Description

BSE announces the schedule for acquisition window (takeover) of Lake Shore Realty Limited shares from October 13-28, 2025, with offer price of Rs. 57.51 per share for up to 9,10,182 equity shares.

Summary

BSE has announced the schedule for the Offer to Buy – Acquisition Window (Takeover) for Lake Shore Realty Limited. The offer will be open from Monday, October 13, 2025 to Tuesday, October 28, 2025. The acquirer is offering Rs. 57.51 per share for up to 9,10,182 equity shares. Trading members and custodian members can participate through the OTB module on iBBS and RTRMS platforms.

Key Points

  • Security Name: Lake Shore Realty Limited (Symbol: LAKESHORE)
  • ISIN: INE734D01010, Scrip Code: 519612
  • Offer Size: Up to 9,10,182 equity shares
  • Offer Price: Rs. 57.51 per share
  • Face Value: Rs. 10.00
  • Market Lot: 1
  • Offer Period: October 13-28, 2025
  • Trading members can bid for investors having shares in demat form only
  • Multiple investor categories eligible: FII, FI, MF, IC, Other QIBs, Other NIB, Company, and Individual

Regulatory Changes

No regulatory changes introduced. This circular provides operational guidelines for an existing takeover framework under BSE’s Offer to Buy – Acquisition Window mechanism.

Compliance Requirements

  • Trading Members and Custodians must ensure investor UCC is registered and updated with correct PAN number and category in the Exchange UCC database
  • Trading members can only bid for investors holding shares in demat form
  • Members must refer to Exchange Notices 20150930-1 (September 30, 2015) and 20170203-29 (February 3, 2017) for operational instructions
  • Access to trading systems via Internet or Leased Line URLs as specified
  • If no securities are accepted, no End of Issue files will be generated in Extranet

Important Dates

  • Offer Opening Date: Monday, October 13, 2025
  • Offer Closing Date: Tuesday, October 28, 2025
  • Bid Offering Period: October 13-28, 2025 (9:15 AM to 3:30 PM)
  • Give-up/Take-up Period: October 13-27, 2025 (9:15 AM to 3:30 PM)
  • Give-up (Last Day): October 28, 2025 (9:15 AM to 3:30 PM)
  • Take-up (Last Day): October 28, 2025 (9:15 AM to 4:00 PM)

Impact Assessment

Market Impact: Low - This is a company-specific takeover offer affecting only Lake Shore Realty Limited shareholders. The offer size of 9,10,182 shares represents a targeted acquisition and will not impact broader market operations.

Operational Impact: Low to Medium for participating members - Trading members and custodians handling Lake Shore Realty Limited shareholders will need to facilitate the offer process through BSE’s OTB module. The 16-day offer window provides adequate time for processing.

Shareholder Impact: Medium - Shareholders of Lake Shore Realty Limited have an opportunity to tender their shares at Rs. 57.51 per share during the offer period, which may represent a premium or discount depending on current market price.

Platform Access Details

iBBS Platform:

RTRMS Platform:

Extranet for Files:

Contact Information

Trading Operations: 022-22728005, user.trdops@bseindia.com

OTB Module Specific Contacts:

Listing Sales:

Impact Justification

Company-specific takeover offer with limited market-wide impact, relevant only to shareholders of Lake Shore Realty Limited and participating trading members