Description

Schedule of activities for SML ISUZU LIMITED takeover offer from August 8-22, 2025, with offer price of Rs. 1554.60 per share for up to 37,62,628 equity shares.

Summary

BSE has announced the schedule for the Offer to Buy (Acquisition Window) takeover of SML ISUZU LIMITED shares. The offer will run from Friday, August 8, 2025, to Friday, August 22, 2025, with an offer price of Rs. 1554.60 per share for up to 37,62,628 equity shares.

Key Points

  • Security: SML ISUZU LIMITED (Symbol: SMLISUZU, ISIN: INE294B01019, Scrip Code: 505192)
  • Offer size: Up to 37,62,628 equity shares
  • Face value: Rs. 10.00 per share
  • Offer price: Rs. 1554.60 per share
  • Market lot: 1 share
  • Multiple bidding categories available: FII, FI, MF, IC, OTH, NOH, CO, IND
  • Trading members can only bid for investors with shares in demat form

Regulatory Changes

No regulatory changes mentioned. This is an operational circular for a specific takeover offer.

Compliance Requirements

  • Trading Members and Custodian Members must ensure UCC of investors is registered with correct PAN Number and Category
  • Members must refer to Exchange Notices 20150930-1 and 20170203-29 for operational instructions
  • Trading Members can only bid for investors having shares in demat form
  • UCC registration/updates required in Exchange database

Important Dates

  • Offer Period: August 8, 2025 to August 22, 2025
  • Bid Offering Period: August 8-22, 2025 (9:15 AM to 3:30 PM)
  • Give-up/Take-up Period: August 8-21, 2025 (9:15 AM to 3:30 PM)
  • Give-up (Last Day): August 22, 2025 (9:15 AM to 3:30 PM)
  • Take-up (Last Day): August 22, 2025 (9:15 AM to 4:00 PM)

Impact Assessment

This takeover offer affects SML ISUZU LIMITED shareholders who may participate in the acquisition window. The structured bidding process with specific timings and categories ensures orderly market participation. Trading members need to ensure proper UCC registration for client participation. The offer provides an exit opportunity for existing shareholders at the specified price of Rs. 1554.60 per share.

Impact Justification

High importance due to takeover activity affecting shareholder interests; medium impact as limited to specific company shares