Description
BSE announces acquisition window schedule for Rishabh Special Yarns Limited from November 14-27, 2025, with offer size up to 9,25,782 equity shares at Rs. 13.00 per share.
Summary
BSE has announced the schedule for an Offer to Buy – Acquisition Window (Takeover) for RISHABH SPECIAL YARNS LIMITED (RISHYRN). The acquisition window will be live from Friday, November 14, 2025 to Thursday, November 27, 2025. The offer is for up to 9,25,782 equity shares at Rs. 13.00 per share. Trading Members and Custodian Members are requested to note the detailed schedule and operational procedures for participation.
Key Points
- Security Name: RISHABH SPECIAL YARNS LIMITED (Symbol: RISHYRN)
- ISIN: INE351D01013, Scrip Code: 514177
- Offer Size: Up to 9,25,782 equity shares
- Offer Price: Rs. 13.00 per share
- Face Value: Rs. 10.00
- Market Lot: 1
- Opening Date: Friday, November 14, 2025
- Closing Date: Thursday, November 27, 2025
- Note: Scrip is only listed at the Metropolitan Stock Exchange of India
Regulatory Changes
No regulatory changes. This is a standard acquisition window process following existing OTB (Offer to Buy) framework as per Exchange Notices 20150930-1 (September 30, 2015) and 20170203-29 (February 3, 2017).
Compliance Requirements
For Trading Members and Custodian Members:
- UCC Registration: Ensure UCC (Unique Client Code) of investors is registered and/or updated with correct PAN Number and Category in Exchange UCC database
- Demat Requirement: Members can only bid for investors having shares in demat form
- Platform Access: Access OTB module through iBBS (Internet-based Book Building System) or RTRMS (Real Time Risk Management System)
- File Processing: Access Extranet for acceptance files (available after confirmation from Merchant Banker/RTA post-issue closure)
- No Empty Files: If no securities are accepted, no End of Issue files will be generated in Extranet
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
Live OTB Session Schedule:
| Activity | Period | Timing |
|---|---|---|
| Bid Offering Period | November 14-27, 2025 | 9:15 AM - 3:30 PM |
| Give-up/Take-up | November 14-26, 2025 | 9:15 AM - 3:30 PM |
| Give-up (last day) | November 27, 2025 | 9:15 AM - 3:30 PM |
| Take-up (last day) | November 27, 2025 | 9:15 AM - 4:00 PM |
Opening Date: November 14, 2025
Closing Date: November 27, 2025
Impact Assessment
Market Impact: Low
The acquisition window is for a relatively small offer size (9.25 lakh shares) of a company that is only listed on Metropolitan Stock Exchange of India, not on BSE’s main trading platform. This limits the broader market impact.
Operational Impact: Medium
Trading Members and Custodian Members need to:
- Ensure operational readiness for OTB module participation
- Update investor UCC records with correct PAN and category details
- Coordinate with clients holding shares in demat form
- Access multiple platforms (iBBS, RTRMS, Extranet) during the 14-day window
Platform Access URLs:
iBBS Platform:
- Internet: https://ibbs.bseindia.com/
- Leased Line: https://ibbsll.bseindia.com/
RTRMS:
- Internet: https://rtrms.bseindia.com/
- Leased Line: https://rtrmsll.bseindia.com/
Extranet (Members & Custodians):
- Internet: https://member.bseindia.com/
- Leased Line: https://memberll.bseindia.com/
Support Contacts:
For technical support and login issues, members can contact Trading Operations at 022-22728005 (user.trdops@bseindia.com) or specific OTB module contacts: Sandeep Pujari (022-22728376), Rushi Bhoir (022-22728436), Hormazdiar Mobedji (022-22725626).
For listing-related queries: Mangesh Tayde (022-22728846) and Rinkesh Gaikwad (022-22725046).
Impact Justification
Standard acquisition window process for a small-cap stock with limited offer size (9.25 lakh shares). Only listed on Metropolitan Stock Exchange, indicating minimal broader market impact.