Description
BSE announces schedule for offer to buy acquisition window takeover of SER Industries Ltd shares from August 20 to September 3, 2025.
Summary
BSE has announced the schedule for Offer to Buy – Acquisition Window (Takeover) for SER Industries Ltd (SERIND) shares. The offer is for up to 2,57,294 equity shares at Rs. 35.00 per share, running from August 20, 2025 to September 3, 2025.
Key Points
- Security: SER Industries Ltd (SERIND), ISIN: INE358F01013, Scrip Code: 507984
- 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
- Trading through iBBS platform and RTRMS systems
- Multiple investor categories eligible: FII, FI, MF, IC, Other QIBs, Companies, Individuals
Regulatory Changes
No new regulatory changes introduced. Standard OTB procedures as per existing Exchange Notices 20150930-1 and 20170203-29 apply.
Compliance Requirements
- Trading Members must ensure UCC registration with correct PAN and category
- Members can only bid for investors having shares in demat form
- Proper login credentials required for iBBS and RTRMS platforms
- Give-up/Take-up procedures must be followed during specified timings
Important Dates
- Opening Date: August 20, 2025
- Closing Date: September 3, 2025
- Bid Offering Period: August 20 - September 3, 2025 (9:15 AM - 3:30 PM)
- Give-up/Take-up: August 20 - September 2, 2025 (9:15 AM - 3:30 PM)
- Final Give-up: September 3, 2025 (9:15 AM - 3:30 PM)
- Final Take-up: September 3, 2025 (9:15 AM - 4:00 PM)
Impact Assessment
Limited impact as this is a company-specific takeover offer affecting only SER Industries Ltd shareholders. The offer represents a potential exit opportunity for existing shareholders at Rs. 35.00 per share. Trading members need to ensure system readiness and proper UCC registration for participating investors.
Impact Justification
Company-specific takeover with limited market-wide impact, affects only SER Industries shareholders