Offer to Buy – Acquisition Window (Takeover) for CDG PETCHEM LIMITED - Live Activities Schedule

Description

BSE announces the schedule for offer to buy acquisition window (takeover) of CDG PETCHEM LIMITED shares from October 10-27, 2025 with offer price of Rs. 41.00 per share for up to 26,00,000 equity shares.

Summary

BSE has announced the detailed schedule for the Offer to Buy – Acquisition Window (Takeover) for CDG PETCHEM LIMITED (Symbol: CDG, Scrip Code: 534796, ISIN: INE198N01017). The offer will be conducted from Friday, October 10, 2025 to Monday, October 27, 2025. The acquirer is offering Rs. 41.00 per equity share (face value Rs. 10.00) for up to 26,00,000 equity shares. Trading members and custodian members are instructed to follow specific operational procedures for participation in the OTB module.

Key Points

• Offer Size: Up to 26,00,000 equity shares of CDG PETCHEM LIMITED
• Offer Price: Rs. 41.00 per share (Face Value: Rs. 10.00)
• Market Lot: 1 share
• Offer Period: October 10, 2025 (9:15 AM) to October 27, 2025 (3:30 PM)
• Bid Offering Period: October 10-27, 2025 from 9:15 AM to 3:30 PM
• Give-up/Take-up Period: October 10-24, 2025 from 9:15 AM to 3:30 PM
• Last Day Give-up: October 27, 2025 (9:15 AM to 3:30 PM)
• Last Day Take-up: October 27, 2025 (9:15 AM to 4:00 PM)
• Trading members can bid only for investors having shares in demat form
• UCC registration with correct PAN and category is mandatory

Regulatory Changes

No new regulatory changes introduced. This circular implements existing takeover regulations through BSE’s OTB (Offer to Buy) framework as per Exchange Notices no. 20150930-1 dated September 30, 2015 and 20170203-29 dated February 3, 2017.

Compliance Requirements

For Trading Members and Custodian Members:

1. UCC Registration: Ensure investor UCC is registered and updated with correct PAN number and category in the Exchange UCC database
2. Eligibility: Can only bid for investors having shares in demat form
3. Platform Access: Use designated URLs for accessing iBBS, RTRMS, and Extranet platforms (both internet and leased line options available)
4. Operational Procedures: Follow instructions provided in Exchange Notices no. 20150930-1 and 20170203-29
5. File Processing: Files on Extranet for acceptance of bids will be available only after confirmation is received from Merchant Banker/RTA post-issue closure
6. Note: If no securities are accepted, no End of Issue files will be generated in Extranet

Bidding Categories Available:

• Foreign Institutional Buyer (FII)
• Financial Institution (FI)
• Mutual Fund (MF)
• Insurance Companies (IC)
• Other QIBs (OTH)
• Other NIB (NOH)
• Company (CO)
• Individual (IND)

Important Dates

Impact Assessment

Market Impact: Low - This is a company-specific takeover offer affecting only CDG PETCHEM LIMITED shareholders. The offer involves up to 26,00,000 equity shares at Rs. 41.00 per share, representing a total transaction value of approximately Rs. 10.66 crores.

Operational Impact: Medium for participating members - Trading members and custodian members facilitating this OTB transaction will need to ensure proper UCC registration, platform access, and adherence to specific timelines. The 18-day offer window provides adequate time for processing.

Investor Impact: Relevant only to existing CDG PETCHEM LIMITED shareholders who hold shares in demat form and wish to participate in the takeover offer. The offer price of Rs. 41.00 per share should be evaluated against current market prices to assess attractiveness.

Technical Requirements: Members must have access to iBBS and RTRMS platforms through internet or leased line connections. Support contacts are provided for login credentials and technical assistance.

Impact Justification

Company-specific takeover offer with limited market-wide impact; relevant only to CDG PETCHEM LIMITED shareholders and trading members facilitating the acquisition process.