Description

BSE announces the schedule for acquisition window takeover offer of Kolte Patil Developers Ltd shares from August 21 to September 8, 2025.

Summary

BSE has announced the complete schedule for the Offer to Buy - Acquisition Window (Takeover) for Kolte Patil Developers Ltd shares. The offer period runs from August 21, 2025, to September 8, 2025, with an offer price of Rs. 329.00 per share for up to 2,30,56,825 equity shares.

Key Points

  • Security: Kolte Patil Developers Ltd (KOLTEPATIL, INE094I01018, Scrip Code: 532924)
  • Offer size: Up to 2,30,56,825 equity shares
  • Offer price: Rs. 329.00 per share
  • Face value: Rs. 10.00
  • Market lot: 1 share
  • Bid offering period: August 21 to September 8, 2025 (9:15 AM to 3:30 PM)
  • Give-up/Take-up period: August 21 to September 5, 2025 (9:15 AM to 3:30 PM)
  • Last day give-up: September 8, 2025 (9:15 AM to 3:30 PM)
  • Last day take-up: September 8, 2025 (9:15 AM to 4:00 PM)

Regulatory Changes

No new regulatory changes introduced. The circular 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 number and category
  • Only investors with shares in demat form can participate through trading members
  • Members must use specified URLs for iBBS, RTRMS, and Extranet access
  • Contact details provided for technical support and password resets

Important Dates

  • Opening Date: Thursday, August 21, 2025
  • Closing Date: Monday, September 8, 2025
  • Give-up/Take-up Period: August 21 - September 5, 2025
  • Last Day Operations: September 8, 2025
  • Trading Hours: 9:15 AM to 3:30 PM (4:00 PM on last day for take-up)

Impact Assessment

Medium impact on Kolte Patil Developers Ltd shareholders who may participate in the takeover offer. The offer covers a significant portion of shares and provides exit opportunity at Rs. 329 per share. Trading members need to prepare systems and ensure client compliance for participation.

Impact Justification

Medium impact takeover offer affecting specific company shareholders with defined trading schedule