Description

BSE announces the schedule for the Offer to Buy (Takeover) of ANKA INDIA LTD equity shares, offering up to 69,24,902 shares at Rs. 17.00 per share from October 14-29, 2025.

Summary

BSE has announced the detailed schedule for the Offer to Buy (Acquisition Window - Takeover) for ANKA INDIA LTD shares. The offer will be conducted through BSE’s OTB platform from October 14, 2025 to October 29, 2025, with the acquirer offering to purchase up to 69,24,902 equity shares at Rs. 17.00 per share. Trading members and custodian members can participate using the iBBS and RTRMS platforms during specified session timings.

Key Points

  • Security Details: ANKA INDIA LTD (Symbol: ANKIN, Scrip Code: 531673, ISIN: INE067C01025)
  • Offer Size: Up to 69,24,902 equity shares
  • Offer Price: Rs. 17.00 per share (Face Value: Rs. 10.00)
  • Market Lot: 1 share
  • Bid Offering Period: October 14-29, 2025 (9:15 AM to 3:30 PM)
  • Give-up/Take-up Period: October 10-29, 2025 (9:15 AM to 3:30 PM)
  • Last Day Give-up: October 28, 2025 (9:15 AM to 3:30 PM)
  • Last Day Take-up: October 28, 2025 (9:15 AM to 4:00 PM)
  • Bidding available for multiple investor categories: FII, FI, MF, IC, Other QIBs, Companies, and Individuals

Regulatory Changes

No new regulatory changes. This circular follows existing OTB framework as per 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
  • Eligible Participants: Only investors holding shares in demat form can bid through trading members
  • Platform Access: Members must use iBBS platform (Internet: https://ibbs.bseindia.com/ or Leased Line: https://ibbsll.bseindia.com/) and RTRMS for participation
  • File Access: Post-closure bid acceptance files available via Extranet (https://member.bseindia.com/ or https://memberll.bseindia.com/)
  • Note: If no securities are accepted, no End of Issue files will be generated in Extranet
  • Leased Line URL settings: Refer to Exchange Circular No. 20170503-12

Important Dates

  • October 10, 2025: Give-up/Take-up period begins (9:15 AM)
  • October 14, 2025: Offer opening date and bid offering period begins (9:15 AM)
  • October 28, 2025: Last day for give-up (9:15 AM to 3:30 PM) and take-up (9:15 AM to 4:00 PM)
  • October 29, 2025: Offer closing date; bid offering and give-up/take-up periods end (3:30 PM)

Impact Assessment

Market Impact: Limited to ANKA INDIA LTD shareholders and does not affect broader market operations. The takeover offer provides an exit opportunity for existing shareholders at Rs. 17.00 per share.

Operational Impact: Trading members and custodians must ensure technical readiness for OTB module access, proper UCC registration, and familiarity with bid submission procedures. Contact support is available through Trading Operations (022-22728005, user.trdops@bseindia.com) and specific personnel for iBBS-OTB module queries (Sandeep Pujari, Rushi Bhoir, Hormazdiar Mobedji) and Listing Sales (Mangesh Tayde, Rinkesh Gaikwad).

Investor Impact: Shareholders of ANKA INDIA LTD holding shares in demat form can tender their shares during the offer period through registered trading members. The offer premium represents Rs. 7.00 over face value.

Impact Justification

Company-specific takeover offer with defined procedures for trading members and custodians; impacts shareholders of ANKA INDIA LTD but limited broader market significance