Description
Schedule of activities for the offer to buy shares of Ramchandra Leasing Finance Ltd 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 shares of Ramchandra Leasing Finance Ltd (RLFL). The offer is for up to 2,11,02,120 equity shares at Rs. 2.36 per share, running from September 4-18, 2025.
Key Points
- Security: Ramchandra Leasing Finance Ltd (RLFL)
- ISIN: INE516P01015, Scrip Code: 538540
- Offer size: Up to 2,11,02,120 equity shares
- Offer price: Rs. 2.36 per share
- Face value: Rs. 1.00
- Market lot: 1 share
- Opening date: September 4, 2025
- Closing date: September 18, 2025
Session Timings
- Bid Offering Period: September 4-18, 2025 (9:15 AM - 3:30 PM)
- Give-up/Take-up: September 4-17, 2025 (9:15 AM - 3:30 PM)
- Give-up (last day): September 18, 2025 (9:15 AM - 3:30 PM)
- Take-up (last day): September 18, 2025 (9:15 AM - 4:00 PM)
Compliance Requirements
- Trading Members must ensure UCC of investors is registered with correct PAN and category
- Only investors with shares in demat form can participate
- Members can access iBBS platform, RTRMS, and Extranet for files
- Refer to Exchange Notices 20150930-1 and 20170203-29 for operational instructions
Bidding Categories
- Foreign Institutional Buyers (FII)
- Financial Institutions (FI)
- Mutual Funds (MF)
- Insurance Companies (IC)
- Other QIBs (OTH)
- Other Non-Institutional Buyers (NOH)
- Companies (CO)
- Individuals (IND)
Important Dates
- Offer opens: September 4, 2025
- Offer closes: September 18, 2025
- Give-up/Take-up period ends: September 17, 2025
Impact Assessment
This takeover offer affects shareholders of Ramchandra Leasing Finance Ltd, providing an exit opportunity at Rs. 2.36 per share. Trading members need to prepare systems and ensure compliance with OTB procedures during the two-week offer period.
Impact Justification
Corporate action affecting specific stock with defined timeline and procedures