Buyback of equity shares of KDDL Limited (Scrip code: 532054)

NOTICES

Notice No.		20230124-2		Notice Date		24 Jan 2023
Category		Company related		Segment		Equity
Subject		Buyback of equity shares of KDDL Limited (Scrip code: 532054)
Attachments		KDDL_PA.pdf ;
Content

Trading Members are hereby informed that KDDL Limited (Scrip code: 532054) has announced buyback of its fully paid-up equity shares of face value of Re. 10/- each from the Open Market through electronic trading mechanism of the Exchange. The Maximum Buyback Price would not exceed Rs. 1,200/- (Rupees One Thousand Two Hundred only) per equity share payable in cash for an aggregate amount not exceeding Rs. 2,100 Lakhs (Rupees Two Thousand One Hundred Lakhs only).<_o3a_p>

1. Proposed timetable for buyback:<_o3a_p>

Date of Opening of the Buyback<_o3a_p>

January 25, 2023<_o3a_p>

Last Date for the Buyback<_o3a_p>

Earlier of:<_o3a_p> a. July 24, 2023 (i.e. within six months from the date of the commencement of the Buyback).<_o3a_p> b. when the Company completes the Buyback by deploying the amount equivalent to the Maximum Buyback Size; or<_o3a_p> c. at such earlier date as may be determined by the Board or its committee of directors, after giving notice of such earlier closure, subject to the Company having deployed an amount equivalent to the Minimum Buyback Size (even if the Maximum Buyback Size has not been reached or the Maximum Buyback Shares have not been<_o3a_p> bought back), provided, that all payment obligations relating to the Buyback shall be completed before the last date for the Buyback<_o3a_p>

2. Broker Members for buyback:<_o3a_p>

The company has appointed the following BSE Trading Members through whom the purchases and settlement on account of the buyback would be made:<_o3a_p>

Antique Stock Broking Limited<_o3a_p>

Address: ITI House, 36, Dr. R.K.Shirodkar Marg, Parel, Mumbai 400 012<_o3a_p>

Tel.: [phone]<_o3a_p>

Email:[e-mail]<_o3a_p>

Contact Person: Jignesh Sangani<_o3a_p>

Clearing No: 119<_o3a_p>

Client Code: 2275<_o3a_p>

3. Details of Shares held in DEMAT Form.<_o3a_p>

The Trading Members may note that the Equity Shares held in DEMAT form can be offered for Buyback to the Company in rolling settlement, as per details mentioned below:<_o3a_p>

Scrip Code<_o3a_p>	532054<_o3a_p>
Market Lot<_o3a_p>	1 Share<_o3a_p>
Scrip ID<_o3a_p>	KDDL*<_o3a_p>

4. Circuit Filters, Margins, Capital Adequacy Norms, Auction, Close out, Arbitration, etc. are applicable in case of buyback as in the case of the normal trading.<_o3a_p>

5. Institutional Investors are allowed to participate in the buyback.<_o3a_p>

6. Please note that, settlement will be with normal equity cash segment trades and market type for delivery will be "Normal" equity cash segment<_o3a_p>

7. The documents are available in Department of Corporate Services for inspection. In case of any queries /clarifications on the scheme of buyback, Trading Members may please contact the under mentioned persons:<_o3a_p>

Merchant Banker to the Buyback:<_o3a_p>

ITI Capital Limited<_o3a_p>

Address: ITI House 36, Dr. R. K. Shirodkar Marg, Parel, Mumbai - 400 012<_o3a_p>

Tel.: [phone]<_o3a_p>

Fax: [phone]<_o3a_p>

Contact Person: Mihir Pandhi / Pallavi Shinde<_o3a_p>

Email:[e-mail]<_o3a_p>

Website:www.iticapital.in<_o3a_p>

SEBI Registration No.: INM000010924<_o3a_p>

At the Company:<_o3a_p>

Name: Brahm Prakash Kumar<_o3a_p>

Tel: [phone]<_o3a_p>

Fax: [phone]<_o3a_p>

Website:www.kddl.com<_o3a_p>

Email id:[e-mail]<_o3a_p>

Registrar to the buyback and Investor service centre:<_o3a_p>

Mas Services Limited<_o3a_p>

Address: T-34, 2nd Floor, Okhla Industrial Area, Phase - II, New Delhi - 110 020<_o3a_p>

Tel. No.: 011- 26387281/82/83,41320335<_o3a_p>

Fax: [phone]<_o3a_p>

Contact Person: Mr. N.C. Pal<_o3a_p>

Email:[e-mail]<_o3a_p>

Website:www.masserv.com<_o3a_p>

At the Exchange:<_o3a_p>

Clearing & Settlement Department -<_o3a_p>

Mr. Nilesh Shah/Ajay Darji - Extn: 022-22728468/5163/5628/8223/5784<_o3a_p>

Email Id:[e-mail]<_o3a_p>

Trading Department -<_o3a_p>

Trading Operations - Extn: 022-2272- 8376 (For Trading Related)<_o3a_p>

Listing Operations Department -<_o3a_p>

Mr. Raghavendra Bhat Extn: 022-2272-8915/8995 (For General Queries)<_o3a_p>

Email Id:[e-mail]<_o3a_p>

Rupal Khandelwal<_o3a_p>

Assistant General Manager<_o3a_p>

January 24, 2023