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Bartronics India Ltd. Capital/Financing Update 2024

Dec 17, 2024

64057_rns_2024-12-17_3f558c27-433d-4189-ac16-0189ff41d586.pdf

Capital/Financing Update

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17th December, 2024

To, To,
BSE Limited, National Stock exchange of India Limited,
Listing
Department,
P.J.
Towers,
Dalal
Exchange Plaza, C-1, Block G,
Street, Mumbai –
400 001
Bandra Kurla Complex, Bandra (E)
Scrip Code: 532694 Mumbai –
400 051
Symbol: ASMS

Dear Sir/Madam,

Subject: Disclosure/ Intimation about Offer for Sale (OFS) of 2,00,00,000 Equity Shares ("Shares") of Rs.1/- each of Bartronics India Limited (NSE Scrip ID: ASMS; BSE Scrip Code: 532694) by Promoter - Kinex India Private Limited (Formerly known as Antanium India Private Limited) through the Stock Exchange Mechanism (the "OFS Notice")

Ref: Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform that Kinex India Private Limited (Formerly known as Antanium India Private Limited), the Promoter of the Company has submitted a Notice of intimation of the proposed offer for sale through the Stock exchange mechanism of upto 2,00,00,000 equity shares of Rs. 1/- each for compliance with requirements of Regulation 38 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

A Copy of Notice is attached herewith for the information and disclosure.

You are requested to consider the same for your reference and record.

Thanking You,

Yours Faithfully, For Bartronics India limited N VIDHYA SAGAR REDDY Digitally signed by N VIDHYA SAGAR REDDY Date: 2024.12.17 17:06:06 +05'30'

N Vidhya Sagar Reddy Managing Director DIN: 09474749

Date; 17.19.9094

KINEX INDIA PRIVATE
LIMITED
(Formerly Known as ANTANIUM INDIA PRIVATE LIMITED)
Date; 17.19.9094
To To
BSE Limited National Stock exchange of India Limited
Listing Department, Exchange Plaza, C-1, Block G,
P.J. Towers, Dalal Street, Bandra Kurla Complex, Bandra (E)_
Mumbai — 400 001 Mumbai — 400 051
Scrip Code: 532694 Symbol: ASMS

Dear Sir /Madam,

Subject: Notice of Offer for Sale (OFS) of 2,00,00,000 Equity Shares ("Shares") of Re.1/- each of Bartronics India Limited (NSE Scrip ID- ASMS and BSE Scrip Code: 532694 by Promoter-M/s. Kinex India Private Limited (Formerly known as Antanium India Private Limited) through the Stock Exchange Mechanism (the "OFS Notice")

We wish to inform you that pursuant to,

  • a) The 'Comprehensive Framework on Offer for Sale (OFS) of Shares through Stock Exchange Mechanism' issued by the Securities and Exchange Board of India ("SEBI") vide its circular no. SEBI/HO/MRD/MRD-PoD-3/P/CIR/2023/10 dated January 10, 2023 (the "SEBI OFS Circular"),
  • b) The 'Revised Operational Guidelines for Offer for Sale (OFS) Segment! issued by BSE, vide its notice no. no. 20240701-19 dated July 1, 2024, and other amendments from time to time ("BSE OFS Circular") and, to the extent applicable, the previous notices issued by BSE in this regard;
  • c) The 'Revised operating guidelines of Offer for Sale" issued by NSE through its circular number 93/2024 dated July 12, 2024, and other amendments from time to time ("NSE OFS Circular") and, to the extent applicable, the previous circulars issued by NSE in this regard;
  • d) The 'Master circular for compliance with the provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 by listed entities' vide circular no. SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated July 11, 2023; and
  • e) The order of the National Company Law Tribunal, Hyderabad Bench dated March 10, 2022, Consequent upon the receipt of the March 26, 2021 order approving the Resolution Plan, there was a revision in the order which was passed on June 07, 2021 by the Hon'ble NCLT to rectify certain errors & omissions in the earlier order:

M/s. Kinex India Private Limited (Formerly known as Antanium India Private Limited) ('Seller'), Promoter of Bartronics India Limited (the "Company"), proposes to sell 2,00,00,000 equity shares of face value of Rs.1/- each representing 6.57% of the share capital of the Company (hereinafter referred to as 'Sale Shares") December 18, 2024 (''T Day') (for Non-Retail Investors) and December 19, 2024 ('T + 1 Day') (for Retails Investors as well as for Non-Retail Investors, who choose to carry forward their un-allotted bids from T day) through a sale on the separate window provided by National Stock Exchange of India Limited (NSE) and BSE Limited (BSE).

Regd office: Plot No. 87, 1" Floor, A" Cross Street, Thirumalai Nagar, Perungudi, Chennai-600096, India E-Mail ID: [email protected] Phone Number: 9030019208 CIN No U74900TN2013PTC092260

This Notice is being issued to the Stock Exchanges, pursuant to Clause 5(2) of the SEBI OFS Circular to announce the intention of the Seller to undertake the OFS and contains important details with respect to the OFS. Bidders and prospective investors as well as their brokers are requested to read the entire contents of this Notice, along with the SEBI OFS Circular, before participating in the OFS.

The OFS is being undertaken by the Seller for achieving the minimum public shareholding in the Company, as prescribed under Rule 19(2)(b) and Rule 19A of the Securities Contracts (Regulation) Rules, 1957 and Regulation 38 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Offer for Sale is one of the methods that has been prescribed by (d) The 'Master circular for compliance with the provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 by listed entities' vide circular no. SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated July 11, 2023, as an acceptable method for achieving minimum public shareholding criteria.

The OFS shall be undertaken exclusively through the Seller's Broker (defined later) on a separate window provided by NSE and BSE for this purpose.

NSE will be carrying out the activities of the designated stock exchange ("DSE"). The Seller shall deposit the Sale Shares with the NSE Clearing Limited (NCL') being the designated clearing corporation.

The information required to be announced under the SEBI OFS Circular is set out below in tabular form. Other important information in relation to the Sale is set out below under the heading "Important Information", and the information included therein forms an integral part of the terms and conditions of the Sale. Brokers and prospective buyers are required to read the information included in this Notice in its entirety along with the SEBI OFS Circulars.

For Kinex India Private Limited

(Formerly known as Antanium India Private Limited)

For KINEX INDIA P IMITED »

|

Director

Name: Venu Gopal Thota Designation: Director DIN: 01979738

KINEX LIMITED
PRIVATE
INDIA
(Formerly Known as ANTANIUM INDIA PRIVATE LIMITED)
Sr. From the Seller Company Details
No.
1.
Name
&
address
of
the
promoter
(promoter
or
non-promoter
entities
or
shareholders)
Seller Kinex India Private Limited
group (Formerly known as Antanium India Private Limited)
Address: Plot No. 87, lst Floor, 4th Cross Street,
2. Name
Company
of
the
shares are proposed to be sold and ISIN: INE855F01042
Thirumalai Nagar, Perungudi, Chennai, Tamil Nadu,
India, 600096
whose Name: Bartronics India Limited
3, ISIN Name of the Exchange(s) wherein National Stock Exchange of India Limited & BSE
4. the orders shall be placed.
Designated
Name
of
Exchange
Limited
Stock National Stock Exchange of India Limited will be the
Designated Stock Exchange.
The Sale shall be undertaken only through the trading
platform provided by the National Stock Exchange of
India Limited and BSE Limited.
NSE Clearing Limited ("NCL")
5;
6.
Designated Clearing Corporation
closing of the Offer for Sale
Date and time of the opening and A. For Non-Retail Investors: On December 18,
2024 ("T Day")
The Sale shall take place on a separate window of the
Stock Exchange on T Day, commencing at 9:15 a.m.
and shall close at 3:30 p.m. (Indian Standard Time) on
the same
On the T Day, Non-Retail
Investors
date.
may indicate their willingness to carry forward their
bids to T+1 Day for allocation of unsubscribed portion
of Sale Shares of Retail Category (defined below).
Please note that only Non-Retail Investors shall be
allowed to place their bids on T Day, i.e. [December
18, 2024].
For Retail
Investors
(defined
below)
and
for
B.
Non-Retail Investors who choose to carry forward
their bids: December 19, 2024 ("T+1 Day")
The Sale shall continue to take place on a separate
window
Exchange
T+1
Stock
Day,
on
of
the
commencing at 9:15 a.m. and shall close at 3:30 p.m.
(Indian Standard Time) on the same date.
Please note that only Retail Investors Stall be allowed
to place their bids only on the T+1 Day. Further, those
Non-Retail Investors who have placed their bids on T
Day and have chosen to carry forward their bids to
T+1 Day, shall be allowed to revise their bids on T+1
Day as per the SEBI OFS Circulars.
compliance
with the
provisions
of clause
7.5 o
ae?
In
SEBI OFS Circular, the bids of Non-Retail Jawbstors
Eo
allowed
forward
T+1
carry
Day.
shall
be
to
to
Similarly, the unsubscribed portion of the Non-Retail
Segment shall
forward
be allowed to
be carried
for
bidding in the Retail Segment.
(T Day and T+1
Day, are collectively referred to as,
methodology
Allocation
Fixed
-
price / Multiple price appendix.
Employee
or/and
allocation
Retail
methodology/
Retail
or/and
"Sale Dates")
1. The allocation shall be at or above the Floor Price
(defined below) on the price priority basis at multiple
OFS
accordance
SEBI
clearing
with
prices,
in
Circular.
Employee
reservation
%
&
Retail
or/and Employee Discount (if any)/
Bidding at cut-off for Retail
10.00%
Category
Shares
Retail
Sale
of
the
2.
equivalent to 20,00,000 equity shares shall be reserved
for Retail Investors subject to the receipt of valid bids
(the "Retail Category").
3. Retail Investor shall mean individual investor who
places bids for shares of total value of not more than
(Rupees Two
aggregated
Only)
2,00,000/-
Lacs
Rs.
across exchanges ("Retail Investor").
Exchange
The
Stock
decide
quantity
will
the
of
4.
shares eligible to be considered in the Retail Category,
based on the Floor Price (defined below) declared by
the Seller.
Unsubscribed
portion
reserved
shares
of the
for
5.
Retail Investors shall be allotted to the investors in the
Non-Retail Category choosing to carry forward their
who
T+1
have
been
day
and
bids
allotted
on
not
shares on T day. However, such Non-Retail Investors
required
willingness
indicate
carry
are
their
to
to
forward their bids on T+1 day.
6. No single bidder other than Mutual Funds registered
with the Securities and Exchange Board of India under
SEBI
(Mutual
Funds)
Regulations,
1996
and
the
insurance companies
Regulatory
Insurance
registered
with
and
the
Development
Authority
under
Insurance
the
Development
Regulatory
Authority
1999
and
Act,
shall be allocated more than 25% of the sale shares
being offered in the Sale.
7. Non - Retail Category
Non-Retail
Investors
have
option
carry
shall
an
to
forward their bids from T day to T+1 day. Non-Retail
Investor choosing to carry forward their bids to T+1
day are required to indicate their willingness to carry
forward
Further,
such
Investors
can
their bids.
also
day in accordance with the
revise their bids on T+1
SEBI OFS Circulars.
8. Non - Retail Category Allocation Methodology
For KINEX INDIA PRIVATE L

oe Director

A minimum of 25% of the shares in the Sale shall be
Mutual
Funds
reserved
registered
with
the
for
Exchange
Board
under
Securities
and
India
the
of
SEB]
(Mutual
Funds)
Regulations,
1996
and
Companies
Insurance
Insurance
registered
with
the
Development
Regulatory
Authority
under
and
the
Insurance Regulatory and Development Authority Act,
bids/orders
1999,
subject
receipt
of valid
or
to
at
above
Floor
allocation
Price
and
per
the
as
methodology. In the event of any under subscription
Companies,
Mutual
Funds
Insurance
and
by
the
unsubscribed
portion
be available to the other
shall
bidders.
9. Retail Category Allocation Methodology
Investor shall mean an
individual
investor
(a) Retail
who places bids for shares of total value of not more
than Rs. 2,00,000/- (Rupees Two Lacs Only) ("Retail
Investor").
10.00%
(20,00,000
Shares
equity
Sale
of
the
(b)
shares) being offered in the Sale shall be reserved for
Retail Investors, subject to receipt of valid bids.
(c) Retail Investors will have option to place their bid
Cut-Off Price
means
"Cut-Off Price".
lowest
the
at
price at which the
Shares are sold, as shall be
Sale
determined based on all valid bids received in Non
Retail Category on T Day.
(d) Any
offered to Non
unutilized
portion shall be
Retail Category bidders. In case of excess demand in
the retail category at the cut off price, allocation shall
be done on a proportionate basis.
10. Any unsubscribed portion of the Retail Category
shall, after allotment, be eligible for allocation in the
Non-Retail Category to the un-allotted bidders on T
day who choose to carry forward their bid on T+1 day
Non-Retail
choosing
Such
Investors,
carry
to
-
forward their bid to T+1 day, are required to indicate
their willingness to carry forward their bid to T+1 day.
8. Offer
(No
Size
of
percentage, face value)
(Iwo
Crores
shares, 2,00,00,000
Only)
equity
shares
6.57%
representing
share
capital
of
the
of
the
Company
offered
(hereinafter
Seller
by
the
are
referred to as the "Sale Shares").
9. Maximum
number
over Nil
of shares
and above the Offer Size (*)
10. Name
Appointed
of
Broker(s) and broker code
Seller Kotak Securities Limited
BSE Broker Code - 673
NSE Broker Code - 08081
MSE Broker Code - 1024
11. Floor price
12. Conditions,
if any,
Rs. 19/-
for withdrawal Conditions for withdrawal:
For KINEX INDIA PRIVATE LI
Director

For KINEX INDIA PRIVATE LI

or cancellation of the offer The Seller reserves the right not to proceed with the
Sale at any time prior to opening of the Sale on T Day.
In such a case there shall be a cooling period of 10
withdrawal
from
trading
days
before
date
the
of
Exchange
through
another
Stock
offer
sale
for
Mechanism is made.
Exchanges
disseminate
The
Stock
suitably
shall
details of such withdrawals.
Conditions for cancellation:
The Sale may be cancelled by the seller, in full (i) on
T day, post bidding, if the seller fails to get sufficient
demand from non-retail investors at or above the floor
Settlement
if there
a default
price;
the
or (ii)
in
is
Obligation.
In the event the aggregate no of valid orders received
from non retail investors in the sale at or above the
day
price
sufficient,
floor
on
T
not
seller
the
is
reserves the right to cancel the Sale, post bidding in
full (for both non retail investors and retail investors)
and not to proceed with the offer on T+1 day.
In case of default in Settlement Obligations, the seller
reserves the right to either conclude the sale, to the
extent of valid bids received or cancel the sale in full.
In such cases the decision to either conclude or cancel
the sale shall be at the sole discretion of the Seller.
13. Conditions
for participating
in the
Offer for Sale
Seller shall notify the Stock Exchange of its intention
for cancellation of the OFS post bidding latest by 5.00
p.m. (Indian Standard Time) on T Day.
in the Non
Non-Institutional Investors bidding
1.
100%
Category
deposit
Retail
shall
of the
bid
value
upfront
cash
with
clearing
the
in
corporation
at the time of placing
bids for the
Sale.
Institutional investors have an option of placing
2.
payment.
without
upfront
any
bids
case
of
In
institutional investors who place bids with 100%
deposited
custodian
value
upfront,
of the
bid
confirmation
within
trading
hours.
shall
be
In
who
investors
case
institutional
place
bids
of
100%
without
depositing
value
of
bid
the
custodian confirmation
upfront,
shall
be as
per
secondary
market
existing
rules
the
for
transactions.
In respect of bids in the Retail Category, clearing
3.
corporation shall collect margin to the extent of
100% of order value in cash or cash equivalents,
_Pay-in and pay-out for retail bids shall take place

For KINEX INDIA PRIV. TED

Director

as per applicable SEBI OFS Circulars.
Retail Investors may enter a price bid or opt for
bidding
under
cut-off
case
price,
of
at
in
subscription in the non-retail category, the retail
investors shall be allowed to place their bids at
the floor price.
The
funds
collected
neither
utilized
be
shall
obligation
trading
against
any
other
of
the
member nor co- mingled with other segments.
Individual retail investors shall have the option to
category
and
non-retail
bid
the
the
retail
in
However,
if the cumulative bid value
category.
individual
investor
across
and
by
the
an
retail
exceed
2,00,000/-
non-retail
categories
Rs.
Two
(Rupees
Lakhs),
bids
the
the
retail
in
become
category will
Further,
ineligible.
if the
cumulative bid value by an individual investor in
Exchange
category
Stock
across
the
retail
exceeds Rs. 2,00,000/- (Rupees Two Lakh only),
such bids shall be rejected.
Modification or cancellation of orders
(a) Orders placed
by Institutional Investors and
by Non- Institutional Investors, with 100% of
bid value deposited
upfront:
Such orders
the
can be modified or cancelled any time during the
trading hours;
(b) Orders
placed
investors
institutional
by
100%
without
depositing
value
the
bid
of
modified
upfront:
Such
cannot
orders
be
or
cancelled
investors
stock
brokers,
by
the
or
except for making upward revision in the price or
quantity. In case of any permitted modification or
cancellation
funds
of
the
bid,
the
shall
be
released / collected on a real-time basis by the
clearing corporation;
(c) Bids carried forward by Non-Retail Investors to
T+1 day may be revised in accordance with the
SEBI OFS Circulars.
(e) (d) Orders placed by Retail Investors (with 100% of
the bid value deposited upfront) can be modified
or cancelled any time during the trading hours on
T+I Day; and
modification
permitted
any
case
of
or
In
cancellations
funds
of
the
bids,
the
shall
be
released / collected on a real time basis by the
clearing corporation.
For KINEX INDIA PRIVAT
Director
Bidder shall also be liable to pay any other fees,
may
Exchange,
Stock
levied
be
by
the
as
including Securities Transaction Tax (STT).
Multiple
bidder
orders
from
single
shall
be
a
mentioned
permitted
conditions
subject
to
in
Point 6 above.
case of default
pay-in
any
bidder,
10.
by
an
In
in
amount aggregating to
10%
order value
of the
shall be charged as penalty from the investor and
collected from the broker. This amount shall be
Fund
Investor Protection
credited to the
of the
Stock Exchange.
The equity shares of the Company other than the
11.
Offer Shares shall continue trading in the normal
market. However, in case of market closure due
"Market
incidence
wide
breach
the
of
of
to
index- based circuit filter", the Offer shall also be
halted.
If the equity Shares of the company have a price
12.
segment the same shall not
band in the normal
apply to the bids placed in the Sale.
OFS
accordance
with
circulars,
13.
the
the
In
members
promoters
promoter
and
the
of
the
company,
group
allowed
of
the
not
are
to
participate in the Sale (apart from the OFS
by the
accordingly
from
and
any
Seller),
bid
the
promoters or members of the promoter group of
the company shall be rejected.
14. Settlement Settlement shall take place on a trade for trade
Non-Institutional
Investors
For
and
basis.
Institutional Investors who place orders with
100%
deposited
order value
upfront,
of the
Day
settlement
T+1
take
place
on
shall
in
accordance with the SEBI OFS Circulars.
In the case of Institutional Investors who place
2.
100%
without
depositing
order
bids
of the
settlement shall
value upfront,
be as per the
secondary
market
existing
rules
for
transactions (i.e., on T+2 Day).
For the bids received on T+1
Day, from the
Category,
settlement
Retail
take
the
shall
place on T+2 Day.
For the bids received on T+1
Day, from the
4.
un- allotted Non-Retail investors who choose
Day with
to carry forward their bid on T+1
100% of the order value deposited upfront, the
settlement shall take place on T+2 Day.
For the bids received on T+1
Day, from the
5.
un- allotted Non-Retail Investors who choose
to carry forward their bid on T+1 Day without

For KINEX INDIA PRIVATE LI TED Director

100% of the order value
depositing
upfront,
the settlement shall take place on T+2 Day.

Important Information

The Sale is personal to each prospective bidder (including individuals, funds or otherwise) registered with the broker of the Stock Exchanges who makes a bid (each a "Bidder") and neither the Sale nor this Notice constitutes an offer to sell or invitation or solicitation of an offer to buy, to the public, or to any other person or class of persons requiring any prospectus or offer document to be issued, submitted to or filed with any regulatory authority or to any other person or class of person within or outside India.

The Sale is being carried out in accordance with the SEBI OFS Circular and subject to the circulars, rules and regulations issued by the Stock Exchanges from time to time. There will be no public offer of the Sale Shares in India under the Companies Act, 2013 (as notified and applicable) as amended from time to time ("Companies Act") or in any other jurisdiction. Accordingly, no documents have been or will be prepared, registered or submitted for approval as a "prospectus" or an offer document with the Registrar of Companies in India under the Companies Act and/or Securities and Exchange Board of India ("SEBI") under the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended ("SEBI ICDR Regulations"), or to the Stock Exchanges or any other regulatory or listing authority in India or abroad, and no such document will be circulated or distributed to any person in any jurisdiction, including in India. The Bidders acknowledge and agree that any buy order or bid shall be made solely on the basis of publicly available information and any information available with SEBI, Stock Exchanges, Company's website or any other public domain, together with the information contained in this Notice. The Sale is subject to the further terms set forth in the contract note to be provided to the successful Bidders.

This Notice is for information purposes only and is neither an offer nor invitation to buy or sell nor a solicitation of an offer to buy to sell any securities, nor shall there be any sale of securities in any jurisdiction ("Other Jurisdiction") in which such offer, solicitation or sale is or may be unlawful whether prior to registration or qualification under the securities laws of any such jurisdiction or otherwise. This Notice and the information contained herein are not for publication or distribution, directly or indirectly, to persons in any Other Jurisdiction unless permitted pursuant to an exemption under the relevant local law or regulation in any such jurisdiction. Prospective Bidders should seek appropriate legal advice prior to participating in the Sale.

This Notice or information contained herein is not for release, publication or distribution in the United States of America, its territories and possessions, any state of the United States of America, and the District of Columbia (together, the "United States"), and is neither an offer to sell nor a solicitation of an offer to buy any securities of the Company in the United States. The Sale Shares have not been and will not be registered under the U.S. Securities Act of 1933 ("Securities Act") and may not be offered or sold in the United States except in transactions exempt from the registration requirements of the Securities Act. The Sale Shares will be offered outside the United States through offshore transactions in reliance upon Regulations S under the Securities Act. The purchasers of Sale Shares are hereby advised that any resale of such shares must be made in accordance with the registration requirements of the securities laws in the United States.

By submitting a bid in connection with the Sale or receiving the Sale Shares, each Bidder and any broker acting on such Bidder's behalf will be deemed to have (a) read and understood this Notice in its entirety. (b) Accepted and complied with the terms and conditions set out in this Notice; and (c) represented, Agreed and acknowledged that such Bidder is, and at the time the Sale Shares are

For KINEX INDIA PRIVATE, D

Director

purchased, will be, the beneficial owner of such Sale Shares, not an affiliate of the Company or a person acting on behalf of such an affiliate and located outside the United States and purchasing such Sale Shares in reliance upon Regulations S under the Securities Act. The purchasers of Sale Shares are hereby advised that any resale of such shares must be made in accordance with the registration requirements of the securities laws in the United States.

By submitting a bid on behalf of a buyer in connection with the Sale, each broker will also be deemed to have represented, agreed and acknowledged that it is located outside the United States and that none of the broker, its affiliates and all persons acting on its or their behalf has (a) engaged or will engage in any "directed selling efforts" (as defined in Regulation S under the Securities Act) in connection with the offer or sale of the Sale Shares, (b) engaged or will engage in any form of general solicitation or general advertising (each, within the meaning of Regulation D under the Securities Act) in connection with the offer or sale of the Sale Shares and (e) offered or will offer and sell the Sale Shares except outside the United States in reliance upon Regulation S.

Persons outside the United States

  • e The person understands that the Sale Shares have not been and will not be registered under the Securities Act or under any securities laws or any state of the United States and are being offered and sold in offshore transactions in reliance on Regulation S of the Securities Act;
  • e (a) The person was outside the United States (within the meaning of Regulation S) at the time the offer of the Sale Shares was made to it and it was outside the United States when its purchase order for the Sale Shares was originated and (b) if the person is a broker-dealer outside the United States acting on behalf of its customers, each of its customers has confirmed to it that such customer was outside the United States at the time the offer of the Sale Shares was made to it and such customer was outside the United States when such customer's buy order for the Sale Shares was originated;
  • e Bidder is empowered, authorized and qualified to purchase the Sale Shares;
  • e Bidder is not submitting a bid as a result of any 'directed selling effort' as defined under Regulation S.
  • e Bidder is purchasing the Sale Shares for investment purpose and not with a view of further distribution thereof. If in the future it decides to offer, resell, pledge or otherwise transfer any of the Sale Shares, it agrees that it will not offer, sell, pledge or otherwise transfer the Sale Shares except in a transaction complying with Rule 903 or Rule 904 of Regulation S or pursuant to another available exemption from registration requirements under the Securities Act and in accordance with all applicable securities laws of the states of the United States and any other jurisdiction, including India;
  • e Bidder is not an affiliate (as defined in Rule 405 under the Securities Act) of the Company or the Seller or a person acting on behalf of an affiliate of the Company or the Seller;
  • e Where the person is submitting a bid as a fiduciary or agent for one or more investor accounts, it has sole investment discretion with respect to each such account and it has full power to make the representations, warranties, agreements and acknowledgements herein;
  • e The placing of bids and any resultant purchase of the Sale Shares is and will be lawful under the laws of the jurisdiction in which the person places such bids to purchase the Sale Shares, in which the person is resident, and in which the sale and purchase of the Sale Shares is consummated, including under all applicable Indian laws, regulations and guidelines, including the SEBI OFS circular;

| a Director

  • e Bidder will not hold or seek to hold the Seller, the Company or the Seller's Broker and their respective directors, officers, employees or affiliates responsible or liable for any misstatements in or omissions from any publicly available information concerning the Company or the OFS;
  • e Bidder will not hold or seek to hold the Seller, the Company or the Seller's Broker or any other respective directors, officers, employees or affiliates responsible or liable for any losses incurred in connection with placing of bids and any resultant purchase of the Sale Shares;
  • e Bidder agrees to indemnify and hold the Seller, the Company and the Seller's Broker and their expenses (including legal fees and expenses) arising out of or in connection with any breach of these representatives, warranties, agreements or acknowledgements. The indemnity herewith shall survive the resale of the Sale Shares; and
  • e Bidder acknowledges that the Seller, the Company and the Seller's Broker and their respective directors, officers, employees or affiliates will rely upon the truth and accuracy of these representation, warranties, agreements and acknowledgements and agrees that if any of such representations, warranties, agreements and acknowledgements is no longer accurate it will promptly notify the Seller.

Any resale or other transfer, or attempted resale or other transfer, of the Sale Shares made other than in compliance with the above-stated restrictions shall not be recognized by the Company.

This Notice is not for publication or distribution, in whole or in part, in the United States of America, its territories and possessions any State of the United States of America, or the District of Columbia.

Thanking you.

Yours Sincerely,

For Kinex India Private Limited (Formerly known as Antanium India Private Limited)

For KINEX INDIA PR!

Director

Name: Venu Gopal Thota Designation: Director DIN: 01979738

(Formerly Known as ANTANIUM INDIA PRIVATE LIMITED)

The Managing Director, December 17, 2024 National Stock Exchange of India Limited, Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (EF) Mumbai - 400 051

Dear Sir/Madam,

Subject: Notice of Offer for Sale (OFS) of 2,00,00,000 Equity Shares ("Shares") of Re.1/- each of Bartronics India Limited (NSE Scrip ID- ASMS and BSE Scrip Code: 532694 by Promoter-M/s. Kinex India Private Limited (Formerly known as Antanium India Private Limited) through the Stock Exchange Mechanism (the "OFS Notice")

We wish to inform you that pursuant to,

  • a) The 'Comprehensive Framework on Offer for Sale (OFS) of Shares through Stock Exchange Mechanism' issued by the Securities and Exchange Board of India ("SEBI") vide its circular no. SEBI/HO/MRD/MRD-PoD-3/P/CIR/2023/10 dated January 10, 2023 (the "SEBI OFS Circular"),
  • b) The 'Revised Operational Guidelines for Offer for Sale (OFS) Segment' issued by BSE, vide its notice no. no. 20240701-19 dated July 1, 2024, and other amendments from time to time ("BSE OFS Circular") and, to the extent applicable, the previous notices issued by BSE in this regard;
  • c) The 'Revised operating guidelines of Offer for Sale" issued by NSE through its circular number 93/2024 dated July 12, 2024, and other amendments from time to time ("NSE OFS Circular") and, to the extent applicable, the previous circulars issued by NSE in this regard;
  • d) The 'Master circular for compliance with the provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 by listed entities' vide circular no. SEBJ/HO/CFD/PoD2/CIR/P/2023/120 dated July 11, 2023; and
  • e) The order of the National Company Law Tribunal, Hyderabad Bench dated March 10, 2022, Consequent upon the receipt of the March 26, 2021 order approving the Resolution Plan, there was a revision in the order which was passed on June 07, 2021 by the Hon'ble NCLT to rectify certain errors & omissions in the earlier order:

M/s. Kinex India Private Limited (Formerly known as Antanium India Private Limited) ('Seller'), Promoter of Bartronics India Limited (the "Company"), proposes to sell 2,00,00,000 equity shares of face value of Rs.1/- each representing 6.57% of the share capital of the Company (hereinafter referred to as 'Sale Shares') December 18, 2024 ('T Day') (for Non-Retail Investors) and December 19, 2024 ('T + 1 Day') (for Retails Investors as well as for Non-Retail Investors, who choose to carry forward their un-allotted bids from T day) through a sale on the separate window provided by National Stock Exchange of India Limited (NSE) and BSE Limited (BSE).

TED For KINEX INDIA PRIVATE LIM

Director

Regd office: Plot No. 87, 1" Floor, 4" Cross Street, Thirumalai Nagar, Perungudi, Chennai-600096, India E-Mail ID: [email protected] Phone Number: 9030019208 CIN No U74900TN2013PTC092260

This Notice is being issued to the Stock Exchanges, pursuant to Clause 5(2) of the SEBI OFS Circular to announce the intention of the Seller to undertake the OFS and contains important details with respect to the OFS. Bidders and prospective investors as well as their brokers are requested to read the entire contents of this Notice, along with the SEBI OFS Circular, before participating in the OFS.

The OFS is being undertaken by the Seller for achieving the minimum public shareholding in the Company, as prescribed under Rule 19(2)(b) and Rule 19A of the Securities Contracts (Regulation) Rules, 1957 and Regulation 38 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Offer for Sale is one of the methods that has been prescribed by (d) The 'Master circular for compliance with the provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 by listed entities' vide circular no. SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated July 11, 2023, as an acceptable method for achieving minimum public shareholding criteria.

The OFS shall be undertaken exclusively through the Seller's Broker (defined later) on a separate window provided by NSE and BSE for this purpose.

NSE will be carrying out the activities of the designated stock exchange ("DSE"). The Seller shall deposit the Sale Shares with the NSE Clearing Limited ('NCL') being the designated clearing corporation.

The information required to be announced under the SEB] OFS Circular is set out below in tabular form. Other important information in relation to the Sale is set out below under the heading "Important Information", and the information included therein forms an integral part of the terms and conditions of the Sale. Brokers and prospective buyers are required to read the information included in this Notice in its entirety along with the SEBI OFS Circulars.

For Kinex India Private Limited

(Formerly known as Antanium India Private Limited)

For KINEX INDIA PRIVA MITED

Director

Name: Venu Gopal Thota Designation: Director DIN: 01979738

(Formerly Known as ANTANIUM INDIA PRIVATE LIMITED)

(Formerly Known as ANTANIUM INDIA PRIVATE LIMITED)
Sr. From the Seller Company
Details
Name
Seller Kinex India Private Limited
address
&
of
the
group (Formerly known as Antanium India Private Limited)
(promoter
promoter
or
non-promoter
entities
or
shareholders)
Address: Plot No. 87, 1st Floor, 4th Cross Street,
Thirumalai Nagar, Perungudi, Chennai, Tamil Nadu,
India, 600096
Name
Company
whose Name: Bartronics India Limited
of
the
shares are proposed to be sold and ISIN: INE855F01042

ISIN
Name of the Exchange(s) wherein National Stock Exchange of India Limited & BSE
Limited
the orders shall be placed.
Name
Stock National Stock Exchange of India Limited will be the
Designated
of
Exchange
Designated Stock Exchange.
The Sale shall be undertaken only through the trading
platform provided by the National Stock Exchange of
India Limited and BSE Limited.
NSE Clearing Limited ("NCL')
5. _ Designated Clearing Corporation
Date and time of the opening and A. For Non-Retail Investors: On December 18,
2024 ("T Day")
closing of the Offer for Sale
The Sale shall take place on a separate window of the
Stock Exchange on T Day, commencing at 9:15 a.m.
and shall close at 3:30 p.m. (Indian Standard Time) on
the same
On the T Day, Non-Retail
Investors
date.
may indicate their willingness to carry forward their
bids to T+1 Day for allocation of unsubscribed portion
of Sale Shares of Retail Category (defined below).
Please note that only Non-Retail Investors shall be
allowed to place their bids on T Day, i.e. [December
18, 2024].
For Retail
Investors
below)
and
(defined
for
B.
Non-Retail Investors who choose to carry forward
their bids: December 19, 2024 ("'T+1 Day")
The Sale shall continue to take place
on a separate
KINEX LIMITED
INDIA PRIVATE
No.
1.
2.
3.
4.
6.
Day,
of
on
the
T+1_
commencing at 9:15 a.m. and shall close at 3:30 p.m.
(indian Standard Time) on the same date,
window
Exchange
Stock
Please note that only Retail Investors shall be allowed
to place their bids only on the T+1 Day. Further, those
Non-Retail Investors who have placed their bids on T
Day and have chosen to carry forward their bids to
T+1 Day, shall be allowed to revise their bids on T+1
KINEX INDIA PRI MATE LIMITED
Day as per the SEBI OFS Circular,
KY ( ory
In compliance with the provisions of clause 7.5 of the
SEBI OFS Circular, the bids of Non-Retail Investors
allowed
forward
Day.
carry
shall
T+1l
be
to
to
Similarly, the unsubscribed portion of the Non-Retail
Segment shall
be allowed to be carried
forward
for
bidding in the Retail Segment.
(T Day and T+1
Day, are collectively referred to as,
"Sale Dates")
methodology
Allocation
-
price / Multiple price appendix.
Employee
or/and
allocation clearing
Retail
methodology/
Retail
Employee
%
reservation
&
Retail
or/and Employee Discount (if any)/ 2.
Bidding at cut-off for Retail
Fixed 1. The allocation shall be at or above the Floor Price
(defined below) on the price priority basis at multiple
OFS
accordance
SEBI
with
prices,
in
or/and Circular.
Category
10.00%
Shares
Retail
Sale
of
the
equivalent to 20,00,000 equity shares shall be reserved
for Retail Investors subject to the receipt of valid bids
(the "Retail Category").
3. Retail Investor shall mean individual investor who
places bids for shares of total value of not more than
(Rupees Two
Only)
aggregated
2,00,000/-
Lacs
Rs.
across exchanges ("Retail Investor").
Exchange
The
Stock
decide the
quantity
will
of
4.
shares eligible to be considered in the Retail Category,
based on the Floor Price (defined below) declared by
the Seller.
Unsubscribed
reserved
portion
shares
of the
for
5.
Retail Investors shall be allotted to the investors in the
Non-Retail Category choosing to carry forward their
who
T+1
have
been
day
and
bids
allotted
on
not
shares on T day. However, such Non-Retail Investors
willingness
required
indicate
carry
their
are
to
to
forward their bids on T+1 day.
6. No single bidder other than Mutual Funds registered
with the Securities and Exchange Board of India under
SEBI
(Mutual
Funds)
Regulations,
1996
and
the
insurance companies
Regulatory
Insurance
registered
with
and
the
Development
Authority
under
Insurance
the
Development
Regulatory
Authority
1999
and
Act,
shall be allocated more than 25% of the sale shares
being offered in the Sale.
7. Non - Retail Category
Non-Retail
Investors
have
option
carry
an
shall
to
forward their bids from T day to T+1 day. Non-Retail
Investor choosing to carry forward their bids to T+]
day are required to indicate their willingness to carry
forward their
such Investors
Further,
can
bids.
also
day in accordance with the
revise their bids on T+1
PRIVATE LIMITED
SEBI OFS Circulars.
For KINEX1NBIAP ir)

Director

8. Non - Retail Category Allocation Methodology
A minimum of 25% of the shares in the Sale shall be
Mutual
Funds
reserved
registered
with
the
for
Exchange
Board
under
Securities
and
of India
the
SEBI
(Mutual
Funds)
Regulations,
1996
and
Companies
Insurance
Insurance
registered
with
the
Development
Regulatory
Authority
under
and
the
Insurance Regulatory and Development Authority Act,
bids/orders
1999,
subject
receipt
of valid
or
to
at
above
Floor
allocation
Price
and
per
the
as
methodology. In the event of any under subscription
Companies,
Mutual
Funds
Insurance
and
by
the
unsubscribed
portion
be available to the other
shall
bidders.
9. Retail Category Allocation Methodology
(a) Retail Investor shall mean an individual
investor
who places bids for shares of total value of not more
than Rs. 2,00,000/- (Rupees Two Lacs Only) ("Retail
Investor").
10.00%
Shares
(20,00,000
equity
Sale
of
the
(b)
shares) being offered in the Sale shall be reserved for
Retail Investors, subject to receipt of valid bids.
(c) Retail Investors will have option to place their bid
"Cut-Off Price".
Cut-Off Price
means
lowest
the
at
price at which the Sale
Shares are sold, as shall be
determined based on all valid bids received in Non
Retail Category on T Day.
(d) Any unutilized
offered to Non
portion
shall be
Retail Category bidders. In case of excess demand in
the retail category at the cut off price, allocation shall
be done on a proportionate basis.
10. Any unsubscribed portion of the Retail Category
shall, after allotment, be eligible for allocation in the
Non-Retail Category to the un-allotted bidders on T
day who choose to carry forward their bid on T+1 day
Non-Retail
choosing
Such
Investors,
carry
to
-
forward their bid to T+1
day, are required to indicate
their willingness to carry forward their bid to T+1 day.
8. Offer
Size
(No
of —
percentage, face value)
shares, 2,00,00,000
(Two
Crores
Only)
equity
shares
representing
6.57%
of
the
share
capital
of
the
Company
are
offered
by
the
Seller
(hereinafter
referred to as the "Sale Shares").
9. Maximum
number
of shares
over Nil
and above the Offer Size (*)
10. Name
of
Appointed
Broker(s) and broker code
Seller Kotak Securities Limited
BSE Broker Code - 673
NSE Broker Code - 08081
MSE Broker Code - 1024

For KINEX INDIA PRIVA MITED

Director

Floor price
11.
Rs. 19/-
for withdrawal
Conditions,
Conditions for withdrawal:
if any,
12.
or cancellation of the offer
The Seller reserves the right not to proceed with the
Sale at any time prior to opening of the Sale on T Day.
withdrawal
from
trading
days
before
date
the
of
Exchange
through
another
Stock
offer
sale
for
Mechanism is made.
Exchanges
disseminate
The
Stock
suitably
shall
details of such withdrawals.
Conditions for cancellation:
The Sale may be cancelled by the seller, in full (i) on
T day, post bidding, if the seller fails to get sufficient
demand from non-retail investors at or above the floor
Settlement
if there
a default
price;
the
or
(ii)
in
is
Obligation.
In the event the aggregate no of valid orders received
investors in the sale at or above the
from non retail
day
sufficient,
floor
price
not
on
the
T
is
full (for both non retail investors and retail investors)
and not to proceed with the offer on T+1 day.
In case of default in Settlement Obligations, the seller
reserves the right to either conclude the sale, to the
extent of valid bids received or cancel the sale in full.
In such cases the decision to either conclude or cancel
the sale shall be at the sole discretion of the Seller.
Seller shall notify the Stock Exchange of its intention
for cancellation of the OFS post bidding latest by 5.00
p.m. (Indian Standard Time) on T Day.
Conditions
for participating
the Non
Non-Institutional
Investors bidding
13.
in the
in
1.
Offer for Sale
100%
Category
deposit
Retail
shall
of the
bid
value
upfront
cash
with
clearing
the
in
corporation
of placing bids
at the time
for the
Sale.
Institutional investors have an option of placing
2.
payment.
without
upfront
any
bids
case
In
institutional investors who place bids with 100%
deposited
custodian
value
upfront,
of
the
bid
In such a case there shall be a cooling period of 10
seller
reserves the right to cancel the Sale, post bidding in
of
who
investors
case
of institutional
place
bids
without depositing 100% of the bid value upfront,
custodian
confirmation
shall
be
per
the
as
existing rules for secondary market transactions.
confirmation
within
trading
hours.
shall
be
In
In respect of bids in the Retail Category, clearing
3.
corporation shall collect margin to the extent of
100% of order value in cash or cash equivalents,
For KINEX INDIA PRIV

Director

Pay-in and pay-out for retail bids shall take place
as per applicable SEB] OFS Circulars.
Retail Investors may enter a price bid or opt for
bidding
under
cut-off
case
price,
of
at
in
subscription
in the non-retail category, the retail
be allowed to place their bids at
investors shall
the floor price.
The
funds
collected
neither
utilized
shall
be
obligation
against
any
other
trading
of
the
member nor co- mingled with other segments.
Individual retail investors shall have the option to
category
and
non-retail
bid
the
the
retail
in
category. However, if the cumulative bid value by
an individual
investor across the retail and non
(Rupees
exceed
categories
2,00,000/-
Rs.
retail
Two Lakhs), the bids in the retail category will
become ineligible. Further, if the cumulative bid
value
individual
investor
by
the
an
retail
in
Exchange
category
exceeds
Stock
across
Rs.
Two
(Rupees
Lakh
2,00,000/-
such
only),
bids
shall be rejected.
Modification or cancellation of orders
(a) Orders
placed
by Institutional Investors and
by Non- Institutional Investors, with 100% of
deposited
value
upfront:
Such
orders
the
bid
can be modified or cancelled any time during the
trading hours;
(b) Orders
placed
institutional
investors
by
100%
without
depositing
value
the
bid
of
modified
upfront:
Such
cannot
orders
be
or
cancelled
investors
brokers,
stock
by
the
or
except for making upward revision in the price or
quantity. In case of any permitted modification or
cancellation of the bid, the funds shall be released
/ collected
on a real-time basis by the clearing
corporation;
(c) Bids carried forward by Non-Retail Investors to
T+1 day may be revised in accordance with the
SEBI OFS Circulars.
(e) (d) Orders placed by Retail Investors (with 100% of
the bid value deposited upfront) can be modified
or cancelled any time during the trading hours on
T+I Day; and
permitted
modification
case
any
of
In
or
cancellations
funds
of
the
bids,
the
shall
be
released / collected on a real time basis by the
clearing corporation.

For KINEX INDIA PRIVAT,

Director

Bidder shall also be liable to pay any other fees,
8.
Exchange,
may
Stock
levied
by
the
be
as
including Securities Transaction Tax (STT).
Multiple
from
bidder
orders
single
shall
be
9.
a
mentioned
permitted
conditions
subject
to
in
Point 6 above.
case
of default
pay-in
any
bidder,
by
an
10. In
in
amount aggregating to
10%
order value
of the
shall be charged as penalty from the investor and
collected from the broker. This amount shall be
Fund
to the Investor Protection
credited
of the
Stock Exchange.
11. The equity shares of the Company other than the
Offer Shares shall continue trading in the normal
market. However, in case of market closure due
to the incidence of breach of "Market wide index
based circuit filter", the Offer shall also be halted.
12. If the equity Shares of the company have a
price
band in the normal segment the same
not
shall
apply to the bids placed in the Sale.
Settlement OFS
accordance
with
circulars,
the
the
13. In
members
promoters
promoter
and
the
of
the
company,
allowed
group
of
are
not
the
to
participate in the Sale (apart from the OFS by the
accordingly
from
and
any
Seller),
bid
the
promoters or members of the promoter group of
the company shall be rejected.
Settlement shall take place on a trade for trade
1.
Non-Institutional
For
Investors
and
basis.
Institutional Investors who place orders with
100%
deposited
value
upfront,
order
of the
Day
T+1
settlement
place
take
shall
on
in
accordance with the SEBI OFS Circulars.
In the case of Institutional Investors who place
2.
100%
without
depositing
order
bids
of the
value upfront, settlement shall
be as per the
secondary
market
existing
rules
for
transactions (i.e., on T+2 Day).
For the bids received on T+1
Day, from the
3.
Category,
settlement
Retail
take
the
shall
place on T+2 Day.
For the bids received on T+1
Day, from the
4.
un- allotted Non-Retail investors who choose
Day with
to carry forward their bid on T+1
100% of the order value deposited upfront, the
settlement shall take place on T+2 Day.
For the bids received on T+1
Day, from the
5.
un- allotted Non-Retail Investors who choose
to carry forward
Day without
on T+1
their
bid
depositing 100% of the order value upfront,
15. confirming
from
A
Letter
Seller
which
under
Seller
criteria
the
is
the settlement shall take place on T+2 Day.
Attached as Annexure I]
16. coming for OFS
Details of the authorized personnel
of OFS
purpose
such
for
the
as
Mr. Venu Gopal Thota
Mob: 9849055966
17. contact number, email id etc.
Undertaking from
Seller for usage
of Annexure II
e-mail ID: [email protected]
Attached as Annexure II
18. Confirmation
from
promoter/promoter
group
entities
/Non
Promoter
shareholders
on
non-purchase and /or sale of shares
company
period
of the
the
as
in
Attached as Sellers Undertaking (Annexure — II)
applicable under clause 2.4 of SEBI
Circular
ref.no.
SEBI/HO/MRD/MRD-PoD
3/P/CIR/2023/10 dated January
10,
2023
8, who
personnel(s)
Details
of
the
shall be present while opening the
envelope
containing
sealed
the
floor price (if any)
Not Applicable
20. Provide details
Employee in below format (in excel
of eligible Not Applicable
format):
Symbol
ISIN Date
Name of
Employee
PAN
number

For Kinex India Private Limited Forse eRe INA BRR AR Lied

ee

Director Name: Venu Gopal Thota Designation: Director DIN: 01979738

(Formerly Known as ANTANIUM INDIA PRIVATE LIMITED)

Important Information

The Sale is personal to each prospective bidder (including individuals, funds or otherwise) registered with the broker of the Stock Exchanges who makes a bid (each a "Bidder") and neither the Sale nor this Notice constitutes an offer to sell or invitation or solicitation of an offer to buy, to the public, or to any other person or class of persons requiring any prospectus or offer document to be issued, submitted to or filed with any regulatory authority or to any othér person or class of person within or outside India.

The Sale is being carried out in accordance with the SEBI OFS Circular and subject to the circulars, rules and regulations issued by the Stock Exchanges from time to time. There will be no public offer of the Sale Shares in India under the Companies Act, 2013 (as notified and applicable) as amended from time to time ("Companies Act") or in any other jurisdiction. Accordingly, no documents have been or will be prepared, registered or submitted for approval as a "prospectus" or an offer document with the Registrar of Companies in India under the Companies Act and/or Securities and Exchange Board of India ("SEBI") under the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended ("SEBI ICDR Regulations"), or to the Stock Exchanges or any other regulatory or listing authority in India or abroad, and no such document will be circulated or distributed to any person in any jurisdiction, including in India. The Bidders acknowledge and agree that any buy order or bid shall be made solely on the basis of publicly available information and any information available with SEBI, Stock Exchanges, Company's website or any other public domain, together with the information contained in this Notice. The Sale is subject to the further terms set forth in the contract note to be provided to the successful Bidders.

This Notice is for information purposes only and is neither an offer nor invitation to buy or sell nor a solicitation of an offer to buy to sell any securities, nor shall there be any sale of securities in any jurisdiction ("Other Jurisdiction") in which such offer, solicitation or sale is or may be unlawful whether prior to registration or qualification under the securities laws of any such jurisdiction or otherwise. This Notice and the information contained herein are not for publication or distribution, directly or indirectly, to persons in any Other Jurisdiction unless permitted pursuant to an exemption under the relevant local law or regulation in any such jurisdiction. Prospective Bidders should seek appropriate legal advice prior to participating in the Sale.

This Notice or information contained herein is not for release, publication or distribution in the United States of America, its territories and possessions, any state of the United States of America, and the District of Columbia (together, the "United States"), and is neither an offer to sell nor a solicitation of an offer to buy any securities of the Company in the United States. The Sale Shares have not been and will not be registered under the U.S. Securities Act of 1933 ("Securities Act") and may not be offered or sold in the United States except in transactions exempt from the registration requirements of the Securities Act. The Sale Shares will be offered outside the United States through offshore transactions in reliance upon Regulations S under the Securities Act. The purchasers of Sale Shares are hereby advised that any resale of such shares must be made in accordance with the registration requirements of the securities laws in the United States.

Director

Regd office: Plot No. 87, 1 Floor, 4" Cross Street, Thirumalai Nagar, Perungudi, Chennai-600096, India E-Mail ID: [email protected] Phone Number: 9030019208 CIN No U74900TN2013PTC092260

By submitting a bid in connection with the Sale or receiving the Sale Shares, each Bidder and any broker acting on such Bidder's behalf will be deemed to have (a) read and understood this Notice in its entirety. (b) Accepted and complied with the terms and conditions set out in this Notice; and (c) represented, Agreed and acknowledged that such Bidder is, and at the time the Sale Shares are purchased, will be, the beneficial owner of such Sale Shares, not an affiliate of the Company or a person acting on behalf of such an affiliate and located outside the United States and purchasing such Sale Shares in reliance upon Regulations S under the Securities Act. The purchasers of Sale Shares are hereby advised that any resale of such shares must be made in accordance with the registration requirements of the securities laws in the United States.

By submitting a bid on behalf of a buyer in connection with the Sale, each broker will also be deemed to have represented, agreed and acknowledged that it is located outside the United States and that none of the broker, its affiliates and all persons acting on its or their behalf has (a) engaged or will engage in any "directed selling efforts" (as defined in Regulation S under the Securities Act) in connection with the offer or sale of the Sale Shares, (b) engaged or will engage in any form of general solicitation or general advertising (each, within the meaning of Regulation D under the Securities Act) in connection with the offer or sale of the Sale Shares and (e) offered or will offer and sell the Sale Shares except outside the United States in reliance upon Regulation S.

Persons outside the United States

  • e The person understands that the Sale Shares have not been and will not be registered under the Securities Act or under any securities laws or any state of the United States and are being offered and sold in offshore transactions in reliance on Regulation S of the Securities Act;
  • e (a) The person was outside the United States (within the meaning of Regulation S) at the time the offer of the Sale Shares was made to it and it was outside the United States when its purchase order for the Sale Shares was originated and (b) if the person is a broker-dealer outside the United States acting on behalf of its customers, each of its customers has confirmed to it that such customer was outside the United States at the time the offer of the Sale Shares was made to it and such customer was outside the United States when such customer's buy order for the Sale Shares was originated;
  • e Bidder is empowered, authorized and qualified to purchase the Sale Shares;
  • e Bidder is not submitting a bid as a result of any 'directed selling effort' as defined under Regulation S.
  • e Bidder is purchasing the Sale Shares for investment purpose and not with a view of further distribution thereof. If in the future it decides to offer, resell, pledge or otherwise transfer any of the Sale Shares, it agrees that it will not offer, sell, pledge or otherwise transfer the Sale Shares except in a transaction complying with Rule 903 or Rule 904 of Regulation S or pursuant to another available exemption from registration requirements under the Securities Act and in accordance with all applicable securities laws of the states of the United States and any other jurisdiction, including India;
  • e Bidder is not an affiliate (as defined in Rule 405 under the Securities Act) of the Company or the Seller or a person acting on behalf of an affiliate of the Company or the Seller;
  • e Where the person is submitting a bid as a fiduciary or agent for one or more investor accounts, it has sole investment discretion with respect to each such account and it has full power to make the representations, warranties, agreements and acknowledgements herein;

For KINEX INDIA PRIV ITED Director

  • e The placing of bids and any resultant purchase of the Sale Shares is and will be lawful under the laws of the jurisdiction in which the person places such bids to purchase the Sale Shares, in which the person is resident, and in which the sale and purchase of the Sale Shares is consummated, including under all applicable Indian laws, regulations and guidelines, including the SEBI OFS circular;
  • e Bidder will not hold or seek to hold the Seller, the Company or the Seller's Broker and their respective directors, officers, employees or affiliates responsible or liable for any misstatements in or omissions from any publicly available information concerning the Company or the OFS;
  • e Bidder will not hold or seek to hold the Seller, the Company or the Seller's Broker or any other respective directors, officers, employees or affiliates responsible or liable for any losses incurred in connection with placing of bids and any resultant purchase of the Sale Shares;
  • e Bidder agrees to indemnify and hold the Seller, the Company and the Seller's Broker and their expenses (including legal fees and expenses) arising out of or in connection with any breach of these representatives, warranties, agreements or acknowledgements. The indemnity herewith shall survive the resale of the Sale Shares; and
  • e Bidder acknowledges that the Seller, the Company and the Seller's Broker and their respective directors, officers, employees or affiliates will rely upon the truth and accuracy of these representation, warranties, agreements and acknowledgements and agrees that if any of such representations, warranties, agreements and acknowledgements is no longer accurate it will promptly notify the Seller.

Any resale or other transfer, or attempted resale or other transfer, of the Sale Shares made other than in compliance with the above-stated restrictions shall not be recognized by the Company.

This Notice is not for publication or distribution, in whole or in part, in the United States of America, its territories and possessions any State of the United States of America, or the District of Columbia.

Thanking you.

Yours Sincerely,

For Kinex India Private Limited (Formerly known as Antanium India Private Limited)

For KINEX INDIA PRIVA TED Director

Name: Venu Gopal Thota Designation: Director DIN: 01979738

(Formerly Known as ANTANIUM INDIA PRIVATE LIMITED)

4 LL PANMCXUTC AI

(On the letter head of the Kinex India Private Limited)

Non-Continuous Markets Group Date: December 17, 2024 National Stock Exchange of India Limited Exchange Plaza Bandra Kurla Complex Bandra (E) Mumbai-400051.

Dear Sir/Madam,

Securities & Exchange Board of India (SEBI) has provided comprehensive guidelines on sale of shares through Offer for Sale (OFS) mechanism vide circular no. CIR/MRD/DP/18/2012 dated July 18, 2012, Circular no. CIR/MRD/DP/04/2013 dated January 25, 2013, Circular no. CIR/MRD/ DP/17/2013 dated May 30, 2013, to facilitate offer for sale of shares by promoters / non-promoters of companies through a separate window. In order to encourage retail participation in OFS, enable other large shareholders to use the OFS mechanism and to expand the universe of the companies to use this framework, SEBI has further modified the OFS framework vide Circular no. CIR/MRD/DP/24/2014 dated August 8, 2014 and CIR/MRD/ DP/32/2014 dated Dec 01, 2014, CIR/MRD/ DP/12/2015 dated June 26, 2015, circular no. CIR/MRD/DP/36/2016 dated February 15, 2016, circular no. SEBI/HO/MRD/DOPI/CIR/P/201 8/159 dated December 28, 2018, circular no. SEBI/HO/MRD/MRD-PoD-3/P/CIR/2023/10 dated January 10, 2023 and circular no. SEBI/HO/MRD/MRD-PoD-3/P/CIR/2023/134 dated August 03, 2023.

In view of the above +/We Kinex India Private Limited wish to offer our sharesAimits—for sale of 2,00,00,000 (no. of sharesAinits) Equity Shares/Units-ef REFPsAnvits of face value Rs. 1/- each.

In this connection, L4 We wish to avail the Offer for Sale facility provided by the Exchange for offering shares/units based on the above SEBI guideline. "We, therefore, request you to kindly allow us to use NSE screen-based facilities and oblige. Please find attached details regarding Offer for Sale as enclosed in Annexure I.

H/We shall undertake to comply with all terms and condition of Offer for Sale (OFS) scheme mentioned in the Exchange Circular NSE/CMTR/62927 dated July 12, 2024 and any other circu a MITED For KINEX INDIA PRIV, issued by the Exchange or SEBI in this regards regard from time to time.

Director

Regd office: Plot No. 87, 1 Floor, 4" Cross Street, Thirumalai Nagar, Perungudi, Chennai-600096, India E-Mail ID: [email protected] Phone Number: 9030019208 CIN No U74900TN2013PTC092260

1/We shall ensure compliance with the requirements specified in the above SEBI circular and such other requirements as may be specified from time to time by Securities and Exchange Board of India (SEBI)

For providing the above-mentioned services, we shall pay a'sum of Rs. 3,00,000/- to NSE.

H/We shall execute, sign, and subscribe, to such documents, papers, agreements, covenants, bonds and/or undertakings as may be required by NSEIL from time to time.

Thanking you.

Yours faithfully,

For Kinex India Private Limited (Formerly known as Antanium India Private Limited) For KINEX INDIA PRI ITED Ua Pl

Director

Name: Venu Gopal Thota Designation: Director DIN: 01979738

(Formerly Known as ANTANIUM INDIA PRIVATE LIMITED)

Annexure IIT

Confirmation cum undertaking to be given by the Selling Promoter(s)/ Promoter Group entities

To

National Stock exchange of India Limited Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (E) Mumbai — 400 051 Symbol: ASMS

Sub: Offer for Sale (OFS) of Bartronics India Limited

Dear Sir,

V4 We, Kinex India Private Limited (Promoters/ Promoter group entities) ("Offerer") of Bartronics India Limited are intending to make an Offer for Sale (OFS) of approximately 2,00,00,000 equity shares ('Shares") of the face value of Re. 1/- each, through the Stock Exchange mechanism in accordance with SEBI Circular no. SEBI/HO/MRD/MRD-PoD-3/P/CIR/2023/10 dated January 10, 2023.

In this regard, 1/ we confirm the following:

  • a. I/We am/ are Promoters/Promoter Group Entities--Spenser(s}—Spenser—Greup—Entities of Bartronics India Limited.
  • T/ We am are not barred by SEBI or any other regulatory authority to carry out the Offer for Sale.
  • Bartronics India Limited is required to maintain a minimum public shareholding/unithelding of 25% in terms of rule 19(2)(b)/ 19A of Securities Contracts (Regulation) Rules, 1957 and the OFS has been undertaken by us to comply with the said rule.
  • The sharesAiaits offered are all listed on the Exchange and are in dematerialized mode.
  • None of the Promoters/Promoter Group Entities-Sponser(s}—Spenser—Group—Entities have bought or sold sharesAiits during the 2/4/12 week period prior to the date of Offer for Sale, except selling through OFS/ IPP. Further, it is confirmed that the gap between the proposed date of OFS and the last OFS/ IPP is at least 2 weeks.
  • The shares being offered for sale are free from all encumbrances and there is no regulatory prohibition on the said shares
  • I/We are aware BSE can change and amend requirements, guidelines and give further instructions to me/us and we shall bound by such regulatory requirements as intimated by BSE.
  • H/We shall provide all information as required for OFS as specified by the Exchange from time to time.

Further, -we wish to undertake that:

  • i. ¥/-We shall make an announcement of OFS, at least one trading day prior (T-1 day, T being the Day-I of OFS issue) to the commencement of OFS alongwith the necessary details as given in para 5(b) of the aforesaid circular
  • il. I/-We shall be depositing the shares with the Clearing oP oratee SN fhe Rebar AY appointed as per (iii) below at least 1 day prior to the opening of th FOE!

Director

Regd office: Plot No. 87, 1" Floor, A" Cross Street, Thirumalai Nagar, Perungudi, Chennai-600096, India E-Mail ID: [email protected] Phone Number: 9030019208 CIN No U74900TN2013PTC092260

  • iil. V4 We shall appoint Trading Member(s) of BSE to undertake the transaction and shall inform the same to BSE
  • 4 We shall bear all the expenses relating to the OFS
  • 1+We shall not buy/ sell shares of the company for a period of 2/4/12 weeks from the closure of OFS as prescribed by SEBI in its aforesaid circular, except offering the shares through OFS/ IPP by maintaining of time gap of at least 2 weeks.
  • Vi. ¥4 We shall disclose the floor price in the OFS Notice Submitted to the Exchange(s) In case of withdrawal of offer for sale prior to its proposed opening, 4~We shall not make an OFS within a period of 10 trading days from the date of such withdrawal.
  • Vil. I/We shall not cancel the OFS during the bidding period
  • Vill. I/We shall co-operate with BSE for completion of the allocation and settlement process in a timely manner as prescribed in the aforesaid SEBI circular

Thanking you,

Yours sincerely,

For Kinex India Private Limited (FormeF or Kanexaninsepinny Arde ayy ep Limited)

Director Name: Venu Gopal Thota Designation: Director DIN: 01979738

Trading member details

KINEX INDIA PRIVATE
(Formerly Known as ANTANIUM INDIA PRIVATE LIMITED)
LIMITED
Annexure - 1V
Sexller
Broker
Name/
BSE
Code
Trading member details
Seller
Client
per
database)
Seller
Client
Seller PAN
(Not
code (as Name Applicable if offered for
seller is Govt. sale (Base
Of India)
of shares
Issue size)
Total No. Total No. of shares
offered for sale
(Base
plus green shoe, if
any)
and break - up Non
Retail and Retail Computation
category
Address -
State
Code
required
for Stamp
Duty
Kotak
Limited
BSE
Broker
Code
673
IN300214
Securities 27329130
India
Private
Limited
Kinex AAECT9168R 2,00,00,000 Non-Retail
Category -
1,80,00,000 shares
Retail Category -
20,00,000 shares
36
NSE
Broker
Code
08081
MSE
Broker
Code
1024
Total
2,00,00,000 Non-Retail
Category -
1,80,00,000 shares
Retail Category -
20,00,000 shares
Designation: Director
DIN: 01979738
For Kinex India Private Limited
FOr RINEX INDIA DAV ATE TMMCED
Name: Venu Gopal Thota Director
ate
Limited)

Base
(No of Shares)
1,80,00,000
Green Shoe Option
(if any)
Total
(No of Shares)
Nil 1,80,00,000
20,00,000
2,00,00,000
Nil 20,00,000
2,00,00,000
Director
For Kinex India Private Limited Nil
PBivate Limited)

National Stock exchange of India Limited Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (E) Mumbai — 400 051 Symbol: ASMS

Sub: Letter of Authority

IT) Issue Details:

National Stock exchange of India Limited
Exchange Plaza, C-1, Block G,
Bandra Kurla Complex, Bandra (E)
Mumbai — 400 051
Symbol: ASMS
Dear Sir,
Sub: Letter of Authority
We, Kinex India Private Limited, Promoter of Bartronics India Limited hereby authorize Mr. Govind
Toshniwal to liaison and coordinate with BSE Limited with respect to the following issues:
IT) Issue Details:
Type of Issue
Revocation/
(e.g.
Amalgamation/
Arrangement,
Preferential,
Offer For Sale (OFS)
Bonus,
Rights, etc.)
Approval
Sought
For
(pls Offer for Sale (Minimum Public Shareholding) of 2,00,00,000
specify) equity shares
ID) Contact Details:
Company Consultant
Name
Designation
&
Contact
Person
of Venu Gopal Thota Mr. Govind Toshniwal
Telephone
(landline
Nos.
mobile)
& +91 9849055966 +91 86391 67135
Email - id [email protected] [email protected]
Thanking You,
Yours faithfully,
For Kinex India Private Limited
(Forme Hythe
AbMARWDaEThey PrRate Limited)
ea
Name: Venu Gopal Thota
Designation: Director
Director

ID) Contact Details:

Company Consultant
Name
Designation
&
Contact
Person
of Venu Gopal Thota Mr. Govind Toshniwal
Telephone
Nos.
(landline
mobile)
& +91 9849055966 +91 86391 67135
Email - id [email protected] [email protected]

Regd office: Plot No. 87, 1" Floor, 4" Cross Street, Thirumalai Nagar, Perungudi, Chennai-600096, India E-Mail ID: [email protected] Phone Number: 9030019208 CIN No U74900TN2013PTC092260

Processing Fees Payment Details

(Formerly Known as ANTANIUM INDIA PRIVATE LIMITED)
Processing Fees Payment Details
UTR No./Cheque/Demand Draft No.
3,54,000
30,000
3,24,000
17-12-2024
je]
Director
For Kinex India Private Limited
For KINEX INDIA PRIVATE LIMITED
(Formerly known as Antanium India Private Limited)

Regd office: Plot No. 87, 1" Floor, 4" Cross Street, Thirumalai Nagar, Perungudi, Chennai-600096, India E-Mail ID: [email protected] Phone Number: 9030019208 CIN No U74900TN2013PTC092260

Details for Invoice creation:

LIMITED
PRIVATE
KINEX INDIA
(Formerly Known as ANTANIUM INDIA PRIVATE LIMITED)
Details for Invoice creation:
KINEX INDIA PRIVATE LIMITED
Party Name:
No 7/1, Anna Salai, Welder Street, Chennai,
Address:
Tamil Nadu, 600002
Chennai
City:
Tamil Nadu
State:
CHEA33802G
TAN:
AAECT9168R
PAN:
33AAECT9168RIZG
GSTN:
Contact Person:
Venu Gopal Thota
+91 9849055966
Contact No .:
[email protected]
E-mail ID:
For Kinex India Private Limited
known as Antanium India Private Limited)
(Formerly
For
KINEX INDIA PRIVAT
LIMITED
Name: Venu Gopal Thota
Director
Designation: Director
DIN: 01979738

For Kinex India Private Limited

(Formerly Known as ANTANIUM INDIA PRIVATE LIMITED)

To December17,2024

Director

BSE Limited Listing Department, P.J. Towers, Dalal Street, Mumbai — 400 001 Scrip Code: 532694

Dear Sir /Madam,

Subject: Notice of Offer for Sale (OFS) of 2,00,00,000 Equity Shares ("Shares") of Re.1/- each of Bartronics India Limited (NSE Scrip ID- ASMS and BSE Scrip Code: 532694 by Promoter-M/s. Kinex India Private Limited (Formerly known as Antanium India Private Limited) through the Stock Exchange Mechanism (the "OFS Notice")

We wish to inform you that pursuant to,

  • a) The 'Comprehensive Framework on Offer for Sale (OFS) of Shares through Stock Exchange Mechanism' issued by the Securities and Exchange Board of India ("SEBI") vide its circular no. SEBI/HO/MRD/MRD-PoD-3/P/CIR/2023/10 dated January 10, 2023 (the "SEBI OFS Circular"),
  • b) The 'Revised Operational Guidelines for Offer for Sale (OFS) Segment' issued by BSE, vide its notice no. no. 20240701-19 dated July 1, 2024, and other amendments from time to time ("BSE OFS Circular") and, to the extent applicable, the previous notices issued by BSE in this regard;
  • c) The 'Revised operating guidelines of Offer for Sale" issued by NSE through its circular number 93/2024 dated July 12, 2024, and other amendments from time to time ("NSE OFS Circular") and, to the extent applicable, the previous circulars issued by NSE in this regard;
  • d) The 'Master circular for compliance with the provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 by listed entities' vide circular no. SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated July 11, 2023; and
  • e) The order of the National Company Law Tribunal, Hyderabad Bench dated March 10, 2022, Consequent upon the receipt of the March 26, 2021 order approving the Resolution Plan, there was a revision in the order which was passed on June 07, 2021 by the Hon'ble NCLT to rectify certain errors & omissions in the earlier order:

M/s. Kinex India Private Limited (Formerly known as Antanium India Private Limited) ('Seller'), Promoter of Bartronics India Limited (the "Company"), proposes to sell 2,00,00,000 equity shares of face value of Rs.1/- each representing 6.57% of the share capital of the Company (hereinafter referred to as 'Sale Shares') on December 18, 2024 ('T Day') (for Non-Retail Investors) and December 19, 2024 ('T + 1 Day') (for Retails Investors as well as for Non-Retail Investors, who choose to carry forward their un-allotted bids from T day) through a sale on the separate window provided by National Stock Exchange of India Limited (NSE) and BSE Limited (BSE).

This Notice is being issued to the Stock Exchanges, pursuant to Clause 5(2) of the SEBI OFS Circular to announce the intention of the Seller to undertake the OFS and contains important details with respect to the OFS. Bidders and prospective investors as well as their brokers are requested to read the entire contents of this Notice, along with the SEBI OFS Circular, before participating in the OFS.

The OFS is being undertaken by the Seller for achieving the minimum public shareholding in the Company, as prescribed under Rule 19(2)(b) and Rule 19A of the Securities Contracts (Regulation) Rules, 1957 and Regulation 38 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Offer for Sale is one of the methods that has been prescribed by (d) The 'Master circular for compliance with the provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 by listed entities' vide circular no. SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated July 11, 2023, as an acceptable method for achieving minimum public shareholding criteria.

The OFS shall be undertaken exclusively through the Seller's Broker (defined later) on a separate window provided by NSE and BSE for this purpose.

NSE will be carrying out the activities of the designated stock exchange ("DSE"). The Seller shall deposit the Sale Shares with the NSE Clearing Limited ('NCL') being the designated clearing corporation.

The information required to be announced under the SEBI OFS Circular is set out below in tabular form. Other important information in relation to the Sale is set out below under the heading "Important Information", and the information included therein forms an integral part of the terms and conditions of the Sale. Brokers and prospective buyers are required to read the information included in this Notice in its entirety along with the SEBI OFS Circulars.

For Kinex India Private Limited (Formerly known as Antanium India Private Limited) IMITED

Name: Venu Gopal Thota Director Designation: Director DIN: 01979738

(Formerly Known as ANTANIUM INDIA PRIVATE LIMITED)

KINEX INDIA PRIVATE
LIMITED
(Formerly Known as ANTANIUM INDIA PRIVATE LIMITED)
Sr. From the Seller Company Details
No. Name
address
&
of
the
Seller Kinex India Private Limited
promoter
(promoter
or
non-promoter
entities
group (Formerly known as Antanium India Private Limited)
or
shareholders)
Address: Plot No. 87, Ist Floor, 4th Cross Street,
Thirumalai Nagar, Perungudi, Chennai, Tamil Nadu,
India, 600096
Name
Company
of
the
shares are proposed to be sold and ISIN: INE855F01042
whose Name: Bartronics India Limited
ISIN
the orders shall be placed.
Name of the Exchange(s) wherein National Stock Exchange of India Limited & BSE
Limited
Name
Designated
of
Exchange
Stock National Stock Exchange of India Limited will be the
Designated Stock Exchange.
The Sale shall be undertaken only through the trading
platform provided by the National Stock Exchange of
India Limited and BSE Limited.
Designated Clearing Corporation
closing of the Offer for Sale
NSE Clearing Limited ('NCL')
Date and time of the opening and A. For Non-Retail Investors: On December 18,
2024 ("T Day")
The Sale shall take place on a separate window of the
Stock Exchange on T Day, commencing at 9:15 a.m.
and shall close at 3:30 p.m. (Indian Standard Time) on
On the T Day, Non-Retail
same date.
Investors
the
may indicate their willingness to carry forward their
bids to T+1 Day for allocation of unsubscribed portion
of Sale Shares of Retail Category (defined below).
Please note that only Non-Retail Investors shall be
allowed to place their bids on T Day, i.e. [December
18, 2024].
For
Investors
below)
(defined
and
Retail
for
B.
Non-Retail Investors who choose to carry forward
their bids: December 19, 2024 (""T+1 Day")
The
continue to take place
on a separate
Sale
shall
window
Exchange
Stock
Day,
of
the
on
T+1_
commencing at 9:15 a.m. and shall close at 3:30 p.m.
(Indian Standard Time) on the same date.
Please note that only Retail Investors shall be allowed
to place their bids only on the T+1 Day. Further, those
Non-Retail Investors who have placed their bids on T
Day and have chosen to carry forward their bids to
T+1 Day, shall be allowed to revise their bids on T+]
Day as per the SEBI OF 8 f-iR¢RIBSiNDIA PRIVATE
re
In compliance with the provisions of clause 7.5 of the
SEBI OFS Circular, the bids of Non-Retail Investors
allowed
forward
T+1
Day.
carry
shall
be
to
to
Similarly, the unsubscribed portion of the Non-Retail
Segment
be allowed to
forward
be carried
shall
for
bidding in the Retail Segment.
(T Day and T+1
Day, are collectively referred to as,
methodology
Allocation
Fixed
-
price / Multiple price appendix.
Employee
or/and
allocation
Retail
methodology/
Retail
or/and
"Sale Dates")
/
1. The allocation shall be at or above the Floor Price
(defined below) on the price priority basis at multiple
OFS
accordance
SEBI
clearing
prices,
with
in
Circular.
Employee
%
reservation
&
Retail
or/and Employee Discount (if any)/
Bidding at cut-off for Retail
10.00%
Category
Shares
Retail
Sale
of
the
2.
equivalent to 20,00,000 equity shares shall be reserved
for Retail Investors subject to the receipt of valid bids
(the "Retail Category").
3. Retail Investor shall mean individual investor who
places bids for shares of total value of not more than
(Rupees Two
aggregated
2,00,000/-
Only)
Lacs
Rs.
across exchanges ("Retail Investor").
Exchange
The
Stock
decide
quantity
of
will
the
4.
shares eligible to be considered in the Retail Category,
based on the Floor Price (defined below) declared by
the Seller.
Unsubscribed
reserved
portion
shares
of the
for
5.
Retail Investors shall be allotted to the investors in the
Non-Retail Category choosing to carry forward their
who
T+1
been
day
and
have
bids
allotted
on
not
shares on T day. However, such Non-Retail Investors
willingness
required
indicate
carry
are
their
to
to
forward their bids on T+1 day.
6. No single bidder other than Mutual Funds registered
with the Securities and Exchange Board of India under
SEBI
(Mutual
Funds)
Regulations,
1996
and
the
insurance companies
Regulatory
Insurance
registered
with
and
the
Development
Authority
under
Insurance
the
Development
Regulatory
Authority
1999
and
Act,
shall be allocated more than 25% of the sale shares
being offered in the Sale.
7. Non - Retail Category
Non-Retail
Investors
have
option
carry
an
shall
to
forward their bids from T day to T+1 day. Non-Retail
Investor choosing to carry forward their bids to T+1
day are required to indicate their willingness to carry
forward their bids.
Investors
Further,
such
can
also
day in accordance with the
revise their bids on T+1
SEBI OFS Circulars.

For KINEX INDIA PRIVATE Director

8. Non - Retail Category Allocation Methodology
A minimum of 25% of the shares in the Sale shall be
Mutual
Funds
reserved
registered
with
for
the
Exchange
Board
under
Securities
and
of India
the
SEB]
(Mutual
Funds)
Regulations,
1996
and
Companies
Insurance
Insurance
registered
with
the
Development
Regulatory
Authority
under
and
the
Insurance Regulatory and Development Authority Act,
bids/orders
1999,
subject
receipt
of valid
or
to
at
above
Floor
allocation
Price
and
per
the
as
methodology. In the event of any under subscription
Companies,
Mutual
Funds
Insurance
and
by
the
unsubscribed
portion
be available to
the other
shall
bidders.
9. Retail Category Allocation Methodology
(a) Retail Investor shall mean an
individual
investor
who places bids for shares of total value of not more
than Rs. 2,00,000/- (Rupees Two Lacs Only) ("Retail
Investor").
10.00%
(20,00,000
Shares
equity
Sale
of
the
(b)
shares) being offered in the Sale shall be reserved for
Retail Investors, subject to receipt of valid bids.
(c) Retail Investors will have option to place their bid
means
"Cut-Off Price".
Cut-Off Price
lowest
the
at
price at which the
Sale Shares are sold, as shall be
determined based on all valid bids received in Non
Retail Category on T Day.
(d) Any unutilized portion shall be
offered to Non
Retail Category bidders. In case of excess demand in
the retail category at the cut off price, allocation shall
be done on a proportionate basis.
10. Any unsubscribed portion of the Retail Category
shall, after allotment, be eligible for allocation in the
Non-Retail Category to the un-allotted bidders on T
day who choose to carry forward their bid on T+1 day
Non-Retail
choosing
Such
Investors,
carry
to
-
8. Offer
Size
(No
of
forward their bid to T+1 day, are required to indicate
their willingness to carry forward their bid to T+1 day.
shares, 2,00,00,000
(Iwo
Crores
Only)
equity
shares
percentage, face value) representing
6.57%
of
the
share
capital
of
the
Company
are
offered
by
the
Seller
(hereinafter
referred to as the "Sale Shares").
9.
10.
Maximum
number
of shares
over Nil
and above the Offer Size (*)
Name
of
Appointed
Seller Kotak Securities Limited
Broker(s) and broker code BSE Broker Code - 673
NSE Broker Code - 08081
MSE Broker Code
- 1024

For KINEX INDIA PRIVATE Director

Il.
12.
Floor price
for withdrawal
Conditions,
if any,
or cancellation of the offer
Rs. 19/-
Conditions for withdrawal:
The Seller reserves the right not to proceed with the
Sale at any time prior to opening of the Sale on T Day.
In such a case there shall be a cooling period of 10
withdrawal
from
trading
days
before
date
the
of
Exchange
another
through
Stock
offer
for
sale
Mechanism is made.
Exchanges
disseminate
The
Stock
suitably
shall
details of such withdrawals.
Conditions for cancellation:
The Sale may be cancelled by the seller, in full (i) on
T day, post bidding, if the seller fails to get sufficient
demand from non-retail investors at or above the floor
Settlement
if there
default
price;
in the
or (ii)
is
a
Obligation.
In the event the aggregate no of valid orders received
investors in the sale at or above the
from non retail
day
sufficient,
floor
price
on
T
not
the
seller
is
reserves the right to cancel the Sale, post bidding in
full (for both non retail investors and retail investors)
and not to proceed with the offer on T+1 day.
In case of default in Settlement Obligations, the seller
reserves the right to either conclude the sale, to the
extent of valid bids received or cancel the sale in full.
In such cases the decision to either conclude or cancel
the sale shall be at the sole discretion of the Seller.
Seller shall notify the Stock Exchange of its intention
for cancellation of the OFS post bidding latest by 5.00
p.m. (Indian Standard Time) on T Day.
13. Conditions for participating
in the
Offer for Sale
in the Non
Non-Institutional
Investors bidding
1.
100%
Category
deposit
Retail
shall
of the
bid
value
upfront
clearing
cash
with
the
in
corporation
at the time
of placing
bids
for the
Sale.
Institutional investors have an option of placing
2.
payment.
without
upfront
any
case
bids
of
In
institutional investors who place bids with 100%
deposited
custodian
value
upfront,
of the
bid
confirmation
within
trading
hours.
shall
be
In
who
case
of institutional
investors
place
bids
without depositing 100% of the bid value upfront,
confirmation
custodian
per
shall
be
the
as
existing rules for secondary market transactions.
In respect of bids in the Retail Category, clearing
3.
corporation shall collect margin to the extent of
100% of order
value
equivalents,
cash or
Paneer cash
in
INDIA
KINEX
For
a

(ye Director

Pay-in and pay-out for retail bids shall take place
as per applicable SEBJ OFS Circulars.
Retail Investors may enter a price bid or opt for
bidding
under
cut-off
case
price,
of
at
in
subscription in the non-retail category, the retail
be allowed to place their bids at
investors shall
the floor price.
The
funds
collected
neither
utilized
shall
be
obligation
trading
against
any
other
of
the
member nor co- mingled with other segments.
Individual retail investors shall have the option to
category
and
non-retail
bid
the
retail
the
in
category. However, if the cumulative bid value by
an individual investor across the retail and non
(Rupees
exceed
2,00,000/-
categories
retail
Rs.
Two Lakhs), the bids in the retail category will
become ineligible. Further, if the cumulative bid
value
individual
investor
by
the
an
retail
in
Exchange
category
exceeds
across
Stock
Rs.
(Rupees Two
Lakh
2,00,000/-
such
only),
bids
shall be rejected.
Modification or cancellation of orders
(a) Orders
Investors
placed
by Institutional
and
by Non- Institutional Investors, with 100% of
value deposited
upfront:
Such
orders
the
bid
can be modified or cancelled any time during the
trading hours;
(b) Orders
placed
investors
institutional
by
100%
without
depositing
value
the
bid
of
modified
upfront:
Such
cannot
orders
be
or
cancelled
investors
stock
brokers,
by
the
or
except for making upward revision in the price or
quantity. In case of any permitted modification or
cancellation of the bid, the funds shall be released
/ collected on a real-time basis
by the clearing
corporation;
(c) Bids carried forward by Non-Retail Investors to
T+1 day may be revised in accordance with the
SEBI OFS Circulars.
(d) Orders placed by Retail Investors (with 100% of
the bid value deposited upfront) can be modified
or cancelled any time during the trading hours on
T+I Day; and
permitted
modification
case
any
of
In
or
(e) cancellations
funds
of
bids,
the
the
shall
be
released / collected on a real time basis by the
__
clearing corporation.
Liyil
For KINEX INDIA PRIVATE
TED

ee oe

Bidder shall also be liable to pay any other fees,
8.
may
Exchange,
Stock
levied
by
be
the
as
including Securities Transaction Tax (STT).
Multiple
from
bidder
orders
single
shall
be
a
mentioned
permitted
conditions
subject
to
in
Point 6 above.
case
of default
pay-in
any
bidder,
by
10.
an
In
in
amount aggregating to
10%
order value
of the
shall be charged as penalty from the investor and
collected from the broker. This amount shall be
Fund
Investor Protection
credited
to the
of the
Stock Exchange.
The equity shares of the Company other than the
11.
Offer Shares shall continue trading in the normal
market. However, in case of market closure due
to the incidence of breach of "Market wide index
based circuit filter", the Offer shall also be halted.
If the equity Shares of the company have a
price
12.
in the normal segment the same shall not
band
apply to the bids placed in the Sale.
OFS
accordance
with
circulars,
the
the
13.
In
members
promoters
promoter
and
the
of
the
company,
allowed
group
the
not
of
are
to
participate in the Sale (apart from the OFS by the
accordingly
from
and
any
Seller),
bid
the
promoters or members of the promoter group of
the company shall be rejected.
14. Settlement Settlement shall take place on a trade for trade
1.
Non-Institutional
Investors
For
and
basis.
Institutional Investors who place orders with
100%
deposited
order value
upfront,
of the
T+1
Day
settlement
place
shall
take
on
in
accordance with the SEBI OFS Circulars.
In the case of Institutional Investors who place
2.
100%
without
depositing
order
bids
of the
settlement shall be as per the
value upfront,
secondary
market
existing
rules
for
transactions (i.e., on T+2 Day).
For the bids received on T+1
from the
Day,
3.
Category,
settlement
Retail
take
the
shall
place on T+2 Day.
For the bids received on T+1
from the
Day,
4.
un- allotted Non-Retail investors who choose
Day with
to carry forward their bid on T+1
100% of the order value deposited upfront, the
settlement shall take place on T+2 Day.
For the bids received on T+1
Day, from the
5.
un- allotted Non-Retail Investors who choose
bid on PRIVATE T+1 Pay Miho uy
to carry forward
their
INDIA
For KINEX
Director

Director

100%
depositing
order value
of the
upfront,
15. A Letter
criteria
from
Seller
under
which
coming for OFS
the Seller
is
the settlement shall take place on T+2 Day.
confirming Attached as Annexure III
for
the
purpose
of
OFS such 16. Details of the authorized personnel Mr. Venu Gopal Thota
as Mob: 9849055966
of Annexure II contact number, email id etc.
17. Undertaking from
e-mail ID: [email protected]
Seller for usage Attached as Annexure II
18. Confirmation
/Non
promoter/promoter
Promoter
non-purchase and /or sale of shares
group
shareholders
entities
on
from Attached as Sellers Undertaking (Annexure — III)
of the
Circular
company
in
applicable under clause 2.4 of SEBI
the
period
as
ref.no.
2023 SEBI/HO/MRD/MRD-PoD
3/P/CIR/2023/10 dated January 10,
19. Details
sealed
of
the
shall be present while opening the
envelope
personnel(s)
containing
the who Not Applicable
20. Provide floor price (if any)
details
Employee in below format (in excel
of eligible Not Applicable
format): Symbol ISIN Date Name of
Employee
PAN
number

For Kinex India Private Limited

(Formerly known as Antanium India Private Limited) For KINEX INDIA PRIV MITED

Name: Venu Gopal Thota Director Designation: Director DIN: 01979738

KINEX INDIA PRIVATE LIMITED UlOU

(Formerly Known as ANTANIUM INDIA PRIVATE LIMITED)

42

The Sale is personal to each prospective bidder (including individuals, funds or otherwise) registered with the broker of the Stock Exchanges who makes a bid (each a "Bidder") and neither the Sale nor this Notice constitutes an offer to sell or invitation or solicitation of an offer to buy, to the public, or to any other person or class of persons requiring any prospectus or offer document to be issued, submitted to or filed with any regulatory authority or to any other person or class of person within or outside India.

The Sale is being carried out in accordance with the SEBI OFS Circular and subject to the circulars, rules and regulations issued by the Stock Exchanges from time to time. There will be no public offer of the Sale Shares in India under the Companies Act, 2013 (as notified and applicable) as amended from time to time ("Companies Act") or in any other jurisdiction. Accordingly, no documents have been or will be prepared, registered or submitted for approval as a "prospectus" or an offer document with the Registrar of Companies in India under the Companies Act and/or Securities and Exchange Board of India ("SEBI") under the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended ("SEBI ICDR Regulations"), or to the Stock Exchanges or any other regulatory or listing authority in India or abroad, and no such document will be circulated or distributed to any person in any jurisdiction, including in India. The Bidders acknowledge and agree that any buy order or bid shall be made solely on the basis of publicly available information and any information available with SEBI, Stock Exchanges, Company's website or any other public domain, together with the information contained in this Notice. The Sale is subject to the further terms set forth in the contract note to be provided to the successful Bidders.

This Notice is for information purposes only and is neither an offer nor invitation to buy or sell nor a solicitation of an offer to buy to sell any securities, nor shall there be any sale of securities in any jurisdiction ("Other Jurisdiction") in which such offer, solicitation or sale is or may be unlawful whether prior to registration or qualification under the securities laws of any such jurisdiction or otherwise. This Notice and the information contained herein are not for publication or distribution, directly or indirectly, to persons in any Other Jurisdiction unless permitted pursuant to an exemption under the relevant local law or regulation in any such jurisdiction. Prospective Bidders should seek appropriate legal advice prior to participating in the Sale.

This Notice or information contained herein is not for release, publication or distribution in the United States of America, its territories and possessions, any state of the United States of America, and the District of Columbia (together, the "United States"), and is neither an offer to sell nor a solicitation of an offer to buy any securities of the Company in the United States. The Sale Shares have not been and will not be registered under the U.S. Securities Act of 1933 ("Securities Act") and may not be offered or sold in the United States except in transactions exempt from the registration requirements of the Securities Act. The Sale Shares will be offered outside the United States through offshore transactions in reliance upon Regulations S under the Securities Act. The purchasers of Sale Shares are hereby advised that any resale of such shares must be made in accordance with the registration requirements of the securities laws in the United States.

By submitting a bid in connection with the Sale or receiving the Sale Shares, each Bidder and any broker acting on such Bidder's behalf will be deemed to have (a) read and understood this Notice in its entirety. (b) Accepted and complied with the terms and conditions set out in this Notice; and (c) represented, Agreed and acknowledged that such Bidder is, and at the time the Sale Shares are purchased, will be, the beneficial owner of such Sale Shares, not an affiliate of the Company or a person acting on behalf of such an affiliate and located outside the United os thtesban dao dveh! MITED

Director Regd office: Plot No. 87, 1° Floor, 4" Cross Street, Thirumalai Nagar, Perungudi, Chennai-600096, India E-Mail ID: [email protected] Phone Number: 9030019208 CIN No U74900TN2013PTC092260

Sale Shares in reliance upon Regulations S under the Securities Act. The purchasers of Sale Shares are hereby advised that any resale of such shares must be made in accordance with the registration requirements of the securities laws in the United States.

By submitting a bid on behalf of a buyer in connection with the Sale, each broker will also be deemed to have represented, agreed and acknowledged that it is located outside the United States and that none of the broker, its affiliates and all persons acting on its or their behalf has (a) engaged or will engage in any "directed selling efforts" (as defined in Regulation S under the Securities Act) in connection with the offer or sale of the Sale Shares, (b) engaged or will engage in any form of general solicitation or general advertising (each, within the meaning of Regulation D under the Securities Act) in connection with the offer or sale of the Sale Shares and (e) offered or will offer and sell the Sale Shares except outside the United States in reliance upon Regulation S.

Persons outside the United States

  • e The person understands that the Sale Shares have not been and will not be registered under the Securities Act or under any securities laws or any state of the United States and are being offered and sold in offshore transactions in reliance on Regulation S of the Securities Act;
  • e (a) The person was outside the United States (within the meaning of Regulation S) at the time the offer of the Sale Shares was made to it and it was outside the United States when its purchase order for the Sale Shares was originated and (b) if the person is a broker-dealer outside the United States acting on behalf of its customers, each of its customers has confirmed to it that such customer was outside the United States at the time the offer of the Sale Shares was made to it and such customer was outside the United States when such customer's buy order for the Sale Shares was originated;
  • e Bidder is empowered, authorized and qualified to purchase the Sale Shares;
  • e Bidder is not submitting a bid as a result of any 'directed selling effort' as defined under Regulation S.
  • e Bidder is purchasing the Sale Shares for investment purpose and not with a view of further distribution thereof. If in the future it decides to offer, resell, pledge or otherwise transfer any of the Sale Shares, it agrees that it will not offer, sell, pledge or otherwise transfer the Sale Shares except in a transaction complying with Rule 903 or Rule 904 of Regulation S or pursuant to another available exemption from registration requirements under the Securities Act and in accordance with all applicable securities laws of the states of the United States and any other jurisdiction, including India;
  • e Bidder is not an affiliate (as defined in Rule 405 under the Securities Act) of the Company or the Seller or a person acting on behalf of an affiliate of the Company or the Seller;
  • e Where the person is submitting a bid as a fiduciary or agent for one or more investor accounts, it has sole investment discretion with respect to each such account and it has full power to make the representations, warranties, agreements and acknowledgements herein;
  • e The placing of bids and any resultant purchase of the Sale Shares is and will be lawful under the laws of the jurisdiction in which the person places such bids to purchase the Sale Shares, in which the person is resident, and in which the sale and purchase of the Sale Shares is consummated, including under all applicable Indian laws, regulations and guidelines, including the SEBI OFS circular;

For KINEX INDIA PRIVA Director

  • e Bidder will not hold or seek to hold the Seller, the Company or the Seller's Broker and their respective directors, officers, employees or affiliates responsible or liable for any misstatements in or omissions from any publicly available information concerning the Company or the OFS;
  • e Bidder will not hold or seek to hold the Seller, the Company or the Seller's Broker or any other respective directors, officers, employees or affiliates responsible or liable for any losses incurred in connection with placing of bids and any resultant purchase of the Sale Shares;
  • e Bidder agrees to indemnify and hold the Seller, the Company and the Seller's Broker and their expenses (including legal fees and expenses) arising out of or in connection with any breach of these representatives, warranties, agreements or acknowledgements. The indemnity herewith shall survive the resale of the Sale Shares; and
  • e Bidder acknowledges that the Seller, the Company and the Seller's Broker and _ their respective directors, officers, employees or affiliates will rely upon the truth and accuracy of these representation, warranties, agreements and acknowledgements and agrees that if any of such representations, warranties, agreements and acknowledgements is no longer accurate it will promptly notify the Seller.

Any resale or other transfer, or attempted resale or other transfer, of the Sale Shares made other than in compliance with the above-stated restrictions shall not be recognized by the Company.

This Notice is not for publication or distribution, in whole or in part, in the United States of America, its territories and possessions any State of the United States of America, or the District of Columbia.

Director

Thanking you.

Yours Sincerely,

For Kinex India Private Limited

(Formerly known as Antanium India Private Limited)

For KINEX INDIA PRI

Name: Venu Gopal Thota Designation: Director DIN: 01979738

(Formerly Known as ANTANIUM INDIA PRIVATE LIMITED)

Date: Annexure - IT

The Managing Director BSE Limited PJ Towers, Mumbai - 400 001

Sub: Usage of the electronic facilities and software of the Exchange for Offer for Sale (OFS) of Bartronics India Limited

Dear Sir,

Vf We Seller(s) i.e. Promoters/Promoter Group entities NenPremeter-Shareholder—("Offerers") of Bartronics India Limited are intending to make an Offer for Sale (OFS) of approximately 2,00,00,000 equity shares ('Shares") of the face value of Rs. 1/- each, through the Stock Exchange mechanism in accordance with SEBI Circular no. SEBI/HO/MRD/MRD-PoD-3/P/CIR/2023/10 dated January 10, 2023.

4 We request the Exchange to allow all the Trading Members of the Exchange to participate in the OFS process through the online OFS platform of the Exchange, subject to such terms and conditions as may be set by the Exchange in this regard including signing of any undertakings etc.

1. Provisions of facilities and Infrastructure.

BSE will make available the software for OFS

It is to be distinctly understood that the permission given by BSE to use their network and software of the Online OFS platform should not in any way be deemed or construed that the compliance with various statutory approved by BSE; nor does it in any manner warrant, certify or endorse the correctness or completeness of any of the compliance with the statutory and other requirements nor does it take any responsibility for the financial or other soundness of the offerers.

It is also to be distinctly understood that the approval given by BSE is only to use the software for participating in OFS process

2. Terms of Operations for the electronic facilities and software for OFS will cover the following:

a. A complete and continuous back up maintained by BSE, of the data being entered into the OFS system by Trading Members.

b. BSE to keep open on-line OFS facilities during those hours and dates as are finalized by BSE in consultation with Offerers and allowed as per the aforesaid SEBI circular.

  1. The Exchange shall provide its services on a best effort basis. However, the Exchange shall not be liable for failure of the system or for any loss, damage, or other costs arising in any way out of:

a. Telecom network or system failures including failure of ancillary or associated systems or fluctuation or power or other environmental conditions, or

For KINEX IND ATE LIMITED

Director

Regd office: Plot No. 87, 1" Floor, 4" Cross Street, Thirumalai Nagar, Perungudi, Chennai-600096, India E-Mail ID: [email protected] Phone Number: 9030019208 CIN No U74900TN2013PTC092260

b. Accident, transportation, neglect, misuse, errors, frauds of the trading members or its authorized persons or the agents or any third party including other stock exchange

c. Any fault in any attachments or associated equipment (either supplied by the Exchange or approved by the Exchange) which forms or does not form part of the trading workstation installation or OFS system including any system issue or fault at other stock exchange

d. Act of God, fire, flood, war act of violence, or any other similar occurrence, or

e. Any accidental special or consequential damages including without limitation of loss of profit.

4. Charges of BSE

For availing the abovementioned services, 14 We shall pay the fees as per the schedule of BSE.

We request you to kindly sign and return the duplicate copy of this letter.

Thanking you,

Yours Sincerely,

For Kinex India Private Limited (Formerly known as Antanium India Private Limited)

For KINEX INDIA PRWATE LIMITED

Director

Name: Venu Gopal Thota Designation: Director DIN: 01979738

(Formerly Known as ANTANIUM INDIA PRIVATE LIMITED) jyyexyre IIT

Confirmation cum undertaking to be given by the Selling Promoter(s)/ Promoter Group entities

The Managing Director BSE Limited PJ Towers Mumbai - 400 001

Sub: Offer for Sale (OFS) of Bartronics India Limited

Dear Sir,

lf We, Kinex India Private Limited (Promoters/ Promoter group entities) ("Offerer") of Bartronics India Limited are intending to make an Offer for Sale (OFS) of approximately 2,00,00,000 equity shares ('Shares") of the face value of Re. 1/- each, through the Stock Exchange mechanism in accordance with SEBI Circular no. SEBI/HO/MRD/MRD-PoD-3/P/CIR/2023/10 dated January 10, 2023,

In this regard, ¥ we confirm the following:

  • a. dWe am/ are Promoters/Promoter Group Entities--Spenser(s}/—Spornser—Group—Entities of Bartronics India Limited.
  • . 4 We ani are not barred by SEBI or any other regulatory authority to carry out the Offer for Sale.
  • c. Bartronics India Limited is required to maintain a minimum public shareholding/unithelding of 25% in terms of rule 19(2)(b)/ 19A of Securities Contracts (Regulation) Rules, 1957 and the OFS has been undertaken by us to comply with the said rule.
  • d. The sharesAunits offered are all listed on the Exchange and are in dematerialized mode.
  • e. None of the Promoters/Promoter Group Entities--Sponser(s)/Spenser—Group—Entities have bought or sold sharesAimits during the 2/4/12 week period prior to the date of Offer for Sale, except selling through OFS/ IPP. Further, it is confirmed that the gap between the proposed date of OFS and the last OFS/ IPP is at least 2 weeks.
  • f. The shares being offered for sale are free from all encumbrances and there is no regulatory prohibition on the said shares
  • g. dWe are aware BSE can change and amend requirements, guidelines and give further instructions to me/us and we shall bound by such regulatory requirements as intimated by BSE.
  • h. We shall provide all information as required for OFS as specified by the Exchange from time to time.

Further, +we wish to undertake that:

  • i. 44We shall make an announcement of OFS, at least one trading day prior (T-1 day, T being the Day-I of OFS issue) to the commencement of OFS alongwith the necessary details as given in para 5(b) of the aforesaid circular
  • ii. We shall be depositing the shares with the Clearing Corporations of the Seller Member(s) appointed as per (iii) below at least | day prior to the opening of the offer
  • iii. | 1 We shall appoint Trading Member(s) of BSE to undertake the transaction and shall inform the same to BSE
  • iv. 4 We shall bear all the expenses relating to the OFS For KINEX INDIA PRIVAVE LIMITED

i a Cee Director

Regd office: Plot No. 87, 1" Floor, 4" Cross Street, Thirumalai Nagar, Perungudi, Chennai-600096, India E-Mail ID: [email protected] Phone Number: 9030019208 CIN No U74900TN2013PTC092260

  • 1-We shall not buy/ sell shares of the company for a period of 2/4/12 weeks from the closure of OFS as prescribed by SEBI in its aforesaid circular, except offering the shares through OFS/ IPP by maintaining of time gap of at least 2 weeks.
  • Vi. 4 We shall disclose the floor price in the OFS Notice Submitted to the Exchange(s) In case of withdrawal of offer for sale prior to its proposed opening, 1+We shall not make an OFS within a period of 10 trading days from the date of such withdrawal.
  • Vii. I4We shall not cancel the OFS during the bidding period
  • Vili. I/We shall co-operate with BSE for completion of the allocation and settlement process in a timely manner as prescribed in the aforesaid SEBI circular

Thanking you,

Yours sincerely,

For Kinex India Private Limited (Formerly egpng nium India Pnivate Limited) RERINBTA IMITED

Name: Venu Gopal Thota Director Designation: Director DIN: 01979738

LIMITED
Client
Name/ BSE
code (as
per
database)
Client
Name
(Not
Of India)
of shares
Issue size)
offered for sale (Base
and break - up Non
Retail and Retail
Address - State
Code required
for Stamp
Duty
Computation
IN300214
27329130
Kinex
India
Non-Retail Category -
1,80,00,000 shares
36
Limited Retail Category -
20,00,000 shares
1,80,00,000 shares
Retail Category -
20,00,000 shares
Director
DIN: 01979738
Seller
Designation: Director
Seller
Private
For Kinex India Private Limited
For KINEX INDIA
Name: Venu Gopal Thota
KINEX
Seller PAN
(Formerly known as Antanium India Private Limited)
LIMITED
INDIA
Total No.
seller is Govt. sale (Base
AAECT9168R 2,00,00,000
PRIVATE
(Formerly Known as ANTANIUM INDIA PRIVATE LIMITED)
Total No. of shares
Applicable if offered for plus green shoe, if any)
category
2,00,00,000 Non-Retail Category -

Break up of Shares offered in offer for sale

KINEX INDIA PRIVATE
(Formerly Known as ANTANIUM INDIA PRIVATE LIMITED)
LIMITED
Annexure -V
Break up of Shares offered in offer for sale
Particulars Base
(No of Shares)
Green Shoe Option
(if any)
Total
(No of Shares)
Non-Retail 1,80,00,000 Nil 1,80,00,000
Retail 20,00,000 Nil 20,00,000
Total 2,00,00,000 Nil 2,00,00,000

For Kinex India Private Limited

(Formerly known as Antanium India Private Limited)

For KINEX INDIA TED

Name: Venu Gopal Thota Director Designation: Director DIN: 01979738

Sub: Letter of Authority

We, Kinex India Private Limited, Promoter of Bartronics India Limited (BSE Scrip Code: 532694) hereby authorize Mr. Govind Toshniwal to liaison and coordinate with BSE Limited with respect to the following issues:

1) Issue Details:

KINEX
INDIA
PRIVATE
LIMITED
The General Manager (Formerly Known as ANTANIUM INDIA PRIVATE LIMITED)
I isting. Operation,
BSE Limited,
P.J. Towers,
Dalal Street,
Mumbai 400 001
Dear Sir,
Sub: Letter of Authority
We, Kinex India Private Limited, Promoter of Bartronics India Limited (BSE Scrip Code:
authorize Mr. Govind Toshniwal to liaison and coordinate with BSE Limited with respect to the following
issues:
532694) hereby
1) Issue Details:
Type of Issue Offer For Sale (OFS)
(e.g. Revocation/ Amalgamation/
Arrangement, Preferential, Bonus,
Rights, etc.)
Approval Sought For (pls specify) Offer for Sale (Minimum Public Shareholding) of 2,00,00,000 equity
shares
I) Contact Details:
Name & Designation of Contact Venu Gopal Thota Company
:
Consultant
Person
Telephone
Nos.
(landline
mobile)
& +91 9849055966 +91 86391 67135
Email - id [email protected]
Thanking You,
Yours faithfully, Mr. Govind Toshniwal
[email protected]
For Kinex POPKINES NDIA SB
V
T
(Formerly known as Antanium i
ddy
Name: Venu Gopa
ota
Director
Designation: Director
DIN: 01979738

I) Contact Details:

Company
:
Consultant
Name & Designation of Contact Venu Gopal Thota
Person
Mr. Govind Toshniwal
Telephone
Nos.
(landline
mobile)
& +91 9849055966 +91 86391 67135
Email - id [email protected] [email protected]

For Kinex POPKINES NDIA SB V T (Formerly known as Antanium i ddy

Processing Fees Payment Details

KINEX
PRIVATE
LIMITED
INDIA
(Formerly Known as ANTANIUM INDIA PRIVATE LIMITED)
Processing Fees Payment Details
Processing Fee (including GST)
2,36,000
TDS, if any
Net amount remitted after TDS
20,000
2,16,000
Dated
UTR No./Cheque/Demand Draft No.
Drawn on
17-12-2024
jo}
Name: Venu Gopal Thota
Director
Designation: Director
DIN: 01979738

Details for Invoice creation:

PRIVATE
LIMITED
KINEX
INDIA
(Formerly Known as ANTANIUM INDIA PRIVATE LIMITED)
Details for Invoice creation:
Party Name: KINEX INDIA PRIVATE LIMITED
Address: No 7/1, Anna Salai, Welder Street, Chennai,
City: Tamil Nadu, 600002
Chennai
State: Tamil Nadu
TAN: CHEA33802G
PAN:
GSTN:
AAECT9168R
Contact Person: 33AAECT9168RIZG
Venu Gopal Thota
Contact No .: +91 9849055966
E-mail ID: [email protected]
For Kinex India Private
Limi
(Formerly kiiSwalas-A nee
Name: Venu Gopal Thota
Director
Designation: Director
DIN: 01979738