Description
BSE announces the schedule for Offer to Buy acquisition window for NACL Industries Limited shares from August 22 to September 8, 2025.
Summary
BSE has announced the schedule for an Offer to Buy (Acquisition Window/Takeover) for NACL Industries Limited shares. The offer is for up to 52,462,320 equity shares at Rs. 76.70 per share, running from August 22, 2025 to September 8, 2025.
Key Points
- Security: NACL INDUSTRIES LTD (Symbol: NACLIND, ISIN: INE295D01020)
- Offer size: Up to 52,462,320 equity shares
- Offer price: Rs. 76.70 per share
- Face value: Rs. 1.00
- Market lot: 1 share
- Trading through iBBS platform and RTRMS systems
Regulatory Changes
No regulatory changes introduced. This follows existing OTB operational framework as per Exchange Notices 20150930-1 and 20170203-29.
Compliance Requirements
- Trading members must ensure UCC registration with correct PAN numbers and investor categories
- Only investors with shares in demat form can participate
- Members must use designated BSE platforms (iBBS, RTRMS, Extranet)
- Proper bid categorization required (FII, FI, MF, IC, OTH, NOH, CO, IND)
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)
- Last Day Give-up: September 8, 2025 (9:15 AM - 3:30 PM)
- Last Day Take-up: September 8, 2025 (9:15 AM - 4:00 PM)
Impact Assessment
Medium impact on NACL Industries shareholders and trading members. The takeover offer represents a significant corporate action that may affect stock liquidity and price discovery. Trading members need to prepare systems and ensure compliance with OTB procedures. The extended 18-day offer period provides adequate time for participation.
Impact Justification
Significant takeover offer affecting specific stock with defined trading window and procedures