BSE Scrip: Not Specified

Announcement Date: July 7, 2026

Offer Details:

  • Type of Transaction: Offer for Sale (OFS) through stock exchange mechanism
  • Seller (Promoter): President of India, acting through the Ministry of Ports, Shipping and Waterways, Government of India
  • Number of Shares Offered: 1,32,59,272 Equity Shares (including oversubscription option)
  • Percentage of Paid-Up Equity: 5.04% of total paid-up equity share capital
  • Base Offer Size: 66,29,636 Equity Shares (2.52% of paid-up capital)
  • Oversubscription Option: 66,29,636 Equity Shares (2.52% of paid-up capital) - exercised

Timelines:

  • T Day (Non-Retail Investors): July 7, 2026
  • T+1 Day (Retail Investors and Carry-Forward Bids): July 8, 2026
  • Bidding Hours: Not Specified

Pricing & Allocation:

  • Floor Price: Not Specified
  • Retail Discount: Not Specified

Allocation Method:

  • Retail Category: 13,25,928 Equity Shares (10% of total Offer Size) reserved for retail investors
  • Employee Reservation: 26,308 Equity Shares (0.20% of Offer Shares) reserved for eligible employees
  • Employee Application Limit: Employees may apply for equity shares up to ₹500,000, but allocation priority given for amounts up to ₹200,000 only
  • Non-Retail Category: Remaining shares after retail and employee allocations

Brokers & Settlement:

  • Seller's Brokers: Not Specified
  • Settlement Broker: Not Specified
  • Settlement Timelines: Not Specified

Withdrawal & Cancellation Conditions:

  • Withdrawal: Not Specified
  • Cancellation: Not Specified
  • Cooling-off Period Post Withdrawal: Not Specified

Other Noteworthy Information:

  • The Offer is conducted in accordance with SEBI circulars regarding OFS through stock exchange mechanism
  • The offer document references a previous notice dated July 6, 2026 that contained additional details
  • The authorized signatory for the transaction is Vipul Singhal from the Ministry of Ports, Shipping and Waterways
  • All capitalized terms not defined in this letter have the same meanings as in the July 6, 2026 Notice