Description
BSE announces schedule for takeover offer of NATIONAL FITTINGS LIMITED shares from September 10-23, 2025 with offer price of Rs. 135 per share.
Summary
BSE has announced the schedule for an Offer to Buy (Acquisition Window/Takeover) for NATIONAL FITTINGS LIMITED shares. The offer runs from September 10, 2025 to September 23, 2025, with an offer price of Rs. 135 per share for up to 23,61,628 equity shares.
Key Points
- Security: NATIONAL FITTINGS LIMITED (NATFIT), Scrip Code: 531289
- ISIN: INE643C01015, Face Value: Rs. 10.00
- Offer Size: Up to 23,61,628 equity shares
- Offer Price: Rs. 135.00 per share
- Market Lot: 1 share
- Offer Period: September 10-23, 2025
- Session Timings: 9:15 AM to 3:30 PM (4:00 PM on last day for take-up)
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 UCC registration with correct PAN and category
- Only investors with shares in demat form can participate
- Members must use designated platforms: iBBS, RTRMS, and Extranet
- Proper bid categorization required (FII, FI, MF, IC, OTH, NOH, CO, IND)
Important Dates
- Bid Offering Period: September 10-23, 2025 (9:15 AM - 3:30 PM)
- Give-up/Take-up Period: September 10-22, 2025 (9:15 AM - 3:30 PM)
- Last Day Give-up: September 23, 2025 (9:15 AM - 3:30 PM)
- Last Day Take-up: September 23, 2025 (9:15 AM - 4:00 PM)
Impact Assessment
Medium impact on NATIONAL FITTINGS LIMITED shareholders who may tender shares at the offer price. Trading members need to prepare systems and processes for OTB participation. Potential market activity concentration during the offer period for the specific scrip.
Impact Justification
Medium impact takeover offer for specific stock affecting shareholders and trading activities