Description
BSE announces the schedule for Offer to Buy (Acquisition Window/Takeover) of up to 2,61,300 equity shares of EMA INDIA LTD at Rs. 124 per share, scheduled from November 14-27, 2025.
Summary
BSE has announced the schedule for an Offer to Buy (Acquisition Window/Takeover) for equity shares of EMA INDIA LTD. The offer will be conducted through BSE’s iBBS platform from November 14, 2025 to November 27, 2025. The acquirer is offering to purchase up to 2,61,300 equity shares at Rs. 124 per share. Trading members and custodian members can participate on behalf of investors holding shares in demat form.
Key Points
- Security: EMA INDIA LTD (Symbol: EMAINDIA, ISIN: INE279D01016, Scrip Code: 522027)
- Offer Size: Up to 2,61,300 equity shares
- Offer Price: Rs. 124 per share
- Face Value: Rs. 10 per share
- Market Lot: 1 share
- Offer Period: November 14-27, 2025
- Platform: BSE iBBS (Internet-Based Bidding System) and RTRMS
- Eligible Participants: Trading members can bid for investors having shares in demat form
- Bidding Categories: FII, FI, MF, IC, Other QIBs, NIB, Company, Individual
Regulatory Changes
No regulatory changes. This is a procedural notice for a specific takeover offer following existing OTB regulations as per Exchange Notices no. 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
- Trading Members & Custodians: Can only bid for investors having shares in demat form
- Platform Access: Members must use designated URLs for iBBS (https://ibbs.bseindia.com/ or https://ibbsll.bseindia.com/), RTRMS (https://rtrms.bseindia.com/ or https://rtrmsll.bseindia.com/), and Extranet (https://member.bseindia.com/ or https://memberll.bseindia.com/)
- File Availability: Acceptance files on Extranet available only after Exchange receives confirmation from Merchant Banker/RTA post-issue closure
Important Dates
- Opening Date: Friday, November 14, 2025
- Closing Date: Thursday, November 27, 2025
- Bid Offering Period: November 14-27, 2025 (9:15 AM to 3:30 PM)
- Give-up/Take-up Period: November 14-26, 2025 (9:15 AM to 3:30 PM)
- Give-up (Last Day): November 27, 2025 (9:15 AM to 3:30 PM)
- Take-up (Last Day): November 27, 2025 (9:15 AM to 4:00 PM)
Impact Assessment
Market Impact: Low - This is a company-specific takeover offer affecting only EMA INDIA LTD shareholders. The offer size of 2.61 lakh shares represents a relatively small acquisition.
Operational Impact: Medium for participating members - Trading members and custodians facilitating the offer need to ensure proper UCC registration, platform access, and bidding procedures. System preparedness required for iBBS and RTRMS platforms.
Investor Impact: Medium for EMA INDIA shareholders - Shareholders holding shares in demat form have an opportunity to tender shares at Rs. 124 per share during the 14-day offer period through their brokers.
Contact Support: BSE has provided dedicated contact details for Trading Operations (022-22728005, user.trdops@bseindia.com) and specific personnel for iBBS-OTB module support and listing operations queries.
Impact Justification
Company-specific takeover offer with limited scope (2.61 lakh shares). Important for EMA INDIA shareholders and acquirers but minimal broader market impact.