Description
BSE notice detailing the schedule and procedures for the offer to buy acquisition window (takeover) of up to 26,00,000 equity shares of Yash Trading Finance Ltd at Rs. 12.00 per share from October 7-20, 2025.
Summary
BSE has announced the live activities schedule for an Offer to Buy – Acquisition Window (Takeover) for YASH TRADING FINANCE LTD (YASTF). The acquisition window will be open from October 7, 2025 to October 20, 2025, offering to acquire up to 26,00,000 equity shares at Rs. 12.00 per share. Trading members and custodian members can facilitate bidding through the iBBS platform during specified session timings.
Key Points
- Security Details: YASH TRADING FINANCE LTD (Symbol: YASTF, ISIN: INE745A01012, Scrip Code: 512345)
- Offer Size: Up to 26,00,000 equity shares
- Offer Price: Rs. 12.00 per share (Face Value: Rs. 10.00, Market Lot: 1)
- Offer Period: October 7, 2025 (Tuesday) to October 20, 2025 (Monday)
- Bid Offering Period: 9:15 AM to 3:30 PM (Oct 7-20)
- Give-up/Take-up Period: 9:15 AM to 3:30 PM (Oct 7-17)
- Last Day Give-up: 9:15 AM to 3:30 PM (Oct 20)
- Last Day Take-up: 9:15 AM to 4:00 PM (Oct 20)
- Bidding Categories: FII, FI, MF, IC, OTH (Other QIBs), NOH, CO (Company), IND (Individual)
Regulatory Changes
No regulatory changes introduced. This notice provides operational guidelines for a specific takeover event following existing OTB framework established in Exchange Notices 20150930-1 (September 30, 2015) and 20170203-29 (February 3, 2017).
Compliance Requirements
- Trading Members: Must ensure investor UCC is registered/updated with correct PAN Number and Category in Exchange UCC database
- Eligibility: Trading members can only bid for investors having shares in demat form
- Platform Access: Members must use iBBS platform (Internet: https://ibbs.bseindia.com/ or Leased Line: https://ibbsll.bseindia.com/)
- RTRMS Access: Available at https://rtrms.bseindia.com/ (Internet) or https://rtrmsll.bseindia.com/ (Leased Line)
- File Access: Extranet files for bid acceptance available at https://member.bseindia.com/ (Internet) or https://memberll.bseindia.com/ (Leased Line) after issue closure confirmation from Merchant Banker/RTA
- Note: If no securities are accepted, no End of Issue files will be generated in Extranet
Important Dates
- Opening Date: Tuesday, October 7, 2025
- Give-up/Take-up Period Ends: Friday, October 17, 2025
- Closing Date: Monday, October 20, 2025
- Daily Session Timing: 9:15 AM to 3:30 PM (except last day take-up: 9:15 AM to 4:00 PM)
Impact Assessment
Market Impact: Low - This is a company-specific takeover event affecting only YASH TRADING FINANCE LTD shareholders. The offer size of 26,00,000 shares represents a targeted acquisition with no broader market implications.
Operational Impact: Medium for participating members - Trading members and custodians dealing with YASTF shareholders need to ensure proper UCC registration, platform access, and adherence to the specified timelines. The notice provides comprehensive operational guidelines, contact details for technical support (Trading Operations: 022-22728005, user.trdops@bseindia.com), and platform access URLs to facilitate smooth execution.
Stakeholder Impact: Relevant to YASTF shareholders who may participate in the takeover offer at Rs. 12.00 per share, representing a 20% premium over face value of Rs. 10.00.
Impact Justification
Company-specific takeover event with limited market-wide impact; relevant only to YASTF shareholders and participating trading members