News Announcement

Frontline Securities: Announcement under Regulation 30 (LODR)-Newspaper Publication

The Acquirers had issued a Exit Offer Public Announcement dated August 20 2020 in accordance with regulation 21 of the Delisting Regulations on August 21 2020 announcing the delisting of the equity shares of the Company from BSE Ltd. (stock exchange) where it equity shares were listed and further made an Exit Offer to the remaining public shareholders of the Company to offer their equity shares to the Acquirers at the price of Rs. 36.08/- (Rupees Thirty Six and Paise Eight Only) per equity share for a period of one year from the date of delisting in accordance with the Delisting Regulations.

In compliance with the Delisting Regulations we would further like to inform you that the aforesaid Exit Offer Public Announcement was published on August 21 2020 in the following newspapers:

1. Business Standard (English) in all editions
2. Business Standard (Hindi) in all editions
3. Mumbai Lakshadeep (Marathi) in Mumbai edition

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