Description

Trading schedule for VR WOODART LTD takeover offer from August 18 to September 1, 2025, with offer price of Rs. 22 per share.

Summary

BSE has announced the live activities schedule for the Offer to Buy – Acquisition Window (Takeover) for VR WOODART LTD shares. The takeover offer will run from Monday, August 18, 2025, to Monday, September 1, 2025, with an offer price of Rs. 22.00 per share for up to 1,06,50,070 equity shares.

Key Points

  • Security: VR WOODART LTD (Symbol: VRWODAR, Scrip Code: 523888)
  • ISIN: INE317D01014
  • Offer size: Up to 1,06,50,070 equity shares
  • Face value: Rs. 10.00 per share
  • Offer price: Rs. 22.00 per share
  • Market lot: 1 share
  • Trading period: August 18 - September 1, 2025
  • Session timings: 9:15 AM to 3:30 PM (extended to 4:00 PM on last day for take-up)

Regulatory Changes

No regulatory changes introduced. Standard OTB procedures as per existing Exchange Notices 20150930-1 and 20170203-29 apply.

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 platforms: iBBS, RTRMS, and Extranet
  • Proper bid categorization required (FII, FI, MF, IC, OTH, NOH, CO, IND)

Important Dates

  • Offer Opening: Monday, August 18, 2025
  • Bid Offering Period: August 18 - September 1, 2025 (9:15 AM - 3:30 PM)
  • Give-up/Take-up Period: August 18 - August 29, 2025 (9:15 AM - 3:30 PM)
  • Give-up Last Day: September 1, 2025 (9:15 AM - 3:30 PM)
  • Take-up Last Day: September 1, 2025 (9:15 AM - 4:00 PM)
  • Offer Closing: Monday, September 1, 2025

Impact Assessment

Moderate impact on VR WOODART LTD shareholders who may participate in the takeover offer. Trading members need to prepare systems and ensure client compliance. The offer provides an exit opportunity for existing shareholders at Rs. 22 per share, representing a potential premium depending on current market price.

Impact Justification

Corporate action affecting specific stock with defined trading timeline and procedures