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CL Educate Limited — Management Reports 2023
Nov 30, 2023
60650_rns_2023-11-30_6f8d97e6-4a94-4a0a-a820-866906a5296e.pdf
Management Reports
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Digitally signed by RACHNA SHARMA Date: 2023.11.30 14:29:58 +05'30'
RACHNA
SHARMA
THE SMART INVESTOR 13
NEW DELHI | THURSDAY, 30 NOVEMBER 2023
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New ventures to keep up growth for Tata Consumer
SOVEREIGN GOLD BONDS
2.5% interest, tax exemption on maturity big draw for investors But be prepared for a HOW TRANCHES FARED lock-in period of 5 yrs Series Tranche Issue Issue price Current Absolute CAGR
Brokerages favour the stock, citing justified rich valuations
RAM PRASAD SAHU NourishCo. Mumbai, 29 November Growth segments account lock-in period of 5 yrs Series Tranche Issue Issue price Current Absolute CAGR for 15 per cent of the India date /unit ( ~)( ~) ~)) price (~) chgrice (~) chg(~) chg~) chg) chg chgg (%) return (%)%) return (%)) return (%) return (%)(%)%)) he stock of fast-movbranded business sales in BINDISHA SARANG ing consumer goods 2022-23, and Nuvama 1 2015-I Nov 30, ‘15 2,684 6,056 125.6 , ‘15 2,684 6,056 125.6 ‘15 2,684 6,056 125.6 ,684 6,056 125.6 684 6,056 125.6 ,056 125.6 056 125.6 10.7 Products has been reaching T major Tata Consumer Research expects this to touch 20 per cent in 2023-24. The first tranche of sovereign gold bonds (SGBs) matures on November 30. 16 2017-18 Series IX Nov 27, ‘17 2,964 6,153 107.6 , ‘17 2,964 6,153 107.6 ‘17 2,964 6,153 107.6 ,964 6,153 107.6 964 6,153 107.6 ,153 107.6 153 107.6 12.9 new highs on better-thanThe segment is expected to Investors who have held them until 24 2018-19 Series III Nov 13, ‘18 3,183 6,052 90.1 , ‘18 3,183 6,052 90.1 ‘18 3,183 6,052 90.1 ,183 6,052 90.1 183 6,052 90.1 ,052 90.1 052 90.1 13.6 expected results for the July-September quarter (second grow at 30-40 per cent annually. maturity will earn good returns from these bonds. 33 2019-20 Series VI Oct 30, ‘19 3,835 6,159 60.6 , ‘19 3,835 6,159 60.6 ‘19 3,835 6,159 60.6 ,835 6,159 60.6 835 6,159 60.6 ,159 60.6 159 60.6 12.3 quarter, or Q2), strong growth The operating perform“This first tranche will generate a 45 2020-21, Series VIII Nov 18, ‘20 5,177 6,151 18.8, Series VIII Nov 18, ‘20 5,177 6,151 18.8 Series VIII Nov 18, ‘20 5,177 6,151 18.8, ‘20 5,177 6,151 18.8 ‘20 5,177 6,151 18.8,177 6,151 18.8177 6,151 18.8,151 18.8151 18.8 5.9 in the food business, and margin gains in the beverance in the quarter was led by the international busi10.88 per cent compound annual growth rate (CAGR) on announced 56 2021-22, Series VII Nov 2, 21 4,761 6,041 26.9 , Series VII Nov 2, 21 4,761 6,041 26.9 Series VII Nov 2, 21 4,761 6,041 26.9 , 21 4,761 6,041 26.9 21 4,761 6,041 26.9 ,761 6,041 26.9 761 6,041 26.9 ,041 26.9 041 26.9 12.2 age/international business. ness. While the overseas redemption price of ~6,132 per unit. Note: Altogether 65 tranches of SGBs have been issued Compiled by BS Research Bureau Most brokerages are positive business saw revenue growth Along with the 2.75 per cent per annum Source: RBI & Bloomberg on the stock, given growth of 13 per cent (8 per cent in interest payable semi-annually on this prospects, and believe that constant currency), operattranche, the CAGR would be 12.54 per “While SGBs are considered liqETF units. rich valuations are justified. ing profit margins were up a cent before tax and 11.95 per cent after uid as they can be traded on the “ETFs are more liqThe near-term trigger has robust 330 bps to 12.4 per tax for anyone in the 30 per cent tax exchanges, the investor may not uid. One can buy any been the robust operational cent, largely due to pricing bracket,” says Jigar Patel, member, the get a fair price (due to low number of ETFs but performance in Q2. intervention and savings Association of Registered Investment liquidity). He would also lose can only buy a maxiConsolidated sales, up 11 per from restructuring. The comAdvisors (ARIA). Understand the pros the tax exemption on capital mum of 4 kilograms cent over the year-ago pany is seeking to improve and cons of SGBs before rushing to gain if he sells prior to maturof SGBs every year. quarter at ~3,733 crore, were efficiencies and cost savings invest in them based on past returns. ity,” says Patel. However, unlike SGBs, ETFs do broadly in line with brokerprogrammes to maintain Singh noted that the long-term capnot pay interest. Hindu Undivided age estimates. high margins. 2.5 per cent interest kicker ital gain on SGB would be taxed at a flat Families (HUFs) cannot buy ETFs but Growth was led by the A LOOK AT THE NUMBERS Research analysts SGBs are dematerialised, so they don’t 10 per cent without indexation benefit they can buy SGBs,” says Sen. Investors India food business, which Krishnan Sambamoorthy entail any storage or security concerns. or 20 per cent with indexation benefit also pay an expense ratio in ETFs and posted a 16 per cent jump, FY23 FY24E FY25E and Sunny Bhadra of Nirmal Says Col. Sanjeev Govila (if sold before maturity). gold funds. while its NourishCo segment Bang Research remain posi(retd), Chief Executive Officer Govila says that investors Net sales (~crore) 13,783 15,519 17,502 (energy drink portfolio) rose tive about Tata Consumer (CEO) of Hum Fauji who require liquidity can also Take the plunge 25 per cent. % change Y-o-Y 10.9 12.6 12.8 over the medium to long Initiatives: “Their maturity take a loan from various Finally, who should invest in SGBs? The performance of its Gross margin (%) 41.9 43.1 44.4 term on the back of margin value is linked to gold’s marbanks and non-banking Says Mrin Agarwal, founder and single largest segment, tea, improvement, gradual recovket price. An investor also financial companies (NBFCs). director, Finsafe India: “Anybody who was stable, with volume Operating profit (~crore) 1,856 2,293 2,859 ery in volume growth in the gets 2.5 per cent interest The return on SGBs is not wants to allocate to gold should do so growth of 3 per cent and reveOperating profit margin (%) 13.5 14.8 16.3 core business for both India (reduced from 2.75 per cent guaranteed: it depends on the through SGBs provided they have an nue (value) growth of 5 per Adjusted net profit (~crore) 1,087 1,481 1,917 food and beverage business, earlier) per annum payable market price of gold prevaileight-year horizon.” cent, compared to industry premiumisation initiatives semi-annually, which no ing at the time of maturity or Govila points out that fresh issuvalue growth of 6.2 per cent. % change Y-o-Y 11.5 36.3 29.4 (particularly in salt), and other gold instrument sale. Investors should also not ances may not be available in the near The company lost market Note: E stands for estimates Source: Nirmal Bang Research robust growth in new offers.” overlook the possibility of future. share in the quarter, which engines. Those who stay invested capital losses. “The government has not was 37 basis points (bps) in Systematix Research for the entire tenure of eight “Remember that the announced any more SGB issuances for volume terms and 95 bps by “The tea business has beneper cent three years ago. The believes that the company years get tax benefits. “Interest is taxinvestor is exposed to the risk of capital 2023 (there were two this year in June value. fited from recent price cuts segment is expected to maindeserves a higher multiple able at slab rate but capital gains are loss owing to gold price movement,” and September). The schedule for 2024 Demand is recovering, and distribution efforts and tain its mid-single-digit volthan home and personal care exempt if held till maturity," says says Deepali Sen, founder and partner, is also not known. Those who do not and there hasn’t been an should stabilise at mid-sinume growth, while revenue peers, given the stronger Maneet Pal Singh, partner, I P Pasricha Srujan Financial Advisers. wish to wait can invest in SGBs available increase in competitive gle-digit volume growth.” growth would be in double growth expectations for & Co. in the secondary market whenever intensity from unorganised The company is eyeing digits on the back of food/beverage businesses, Gold ETFs are more liquid gold’s price corrects,” he said. players. mid-single-digit volume premiumisation and marketmargin improvement poten- Beware of liquidity issues SGB beats physical gold on all parameAccording to Patel, while SGBs will With tea prices stabilising, growth, coupled with premishare gains. tial, and consistent execuLiquidity is low in SGBs. There is a lockters. “In SGBs, there are no holding always outperform gold ETFs and funds the company is hoping to umisation and an improved The key driver of growth tion. The brokerage, in period of five years. After five years, costs, no making charges, and no purity on an after-tax basis because of the 2.5recover its lost share. pack mix. for the company is expected however, believes that curone can redeem SGBs. This can be done issues,” says Sen. 2.75 per cent interest and capital gain Research analysts In the salt business, the to come from new segments rent valuations remain rich twice a year—on the coupon payment Gold exchange-traded funds (ETFs) exemption benefit on maturity, invesHimanshu Nayyar and company’s market share at of Sampann (packaged staon both absolute and relative dates. One also has the option to exit invest in 99.5 per cent pure gold sourced tors not sure about being able to hold Chetan Mahadik of the end of September was at ples), Soulfull (healthy bases and thus have a ‘hold’ SGBs anytime by selling them on the from RBI-approved banks. SGBs until maturity may opt for gold Systematix Research say, 38 per cent, compared to 30 snacks/drinks), and rating. exchanges. Gold mutual funds invest in gold ETFs or funds. YOUR MONEY
Series Tranche Issue Issue price Current Absolute CAGR date /unit ( ~)( ~) ~)) price (~) chgrice (~) chg(~) chg~) chg) chg chgg (%) return (%)%) return (%)) return (%) return (%)(%)%)) 1 2015-I Nov 30, ‘15 2,684 6,056 125.6 , ‘15 2,684 6,056 125.6 ‘15 2,684 6,056 125.6 ,684 6,056 125.6 684 6,056 125.6 ,056 125.6 056 125.6 10.7 16 2017-18 Series IX Nov 27, ‘17 2,964 6,153 107.6 , ‘17 2,964 6,153 107.6 ‘17 2,964 6,153 107.6 ,964 6,153 107.6 964 6,153 107.6 ,153 107.6 153 107.6 12.9 24 2018-19 Series III Nov 13, ‘18 3,183 6,052 90.1 , ‘18 3,183 6,052 90.1 ‘18 3,183 6,052 90.1 ,183 6,052 90.1 183 6,052 90.1 ,052 90.1 052 90.1 13.6 33 2019-20 Series VI Oct 30, ‘19 3,835 6,159 60.6 , ‘19 3,835 6,159 60.6 ‘19 3,835 6,159 60.6 ,835 6,159 60.6 835 6,159 60.6 ,159 60.6 159 60.6 12.3 45 2020-21, Series VIII Nov 18, ‘20 5,177 6,151 18.8, Series VIII Nov 18, ‘20 5,177 6,151 18.8 Series VIII Nov 18, ‘20 5,177 6,151 18.8, ‘20 5,177 6,151 18.8 ‘20 5,177 6,151 18.8,177 6,151 18.8177 6,151 18.8,151 18.8151 18.8 5.9 56 2021-22, Series VII Nov 2, 21 4,761 6,041 26.9 , Series VII Nov 2, 21 4,761 6,041 26.9 Series VII Nov 2, 21 4,761 6,041 26.9 , 21 4,761 6,041 26.9 21 4,761 6,041 26.9 ,761 6,041 26.9 761 6,041 26.9 ,041 26.9 041 26.9 12.2 Note: Altogether 65 tranches of SGBs have been issued Compiled by BS Research Bureau Source: RBI & Bloomberg
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PUBLIC NOTICE
Surrender of Investment Adviser registration by Nepean Capital LLP
Nepean Capital LLP(INA000017727) is registered with SEBI under SEBI (Investment Advisers) Regulations, 2013 as an Investment Adviser. Nepean Capital LLP is surrendering the SEBI registration number. INA000017727and BASL membership Certificate number 1965. In view of the same, any aggrieved party may make any representation against the surrender before SEBI at https://scores.gov.in or https://smartodr.in/login . Investment Adviser Name: Nepean Capital LLP Registered Office Address: 23 Atlanta Building, Jamnalal Bajaj Marg, Nariman Point, Mumbai: 400021, Maharashtra, India SEBI Registration Number: INA000017727 Category of Intermediary: Investment Adviser Email ID: [email protected]
For Nepean Capital LLP Place : Mumbai Sd/Date : November 30, 2023 Authorised Signatory
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PUNJAB STATE POWER CORPORATION LIMITED (Regd. Office PSEB Head Office, The Mall Patiala Corporate Identification Number (CIN): U40109PB2010SGC033813 Website: www.pspcl.in (Contact No. 96461-22185) Tender Enquiry No. 297/SS(D)-II (under RDSS) Dated: 28.11.2023 Dy.CE/Substation Design/ TS Organization, PSPCL, C-1, Shakti Vihar, PSPCL, Patiala invites E-tender for Manufacture, Testing, Supply & Delivery of 268 nos. 11kV, 1.361 MVAR Capacitor Banks (under RDSS). For detailed NIT & Tender Specification, please refer to https://gem.gov.in/ from 29.11.2023 (09:00 AM onwards), having GeM Bid Number as "GEM/2023/B/4260271". Note:- Corrigendum and amendments, if any, will be published online at https://gem.gov.in/ C 853/23 76155/12/2448/2023/30166
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CL EDUCATE LIMITED
Registered Office: Plot No. 9A, Sector - 27A, Mathura Road Faridabad, Haryana, 121003 CIN: L74899HR1996PLC076897; Tel: +91-11-41281100 Fax: +91-11-41281101 Email: [email protected]; Website: www.cleducate.com
2.3 The Equity Shares were bought back in the demat segment from the Stock Exchanges. As the Buyback was done from the open market through Stock Exchanges, the identity of the shareholders from whom Equity Shares exceeding one percent of the total Equity Shares were bought in the Buyback is not known.
POST BUYBACK PUBLIC ADVERTISEMENT IN COMPLIANCE WITH REGULATION 24(vi) OF THE SECURITIES AND EXCHANGE BOARD OF INDIA (BUY-BACK OF SECURITIES) REGULATIONS, 2018, AS AMENDED, FOR THE ATTENTION OF THE EQUITY SHAREHOLDERS/ BENEFICIAL OWNERS OF THE EQUITY SHARES OF CL EDUCATE LIMITED. This post buyback public advertisement (“ Advertisement ”) is made pursuant to Regulation 24(vi) of the Securities and Exchange Board of India (Buy-back of Securities) Regulations, 2018, for the time being in force, including any statutory modifications and amendments from time to time (“ Buyback Regulations ”). This Advertisement should be read in conjunction with the public announcement dated August 04, 2023, published on August 04, 2023 (“ PA ”) issued in connection with the Buyback.
- Capital Structure and Shareholding Pattern
| , , force, including any statutory modifcatons and amendments from tme to tme (“Buyback Regulatons”). This Advertsement should be read in conjuncton with the public announcement dated August 04, 2023, published on August 04, 2023 (“PA”) issued in connecton with the Buy- back. The capitalized terms and abbreviatons used in the Advertsement shall have the same meaning as ascribed to them in the PA, unless otherwise specifed. 1. Buyback 1.1 The Board of Directors of the Company (the“Board”) which expression shall be deemed to include any committee constituted by the Board and/or officials, which the Board may constitute/ authorise to exercise its powers, including the powers conferred by the board resolution, at its meeting held on Wednesday, August 02, 2023 (“Board Meeting”), approved the buyback of fully paid-up equity shares of face value of Rs.5/- (Rupees Five Only) (“Equity Shares”) each of the Company, from its shareholders/ beneficial owners (other than those who are promoters, members of the promoter group or persons in control), from the open market through stock exchange mechanism for an aggregate amount not exceeding Rs.15 Crores (Rupees Fifteen Crores Only) (“Maximum Buyback Size”), and at a price not exceeding Rs.94/- (Rupees Ninety Four Only) per Equity Share (“Maximum Buyback Price”), payable in cash (the process being referred hereinafter as “Buyback”), excluding the Transaction Costs as defined in the PA. 3.1 The pre and post Buyback capital structure of the Company is set forth below: (Amount Rs. In Lakhs) Sr. No. Partculars Pre Buyback Post Buyback 1. Authorized Share Capital 4,000.00 (8,00,00,000 Equity Shares of Rs. 5/- each) 4,000.00 (8,00,00,000 Equity Shares of Rs. 5/- each) 2. Issued, Sub- scribed & Fully Paid up Share Capital 2,754.93 (5,50,98,536 equity shares of Rs. 5/- each) 2702.45 (5,40,49,061 Equity Shares of Rs 5/- each) Subject to extnguishment of 5,91,232 Equity Shares. 3.2 The Shareholding patern of the Company pre and post Buyback is set forth below: Partcu- lars Pre – Buyback Post Buyback Number of Equity Shares % to existng Share Capital Number of Equity Shares % Hold- ing post Buyback Promot- ers & Promoter Group 2,89,26,932 52.50 2,89,26,932 53.52 Public 2,61,71,604 47.50 2,51,22,129 46.48 Total 5,50,98,536 100.00 5,40,49,061 100.00 Subject to extnguishment of 5,91,232 Equity Shares. 4. Manager to the Buyback V.B. Desai Financial Services Limited Cama Building 1st Floor 24/26 Dalal Street Fort |
The pre and post Buyback capital structure of the Company is set forth below: (Amount Rs. In Lakhs) |
The pre and post Buyback capital structure of the Company is set forth below: (Amount Rs. In Lakhs) |
The pre and post Buyback capital structure of the Company is set forth below: (Amount Rs. In Lakhs) |
The pre and post Buyback capital structure of the Company is set forth below: (Amount Rs. In Lakhs) |
The pre and post Buyback capital structure of the Company is set forth below: (Amount Rs. In Lakhs) |
The pre and post Buyback capital structure of the Company is set forth below: (Amount Rs. In Lakhs) |
The pre and post Buyback capital structure of the Company is set forth below: (Amount Rs. In Lakhs) |
|---|---|---|---|---|---|---|---|
| **Sr. No. ** | Partculars | Pre Buyback | Post Buyback | ||||
| 1. | Authorized Share Capital |
4,000.00 (8,00,00,000 Equity Shares of Rs. 5/- each) |
4,000.00 (8,00,00,000 Equity Shares of Rs. 5/- each) |
||||
| 2. | Issued, Sub- scribed & Fully Paid up Share Capital |
2,754.93 (5,50,98,536 equity shares of Rs. 5/- each) |
2702.45* (5,40,49,061 Equity Shares of Rs 5/- each) |
||||
| *Subject to extnguishment of 5,91,232 Equity Shares. The Shareholding patern of the Company pre and post Buyback is set forth below: |
|||||||
| Partcu- lars |
Pre – Buyback | Post Buyback | |||||
| Number of Equity Shares |
% to existng Share Capital |
Number of Equity Shares |
% Hold- ing post Buyback |
||||
| Promot- ers & Promoter Group |
2,89,26,932 | 52.50 | 2,89,26,932 | 53.52 | |||
| Public | 2,61,71,604 | 47.50 | 2,51,22,129* | 46.48 | |||
| Total | 5,50,98,536 | 100.00 | 5,40,49,061 | 100.00 | |||
| extnguishment of 5,91,232 Equity Shares. Buyback cial Services Limited 1st Floor 24/26 Dalal Street |
Fort |
V.B. Desai Financial Services Limited Cama Building, 1[st] Floor, 24/26, Dalal Street, Fort, Mumbai – 400 001 Tel. No: 022-40770709; 022-40770777; Email: [email protected] Website: www.vbdesai.com SEBI Registration Number: INM000002731 Contact Person: K.K. Antoo
- 1.2 The Buyback commenced on Monday, August 21, 2023, and closed on Tuesday, November 28, 2023.
2. Details of the Buyback
For further details, please refer to the Company’s website (www.cleducate.com) and the websites of the Stock Exchanges (i.e. www.bseindia.com and www.nseindia.com)
- 2.1 The total amount utilized in the Buyback is Rs. 851.58 Lakhs (Rupees Eight Crores Fifty One Lakhs and Fifty Eight Thousand Only), excluding Transaction Costs comprising of approximately 56.77% of the Maximum Buyback Size. The total number of Equity Shares bought back under the Buyback is 1,049,475 (Ten Lakhs Forty Nine Thousand Four Hundred and Seventy Five Only) constituting 1.90% of the shares comprised in the pre-buyback paid-up equity share capital of the Company. The price at which the Equity Shares were bought back was dependent on the price quoted on BSE Limited and National Stock Exchange of India Limited, together referred to as “Stock Exchanges”. The highest price at which the Equity Shares were bought back was Rs. 87.41 per Equity Share while the lowest price was Rs. 69.25 per Equity Share. The Equity Shares were bought back at an average price of Rs. 81.14 per Equity Share. These prices are based on contract notes issued by the Company’s broker (Kunvarji Finstock Private Limited) and exclude Transaction Costs.
5. Directors’ Responsibility
As per Regulation 24 (i)(a) of the Buyback Regulations, the Board of Directors of the Company, in their capacity as directors, accept full and final responsibility for all the information contained in this Advertisement and confirm that the information included herein contains true, factual and material information and does not contain any misleading information.
For and on behalf of the Buy-back Committee of CL Educate Limited Sd/Sd/Sd/-
Gautam Puri Nikhil Mahajan Rachna Sharma Vice Chairman and Executive Director and Company Secretary and Managing Director Group CEO Enterprise Business Compliance Officer DIN: 00033548 DIN: 00033404 Membership No. A17780
- 2.2 The payout formalities have been completed as per the settlement mechanism with the Stock Exchanges. Till date, the Company has extinguished 4,58,243 Equity Shares bought back under the Buyback and is in the process of extinguishing the remaining 5,91,232 Equity Shares bought back.
Place: New Delhi
Date: November 30, 2023
बाजार 3
नईगदलली | गुरु्ार,30न्ंबर2023
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अदाणीदुनियाकेशीर्ष20अमीरों कीसूचीमेंदोबाराशानमल
विशलेषकोंकाकहनाहैवकजुलाई2022 केबादवनफटीसबसेबडीमावसकबढ़तकीओरबढ़रहाहै
अमिषेककुमार मुंबई, 29 नवंबर बाजारोंमेंउछाल इमनजजिंगमाक्केटइंडेकसकापुनसजिं-िुलनगुरु्ारसेपभा्ीहोरहाहै। देवच्ि्जी n मनफ्ी207 अंकचढ़कर भारिको1.5 अरबडॉलरका मुंबई, 29 नवंबर शीर्षभारतीयअरबपतत मेररकीफेडरलररज््मकी 20,097 परबंदहुआ।वहीं पैनस्नन्ेशनमलसकिाहैकयोंनक नाम रकमअरबडॉलरमें सालमेंबदलाव% िरफसेबयाजिरोंमेंकमी एमएससीआईईएमइंडेकसमेंनौनए मंिलवार कोवयसकिगिनेट्थ्ममें अ सेंसेकसने723 अंककी मकशअबानी 89.5 2.7 लानेकानसलनसलाशुरू शेयरशानमलनकएगएहैं, नजनमें 6.5 अरबडॉलरकी्ृनद्धकीमिि होनेकीउममीिकेबीचबेंचमाक्क उछालकेसाथ66,092 पर इंडसइंडबैंक, सुजलॉनएनज्षीऔर सेअिारीसमूहकेचेयरमैनगौिम गौतमअदाणी 66.7 -44.7 कारोबारकीसमाप्तकी सूचकांकोंमेंबुध्ारकोएकफीसिी पेटीएमकेनामनगनाएजासकिेहैं। अिारीएकबारनफरसेिुननयाके शापरममस्ीएव पररवार 32.3 16.1 कीिेजीिज्महुई।अमेररकीबॉनड n 18 मसतंबरकेबादपहली राजयोंमेंहुएचुना्केएस्जटपोल शीष्म-20 अमीरोंकीसूचीमेंशुमार मशवनादर 30.6 25.1 पनिफलऔरडॉलरकेपीछेलौटनेसेभीइसआशा्ािकोबलनमलानक बारमनफ्ी20,000 केऊपर गुरु्ारशामआनेकेकाररनिनमेंबाजारोंमेंउिारचढा्रहसकिाहै। होगएहैंऔरअब्े्ैसश्कसूचीमें19्ेंपायिानपरहैं। सामव्ीमिदल 23.0 46.1 बयाजिरोंमेंअनुमानसेपहलेही बंदहुआ एचडीएफसीनसकयोररटीजकेखुिरा बलूमबग्मररचनलसटकेअनुसार, अिीमपमिी 22.9 -4.7 नगरा्टशुरूहोसकिीहै।ननफटी n नईररकॉड्डऊंचाईसेमनफ्ी शोधपमुखिीपकजसानीनेकहा, अिारी66.7 अरबडॉलर(मंग- मदलीपसाघवी 19.7 26.8 207 अंकयानी1.04 फीसिी 96 अंकपीछेहै।मनफ्ी15 डेरर्ेनट्काएकसपायरीऔरशाम ल्ारिक) कीनन्ेशपूंजीके लकमीममतल 18.5 6.5 चढकर20,097परबंिहुआ।्हीं मसतंबरकोअबतककेसव्वोचच कोएस्जटपोलकेनिीजेआनेके साथभारिकेिूसरेस्ा्मनधक राधामकशनदमानी 18.5 -4.5 सेंसेकसने723 अंकयानी1.1 सतर20,192 परबंदहुआथा कारर30न्ंबरकोबाजारोंमेंकुछ अमीरभीहैं, जबनकररलायंस कुमारमंगलममबड़ला 16.8 48.0 फीसिीकीउछालकेसाथ66,092 घबराहटिेखनेकोनमलसकिीहै। इंडस्ीजकेचेयरमैनमुकेश परकारोबारकीसमास्िकी। बुध्ारकोननफटीमेंशानमल50 अंबानीिेशमेंपहलेनंबरपरऔर आंकड़े: 29 नवंबर, 2023 तक सोत: ब्ूमबर्ग(आरआईसीएच) 18 नसिंबरकेबािपहलीबार न्जयकुमारनेकहा, 10 ्ष्षीय फेडरलररज््मकेअनधकाररयोंने िकउनहोंनेशुद्धरूपसे5,192 मेंसे40शेयरबढिकेसाथबंिहुए 89.5 अरबडॉलरकीनन्ेशपूंजी ननफटी20,000 केऊपरबंिहुआ। अमेररकीबॉनडकापनिफलघटकर बयाजिरोंमेंकमीकासंकेिनियाहै। करोड़रुपयेकानन्ेशनकयाहै जबनकसेंसेकसके30 मेंसे26 केसाथिुननयामें13्ेंसथान इसबढिकेबािननफटीनेइसमहीने 4.3 फीसिीकेनीचेआनाऔर मंगल्ारकोफेडरलररज््मके जबनकअकटूबरमेंउनकीननकासी शेयरोंमेंबढोिरीिज्महुई।ननफटी् परहैं। वहंडनबग्जररपोट्डके नकिीकाइसिेमालनकया।स््वोचच अबिककीबढिको5.33फीसिी डॉलरइंडेकसका103केनीचेआना ग्न्मरनकसटोफर्ॉलरनेकहाथा, 24,548 करोड़रुपयेऔरनसिंबर सेंसेकसमेंऐसकससबैंकमेंसबसे हालांनकअिारीकीनेट्थ्म आरोपोंकीजांचपूरीहोने नयायालयदारानहंडनबग्मररपोट्डमें परपहुंचानियाऔरजुलाई2022के इसक्टीबाजारोंकेनलएसकारातमक मेराभरोसाऔरमजबूिहोरहाहैनक में14,767 करोड़रुपयेरहीथी। जयािा3.9फीसिीचढा,्हींमनहंदा अमेररकी शॉट्डसेलरनहंडनबग्म लगाएगएआरोपोंकीजांचमें बाियहसबसेबड़ीमानसकबढि है।साथहीन्िेशीपोट्डफोनलयो महंगाईकोननयंत् मेंलानेकीनीनि एकसचेंजोंकेअसथायीआंकड़े ऐंडमनहंदामें3.4 फीसिी, न्पोमें ररसच्मकीररपोट्डआनेकेसमयकी केबादसमूहकेशे्रोंमें अपनाफैसलासुनाएजानेकेबाि कीओरअगसरहोरहाहैकयोंनकिब नन्ेशक(एफपीआई)भीबिलीहुई कारगररहीहै।उनहोंनेयहभीकहानक बिािेहैंनकबुध्ारकोएफआईआई 2.4फीसिीऔरटाटामोटस्ममें2.1 िुलनामें53.8 अरबडॉलरया तेजीआईहै सोम्ारसेसमूहकेशेयरोंमेंिेजी इसमें8.7 फीसिीकीउछालआई ्ासिन्किाकेकाररखरीिारबन अमेररकीकेंदीयबैंकबयाजिरोंमें काशुद्धनन्ेश72करोड़रुपयेरहा। फीसिीकाइजाफाहुआ। 44 पनिशििकअभीभीकमहै। आईहै।बाजारननयामकसेबीने थी।नईररकॉड्डऊंचाईसेननफटी96 गएहैं। कटौिीशुरूकरसकिाहै, अगर िेसीसंसथागिनन्ेशकोंनेनपछले वयापकबाजारकाइंडेकसननफटी समूहकेशेयरइससालजन्रीमें कहाहैनकउसने24 मेंसे22 अंकपीछेहै।ननफटी15 नसिंबरको अकटूबरमें5 फीसिीिकचढने अगलेिीनसेपांचमहीनेमेंमहंगाई सत्रमें2,361 करोड़रुपयेकी 500 बुध्ारको0.9 फीसिीचढा नहंडनबग्मररपोट्डसा््मजननकहोने औरअपनेवयसकिगिऋरकोकम मामलोंमेंअपनीजांचपूरीकरली अबिककेस््वोचचसिर20,192 केबाि10 ्ष्षीयअमेररकी्ेजरी मेंलगािारनरमीआिेरहेगी। खरीिारीकी, जोन्ंबरमेंएकनिन जबनकननफटीनमडकैप100इंडेकस केबािसेिेजीसेसुधरेहैं।समूह करनेकोनियाजारहाहै।अिारी है।नन्ेशकइसिथयसेउतसानहि परबंिहुआथा। पनिफलइसमहीनेनीचेआयाहै अमेररकीबॉनडपनिफलमेंनरमी कीखरीिकास््वोचचआंकड़ाहै। में0.8फीसिीऔरननफटीसमॉलकैप कीशानिार्ापसीकाशेयपमोटरों पोर्ट्सऐंडसेजजैसीसमूहकीकुछ बनेहुएथेनकअिारीसमूहके नजयोनजिफाइनैंनशयलसन््मसेज कयोंनकअमेररकीउपभोकिामहंगाई केबीचएफपीआईकानन्ेश न्िेशीनन्ेशमेंमजबूिीआ 100 इंडेकसमेंकरीबएकफीसिी दारासूचीबद्धसंसथाओंमेंअपने कंपननयोंनेभीअपनेस्यंके नखलाफकोईन्परीिररपोट्डनहीं केमुखयनन्ेशररनीनिकार्ीके मेंनगरा्टआईहैऔरअमेररकी सकारातमकहोगया।न्ंबरमेंअब सकिीहैकयोंनकएमएससीआई कीउछालिज्महुई। शेयरन्िेशीनन्ेशकोंकोबेचने बहीखािोंपरकज्मघटानेकेनलए आईथी।
वगफटवनफटीनेररकॉड्ड कारोबारदज्जवक्ा
बीएससंवाददाता ननफटीअनुबंधोंने13.51 अरब मुंबई, 29 नवंबर डॉलरकास्ा्मनधकओपनइंटरेसट भीिज्मनकया। गिफट ननफटीनेमंगल्ारको एनएसईनेएकन्ज्ञस्िमेंकहाहै, 16.7 अरबडॉलरकेसाथअपना ‘संपूर्मआकारमेंपररचालनके एकनिनकास्ा्मनधककारोबार पहलेनिनसेहीनगफटननफटीने िज्मनकया।पू््ममेंएसजीएकस 304.1 अरबडॉलरकेकुल ननफटीनामसेचनच्मिइससूचकांक कारोबारकेसाथ78.7 लाख में400,000 सेजयािाअनुबंधों अनुबंधिज्मनकए।’ नगफटइंटरनैका कारोबार हुआ। नपछला शनलफाइनैंनशयलसन््मसेजसेंटर स्ा्मनधककारोबार15 अरब (आईएफएससी) मेंपूरीक्षमिाके डॉलरकाथा, जो26 नसिंबरको साथपररचालन3 जुलाईकोशुरू िज्मनकयागयाथा।घरेलूबाजारोंमें नकयाथा।इससेपहलेयेअनुबंधोंमें िेजीकीमििसेइससूचकांकपर नसंगापुरएकसचेंज(एसजीएकस) कारोबारीगनिन्नधबढगई।नगफट परकारोबारनकयाजारहाथा।
जोमैटोसेबाहरतनकलीअलीपे
अलीपे नसंगापुरहोसलडंगनेबुध्ारकोफूडनडनल्रीकंपनीजोमैटोमें अपनीपूरी3.44 पनिशिनहससेिारीबेचिी।उसने112.7 रुपयेपनिशेयर केनहसाबसे29.6 करोड़शेयर3,336 करोड़रुपयेमेंबेचे।खरीिारोंमें मॉग्मनसटटैनली,आईसीआईसीआईपूडेंनशयललाइफ,अबूधाबीइन्ेसटमेंट अथॉररटी,सोनसयािेजेनेरालेऔर्ैनगाड्डशानमलहैं।जोमैटोकाशेयर2.6 पनिशििेजीकेसाथ116.7रुपयेपरबंिहुआ।लाभमेंसुधारकेबीचइस कैलेंडर्ष्ममेंजोमैटोकाशेयरकरीब90फीसिीचढाहै। बीएस
पोससनेबैजूसमेंअपने वनिेशकामूल्ांकनघटा्ा
मशवानीमशंदे औरकईअ्रोधोंसेमुकाबलाकर मुंबई, 29 नवंबर रहीहै।साथहीपोससनेकरीबछह महीनेपहलेबैजूसमेंअपनेनन्ेशको नीदरलैंड कीटेकइन्ेसटरपोससने एसोनसएटसेइन्ेसटमेंटकरनियाथा बैजूसमेंअपनेनन्ेशकामूलयघटा कयोंनककंपनीमेंउसकीनहससेिारी नियाहै, नजसनेएडटेककंपनीका 10 फीसिीसेनीचेचलीआईऔर मूलयांकन3 अरबडॉलरकेनीचे ्हबोड्डसेभीबाहरननकलगईथी। पहुंचानिया।यहनपछलेसालके22 टूऔरगुपसीएफओ्काय्मकारी अरबडॉलरकेउसकेमूलयांकनके ननिेशकबानसलभारिमेंहैं।साथही मुकाबले86पनिशिकमहै। न्शलेषकोंसेबािचीिकाय्मकमनई एडटेकफम्ममेंअपनेनन्ेशके निललीमेंआयोनजिहुआ। मूलयमेंकमीलानेकापोससकायह न्त्त्ष्म24 कीपहलीछमाहीमें पहलामौकानहींहै।इससालमईमें एकऔरनन्ेशनेफम्मकेपिश्मनपर पोससनेअपनीनहससेिारीकीकीमि असरडालाहैऔर्हहैफाम्मईजी। 1.62 अरबडॉलरघटाकर48.96 बानसलनेकहा, हमनेफाम्मईजीमें करोड़डॉलरकर अपनेनन्ेशकेमूलयमें िीथी,नजससेफम्म बैजूसकामूल्ांकन 11.8 करोड़डॉलरकी कामूलयांकन5 3 अरबडॉलरके कमीकीहैऔरयह अरबडॉलरहो नीचे, पे्ूकी ्ासि्मेंकज्मननपटाने गयाथा।कंपनीकी केनलएफाम्मईजीकी संभावितसूचीबद्धता आजन्शलेषकों िरफसेरकमजुटानेकी के साथ हुई अगलेसालकी जरूरिसेजुड़ाहै।हमने बािचीिमेंगुप दूसरीछमाहीमें ्ासि्मेंउसिौरमें सीएफओ ् भागीिारीकीथी, जो काय्मकारीननिेशक कारोबारकेआगेबढेको बानसलसगॉड्डसनेकहा,हमनेबैजूस लेकरहमारेभरोसेकोबिािाहै।हमारे मेंअपनेनन्ेशकीकीमि31.5 पासफाम्मईजीकी13 फीसिी करोड़डॉलरघटािीहै,, नजससे नहससेिारीहै।हमनेकंपनीकीपूरी पभा्ीिौरपरबैजूसकामूलयांकन3 ्ैलयूकाखुलासानहींनकयाहै। अरबडॉलरकेनीचेचलागयाहैऔर इनअ्रोधोंकेबा्जूिटूनेकहा हमारेपासकंपनीके10 फीसिीसे नकभारिमेंबड़ेमौकेहैं।उनहोंनेकहा, कमशेयरहैं। हमेंनमलेमौकेकोलेकरहमअचछा न्शलेषकोंसेबािचीिमेंअंिररम महसूसकररहेहैंऔरभारिमें सीईओइन््मनटूनेकहा,हमकंपनीमें उपलबधमौकेकोलेकरभीहमें अपनीससथनिमेंसुधारलानेकेनलए अचछालगरहाहै।जीडीपी3.5लाख हमनिनकामकररहेहैंऔरमेरा करोड़डॉलरसे7लाखकरोड़डॉलर सुझा्यहहैनकअनयशेयरधारकभी परपहुंचनेकीसंभा्नाहै।आपभारि इसीिरहसेधयानकेंनदिनकएहुएहैं। मेंहमसेऔरजयािाकीउममीिकर कंपनीचुनौिीकासामनाकररहीहै सकिेहैं।
इरेडाकाशेयरपहलेतिनही 88 फीसिीचढा
भारतीय अक्षयऊजा्मन्काससंसथाानलनमटेड(इरेडा) काबाजारमूलय बुध्ारकोशेयरबाजारमेंसूचीबद्धहोनेकेपहलेहीनिन88 फीसिीबढ गया।कंपनीकाशेयरअपनेननग् मूलय32 रुपयेकेमुकाबले87.5 फीसिीयानी28 रुपयेचढकर60 रुपयेपरबंिहुआ।कारोबारबंिहोनेसे पहलेशेयरनिनभरकीऊपरीकारोबारीसीमाकोछूगया।एनएसईपरइस शेयरमें50 रुपयेसे60 रुपयेकेमूलयिायरेमें3,183 करोड़रुपयेका खरीि-फरोखिहुआ।इरेडाकीपहलीशेयरनबकीमें38 गुनासेअनधक अनभिाननमला।इरेडाके2,150 करोड़रुपयेकेआईपीओमें1,290 करोड़रुपयेकािाजाननग् औरसरकारदारा860 करोड़रुपयेकी नहससेिारीनबकीशानमलथी। बीएस
टाटाटेक, िोअनयमेंखरीिफरोखतआजसे
टाटा टेकनोलॉनजज, फेडबैंकफाइनैंनशयलसन््मसेज(फेडनफना) और गांधारऑयलररफाइनरीकेशेयरगुरु्ारकोसटॉकएकसचेंजपरसूचीबद्ध होंगे।इनिीनोंकंपननयोंकेआईपीओशुक्ारकोबंिहोगएथे।फलेयर राइनटंगइंडस्ीजकाआईपीओभीशुक्ारकोहीबंिहुआथा,मगरउसका शेयरएकनिनबािसूचीबद्धहोगा।फलेयरराइनटंगइंडस्ीजमें25 पनिशि िेजीआनेकाअनुमानहैजबनकफेडनफनामेंकमिेजीिेखीजासकिीहै। नन्ेशकोंनेचारआईपीओकेनलए2 लाखकरोड़रुपयेसेजयािाकी बोनलयांलगाईं। बीएस
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सोनेकेभािसि्वोचचसतरपर, चांदीभीहुईमहंगी
रामवीरमसंहगुि्जर केभा्परनिनकाउचचसिरछूनलया।यहभा् एमसीएकसमेंचांिीकानिसंबरअनुबंधखबर नईदिल्ी, 29 नवंबर अबिककास््वोचचसिरभीहै।खबरनलखेजाने नलखेजानेकेसमय281 रुपयेकीिेजीकेसाथ केसमययहअनुबंध50 रुपयेकीिेजीकेसाथ 75,580 रुपयेपनिनकलोकेभा्परकारोबार सोने के्ायिा्हानजरभा्आजस््वोचचसिर 62,435 रुपयेकेभा्परकारोबारकररहाथा। कररहाथा।सोने—चांिीकीआगेकीमिोंकेबारे परपहुंचगएहैं।चांिीकीकीमिोंमेंभीिेजीआई हानजरबाजारमेंभीसोनेकीकीमिोंनेनयाररकॉड्ड मेंगु्िाकहिेहैंनकअगलेसालसोनेके्ायिा है।अंिरराष्ीयबाजारमेंभीसोने-चांिीकेभा् बनायाहै। भा्65 से67 हजाररुपयेिकजासकिेहैं, चढेहैं। निललीकेसराफाबाजारमेंबुध्ारकोसोनेकी जबनकचांिीके्ायिाभा्काअगलालकय78 एचडीएफसीनसकयोररटीजमेंकमोनडटी् कीमि750 रुपयेबढकर63,500 रुपयेपनि से80 हजाररुपयेहै।इसबीच, अंिरराष्ीय करेंसीपमुखअनुजगु्िानेबिायानकडॉलर 10गामकेररकॉड्डसिरपरपहुंचगई।सोनेकेसाथ बाजारमेंकॉमेकसपरसोनेके्ायिाभा्एकबार इंडेकस3 महीनेकेननचलेसिरपरपहुंचनेसे हीचांिीकीकीमिोंमेंिेजीिेखनेकोनमलरहीहै। 2052.10 डॉलरकेभा्परनिनकेउचचसिर सोने—चांिीकीकीमिोंमेंिेजीिेखीजारहीहै। बुध्ारकोहानजरबाजारमेंचांिीकीकीमि800 िकपहुंचगएथे।हालांनकखबरनलखेजानेके मलटीकमोनडटीएकसचेंज(एमसीएकस) पर रुपयेबढकर79,000 रुपयेपनिनकलोगामिज्म समययह2,042.30 डॉलरपनिऔंसकेभा् सोनेकेनिसंबरअनुबंधनेआज62,602 रुपये कीगई। परकारोबारकररहाथा।
CL EDUCATE LIMITED
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Registered Office: Plot No. 9A, Sector - 27A, Mathura Road Faridabad, Haryana, 121003 CIN: L74899HR1996PLC076897; Tel: +91-11-41281100 Fax: +91-11-41281101 Email: [email protected]; Website: www.cleducate.com
2.3 The Equity Shares were bought back in the demat segment from the Stock Exchanges. As the Buyback was done from the open market through Stock Exchanges, the identity of the shareholders from whom Equity Shares exceeding one percent of the total Equity Shares were bought in the Buyback is not known.
POST BUYBACK PUBLIC ADVERTISEMENT IN COMPLIANCE WITH REGULATION 24(vi) OF THE SECURITIES AND EXCHANGE BOARD OF INDIA (BUY-BACK OF SECURITIES) REGULATIONS, 2018, AS AMENDED, FOR THE ATTENTION OF THE EQUITY SHAREHOLDERS/ BENEFICIAL OWNERS OF THE EQUITY SHARES OF CL EDUCATE LIMITED.
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This post buyback public advertisement (“ Advertisement ”) is made
pursuant to Regulation 24(vi) of the Securities and Exchange Board of 3. Capital Structure and Shareholding Pattern
India (Buy-back of Securities) Regulations, 2018, for the time being in 3.1 The pre and post Buyback capital structure of the Company is
force, including any statutory modifications and amendments from time set forth below:
to time (“ Buyback Regulations ”). This Advertisement should be read
in conjunction with the public announcement dated August 04, 2023, (Amount Rs. In Lakhs)
published on August 04, 2023 (“ PA ”) issued in connection with the Buy- Sr. No. Particulars Pre Buyback Post Buyback
back. 1. Authorized 4,000.00 4,000.00
The capitalized terms and abbreviations used in the Advertisement shall Share Capital (8,00,00,000 Equity (8,00,00,000
Shares of Rs. 5/- each) Equity Shares
have the same meaning as ascribed to them in the PA, unless otherwise of Rs. 5/- each)
specified. 2. Issued, Sub- 2,754.93 2702.45
1. Buyback scribed & Fully (5,50,98,536 equity (5,40,49,061
Paid up Share shares of Rs. 5/- each) Equity
1.1 The Board of Directors of the Company (the “Board” ) which Capital Shares of Rs
expression shall be deemed to include any committee 5/- each)/- each)- each))
constituted by the Board and/or officials, which the Subject to extinguishment of 5,91,232 Equity Shares.
Board may constitute/ authorise to exercise its powers, 3.2 The Shareholding pattern of the Company pre and post Buyback
including the powers conferred by the board resolution, at is set forth below:
its Meeting meeting”),”), approvedheldWednesday,thethe on Wednesday,thethe buybackAugustofAugustofof fully02,paid-up202302,paid-up2023paid-up2023(“equityequity (“equityequity Board Particularslars - Number ofPre – Bu% to existingybackPre – Bu% to existingyback% to existingybackybackback NumberPost Buyback% Hold-Post Buyback% Hold-yback% Hold-back% Hold-% Hold--
shares of face value of Rs.5/- (Rupees Five Only) (“ Equity Equity Shares Share of Equity ing post
Shares ”) each of the Company, from its shareholders/ Capitalpitalital Shares Buybackybackback
beneficial owners (other than those who are promoters, Promot- 2,89,26,932 52.50 2,89,26,932 53.52
members of the promoter group or persons in control), ers &
from the open market through stock exchange mechanismfor(Rupeesanfor(Rupeesan(Rupeesan aggregateFifteenFifteen CroresamountOnly)not(“amountOnly)not(“Only)not(“not(“(“ Maximum exceeding Buyback Rs.15 Crores Size ”), PromoterGrouPublicTotalpGrouPublicTotalpPublicTotalpTotalp 52,,5061,,9871,,5366042,,5061,,9871,,536604,,5061,,9871,,536604,5061,,9871,,5366045061,,9871,,53660461,,9871,,536604,,9871,,536604,9871,,5366049871,,53660471,,536604,,536604,536604536604 100.0047.50 25,51,40,22,49,129,0615,51,40,22,49,129,061,51,40,22,49,129,06151,40,22,49,129,061,40,22,49,129,06140,22,49,129,061,22,49,129,06122,49,129,061,49,129,06149,129,061,129,061129,061,061061 100.0046.48
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1.1 The Board of Directors of the Company (the “Board” ) which Capital Shares of Rs expression shall be deemed to include any committee 5/- each)/- each)- each)) constituted by the Board and/or officials, which the Subject to extinguishment of 5,91,232 Equity Shares. Board may constitute/ authorise to exercise its powers, 3.2 The Shareholding pattern of the Company pre and post Buyback including the powers conferred by the board resolution, at is set forth below: its held on 2023 Board Meeting meeting”),”), approvedheldWednesday,thethe buybackAugustofAugustofof fully02,paid-up202302,paid-up2023paid-up2023(“equityequity Particularslars - Number ofPre – Bu% to existingybackPre – Bu% to existingyback% to existingybackybackback NumberPost Buyback% Hold-Post Buyback% Hold-yback% Hold-back% Hold-% Hold-- shares of face value of Rs.5/- (Rupees Five Only) (“ Equity Equity Shares Share of Equity ing post Shares ”) each of the Company, from its shareholders/ Capitalpitalital Shares Buybackybackback beneficial owners (other than those who are promoters, Promot2,89,26,932 52.50 2,89,26,932 53.52 members of the promoter group or persons in control), ers & p an exceeding Rs.15 Crores 604 47.50 46.48 from the open market through stock exchange mechanismfor(Rupeesanfor(Rupeesan(Rupeesan aggregateFifteenFifteen CroresamountOnly)not(“amountOnly)not(“Only)not(“not(“(“ Maximum Buyback Size ”), PromoterGrouPublicTotalpGrouPublicTotalpPublicTotalpTotalp 52,,5061,,9871,,5366042,,5061,,9871,,536604,,5061,,9871,,536604,5061,,9871,,5366045061,,9871,,53660461,,9871,,536604,,9871,,536604,9871,,5366049871,,53660471,,536604,,536604,536604536604 100.0047.50 25,51,40,22,49,129,0615,51,40,22,49,129,061,51,40,22,49,129,06151,40,22,49,129,061,40,22,49,129,06140,22,49,129,061,22,49,129,06122,49,129,061,49,129,06149,129,061,129,061129,061,061061 100.0046.48 and at a price not exceeding Rs.94/- (Rupees Ninety Four Subject to extinguishment of 5,91,232 Equity Shares. Only) per Equity Share (“ Maximum Buyback Price ”), payable in cash (the process being referred hereinafter as 4. Manager to the Buyback “ Buyback ”), excluding the Transaction Costs as defined in V.B. Desai Financial Services Limited the PA. Cama Building, 1[st] Floor, 24/26, Dalal Street, Fort, 1.2 The Buyback commenced on Monday, August 21, 2023, and Mumbai – 400 001 Tel. No: 022-40770709; 022-40770777; closedon Tuesday, November 28, 2023. Email: [email protected] Website: www.vbdesai.com SEBI Registration Number: INM000002731 Contact Person: K.K. Antoo
2. Details of the Buyback
For further details, please refer to the Company’s website (www.cleducate.com)www.cleducate.com) and the websites of the Stock Exchanges (i.e. www.bseindia.com and www.nseindia.com)
2.1 The total amount utilized in the Buyback is Rs. 851.58 (www.cleducate.com)www.cleducate.com) Lakhs (Rupees Eight Crores Fifty One Lakhs and Fifty Eight Thousand Only), excluding Transaction Costs comprising of approximately 56.77% of the Maximum Buyback Size. 5. Directors’ Responsibility The total number of Equity Shares bought back under the As per Regulation 24 Buyback is 1,049,475 (Ten Lakhs Forty Nine Thousand Four Hundred and Seventy Five Only) constituting 1.90% of the shares comprised in the pre-buyback paid-up equity share Advertisement and capital of the Company. The price at which the Equity Shares contains true, were bought back was dependent on the price quoted on BSE Limited and National Stock Exchange of India Limited, together referred to as “Stock Exchanges”. The highest price at which the Equity Shares were bought back was Rs. 87.41 per Sd/Sd/Equity Share while the lowest price was Rs. 69.25 per Equity Share. The Equity Shares were bought back at an average Gautam Puri price of Rs. 81.14 per Equity Share. These prices are based Vice Chairman and on contract notes issued by the Company’s broker (Kunvarji Managing Director Finstock Private Limited) and exclude Transaction Costs. DIN: 00033548 2.2 The payout formalities have been completed as per the Place: New Delhi settlement mechanism with the Stock Exchanges. Till date, Date: November 30, 2023 the Company has extinguished 4,58,243 Equity Shares bought back under the Buyback and is in the process of extinguishing the remaining 5,91,232 Equity Shares bought back.
Directors’ Responsibility As per Regulation 24 (i)(a) of the Buyback Regulations, the Board of Directors of the Company, in their capacity as directors, accept full and final responsibility for all the information contained in this Advertisement and confirm that the information included herein contains true, factual and material information and does not contain any misleading information.
For and on behalf of the Buy-back Committee of CL Educate Limited Sd/Sd/Sd/- Gautam Puri Nikhil Mahajan Rachna Sharma Vice Chairman and Executive Director and Company Secretary and Managing Director Group CEO Enterprise Business Compliance Officer DIN: 00033548 DIN: 00033404 Membership No. A17780