04:32 PM, 4th Dec 2025
Seller (acting through its trustees Mr. Ranjit Raghunathan and Mr. Umesh Kankaria) is the Non-Promoter shareholder of DS Kulkarni Developers Ltd (the Company). The Seller proposes to sell up to 500000 Equity Shares of the Company (representing 5.00% of the total Equity Share capital of the Company (hereinafter referred to as the Sale Shares) on December 05 2025 (T Day) (for non-Retail investors only) and on December 08 2025 (T+1) (for Retail investors and for non-Retail investors who choose to carry forward their unallotted bids from T day) through a separate designated window of the Stock Exchanges in accordance with the OFS Guidelines (such offer for sale hereinafter referred to as the<BR>Offer).<BR><BR>The Offer shall be undertaken exclusively through the Sellers Broker (defined hereinafter) on a separate window provided by the Stock Exchanges for this purpose.<BR><BR>- Date and time of the opening and closing of the Offer : The Offer shall take place over two trading days on a separate window of the Stock Exchanges on December 05 2025 (T Day) and December 08 2025 (T+1) from 9:15 a.m. to 3:30 p.m. (Indian Standard Time) on both days as per details given below:<BR><BR>For non-Retail Investors: December 05 2025 (T day)<BR><BR>Only non-Retail Investors shall be allowed to place their bids on T Day i.e. December 05 2025. While placing their bids non-Retail Investors may indicate their willingness to carry forward their un-allotted bids to T+1 day for allocation to them in the unsubscribed portion of Retail Category (defined below).<BR><BR>The Offer shall take place during trading hours on a separate window of the Stock Exchanges on T Day i.e. December 05 2025 commencing at 9:15 a.m. and shall close at 3:30 p.m. Indian Standard Time on the same date.<BR><BR>Those non-Retail Investors who have placed their bids on T day and have chosen to carry forward their un-allocated bids to T+1 day shall be allowed to carry forward for allocation to them in the unsubscribed portion of Retail Category (defined below) and also revise their bids on T+1 day as per the SEBI OFS Circular.<BR><BR>For Retail Investors (defined below) and non-Retail Investors who choose to carry forward their unallotted bids: December 08 2025 (T+1 day)<BR><BR>The Offer shall continue to take place during trading hours on a separate window of Stock Exchanges on T+1 day i.e. December 08 2025 commencing at 9:15 a.m. and shall close on the same date at 3:30 p.m. (Indian Standard Time).<BR><BR>Only Retail Investors (defined below) shall be allowed to place their bids on T+1 day. Further those non-retail investors who have placed their bids on T day and have chosen to carry forward their unallotted bid on T+1 day shall be allowed to carry forward their unallotted bids for allocation to them in the unsubscribed portion of Retail Category and also revise their bids on T+1 day as per the SEBI OFS Circular.<BR><BR>(T day and T+1 day collectively referred to as Trade Dates)<BR><BR>- The Floor Price of the Offer shall be Rs. 10/- (Rupee Ten only) per Equity Share (Floor Price).