Description
BSE announces the schedule for Offer to Buy (Acquisition Window/Takeover) of up to 7,93,000 equity shares of Indian Link Chain Manufacturers Ltd at Rs. 71.00 per share, scheduled from October 23 to November 6, 2025.
Summary
BSE has announced the complete schedule for the Offer to Buy – Acquisition Window (Takeover) for Indian Link Chain Manufacturers Ltd (INLCM). The offer will be open from Thursday, October 23, 2025 to Thursday, November 6, 2025. Trading and Custodian members can facilitate bids for up to 7,93,000 equity shares at an offer price of Rs. 71.00 per share through the iBBS platform.
Key Points
- Security Name: Indian Link Chain Manufacturers Ltd
- Symbol: INLCM
- ISIN: INE359D01024
- Scrip Code: 504746
- Offer Size: Up to 7,93,000 equity shares
- Offer Price: Rs. 71.00 per share
- Face Value: Rs. 10.00
- Market Lot: 1
- Offer Period: October 23, 2025 to November 6, 2025
- Trading members can bid for investors having shares in demat form only
- UCC of investors must be registered with correct PAN number and category
Regulatory Changes
No regulatory changes. This is a standard offer to buy (takeover) process following existing OTB framework as per Exchange Notices 20150930-1 (September 30, 2015) and 20170203-29 (February 3, 2017).
Compliance Requirements
For Trading Members and Custodian Members:
- Ensure investor UCC is registered and updated with correct PAN number and category in Exchange UCC database
- Can only bid for investors having shares in demat form
- Access OTB module through specified URLs (iBBS, RTRMS, or Extranet)
- Follow operational instructions per Exchange Notices 20150930-1 and 20170203-29
- Note that if no securities are accepted, no End of Issue files will be generated in Extranet
- Acceptance of bids files on Extranet available only after confirmation from Merchant Banker/RTA post-issue closure
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
| Activity | Start Date | End Date | Timings |
|---|---|---|---|
| Bid Offering Period | October 23, 2025 | November 6, 2025 | 9:15 AM - 3:30 PM |
| Give-up / Take-up | October 23, 2025 | November 4, 2025 | 9:15 AM - 3:30 PM |
| Give-up (Last Day) | November 6, 2025 | November 6, 2025 | 9:15 AM - 3:30 PM |
| Take-up (Last Day) | November 6, 2025 | November 6, 2025 | 9:15 AM - 4:00 PM |
Impact Assessment
Market Impact: Low - This is a company-specific takeover offer affecting only shareholders of Indian Link Chain Manufacturers Ltd. The offer size of 7,93,000 shares represents a specific acquisition target.
Operational Impact: Medium for trading members handling INLCM shareholders - Members need to ensure proper UCC registration, access to iBBS/RTRMS platforms, and facilitate bidding during the 15-day offer period.
Investor Impact: High for INLCM shareholders - Shareholders have the opportunity to tender their shares at Rs. 71.00 per share during the specified window.
Contact Information Provided: Detailed contact points provided for Trading Operations, Listing Sales, and technical support for iBBS, RTRMS, and Extranet access.
Access URLs:
- iBBS Internet: https://ibbs.bseindia.com/
- RTRMS Internet: https://rtrms.bseindia.com/
- Extranet Internet: https://member.bseindia.com/
- Leased line alternatives available (refer circular 20170503-12)
Impact Justification
Standard offer to buy notification with specific timeline and operational details for a single company. Limited market-wide impact but important for shareholders and trading members of INLCM.