Description

Schedule of activities for the Offer to Buy (Takeover) of shares of ANKA INDIA LTD through acquisition window from October 14-29, 2025 at Rs. 17.00 per share for up to 69,24,902 equity shares.

Summary

BSE has announced the schedule of activities for the Offer to Buy (Acquisition Window/Takeover) of shares of ANKA INDIA LTD. The offer is scheduled from Tuesday, October 14, 2025 to Wednesday, October 29, 2025. The acquirer is offering to purchase up to 69,24,902 equity shares at Rs. 17.00 per share. Trading Members and Custodian Members can facilitate bids for investors through the iBBS platform during the specified session timings.

Key Points

  • Security Details: ANKA INDIA LTD (Symbol: ANKIN, ISIN: INE067C01025, Scrip Code: 531673)
  • Offer Size: Up to 69,24,902 equity shares
  • Offer Price: Rs. 17.00 per share
  • Face Value: Rs. 10.00
  • Market Lot: 1
  • Offer Period: October 14, 2025 to October 29, 2025
  • Bid Offering Period: 9:15 AM to 3:30 PM daily
  • Give-up/Take-up Period: October 10, 2025 to October 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)
  • Trading Members can bid only for investors having shares in demat form
  • UCC of investors must be registered/updated with correct PAN and Category in Exchange database

Regulatory Changes

No regulatory changes introduced. This circular provides operational instructions for an existing takeover offer mechanism through the Offer to Buy (OTB) module.

Compliance Requirements

  • Trading Members and Custodians: Must ensure investor UCC is registered and/or updated with correct PAN Number and Category in Exchange UCC database
  • Bidding Eligibility: Trading Members can only bid for investors having shares in demat form
  • Platform Access: Members must use designated URLs for accessing iBBS platform, RTRMS, and Extranet
  • Reference Circulars: Members should refer to Exchange Notices 20150930-1 (September 30, 2015) and 20170203-29 (February 3, 2017) for operational instructions
  • Leased Line Configuration: Refer to Exchange Circular 20170503-12 for leased line URL access settings
  • File Availability: Files on Extranet for acceptance of bids will be available only after confirmation from Merchant Banker/RTA post-issue closure

Important Dates

  • Offer Opening Date: Tuesday, October 14, 2025
  • Offer Closing Date: Wednesday, October 29, 2025
  • Give-up/Take-up Period: October 10-29, 2025
  • Last Day for Give-up: October 28, 2025 (9:15 AM to 3:30 PM)
  • Last Day for Take-up: October 28, 2025 (9:15 AM to 4:00 PM)
  • Daily Session Timings: 9:15 AM to 3:30 PM (bid offering)

Impact Assessment

Market Impact: Low - This is a specific takeover offer limited to ANKA INDIA LTD shareholders. The offer targets up to 69,24,902 equity shares at Rs. 17.00 per share, affecting only those investors holding this particular security.

Operational Impact: Medium for participating members - Trading Members and Custodian Members facilitating the offer must ensure proper UCC registration, access to iBBS platform, and compliance with bidding procedures. The circular provides comprehensive contact details for technical support and operational assistance.

Investor Categories Eligible: Foreign Institutional Investors (FII), Financial Institutions (FI), Mutual Funds (MF), Insurance Companies (IC), Other QIBs, Non-Institutional Buyers, Companies, and Individuals.

Platform Access: Members can access the OTB module through iBBS platform (both internet and leased line), RTRMS, and Extranet with designated URLs provided for each system.

Impact Justification

Specific to single stock takeover offer with limited market-wide impact; relevant only to ANKA INDIA LTD shareholders and trading members facilitating the offer