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HSBC InvestDirect (India) Ltd.

BSE Live

Dec 27, 11:22
394.00 0.95 (0.24%)
Volume
No Data Available
29,699,846
  • Prev. Close

    393.05

  • Open Price

    -

  • Bid Price (Qty.)

    - (0)

  • Offer Price (Qty.)

    - (0)

HSBC InvestDirect (India) is not listed on BSE

NSE Live

Dec 27, 11:22
394.00 0.60 (0.15%)
Volume
No Data Available
22,933,516
  • Prev. Close

    393.40

  • Open Price

    -

  • Bid Price (Qty.)

    - (0)

  • Offer Price (Qty.)

    - (0)

HSBC InvestDirect (India) is not listed on NSE

ANNOUNCEMENTS ON HSBC Invest

  • Jul 14, 2010 13:38 Source: BSE

    HSBC Investdirect - Appointment of Director

    HSBC InvestDirect (India) Ltd has informed BSE that Ms. Louisa Cheang has been appointed as an Additional Director of the Company w.e.f. July 05, 2010.

  • Jul 14, 2010 13:09 Source: NSE

    HSBC INVESTDIRECT (INDIA) LIMITED Change in Director(s)

    Hsbc Investdirect (India) Limited has informed the Exchange that the Board of Directors of the Company vide resolution passed on July 05, 2010, had approved the resignation of Mr. Tarun Kataria as a Director with effect from close of business hours on June 30, 2010. The Board further approved the appointment of Ms. Louisa Cheang as an Additional Director of the Company with effect from July 5, 2010.

  • Jun 25, 2010 11:30 Source: NSE

    HSBC INVESTDIRECT (INDIA) LIMITED Delisting

    Hsbc Investdirect (India) Limited has has, with reference to the Delisting of the equity shares of the Company from the Exchange, submitted to the Exchange the details of the name, address and contact numbers of the Contact Person at RTA and at the Company for solving Investor queries post Delisting.

  • Jun 24, 2010 18:24 Source: NSE

    HSBC INVESTDIRECT (INDIA) LIMITED Suspension and Delisting of Trading in Equity Shares

    Members of the Exchange are hereby informed that the trading in the equity shares of HSBC InvestDirect (India) Limited shall be suspended w.e.f. July 08, 2010 (i.e. w.e.f. closing hours of trading on July 07, 2010) on account of voluntary delisting pursuant to the SEBI (Delisting of Equity Shares) Regulations, 2009. The admission to dealings in securities of the said company shall be withdrawn (delisted) w.e.f. July 15, 2010.

  • May 20, 2010 10:16 Source: NSE

    HSBC INVESTDIRECT (INDIA) LIMITED Updates

    Hsbc Investdirect (India) Limited has informed the Exchange that with a view to align the business with the long term strategy of HSBC InvestDirect, the Board of Directors of the Company, vide resolution passed on May 19, 2010, approved discontinuation of the Merchant Banking Business by HSBC InvestDirect Securities (India) Ltd. (HISL) and surrender of its Merchant Banking Licence of Securities and Exchange Board of India. HISL continues to be a trading member of the Bombay Stock Exchange Ltd and National Stock Exchange of India Ltd in the Cash and Futures & Options Segments and will focus its efforts on the retail and corporate segment. The Company owns 100% of the total paid up capital of HISL.

  • May 20, 2010 9:07 Source: BSE

    HSBC Investdirect - Financial Results for Mar 31, 2010

    HSBC InvestDirect (India) Ltd has informed BSE about the Financial Results for the Quarter & Year ended March 31, 2010.

  • May 20, 2010 9:03 Source: BSE

    HSBC Investdirect - Updates

    HSBC InvestDirect (India) Ltd has informed BSE that with a view to align the business with the long term strategy of HSBC InvestDirect, the Board of Directors of the Company, vide resolution passed on May 19, 2010, approved discontinuation of the Merchant Banking Business by HSBC InvestDirect Securities (India) Ltd. (HISL) and surrender of its Merchant Banking Licence of Securities and Exchange Board of India. HISL continues to be a trading member of the Bombay Stock Exchange Ltd and National Stock Exchange of India Ltd in the Cash and Futures & Options Segments and will focus its efforts on the retail and corporate segment. The Company owns 100% of the total paid up capital of HISL.

  • May 18, 2010 8:31 Source: BSE

    HSBC Investdirect - Updates on Delisting Offer

    SBI Capital Markets Ltd ("Manager to the Offer"), on behalf of HSBC Securities and Capital Markets (India) Pvt Ltd and HSBC Violet Investments (Mauritius) Ltd ("Acquirers") has issued this Public Announcement to the Equity Shareholders of HSBC InvestDirect (India) Ltd (formerly known as IL&FS Investsmart Ltd) ("HIDIL"/"Target Company"), which is in continuation of & should be read in conjunction with the Original Public Announcement ("PA") dated April 09, 2010, Bid Letter dated April 13, 2010 and First Corrigendum on April 27, 2010 ("First Corrigendum"), pursuant to the Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2009 ("Delisting Regulations"). The Acquirers seeking to acquire 52,41,330 Equity Shares representing 7.40% of the paid-up equity share capital of the Target Company held by the public pursuant to the procedures set out in the Delisting Regulations. Shareholders holding Equity Shares of the Company had been invited to submit bids through the Book-Building platform of the Bombay Stock Exchange Ltd ("BSE") during the Bid Period (April 28, 2010 to May 04, 2010), in accordance with the Delisting Regulations ("Book Building Process"/ "BBP"). In terms of regulation 15(1) of the Delisting Regulations, the Discovered Price determined through the BBP is Rs 400/- (Rupees Four Hundred only) per equity share. The Acquirers are pleased to announce that they hereby accept the Discovered Price and that they will acquire all Equity Shares validly tendered at or below such price which shall be the Exit Price payable to such shareholders. All shareholders whose Shares are being accepted will be uniformly paid the consideration at the Exit Price. The final date for dispatch of consideration to all shareholders whose bids have been accepted will be May 18, 2010. The Equity Shares of the shareholders, whose bids have not been accepted pursuant to the BBP, will be returned to them. The final date for dispatching the share certificates in case of physical Shares and for the credit of Shares to the respective beneficiary account in case of dematerialised Shares is May 18, 2010. Such shareholders are advised to check their demat accounts to confirm receipt of the Equity Shares tendered. In accordance with the Delisting Regulations, the Company shall make delisting applications to the Stock Exchanges i.e. BSE and NSE. The Company shall announce the delisting date in the same newspapers In which the PA and the First Corrigendum appeared. All the shareholders of the Company who did not or were not able to participate in the BBP or who unsuccessfully tendered Shares in the BBP, will be able to sell their Shares to the Acquirers at the Exit Price during a period of one year starting from the date of delisting of the Shares of HIDIL from the Stock Exchanges. Upon delisting the Shares from the Stock Exchanges, an intimation detailing the procedure to be followed for tendering the Shares of HIDIL shall be sent by the Acquirers to the remaining public shareholders. The terms used but not defined in this PA shall have the same meaning assigned to them in the PA & Bid Letter.

  • May 17, 2010 17:34 Source: NSE

    HSBC INVESTDIRECT (INDIA) LIMITED Public Announcement - Delisting

    SBI Capital Markets Limited has informed the Exchange that the HSBC Securities and Capital Markets (India) Private Limited ("HSCI") and HSBC Violet Investments (Mauritius) Limited ("Violet") (hereinafter collectively referred to as the "Acquirers") have accepted the discovered price of Rs. 400/- determined through the Book building process. Further, the Company has submitted to the Exchange a copy of Public Announcement dated May 13, 2010 published in the newpaper on May 14, 2010 with respect to Delisting offer to the equity shareholders of HSBC InvestDirect (India) Private Limited.

  • Apr 28, 2010 9:22 Source: BSE

    HSBC Investdirect - Updates On Delisting Offer

    SBI Capital Markets Ltd ("Manager to the Offer"), on behalf of HSBC Securities and Capital Markets (India) Pvt Ltd and HSBC Violet Investments (Mauritius) Ltd ("Acquirers") has issued this Corrigendum to the Public Announcement to the Equity Shareholders of HSBC InvestDirect (India) Ltd (formerly known as IL&FS Investsmart Ltd) ("HIDIL"/"Target Company") which is in continuation of & should be read in conjunction with the Bid Letter dated April 13, 2010 ("Bid Letter") and Public Announcement ("PA") dated April 10, 2010 (PA and First Corrigendum collectively ("Announcements") in respect of the delisting of the fully paid up equity shares of the Target Company pursuant to the Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2009 ("Delisting Regulations") to acquire 50,18,330 fully paid-up equity shares of face value of Rs 10/- each ("Offer Shares") representing 7.11% of the paid up equity share capital of the Company ("Delisting Offer"). The equity shareholders of HIDIL are requested to kindly note the following subsequent developments with respect to the Delisting Offer: Revision in Offer Shares: 1. Target Company has vide resolution dated April 21, 2010 passed by its Committee of Directors, allotted 2,23,000 fully paid up equity shares of Rs.10/- each pursuant to the exercise of 2,23,000 options (out of 7,04,500 vested options) under the ESOP Scheme-2006 in terms of SEBI (Employee Stock Option and Employee Stock Purchase Scheme) Guidelines, 1999. Thus, as on date, 4,81,500 vested options are outstanding with employees/ ex-employees of the Company and accordingly Para 4(c) of the PA and Para 4(d) of the Bid Letter stands revised. 2. Pursuant to the above allotment, the paid up equity share capital of the Company has increased from Rs. 70,56,67,730/- consisting of 7,05,66,773 equity shares of Rs 10/- each to Rs 70,78,97,730/- consisting of 7,07,89,773 equity shares of Rs 10/- each and accordingly the Offer Shares stand revised from 50,18,330 equity shares to 52,41,330 equity shares ("Revised Offer Shares"), now representing 7.40% of the increased paid up equity share capital of the Company. Also, the Acquirers collective holding of 6,55,48,443 equity shares representing 92.89% of the paid up equity share capital, stands revised to 92.60% of the increased paid-up share capital of the Company. Further, Acquirers individual shareholding in the Company stands revised from 49.49% and 43.40% respectively to 49.33% and 43.27% respectively. Paras 1(e), 6 and 8(a) of the PA, definition of ''Offer Shares'' on page no. 3 of the Bid Letter and Paras 1(e), 6 and 16(a) of the Bid Letter with respect to the Offer Shares; Paras 1(c), 4(c) and 6 of the PA, definition of ''Paid up Equity Share Capital of the Company'' on page no. 4 of the Bid Letter and Paras 1(c), 4(d), 4(e) and 6 of the Bid Letter with respect to the total number of equity shares and paid up equity share capital of the Company; Paras 1(c), 2, 4(c), 5 and 6 of the PA and Paras 1(c), 2, 4(e), 4(f) and 6 of the Bid Letter with respect to percentage holding of the Acquirers in the Company stands revised accordingly. Also, Para 10(b) of the PA and Para 9(b) of the Bid Letter stands revised so that 50% of the Offer Shares" would be 26,20,665 equity shares instead of 25,09,165 equity shares. 3. Also, based on the floor price of Rs.124, the Offer Size stands revised to Rs. 64,99,24,920/- (Sixty-Four Crores Ninety-Nine Lacs Twenty-Four Thousand Nine Hundred and Twenty only) ("Revised Offer Size"). Paras 1(e) and 8(a) of the PA, definition of "Offer Size" on page no. 3 of the Bid Letter and Paras 1(e), 16(a) and 16(b) of the Bid Letter with respect to the Offer Size stands revised accordingly. 4. In terms of regulation 11(1) of the Delisting Regulations, the Acquirers have deposited an additional amount, which is in excess of 100% of the incremental consideration payable upon such revision, in the Escrow Account maintained with The Hongkong and Shanghai Banking Corporation Limited ("HSBC Bank"). Accordingly, the Escrow Account with HSBC Bank holds an amount aggregating Rs.65,00,00,000/- (Rupees Sixty Five Crores Only) as on date of this First Corrigendum. Para 8(b) of the PA and Para 16(b) of the Bid Letter stands revised accordingly. 5. Accordingly, the Delisting Offer made shall be deemed to be successful if, the shareholding of the Acquirers taken together with the shares accepted in the book- building offer through eligible bids at the Exit Price, reaches at least 6,81,69,108 equity shares constituting 96.30% of the increased paid-up equity share capital being the aggregate of pre-offer shareholding of the Acquirers and fifty per cent of the Revised Offer Shares. Paras 10 (c) and 11 of the PA and Paras 9(c) and 10 of the Bid Letter stands revised accordingly. References to Offer Shares, Offer Size and Paid up Equity Share Capital of the Company throughout the PA and the Bid Letter shall stand revised accordingly. The capitalized terms used but not defined herein will have the same meaning as defined in the PA/Bid Letter. All other terms and conditions of the Delisting Offer shall remain unchanged.

CORPORATE ANNOUNCEMENTS

BOARD MEETING

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