Description
Live activities schedule for acquisition window takeover of National Fittings Limited shares from September 10-23, 2025.
Summary
BSE has announced the live activities schedule for the Offer to Buy (Acquisition Window/Takeover) of National Fittings Limited shares. The offer will run from September 10-23, 2025, targeting up to 23,61,628 equity shares at Rs. 135.00 per share.
Key Points
- Security: National Fittings Limited (NATFIT, Scrip Code: 531289)
- Offer size: Up to 23,61,628 equity shares
- Offer price: Rs. 135.00 per share
- Face value: Rs. 10.00
- Market lot: 1 share
- Offer period: September 10-23, 2025
- Trading session timings: 9:15 AM to 3:30 PM (4:00 PM on last day for take-up)
Regulatory Changes
No regulatory changes introduced. This 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 BSE platforms (iBBS, RTRMS, 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
Limited market impact as this is a specific takeover activity for a single company. Provides structured exit opportunity for National Fittings Limited shareholders. Standard OTB procedures ensure orderly market conduct during the acquisition window.
Impact Justification
Specific takeover activity for single company with defined procedures and timelines