Description

BSE announces the schedule for offer to buy shares of Premier Capital Services Ltd from September 4-18, 2025 at Rs. 5.65 per share.

Summary

BSE has announced the schedule for an Offer to Buy (Acquisition Window/Takeover) for shares of Premier Capital Services Ltd (PREMCAP). The offer is for up to 96,35,840 equity shares at Rs. 5.65 per share, running from September 4-18, 2025.

Key Points

  • Security: Premier Capital Services Ltd (PREMCAP, Scrip Code: 511016)
  • ISIN: INE946K01023
  • Offer size: Up to 96,35,840 equity shares
  • Offer price: Rs. 5.65 per share
  • Face value: Rs. 1.00
  • Market lot: 1 share
  • Bid offering period: September 4-18, 2025 (9:15 AM to 3:30 PM)
  • Give-up/Take-up period: September 4-17, 2025 (9:15 AM to 3:30 PM)
  • Last day give-up: September 18, 2025 (9:15 AM to 3:30 PM)
  • Last day take-up: September 18, 2025 (9:15 AM to 4:00 PM)

Regulatory Changes

No new regulatory changes introduced. The circular follows existing OTB operational framework as per Exchange Notices 20150930-1 and 20170203-29.

Compliance Requirements

  • Trading Members must ensure investor UCC is registered with correct PAN number and category
  • Only investors with shares in demat form can participate
  • Members must use specified platforms: iBBS, RTRMS, and Extranet
  • Proper bid categorization required (FII, FI, MF, IC, OTH, NOH, CO, IND)

Important Dates

  • September 4, 2025: Opening date and start of bid offering period
  • September 4-17, 2025: Give-up/Take-up period
  • September 18, 2025: Closing date, last day for give-up and take-up activities
  • September 18, 2025 4:00 PM: Final take-up deadline

Impact Assessment

Medium impact limited to Premier Capital Services shareholders and related trading members. The takeover offer provides exit opportunity for existing shareholders at Rs. 5.65 per share. Trading members need to ensure compliance with UCC requirements and platform access for client participation.

Impact Justification

Takeover offer for specific stock with defined timeline affects shareholders of Premier Capital Services