Saturday, Oct 19, 2019 Current Time: 5:22:34 AM (BST) Market Status: Closed
1JANATAMF 4.10 
0.10    2.50%

1STPRIMFMF 16.40 
0.80    5.13%

AAMRANET 39.90 
-0.30    -0.75%

AAMRATECH 22.50 
-0.50    -2.17%

ABB1STMF 3.90 
0.00    0.00%

ABBANK 8.00 
-0.10    -1.23%

ACFL   22.30    
-0.40    -1.76%

ACI   228.90    
-1.00    -0.43%

ACIFORMULA 124.70 
-0.90    -0.72%

ACMELAB 68.90 
-0.50    -0.72%

ACTIVEFINE 18.50 
-0.10    -0.54%

ADVENT 25.40 
0.40    1.60%

AFCAGRO 23.00 
0.50    2.22%

AFTABAUTO 27.20 
-0.10    -0.37%

AGNISYSL 15.00 
-0.20    -1.32%

AGRANINS 27.10 
0.60    2.26%

AIBL1STIMF 6.80 
0.00    0.00%

AIL   38.30    
-0.40    -1.03%

AL-HAJTEX 30.50 
-2.50    -7.58%

ALARABANK 18.00 
0.00    0.00%

ALIF   7.00    
0.00    0.00%

ALLTEX 8.60 
-0.10    -1.15%

AMANFEED 33.20 
0.50    1.53%

AMBEEPHA 511.90 
-15.40    -2.92%

AMCL(PRAN) 206.90 
2.30    1.12%

ANLIMAYARN 28.20 
-0.10    -0.35%

ANWARGALV 71.40 
0.00    0.00%

APEXFOODS 130.00 
-1.50    -1.14%

APEXFOOT 240.40 
0.20    0.08%

APEXSPINN 103.00 
-0.40    -0.39%

APEXTANRY 107.00 
0.90    0.85%

APOLOISPAT 4.90 
-0.10    -2.00%

ARAMIT 287.90 
7.90    2.82%

ARAMITCEM 13.80 
-0.50    -3.50%

ARGONDENIM 18.50 
-0.60    -3.14%

ASIAINS 25.50 
0.70    2.82%

ASIAPACINS 25.10 
0.90    3.72%

ATCSLGF 8.70 
0.20    2.35%

ATLASBANG 133.50 
-0.50    -0.37%

AZIZPIPES 132.20 
0.00    0.00%

BANGAS 265.60 
-1.10    -0.41%

BANKASIA 19.60 
0.20    1.03%

BARKAPOWER 24.10 
-1.10    -4.37%

BATASHOE 911.00 
0.50    0.05%

BATBC   1100.00    
1.20    0.11%

BAYLEASING 13.10 
-0.70    -5.07%

BBS   18.40    
-0.70    -3.66%

BBSCABLES 73.90 
-2.60    -3.40%

BDAUTOCA 167.70 
-0.20    -0.12%

BDCOM   23.00    
0.60    2.68%

BDFINANCE 11.20 
0.20    1.82%

BDLAMPS 178.20 
-2.60    -1.44%

BDTHAI 12.70 
0.10    0.79%

BDWELDING 15.30 
-0.10    -0.65%

BEACHHATCH 14.20 
-0.20    -1.39%

BEACONPHAR 29.40 
0.60    2.08%

BENGALWTL 23.50 
1.50    6.82%

BERGERPBL 1495.20 
-15.70    -1.04%

BEXIMCO 17.20 
0.10    0.58%

BGIC   24.00    
0.60    2.56%

BIFC   2.50    
0.00    0.00%

BNICL   23.10    
0.20    0.87%

BPML   47.70    
-0.10    -0.21%

BRACBANK 58.50 
-0.50    -0.85%

BSC   52.00    
0.00    0.00%

BSCCL   113.40    
-1.50    -1.31%

BSRMLTD 59.80 
0.40    0.67%

BSRMSTEEL 48.80 
-0.10    -0.20%

BXPHARMA 82.70 
0.30    0.36%

BXSYNTH 3.90 
0.10    2.63%

CAPMBDBLMF 9.00 
0.80    9.76%

CAPMIBBLMF 11.00 
0.90    8.91%

CENTRALINS 24.80 
0.40    1.64%

CENTRALPHL 8.10 
-0.10    -1.22%

CITYBANK 23.10 
-0.10    -0.43%

CITYGENINS 22.70 
1.00    4.61%

CNATEX 2.10 
0.00    0.00%

CONFIDCEM 137.00 
0.60    0.44%

CONTININS 24.30 
0.70    2.97%

COPPERTECH 25.60 
-0.80    -3.03%

CVOPRL 118.20 
-1.90    -1.58%

DACCADYE 3.50 
-0.10    -2.78%

DAFODILCOM 50.50 
0.00    0.00%

DBH   123.30    
1.50    1.23%

DBH1STMF 8.50 
-0.10    -1.16%

DELTALIFE 90.50 
0.40    0.44%

DELTASPINN 4.00 
-0.20    -4.76%

DESCO   40.00    
-0.20    -0.50%

DESHBANDHU 11.40 
0.00    0.00%

DHAKABANK 12.60 
-0.20    -1.56%

DHAKAINS 39.10 
0.90    2.36%

DOREENPWR 63.70 
-0.40    -0.62%

DSHGARME 147.00 
-0.70    -0.47%

DSSL   13.10    
-0.40    -2.96%

DULAMIACOT 44.00 
3.40    8.37%

DUTCHBANGL 70.10 
0.40    0.57%

EASTERNINS 52.70 
2.10    4.15%

EASTLAND 26.70 
-0.10    -0.37%

EASTRNLUB 1186.00 
-18.30    -1.52%

EBL   35.00    
0.10    0.29%

EBL1STMF 5.00 
0.10    2.04%

EBLNRBMF 4.80 
0.20    4.35%

ECABLES 277.00 
-3.60    -1.28%

EMERALDOIL 11.70 
-0.90    -7.14%

ENVOYTEX 28.30 
0.00    0.00%

ESQUIRENIT 28.00 
-0.80    -2.78%

ETL   9.80    
0.00    0.00%

EXIM1STMF 4.60 
0.20    4.55%

EXIMBANK 10.30 
0.00    0.00%

FAMILYTEX 2.80 
0.00    0.00%

FARCHEM 8.50 
-0.10    -1.16%

FAREASTFIN 3.00 
0.10    3.45%

FAREASTLIF 49.50 
0.70    1.43%

FASFIN 6.90 
-0.10    -1.43%

FBFIF   3.80    
0.00    0.00%

FEDERALINS 15.00 
0.60    4.17%

FEKDIL 10.60 
0.00    0.00%

FINEFOODS 37.20 
-0.10    -0.27%

FIRSTFIN 3.70 
0.30    8.82%

FIRSTSBANK 9.50 
0.00    0.00%

FORTUNE 27.50 
-0.70    -2.48%

FUWANGCER 8.70 
0.00    0.00%

FUWANGFOOD 10.20 
0.00    0.00%

GBBPOWER 11.00 
-0.20    -1.79%

GEMINISEA 246.10 
-7.20    -2.84%

GENEXIL 57.90 
0.30    0.52%

GENNEXT 3.90 
0.10    2.63%

GHAIL   26.80    
2.40    9.84%

GHCL   34.50    
0.00    0.00%

GLAXOSMITH 1760.00 
-19.20    -1.08%

GLOBALINS 23.50 
1.20    5.38%

GOLDENSON 7.40 
0.40    5.71%

GP   317.40    
-10.70    -3.26%

GPHISPAT 31.00 
0.00    0.00%

GQBALLPEN 63.50 
-2.50    -3.79%

GRAMEENS2 11.20 
-0.10    -0.88%

GREENDELMF 8.00 
0.10    1.27%

GREENDELT 59.40 
2.40    4.21%

GSPFINANCE 14.40 
0.20    1.41%

HAKKANIPUL 47.30 
-0.20    -0.42%

HEIDELBCEM 196.60 
0.10    0.05%

HFL   17.00    
0.30    1.80%

HRTEX   35.20    
-0.20    -0.56%

HWAWELLTEX 35.00 
-0.10    -0.28%

IBBLPBOND 921.50 
4.50    0.49%

IBNSINA 247.00 
2.90    1.19%

IBP   16.50    
-0.10    -0.60%

ICB   89.00    
-1.00    -1.11%

ICB3RDNRB 5.20 
0.20    4.00%

ICBAGRANI1 6.00 
0.30    5.26%

ICBAMCL2ND 7.70 
0.20    2.67%

ICBEPMF1S1 5.30 
0.10    1.92%

ICBIBANK 3.70 
0.10    2.78%

ICBSONALI1 6.20 
0.40    6.90%

IDLC   47.00    
0.10    0.21%

IFADAUTOS 51.00 
-0.60    -1.16%

IFIC   9.60    
0.20    2.13%

IFIC1STMF 4.10 
0.00    0.00%

IFILISLMF1 5.90 
0.10    1.72%

ILFSL   5.50    
-0.10    -1.79%

IMAMBUTTON 21.80 
-0.60    -2.68%

INTECH 24.70 
-0.90    -3.52%

INTRACO 16.50 
0.00    0.00%

IPDC   22.20    
-0.40    -1.77%

ISLAMIBANK 20.40 
0.40    2.00%

ISLAMICFIN 14.80 
0.10    0.68%

ISLAMIINS 24.80 
1.90    8.30%

ISNLTD 32.90 
0.00    0.00%

ITC   36.40    
-0.10    -0.27%

JAMUNABANK 18.20 
0.30    1.68%

JAMUNAOIL 156.70 
1.00    0.64%

JANATAINS 18.40 
0.50    2.79%

JMISMDL 408.70 
-5.90    -1.42%

KARNAPHULI 19.40 
0.10    0.52%

KAY&QUE 169.20 
-0.30    -0.18%

KBPPWBIL 7.80 
-0.50    -6.02%

KDSALTD 41.60 
0.10    0.24%

KEYACOSMET 3.90 
-0.10    -2.50%

KOHINOOR 414.00 
-1.60    -0.38%

KPCL   44.30    
-0.20    -0.45%

KPPL   15.00    
0.30    2.04%

KTL   13.30    
0.00    0.00%

LANKABAFIN 14.90 
-0.10    -0.67%

LEGACYFOOT 115.80 
0.20    0.17%

LHBL   32.10    
0.20    0.63%

LIBRAINFU 745.20 
-20.90    -2.73%

LINDEBD 1280.00 
-18.00    -1.39%

LRGLOBMF1 6.70 
0.40    6.35%

MAKSONSPIN 4.80 
0.00    0.00%

MALEKSPIN 11.60 
0.20    1.75%

MARICO 1749.90 
3.70    0.21%

MATINSPINN 28.80 
-0.20    -0.69%

MBL1STMF 6.30 
0.00    0.00%

MEGCONMILK 14.30 
-1.50    -9.49%

MEGHNACEM 74.90 
-4.50    -5.67%

MEGHNALIFE 52.80 
1.10    2.13%

MEGHNAPET 9.90 
0.40    4.21%

MERCANBANK 12.90 
0.20    1.57%

MERCINS 31.00 
2.30    8.01%

METROSPIN 5.60 
-0.10    -1.75%

MHSML   7.00    
-0.70    -9.09%

MICEMENT 45.70 
-0.90    -1.93%

MIDASFIN 14.60 
0.30    2.10%

MIRACLEIND 17.10 
0.20    1.18%

MITHUNKNIT 8.00 
0.00    0.00%

MJLBD   78.90    
-0.10    -0.13%

MLDYEING 29.90 
-1.60    -5.08%

MONNOCERA 164.90 
-6.20    -3.62%

MONNOSTAF 1392.50 
-92.80    -6.25%

MPETROLEUM 183.70 
-0.30    -0.16%

MTB   32.30    
0.40    1.25%

NAHEEACP 44.00 
-0.70    -1.57%

NATLIFEINS 228.00 
-5.20    -2.23%

NAVANACNG 43.30 
0.20    0.46%

NBL   7.70    
0.00    0.00%

NCCBANK 12.80 
-0.20    -1.54%

NCCBLMF1 6.20 
0.10    1.64%

NEWLINE 15.20 
-0.50    -3.18%

NFML   8.10    
0.10    1.25%

NHFIL   37.40    
0.90    2.47%

NITOLINS 28.90 
0.80    2.85%

NLI1STMF 10.80 
0.00    0.00%

NORTHERN 881.90 
61.50    7.50%

NORTHRNINS 24.00 
0.70    3.00%

NPOLYMAR 69.50 
-3.00    -4.14%

NTC   623.00    
-3.10    -0.50%

NTLTUBES 187.50 
4.80    2.63%

NURANI 9.50 
-0.20    -2.06%

OAL   7.10    
-0.10    -1.39%

OIMEX   21.80    
-0.30    -1.36%

OLYMPIC 188.80 
2.00    1.07%

ONEBANKLTD 11.20 
0.20    1.82%

ORIONINFU 51.60 
-3.00    -5.49%

ORIONPHARM 27.80 
-0.70    -2.46%

PADMALIFE 15.80 
-0.10    -0.63%

PADMAOIL 214.90 
0.60    0.28%

PARAMOUNT 25.70 
0.50    1.98%

PDL   11.20    
0.00    0.00%

PEOPLESINS 22.50 
0.70    3.21%

PF1STMF 6.30 
0.40    6.78%

PHARMAID 504.00 
-10.60    -2.06%

PHENIXINS 27.30 
0.70    2.63%

PHOENIXFIN 23.90 
0.10    0.42%

PHPMF1 4.00 
0.10    2.56%

PIONEERINS 36.00 
0.40    1.12%

POPULAR1MF 4.00 
0.10    2.56%

POPULARLIF 95.00 
-2.70    -2.76%

POWERGRID 58.40 
0.30    0.52%

PRAGATIINS 40.70 
1.20    3.04%

PRAGATILIF 144.80 
5.10    3.65%

PREMIERBAN 11.80 
0.30    2.61%

PREMIERCEM 56.00 
-0.30    -0.53%

PREMIERLEA 5.80 
0.00    0.00%

PRIME1ICBA 5.40 
0.10    1.89%

PRIMEBANK 18.80 
0.10    0.53%

PRIMEFIN 7.00 
0.10    1.45%

PRIMEINSUR 26.30 
1.20    4.78%

PRIMELIFE 47.40 
0.90    1.94%

PRIMETEX 24.40 
-0.20    -0.81%

PROGRESLIF 76.30 
-2.50    -3.17%

PROVATIINS 29.50 
0.70    2.43%

PTL   53.70    
-0.40    -0.74%

PUBALIBANK 25.00 
0.20    0.81%

PURABIGEN 16.70 
0.60    3.73%

QUASEMIND 27.00 
0.50    1.89%

QUEENSOUTH 23.70 
-0.90    -3.66%

RAHIMTEXT 297.60 
-1.40    -0.47%

RAKCERAMIC 29.50 
-0.50    -1.67%

RANFOUNDRY 129.80 
1.40    1.09%

RDFOOD 10.90 
-0.40    -3.54%

RECKITTBEN 2753.00 
30.10    1.11%

REGENTTEX 9.70 
-0.30    -3.00%

RELIANCE1 8.40 
0.10    1.20%

RELIANCINS 46.80 
1.00    2.18%

RENATA 1294.00 
3.40    0.26%

RENWICKJA 1506.90 
71.70    5.00%

REPUBLIC 24.40 
0.40    1.67%

RNSPIN 3.10 
-0.20    -6.06%

RSRMSTEEL 30.00 
-0.70    -2.28%

RUNNERAUTO 62.50 
-1.60    -2.50%

RUPALIBANK 30.80 
0.50    1.65%

RUPALIINS 22.00 
0.70    3.29%

RUPALILIFE 43.40 
1.30    3.09%

SAFKOSPINN 16.80 
-0.10    -0.59%

SAIFPOWER 14.50 
-0.50    -3.33%

SAIHAMCOT 20.40 
0.10    0.49%

SAIHAMTEX 32.80 
0.70    2.18%

SALAMCRST 23.80 
0.30    1.28%

SALVOCHEM 13.20 
-0.30    -2.22%

SAMATALETH 78.40 
2.90    3.84%

SAMORITA 59.90 
-1.30    -2.12%

SANDHANINS 22.00 
0.60    2.80%

SAPORTL 18.00 
0.10    0.56%

SAVAREFR 115.00 
-2.20    -1.88%

SEAPEARL 21.50 
-0.10    -0.46%

SEBL1STMF 9.90 
0.00    0.00%

SEMLFBSLGF 14.70 
0.50    3.52%

SEMLIBBLSF 9.60 
0.30    3.23%

SEMLLECMF 8.00 
0.50    6.67%

SHAHJABANK 22.40 
0.20    0.90%

SHASHADNIM 29.90 
-0.20    -0.66%

SHEPHERD 36.00 
0.00    0.00%

SHURWID 23.00 
-0.50    -2.13%

SHYAMPSUG 23.00 
0.00    0.00%

SIBL   12.40    
0.00    0.00%

SILCOPHL 35.80 
1.70    4.99%

SILVAPHL 17.80 
0.20    1.14%

SIMTEX 14.40 
-0.50    -3.36%

SINGERBD 208.00 
3.90    1.91%

SINOBANGLA 72.70 
-1.40    -1.89%

SKTRIMS 40.60 
-0.70    -1.69%

SONALIANSH 446.00 
19.40    4.55%

SONARBAINS 35.90 
0.70    1.99%

SONARGAON 31.50 
-0.50    -1.56%

SOUTHEASTB 12.80 
0.00    0.00%

SPCERAMICS 13.40 
-0.10    -0.74%

SPCL   79.00    
0.40    0.51%

SQUARETEXT 38.00 
0.10    0.26%

SQURPHARMA 238.50 
0.00    0.00%

SSSTEEL 27.80 
0.30    1.09%

STANCERAM 525.50 
-42.60    -7.50%

STANDARINS 32.70 
0.00    0.00%

STANDBANKL 9.10 
0.20    2.25%

STYLECRAFT 611.10 
-29.50    -4.61%

SUNLIFEINS 15.00 
-0.10    -0.66%

TAKAFULINS 29.10 
1.10    3.93%

TALLUSPIN 3.70 
0.00    0.00%

TITASGAS 34.80 
0.00    0.00%

TOSRIFA 14.70 
0.30    2.08%

TRUSTB1MF 4.10 
0.00    0.00%

TRUSTBANK 27.90 
0.20    0.72%

TUNGHAI 2.50 
0.10    4.17%

UCB   14.30    
0.00    0.00%

UNIONCAP 7.50 
0.10    1.35%

UNIQUEHRL 45.00 
-0.90    -1.96%

UNITEDAIR 1.50 
0.10    7.14%

UNITEDFIN 16.70 
0.30    1.83%

UNITEDINS 56.30 
1.10    1.99%

UPGDCL 257.30 
-1.80    -0.69%

USMANIAGL 91.10 
-1.60    -1.73%

UTTARABANK 28.30 
0.10    0.35%

UTTARAFIN 54.50 
0.40    0.74%

VAMLBDMF1 6.60 
0.20    3.12%

VAMLRBBF 6.00 
0.30    5.26%

VFSTDL 22.50 
-0.70    -3.02%

WATACHEM 616.00 
-6.20    -1.00%

WMSHIPYARD 12.60 
-0.50    -3.82%

YPL   6.90    
0.00    0.00%

ZAHEENSPIN 6.20 
0.00    0.00%

ZAHINTEX 4.80 
-0.10    -2.04%

ZEALBANGLA 30.50 
-2.80    -8.41%


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Listing Procedure

General stages and relevant processes of listing with DSE through IPO

  • Decision to go Public:
    • Take Board decision to go public
    • Appoint Issue Manager(s) from Bangladesh Securities and Exchange Commission (BSEC) approved list
    • Decide method of public offer with assistance from Issue Manager – Fixed Price or Book Building or Direct Listing
    • Get Accounts audited by BSEC approved Panel of Auditors
    • Initiate process for credit rating - Mandatory for Bank, Insurance, NBFI and any issue with offer price at premium
    • Develop a Company Website

  • Prepare Draft Prospectus/Red-herring Prospectus/Draft Information Memorandum:
    • Assist Issue Manager in preparing Draft Prospectus in accordance with Bangladesh Securities and Exchange Commission (Public Issue) Rules, 2015
    • Appoint Underwriters
    • In case of IPO under Book Building Method
      1. Prepare a Red-herring Prospectus
      2. Send invitation to Eligible Investors (EIs) for Road Show
      3. Conducting Road Show
      4. Collect comments and observations from EIs who participated in the road show in accordance with rules of the Bangladesh Securities and Exchange Commission (Public Issue) Rules, 2015
      5. Finalize the Red-herring Prospectus

  • Apply to BSEC for Public Offer:
    • Apply to BSEC for IPO under the Bangladesh Securities and Exchange Commission (Public Issue) Rules, 2015. Submit copies of Draft prospectus/Red- herring Prospectus along with relevant documents to Exchanges simultaneously.
    • Assist Issue Manager in updating draft prospectus to comply with or fulfill deficiencies identified by BSEC/Exchange.
    • Post the draft Prospectus/Red-herring Prospectus on Company's and Issue Manager's Website.

  • Bidding by EIs (for Book-Building only):
    • Obtain BSEC consent for bidding
    • Apply to Exchanges for holding bidding with BSEC consent for bidding
    • Sign agreement to share Book Building Software for bidding and payment of fees thereof
    • Determine the cut-off price through Book-Building Software
    • On completion of bidding collect allotment list for EI and cut-off price from the Exchange
    • Submit the details of bidding along with draft prospectus to BSEC for approval.

  • Approval of IPO:
    • Collect consent letter issued by BSEC
    • Print abridged version of the approved and vetted prospectus in widely circulated two Bengali and two English News Papers
    • Print Final Prospectus
    • Post the vetted Prospectus on Website of Issuer, Issue Manager, Commission, and Exchange.
    • Apply for Listing with Exchanges in accordance with BSEC (Public Issue) Rules, 2015 and the Listing Regulations of the Exchanges.

  • Subscription and Lottery:
    • Start subscription for IPO through designated Stock Brokers/Merchant Bankers.
    • Assist Issue Manager and Registrar to the issue/Post Issue Manager in completing formalities related to subscription, lottery, refund and crediting shares to successful allottees.
    • After subscription period, submit subscription status to BSEC and the Exchanges where the issuer wishes to get listed.
    • Hold lottery in case of over subscription under general public category.
    • Distribute securities on pro-rata basis in case of over subscription under category of eligible investors.

  • Allotment and Refund:
    • Distribute Allotment letter in electronic form and Complete Refund Process
    • After distribution of allotment letters/completion of refund submit a compliance report before the Commission and the Exchanges.
    • If issue was not subscribed by minimum required quantity refund the subscribers.

  • Listing Approval by the Exchange(s):
    • After distribution of allotment letters/refund warrants and compliance of other requirements, the application for listing by the Issuer is placed for listing approval
    • Listing is approved or rejected

  • Credit Share/Units:
    • If listing is approved by the Exchange, issuer shall apply to CDBL for crediting tradable shares/units as per allotment.

  • Commencement of Trading of scrips on the Bourse(s):
    • Once shares/units are credited and confirmed by CDBL, commencement date for trading is announced by the respective Exchange.

    General stages and relevant processes of listing by offloading of shares of companies through Direct Listing Process

    • Take Board decision for Offloading shares
    • Take shareholders resolution in respect of disposal of Shares
    • Get relevant approval from concerned ministry or any other regulatory body, if any
    • Appoint Issue Manager, Designated Brokers
    • Prepare Information Document in accordance with Regulations 8 to 13 of the Dhaka Stock Exchange (Listing) Regulations, 2015
    • Submit Information document to the respective Exchanges and BSEC and apply to the Exchanges for offloading of shares through direct listing
    • Comply with deficiency letter issued by BSEC, if any
    • Comply with any deficiencies identified the respective Exchanges
    • Update Information document and get the same vetted by the respective exchanges
    • Exchange(s) approve Listing, if no contrary opinion is received from BSEC
    • Publish the Information Document in two in at least two widely circulated national dailies (one in Bangla and the other in English).
    • Post the full information document or public offer document on the web site of the Commission, the Exchange and the Issuer.
    • Submit printed Information Document to Exchanges and BSEC
    • Trading shall commence at least seven days after publication of information document
    • Make shares to be offloaded available to designated stock brokers and provide irrevocable sale orders for the total quantity made available.
    • The existing shareholders shall offer for sell at least 25 (twenty five) percent of the shareholdings in the company within 30 (thirty) trading days from the date of commencing the normal trading.
    • No sponsors or directors of the company shall, subject to compliance of other provisions in respect of shareholding, sell more than 50% of his existing shareholdings until the company holds the annual general meeting after completion of one full accounting year of the company upon listing with the Exchange.
    • The sponsors or directors shall be restricted from buying shares for 1 (one) year from the date of direct listing.
    • Report broker wise offloading status to the exchanges and BSEC on daily basis until completion of sale of the targeted 25 (twenty five) percent shareholdings.

     




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