Description
BSE announces the schedule for takeover offer activities for SER Industries Ltd shares from August 20 to September 3, 2025.
Summary
BSE has announced the live activities schedule for the Offer to Buy (Acquisition Window/Takeover) for SER INDUSTRIES LTD shares. The takeover offer will run from August 20 to September 3, 2025, targeting up to 2,57,294 equity shares at Rs. 35.00 per share.
Key Points
- Security: SER INDUSTRIES LTD (Symbol: SERIND, ISIN: INE358F01013)
- Offer Size: Up to 2,57,294 equity shares
- Offer Price: Rs. 35.00 per share (Face Value: Rs. 10.00)
- Market Lot: 1 share
- Opening Date: August 19, 2025
- Closing Date: September 3, 2025
Regulatory Changes
No new regulatory changes introduced. This follows existing OTB operational framework as per Exchange Notices 20150930-1 and 20170203-29.
Compliance Requirements
- Trading Members must ensure UCC of investors is registered with correct PAN and category
- Members can only bid for investors having shares in demat form
- UCC database must be updated with accurate investor information
- Members must use designated BSE platforms (iBBS, RTRMS, Extranet)
Important Dates
- Bid Offering Period: August 20 - September 3, 2025 (9:15 AM - 3:30 PM)
- Give-up/Take-up Period: August 20 - September 2, 2025 (9:15 AM - 3:30 PM)
- Give-up Last Day: September 3, 2025 (9:15 AM - 3:30 PM)
- Take-up Last Day: September 3, 2025 (9:15 AM - 4:00 PM)
Impact Assessment
Medium impact on SER Industries shareholders and trading members. The takeover affects a specific stock with defined share quantity limits. Trading members need to prepare systems and ensure compliance for participation in the acquisition window activities.
Impact Justification
Affects specific stock and trading members participating in takeover activities