Bafna Pharmaceuticals Ltd

SRJR Lifesciences LLP (the Seller) proposes to sell up to 3145296 Equity Shares the Company (representing 13.30% of the total issued and paid-up Equity Share Capital of the Company) (Offer Shares) on Thursday March 27 2025 (T day) {for Non-Retail Investors (as defined below) only} and on Friday March 28 2025 (T+1 day) {for Retail Investors (as defined below) and for Non-Retail Investors who choose to carry forward their un-allotted bids from T day}) through a separate designated window of BSE Limited (the BSE) and the National Stock Exchange of India Limited (the NSE and together with BSE the Stock Exchanges).<BR><BR>Date and time of the opening and closing of the Offer :<BR><BR>The Offer shall take place on a separate window of the Stock Exchanges on Thursday March 27 2025 and Friday March 28 2025 commencing at 9:15 a.m. (Indian Standard Time) and shall close at 3:30 p.m. (Indian Standard Time) on both days in accordance with the details given below:<BR><BR>For Non-Retail Investors (as defined below): Thursday March 27 2025 (T day)<BR><BR>Only Non-Retail Investors shall be allowed to place their bids on T day i.e. Thursday March 27 2025. While placing their bids Non-Retail Investors may indicate their willingness to carry forward their un-allotted bids to T+1 day for allocation to them in the unsubscribed portion of Retail Category (defined below).<BR><BR>The Offer shall take place during trading hours on a separate window of the Stock Exchanges on T day i.e. Thursday March 27 2025 commencing at 9:15 a.m. and shall close at 3:30 p.m. Indian Standard Time on the same date.<BR><BR>For Retail Investors (as defined below) and Non- Retail Investors who chose to carry forward their un-allotted bids: Friday March 28 2025 (T+1 day)<BR><BR>The Offer shall continue to take place during trading hours on a separate designated window of the Stock Exchanges on T+1 day i.e. Friday March 28 2025 commencing at 09:15 a.m. (Indian Standard Time) and shall close at 03:30 p.m. (Indian Standard Time) on the same date.<BR><BR>Only Retail Investors (defined below) shall be allowed to place their bids on T+1 day i.e. Friday March 28 2025. Further those Non-Retail Investors who have placed their bids on T day and have chosen to carry forward their un-allotted bids to T+1 day shall be allowed to carry forward their un-allotted bids for allocation to them in the unsubscribed portion of Retail Category (defined below) and also revise their bids on T+1 day as per the OFS Guidelines.<BR><BR>(T day and T+1 day together referred to as Trade Dates)<BR><BR>Offer Price : The offer price for the Offer shall be Rs. 72 (Rupees Seventy-Two Only) per Equity Share (Offer Price). The offer is at Single clearing price.<BR><BR>No discount is being offered to the Retail Investors.