Description
Schedule for acquisition window (takeover) of RAMCHANDRA LEASING FINANCE LTD shares from September 4-18, 2025 at Rs. 2.36 per share.
Summary
BSE has announced the schedule for an Offer to Buy – Acquisition Window (Takeover) for RAMCHANDRA LEASING FINANCE LTD (RLFL) shares. The offer will be conducted from September 4-18, 2025, targeting up to 2,11,02,120 equity shares at Rs. 2.36 per share.
Key Points
- Security: RAMCHANDRA LEASING FINANCE LTD (Symbol: RLFL, ISIN: INE516P01015)
- Offer size: Up to 2,11,02,120 equity shares
- Offer price: Rs. 2.36 per share (Face value: Rs. 1.00)
- Offer period: September 4-18, 2025
- Session timings: 9:15 AM to 3:30 PM (Take-up extends to 4:00 PM on last day)
- Multiple investor categories eligible: FII, FI, MF, IC, QIBs, Companies, Individuals
Regulatory Changes
No regulatory changes mentioned in this circular.
Compliance Requirements
- Trading Members must ensure UCC of investors is registered with correct PAN and category
- Members can only bid for investors having shares in demat form
- Trading Members and Custodian Members must follow operational instructions from previous notices (20150930-1 and 20170203-29)
- Access to iBBS platform, RTRMS, and Extranet required for participation
Important Dates
- Opening Date: September 4, 2025
- Closing Date: September 18, 2025
- Bid Offering Period: September 4-18, 2025 (9:15 AM - 3:30 PM)
- Give-up/Take-up Period: September 4-17, 2025 (9:15 AM - 3:30 PM)
- Last Day Give-up: September 18, 2025 (9:15 AM - 3:30 PM)
- Last Day Take-up: September 18, 2025 (9:15 AM - 4:00 PM)
Impact Assessment
This takeover offer will impact RAMCHANDRA LEASING FINANCE LTD shareholders who may choose to participate in the acquisition window. The offer provides an exit opportunity at Rs. 2.36 per share. Trading members need to ensure proper systems access and compliance procedures are in place for client participation.
Impact Justification
Corporate action affecting specific stock with defined timeline and procedures for shareholders