Description

Schedule of activities for the Offer to Buy - Acquisition Window (Takeover) of shares of DEVINSU TRADING LTD, scheduled from October 27, 2025 to November 10, 2025.

Summary

BSE has announced the schedule of activities for the Offer to Buy – Acquisition Window (Takeover) of shares of DEVINSU TRADING LTD. The offer will run from October 27, 2025 to November 10, 2025, with a total offer size of up to 1,63,800 equity shares at Rs. 350.00 per share. Trading Members and Custodian Members can participate through the iBBS platform and RTRMS system during specified session timings.

Key Points

  • Security Name: DEVINSU TRADING LTD (Symbol: DEVITRD, Scrip Code: 512445)
  • ISIN: INE07LH01016
  • Offer Size: Up to 1,63,800 equity shares
  • Offer Price: Rs. 350.00 per share
  • Face Value: Rs. 10.00
  • Market Lot: 1
  • Opening Date: Monday, October 27, 2025
  • Closing Date: Monday, November 10, 2025
  • Bid Offering Period: October 27 to November 10, 2025 (9:15 AM to 3:30 PM)
  • Give-up/Take-up Period: October 27 to November 7, 2025 (9:15 AM to 3:30 PM)
  • Last Day Give-up: November 10, 2025 (9:15 AM to 3:30 PM)
  • Last Day Take-up: November 10, 2025 (9:15 AM to 4:00 PM)

Regulatory Changes

No regulatory changes introduced. This circular provides operational instructions for participation in the takeover offer.

Compliance Requirements

For Trading Members and Custodian Members:

  1. UCC Registration: Ensure UCC of the investor is registered and/or updated with correct PAN Number and Category in the Exchange UCC database
  2. Eligible Participants: Trading Members can bid only for investors having shares in demat form
  3. Platform Access: Access the OTB module through iBBS platform (Internet: https://ibbs.bseindia.com/ or Leased Line: https://ibbsll.bseindia.com/)
  4. RTRMS Access: Available at https://rtrms.bseindia.com/ (Internet) or https://rtrmsll.bseindia.com/ (Leased Line)
  5. Extranet Files: Files for acceptance of bids available at https://member.bseindia.com/ (Internet) or https://memberll.bseindia.com/ (Leased Line) after confirmation from Merchant Banker/RTA
  6. Reference Circulars: Review Exchange Notices 20150930-1 (September 30, 2015) and 20170203-29 (February 3, 2017) for operational instructions

Bidding Categories:

  • 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

DateEvent
October 24, 2025Notice Date
October 27, 2025Offer Opening Date / Bid Offering Period Begins
October 27 - November 7, 2025Give-up/Take-up Period
November 10, 2025Offer Closing Date / Last Day for Give-up (9:15 AM - 3:30 PM)
November 10, 2025Last Day for Take-up (9:15 AM - 4:00 PM)

Impact Assessment

Market Impact: Low

This is a company-specific takeover offer with limited market-wide implications. The offer affects only the shareholders of DEVINSU TRADING LTD who wish to tender their shares during the acquisition window.

Operational Impact: Medium

Trading Members and Custodian Members participating in the offer need to:

  • Ensure their systems and access to iBBS and RTRMS platforms are operational
  • Verify client UCC details are updated correctly
  • Monitor bid submission and give-up/take-up activities throughout the offer period
  • Contact designated BSE personnel for technical support or login issues

Contact Information Provided:

For iBBS/RTRMS/Extranet Support:

For OTB Module Support:

Note: If no securities are accepted, no End of Issue files will be generated in Extranet.

Impact Justification

Company-specific takeover offer with limited market-wide impact. Affects only shareholders of DEVINSU TRADING LTD and participating trading members during the specified offer period.