Description
BSE announces the schedule for National Fittings Limited takeover offer from September 10-23, 2025, with offer price of Rs. 135 per share for up to 23,61,628 equity shares.
Summary
BSE has announced the live activities schedule for the Offer to Buy – Acquisition Window (Takeover) for National Fittings Limited. The offer will run from September 10, 2025 to September 23, 2025, targeting up to 23,61,628 equity shares at Rs. 135 per share.
Key Points
- Security: National Fittings Limited (NATFIT, Scrip Code: 531289)
- ISIN: INE643C01015
- 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
Regulatory Changes
No new regulatory changes introduced. This follows existing OTB framework as per Exchange Notices 20150930-1 and 20170203-29.
Compliance Requirements
- Trading Members must ensure UCC of investors is registered with correct PAN and category
- Members can only bid for investors with shares in demat form
- Access through designated BSE platforms (iBBS, RTRMS, Extranet)
- Proper bid categorization required (FII, FI, MF, IC, OTH, NOH, CO, IND)
Important Dates
- Offer Period: September 10-23, 2025
- Bid Offering: 9:15 AM to 3:30 PM (daily)
- Give-up/Take-up: September 10-22, 2025 (9:15 AM to 3:30 PM)
- Last Day Give-up: September 23, 2025 (9:15 AM to 3:30 PM)
- Last Day Take-up: September 23, 2025 (9:15 AM to 4:00 PM)
Impact Assessment
Medium impact on National Fittings Limited shareholders who may participate in the takeover offer. The structured timeline and clear procedures provide transparency for market participants. Trading members need to ensure compliance with UCC requirements and proper platform access for smooth execution.
Impact Justification
Specific takeover offer with defined schedule and procedures affecting National Fittings Limited shareholders