Description

Schedule of activities for the acquisition window takeover of ADDI Industries LTD shares from August 28 to September 11, 2025.

Summary

BSE announces the schedule for the Offer to Buy – Acquisition Window (Takeover) of ADDI INDUSTRIES LTD shares. The offer will run from Thursday, August 28, 2025, to Thursday, September 11, 2025, targeting up to 27,78,399 equity shares at Rs. 75.00 per share.

Key Points

  • Security: ADDI INDUSTRIES LTD (Symbol: ADDIND, ISIN: INE757C01021, Scrip Code: 507852)
  • Offer Size: Up to 27,78,399 equity shares
  • Offer Price: Rs. 75.00 per share (Face Value: Rs. 5.00)
  • Market Lot: 1 share
  • Offer Period: August 28, 2025 to September 11, 2025
  • Session Timings: 9:15 AM to 3:30 PM (extended to 4:00 PM on last day for take-up)

Regulatory Changes

No new regulatory changes introduced. The circular follows existing OTB operational guidelines 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
  • Members can only bid for investors having shares in demat form
  • UCC database must be updated in the Exchange system
  • Access to trading platforms (iBBS, RTRMS, Extranet) required for participation

Important Dates

  • Bid Offering Period: August 28 - September 11, 2025 (9:15 AM - 3:30 PM)
  • Give-up/Take-up Period: August 28 - September 10, 2025 (9:15 AM - 3:30 PM)
  • Give-up Last Day: September 11, 2025 (9:15 AM - 3:30 PM)
  • Take-up Last Day: September 11, 2025 (9:15 AM - 4:00 PM)

Impact Assessment

Medium impact on ADDI INDUSTRIES LTD shareholders and trading members. The takeover offer provides an exit opportunity for existing shareholders at Rs. 75.00 per share. Trading members need to prepare systems and ensure compliance with UCC requirements. The two-week offer window allows sufficient time for participation across various investor categories including FII, FI, MF, IC, and individual investors.

Impact Justification

Corporate action affecting specific stock with defined trading windows and procedures