Description
BSE announces schedule for takeover offer of Window Glass Limited shares from July 31 to August 13, 2025, with offer price of Rs. 717.50 per share.
Summary
BSE has announced the schedule for an Offer to Buy (Acquisition Window/Takeover) for Window Glass Limited shares. The offer will run from Thursday, July 31, 2025, to Wednesday, August 13, 2025, with an offer price of Rs. 717.50 per share for up to 1,75,684 equity shares.
Key Points
- Security: Window Glass Limited (Symbol: WINDOW, ISIN: INE902K01018, Scrip Code: 999949)
- Offer size: Up to 1,75,684 equity shares
- Offer price: Rs. 717.50 per share
- Face value: Rs. 10.00
- Market lot: 1 share
- Multiple bidding categories available (FII, FI, MF, IC, etc.)
Regulatory Changes
No regulatory changes announced. This is a procedural notice for a specific takeover offer following existing OTB regulations.
Compliance Requirements
- Trading members must ensure UCC of investors is registered with correct PAN and category
- Only investors with shares in demat form can participate
- Members must use designated BSE platforms (iBBS, RTRMS, Extranet)
- Proper authentication and login credentials required for platform access
Important Dates
- Offer Period: July 31, 2025 to August 13, 2025
- Bid Offering: July 31 - August 13, 2025 (9:15 AM to 3:30 PM)
- Give-up/Take-up: July 31 - August 12, 2025 (9:15 AM to 3:30 PM)
- Give-up (Last Day): August 13, 2025 (9:15 AM to 3:30 PM)
- Take-up (Last Day): August 13, 2025 (9:15 AM to 4:00 PM)
Impact Assessment
Medium impact limited to Window Glass Limited shareholders and trading members. The takeover offer provides exit opportunity for shareholders at premium price of Rs. 717.50. Trading members need to prepare systems and ensure client compliance for participation in the OTB process.
Impact Justification
Significant corporate action affecting specific stock with defined timelines and procedures