Description
Schedule of activities for the takeover offer of SML ISUZU LIMITED shares from August 8-22, 2025 at Rs. 1554.60 per share.
Summary
BSE has announced the live activities schedule for the Offer to Buy (Acquisition Window/Takeover) for SML ISUZU LIMITED shares. The offer will run from Friday, August 8, 2025, to Friday, August 22, 2025, targeting up to 37,62,628 equity shares at Rs. 1554.60 per share.
Key Points
- Security: SML ISUZU LIMITED (Symbol: SMLISUZU, ISIN: INE294B01019, Scrip Code: 505192)
- Offer Size: Up to 37,62,628 equity shares
- Offer Price: Rs. 1554.60 per share
- Face Value: Rs. 10.00
- Market Lot: 1
- Offer Period: August 8-22, 2025
- Session Timings: 9:15 AM to 3:30 PM (4:00 PM on last day for take-up)
Regulatory Changes
No regulatory changes announced. This is an operational circular for a specific takeover offer.
Compliance Requirements
- Trading Members must ensure UCC of investors is registered with correct PAN Number and Category
- Trading Members can only bid for investors having shares in demat form
- Members must use designated platforms: iBBS, RTRMS, and Extranet for file access
- Bidding categories include FII, FI, MF, IC, Other QIBs, NOH, Company, and Individual investors
Important Dates
- Bid Offering Period: August 8-22, 2025 (9:15 AM - 3:30 PM)
- Give-up/Take-up: August 8-21, 2025 (9:15 AM - 3:30 PM)
- Give-up (Last Day): August 22, 2025 (9:15 AM - 3:30 PM)
- Take-up (Last Day): August 22, 2025 (9:15 AM - 4:00 PM)
Impact Assessment
This takeover offer affects SML ISUZU LIMITED shareholders and provides an exit opportunity at Rs. 1554.60 per share. The 15-day offer window allows sufficient time for participation. Trading members need to ensure system readiness and investor registration compliance. Market impact is company-specific and temporary, limited to the offer period.
Impact Justification
High importance due to takeover activity affecting significant shareholding; medium impact as limited to specific company and timeframe