Description
BSE announces the schedule for acquisition window takeover of SER INDUSTRIES LTD shares from August 20 to September 3, 2025.
Summary
BSE has announced the schedule for the Offer to Buy (OTB) – Acquisition Window (Takeover) for SER INDUSTRIES LTD shares. The offer period runs from Wednesday, August 20, 2025, to Wednesday, September 3, 2025, with an offer price of Rs. 35.00 per share for up to 2,57,294 equity shares.
Key Points
- Security: SER INDUSTRIES LTD (Symbol: 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 available for investors with shares in demat form only
Regulatory Changes
No new regulatory changes introduced. Standard OTB procedures apply as per existing Exchange Notices 20150930-1 and 20170203-29.
Compliance Requirements
- Trading Members must ensure UCC of investors is registered with correct PAN Number and Category
- Members must use designated platforms: iBBS, RTRMS, and Extranet
- Custodian Members must follow prescribed bidding procedures
- All participants must adhere to specified session timings
Important Dates
- Offer Period: August 20, 2025 to September 3, 2025
- Bid Offering Period: August 20 to September 3, 2025 (9:15 AM to 3:30 PM)
- Give-up/Take-up Period: August 20 to September 2, 2025 (9:15 AM to 3:30 PM)
- Last Day Give-up: September 3, 2025 (9:15 AM to 3:30 PM)
- Last Day Take-up: September 3, 2025 (9:15 AM to 4:00 PM)
Impact Assessment
Limited market impact as this affects only SER INDUSTRIES LTD shareholders. The acquisition window provides liquidity opportunity for existing shareholders at a premium to current market price. Standard corporate action with established procedures and platform access for all participant categories including FII, FI, MF, IC, and individual investors.
Impact Justification
Corporate action affecting specific stock with defined procedures and timelines