Description
BSE announces the schedule for the takeover offer of Window Glass Limited shares from July 31 to August 13, 2025.
Summary
BSE has announced the live activities schedule for the Offer to Buy (Takeover) of Window Glass Limited shares. The acquisition window will be open from July 31, 2025 to August 13, 2025, with an offer to acquire up to 1,75,684 equity shares at Rs. 717.50 per share.
Key Points
- Security: WINDOW GLASS LIMITED (Symbol: WINDOW, ISIN: INE902K01018)
- Offer size: Up to 1,75,684 equity shares
- Offer price: Rs. 717.50 per share
- Face value: Rs. 10.00 per share
- Market lot: 1 share
- Trading period: July 31, 2025 to August 13, 2025
Trading Schedule
- Bid Offering Period: July 31 to August 13, 2025 (9:15 AM to 3:30 PM)
- Give-up/Take-up: July 31 to 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)
Compliance Requirements
- Trading members must ensure UCC of investors is registered with correct PAN number and category
- Members can only bid for investors having shares in demat form
- Access to iBBS platform, RTRMS, and Extranet required for participation
- Files on Extranet will be available after confirmation from Merchant Banker/RTA
Important Dates
- Opening Date: Thursday, July 31, 2025
- Closing Date: Wednesday, August 13, 2025
- Last day for Give-up/Take-up: August 12, 2025
Impact Assessment
This takeover offer affects Window Glass Limited shareholders and trading members participating in the OTB module. The 14-day trading window provides sufficient time for participation, with specific session timings and bidding categories clearly defined for different investor types including FIIs, mutual funds, insurance companies, and individuals.
Impact Justification
Specific to one company takeover offer with defined trading window