The exercise period for Warrants will begin one month from date of allotment of Warrants.
The Company/RTA will send you Warrant Excercise Form before the Warrant Excercise Period starts. This form will also be made available for download on Company’s website.
When you wish to exercise your Warrants, you will have to fill the Warrant Exercise Application Form and send it to Mold-Tek Packaging, along with cheque / demand draft / pay order favouring “MOLD TEK PACKAGING LIMITED SPECIAL WARRANTS ACCOUNT” for the requisite amount along with a photocopy of the delivery instruction, or counterfoil of the delivery instruction, duly acknowledged by the Depository Participant (“DP”), in favour of the Special Depository Account to the Registrar to the Issue.
Before you send the Warrants Exercise Application Form along with other required documents you will have to transfer these Warrants to Special Depositary Account opened by the RTA with NSDL in name of “MTPL RIGHTS DEMAT ESCROW ACCOUNT - WARRANTS”. You can read more in process for off-market transfer here.
Once you have submitted all the documents, the equity shares allotted on exercise of valid Warrants will be credited to the same demat account from where the Warrants have been credited within 15 days from the date of the meeting of the Rights Committee to allot the Equity Shares.
For more information you can also reffer to page No. 143 on Letter of Offer.