This disclosure intimates the acceptance of shares for subscription in the Non-Retail category of the ongoing Offer for Sale (OFS) of East India Drums and Barrels Manufacturing Limited.
The OFS involves the sale of up to 29,07,200 equity shares of face value ₹10 each, representing up to 19.68% of the total issued and paid-up equity share capital of the company. The seller is Mr. Madhav Jayesh Valia, identified as the Promoter and Seller.
The OFS schedule is structured as follows:
- T Day (August 25, 2026): Bidding for Non-Retail Investors only
- T+1 Day (August 26, 2026): Bidding for Retail Investors and for Non-Retail Investors from T Day who choose to carry forward their un-allotted bids
On T Day (August 25, 2026), bids were received for 22,55,833 shares. These bids will be accepted subject to allocation.
As per Clause 7.5 of the SEBI OFS circular dated January 10, 2023, the unsubscribed portion of the non-retail segment will be carried forward to T+1 day (August 26, 2026) and will be made available for bidding in the retail segment.
The OFS is being conducted through a separate, designated window of the BSE Limited.