Description

Trading Members and Custodians are notified that the acquisition window for five OTB issues will not be available for bidding on Monday, September 8, 2025, due to SEBI Holiday.

Summary

BSE has notified Trading Members and Custodians that the acquisition window for five ongoing issues in the Offer to Buy (OTB) segment will not be available for bidding on Monday, September 8, 2025, due to a SEBI Holiday. This affects takeover-related bidding activities for the specified companies.

Key Points

  • Bidding for five OTB issues will be closed on Monday, September 8, 2025
  • Closure is due to SEBI Holiday
  • All affected issues are in the Takeover sub-type category
  • Trading Members and Custodians are the primary stakeholders affected
  • Contact information provided for queries

Affected Companies

The following five companies’ OTB issues will have their acquisition windows unavailable:

  1. ADDI INDUSTRIES LTD - Takeover
  2. ESAAR INDIA LTD - Takeover
  3. PREMIER CAPITAL SERVICES LTD - Takeover
  4. RAMCHANDRA LEASING FINANCE LTD - Takeover
  5. SNS PROPERTIES AND LEASING LIMITED - Takeover

Compliance Requirements

  • Trading Members must note the closure and plan bidding activities accordingly
  • Custodians should be aware of the suspension for client servicing
  • No bidding will be accepted for these issues on September 8, 2025

Important Dates

  • Notice Date: September 05, 2025
  • Affected Date: Monday, September 08, 2025

Contact Information

For further details, Trading Members and Custodians may contact:

Impact Assessment

Market Impact: Low to Medium - The suspension affects only a specific segment (OTB) and is limited to one trading day. This is a scheduled closure due to regulatory holiday rather than operational issues.

Operational Impact: Medium - Trading Members and Custodians with active positions or planned bidding in these five takeover issues will need to adjust their trading strategies and timelines accordingly. The one-day suspension may extend the overall timeline for these takeover processes.

Impact Justification

Temporary suspension of bidding for specific OTB issues on a single day due to SEBI Holiday. Affects only Trading Members and Custodians with positions in these five takeover issues.