Description
BSE announces the schedule for the Offer to Buy (Acquisition Window/Takeover) of up to 9,25,782 equity shares of RISHABH SPECIAL YARNS LIMITED at Rs. 13.00 per share, scheduled from November 14, 2025 to November 27, 2025.
Summary
BSE has announced the schedule for an Offer to Buy (Acquisition Window/Takeover) for RISHABH SPECIAL YARNS LIMITED. The offer will run from November 14, 2025 to November 27, 2025, seeking to acquire up to 9,25,782 equity shares at Rs. 13.00 per share. Trading Members and Custodian Members can participate through BSE’s iBBS and RTRMS platforms during specified session timings.
Key Points
- Security Name: RISHABH SPECIAL YARNS LIMITED
- Symbol: RISHYRN (Scrip Code: 514177)
- ISIN: INE351D01013
- Offer Size: Up to 9,25,782 Equity Shares
- Offer Price: Rs. 13.00 per share
- Face Value: Rs. 10.00
- Market Lot: 1
- Note: Scrip is only listed at the Metropolitan Stock Exchange of India
- Trading Members can bid for investors having shares in demat form
- UCC registration with correct PAN Number and Category is mandatory
Regulatory Changes
No regulatory changes introduced. This circular provides operational instructions for participation in the OTB process as per existing framework outlined in 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/or updated with correct PAN Number and Category in Exchange UCC database
- Access OTB module through designated platforms:
- iBBS platform: https://ibbs.bseindia.com/ (Internet) or https://ibbsll.bseindia.com/ (Leased Line)
- RTRMS: https://rtrms.bseindia.com/ (Internet) or https://rtrmsll.bseindia.com/ (Leased Line)
- Extranet: https://member.bseindia.com/ (Internet) or https://memberll.bseindia.com/ (Leased Line)
- Only bid for investors with shares in demat form
- Note that if no securities are accepted, no End of Issue files will be generated in Extranet
Bidding Categories: FII, FI, MF, IC, OTH (Other QIBs), NOH, CO, IND
Important Dates
| Activity | Period | Timing |
|---|---|---|
| Opening Date | November 14, 2025 | - |
| Closing Date | November 27, 2025 | - |
| 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 |
Impact Assessment
Market Impact: Low - This is a company-specific takeover offer with limited broader market implications. The scrip is only listed on Metropolitan Stock Exchange of India, indicating limited trading activity on BSE.
Operational Impact: Low to Medium for participating members - Trading Members and Custodians dealing with RISHABH SPECIAL YARNS LIMITED need to familiarize themselves with the OTB process and ensure proper UCC registration. The 14-day offer window provides adequate time for participation.
Stakeholder Impact: Direct impact on shareholders of RISHABH SPECIAL YARNS LIMITED who may wish to participate in the acquisition offer at Rs. 13.00 per share. The offer represents a 30% premium to face value of Rs. 10.00.
Contact Information
For Login IDs and Password Resets:
- Trading Operations: 022-22728005 | user.trdops@bseindia.com
For OTB Module Support:
- Sandeep Pujari: 022-22728376 | sandeep.pujari@bseindia.com
- Rushi Bhoir: 022-22728436 | rushi.bhoir@bseindia.com
- Hormazdiar Mobedji: 022-22725626 | hormazdiar.mobedji@bseindia.com
For Listing Queries:
- Mangesh Tayde: 022-22728846 | mangesh.tayde@bseindia.com
- Rinkesh Gaikwad: 022-22725046 | rinkesh.gaikwad@bseindia.com
Impact Justification
Company-specific takeover offer with limited market-wide impact. Only listed on Metropolitan Stock Exchange. Small offer size and lower trading activity expected.