Description
Schedule for acquisition window takeover offer for SER Industries Ltd shares from August 20 to September 3, 2025.
Summary
BSE has announced the schedule for an Offer to Buy (Acquisition Window/Takeover) for SER Industries Ltd shares. The offer is for up to 2,57,294 equity shares at Rs. 35.00 per share, running from August 20 to September 3, 2025.
Key Points
- Security: SER Industries Ltd (SERIND, Scrip Code: 507984)
- 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
- Trading Period: August 20 - September 3, 2025
- Session Timings: 9:15 AM to 3:30 PM (4:00 PM on last day for take-up)
Regulatory Changes
No new regulatory changes introduced. This follows existing OTB framework as per Exchange Notices 20150930-1 and 20170203-29.
Compliance Requirements
- Trading Members must ensure UCC registration with correct PAN and category
- Only investors with shares in demat form can participate
- Members must use designated platforms (iBBS, RTRMS, Extranet)
- Proper bid categorization required (FII, FI, MF, IC, OTH, NOH, CO, IND)
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)
- Last Day Give-up: September 3, 2025 (9:15 AM - 3:30 PM)
- Last Day Take-up: September 3, 2025 (9:15 AM - 4:00 PM)
Impact Assessment
Limited market impact as this is a company-specific takeover offer. Primary impact on SER Industries shareholders who may tender their shares. No broader market implications expected. Trading members need to ensure system readiness for OTB module operations.
Impact Justification
Company-specific takeover offer with limited market impact but important for SER Industries shareholders