Description
Schedule of activities for acquisition window takeover of KOLTE PATIL DEVELOPERS LTD shares from August 21 to September 8, 2025.
Summary
BSE announces the schedule for Offer to Buy – Acquisition Window (Takeover) for KOLTE PATIL DEVELOPERS LTD shares. The offer covers up to 2,30,56,825 equity shares at Rs. 329.00 per share, running from August 21 to September 8, 2025.
Key Points
- Security: KOLTE PATIL DEVELOPERS LTD (KOLTEPATIL, INE094I01018)
- 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
- Trading session timings: 9:15 AM to 3:30 PM (4:00 PM on last day for take-up)
Regulatory Changes
No regulatory changes announced. Standard OTB procedures apply as per existing Exchange Notices 20150930-1 and 20170203-29.
Compliance Requirements
- Trading Members must ensure UCC registration with correct PAN and category
- Members can only bid for investors with shares in demat form
- UCC database must be updated with accurate investor details
- Access to iBBS, RTRMS, and Extranet platforms required for participation
Important Dates
- Opening Date: August 21, 2025
- Closing Date: September 8, 2025
- Bid Offering Period: August 21 - September 8, 2025 (9:15 AM - 3:30 PM)
- Give-up/Take-up Period: August 21 - 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 KOLTE PATIL DEVELOPERS LTD shareholders and trading members. The acquisition window provides structured opportunity for share acquisition with defined categories (FII, FI, MF, IC, OTH, NOH, CO, IND). Trading members need to ensure system access and compliance with UCC requirements for smooth participation.
Impact Justification
Corporate action affecting specific stock with defined trading windows and procedures