Description

Schedule of activities for takeover offer of KOLTE PATIL DEVELOPERS LTD shares from August 22 to September 8, 2025.

Summary

BSE announces the schedule of activities for the Offer to Buy (Acquisition Window/Takeover) of KOLTE PATIL DEVELOPERS LTD shares. The offer period runs from Friday, August 22, 2025 to Monday, 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 (Symbol: KOLTEPATIL, ISIN: 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
  • Trading accessible through iBBS platform and RTRMS

Regulatory Changes

No regulatory changes announced - this is a procedural notice for a corporate takeover action.

Compliance Requirements

  • Trading Members must ensure UCC of investors is registered with correct PAN Number and Category
  • Trading Members can only bid for investors having shares in demat form
  • Members and custodians must refer to Exchange Notices 20150930-1 and 20170203-29 for operational instructions
  • Contact details provided for technical support and new user creation

Important Dates

  • Opening Date: Friday, August 22, 2025
  • Closing Date: Monday, September 8, 2025
  • Bid Offering Period: August 22 - September 8, 2025 (9:15 AM - 3:30 PM)
  • Give-up/Take-up Period: August 22 - September 5, 2025 (9:15 AM - 3:30 PM)
  • Give-up (Last Day): September 8, 2025 (9:15 AM - 3:30 PM)
  • Take-up (Last Day): September 8, 2025 (9:15 AM - 4:00 PM)

Impact Assessment

Medium impact on KOLTEPATIL shareholders and trading members. The takeover offer provides an exit opportunity for existing shareholders at Rs. 329.00 per share. Trading members need to prepare systems and ensure compliance with UCC requirements. The offer covers a significant portion of equity shares, potentially affecting stock liquidity during the offer period.

Impact Justification

Corporate action affecting specific stock with defined timelines and procedures