Description
BSE announces the schedule for 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, from November 14-27, 2025.
Summary
BSE has announced the operational schedule for an Offer to Buy (Acquisition Window/Takeover) for RISHABH SPECIAL YARNS LIMITED (RISHYRN). The offer is for up to 9,25,782 equity shares at Rs. 13.00 per share, scheduled from Friday, November 14, 2025 to Thursday, November 27, 2025. Trading Members and Custodian Members can facilitate bidding through the iBBS platform and RTRMS system during specified session timings.
Key Points
- Security Details: 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
- Important Note: Scrip is only listed at the Metropolitan Stock Exchange of India
- Bidding Categories: FII, FI, MF, IC, OTH (Other QIBs), NOH (Other NIB), CO (Company), IND (Individual)
- Trading Members can only bid for investors having shares in demat form
- UCC of investors must be registered with correct PAN Number and Category
Regulatory Changes
No new regulatory changes. This circular provides operational instructions for participation in the OTB module as per existing Exchange Notices No. 20150930-1 (September 30, 2015) and No. 20170203-29 (February 3, 2017).
Compliance Requirements
- Trading Members and Custodian Members must ensure investor UCC is registered/updated with correct PAN Number and Category in Exchange UCC database
- Members must use iBBS platform (Internet: https://ibbs.bseindia.com/ or Leased Line: https://ibbsll.bseindia.com/) for bidding
- Access RTRMS (Internet: https://rtrms.bseindia.com/ or Leased Line: https://rtrmsll.bseindia.com/) as required
- Extranet files for bid acceptance available at https://member.bseindia.com/ (Internet) or https://memberll.bseindia.com/ (Leased Line) after issue closure upon confirmation from Merchant Banker/RTA
- Note: If no securities are accepted, no End of Issue files will be generated in Extranet
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 shareholders of RISHABH SPECIAL YARNS LIMITED, which is only listed on Metropolitan Stock Exchange of India (not on BSE main board).
Operational Impact: Medium for participating members - Trading Members and Custodians need to ensure their systems are configured for iBBS and RTRMS access, investor UCC records are updated, and they are familiar with OTB module procedures.
Contact Information for Support:
- iBBS/RTRMS/Extranet: Trading Operations 022-22728005, user.trdops@bseindia.com
- OTB Module: Sandeep Pujari (022-22728376), Rushi Bhoir (022-22728436), Hormazdiar Mobedji (022-22725626)
- Listing: Mangesh Tayde (022-22728846), Rinkesh Gaikwad (022-22725046)
Impact Justification
Company-specific takeover offer for a scrip only listed on Metropolitan Stock Exchange, affecting limited shareholders of RISHABH SPECIAL YARNS LIMITED with minimal broader market impact