited Edelweiss House, Off. C.S.T. Road. Kalina, Mumbai - 400 098 Phone No. +91 22 4009 4400. Fax: +91 22 4086 3610 E-mail: bse.buyback2018@edelweissfin.com Website: www.edelweissfin.com

Company Contact Details:

BSE Limited Phiroze Jeejeebhoy Towers Dalal Street Mumbai- 400001 Phone No. 91 22 22721233/4, 91 22 66545695 Fax No. 91 22 22721919 Email: corp.comm@bseindia.com

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