Description
BSE announces the schedule for acquisition window (takeover offer) 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 operational schedule for an Offer to Buy through Acquisition Window (Takeover) for RISHABH SPECIAL YARNS LIMITED (RISHYRN). The offer will run from November 14, 2025 to November 27, 2025, allowing shareholders to tender up to 9,25,782 equity shares at an offer price of Rs. 13.00 per share. Trading Members and Custodian Members can participate through iBBS and RTRMS platforms during specified session timings.
Key Points
- Security: RISHABH SPECIAL YARNS LIMITED (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)
- Bid Period: November 14-27, 2025 (9:15 AM to 3:30 PM)
- Market Lot: 1 share
- Listing Status: Only listed at Metropolitan Stock Exchange of India
- Bidding Categories: FII, FI, MF, IC, Other QIBs, NOH, Company, Individual
- Give-up/Take-up Period: November 14-26, 2025 (9:15 AM to 3:30 PM)
- Last Day Give-up: November 27, 2025 (9:15 AM to 3:30 PM)
- Last Day Take-up: November 27, 2025 (9:15 AM to 4:00 PM)
Regulatory Changes
No regulatory changes introduced. This circular follows existing OTB framework as per Exchange Notices 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
- Bidding Eligibility: Trading Members can only bid for investors holding shares in demat form
- Platform Access: Members must use iBBS (https://ibbs.bseindia.com/) or RTRMS (https://rtrms.bseindia.com/) for bid submission
- File Access: End of Issue files will be available on Extranet (https://member.bseindia.com/) after Exchange receives acceptance confirmation from Merchant Banker/RTA
- Note: No End of Issue files will be generated if no securities are accepted
Important Dates
| Event | Date | Time |
|---|---|---|
| Offer Opening Date | November 14, 2025 | 9:15 AM |
| Bid Offering Period | November 14-27, 2025 | 9:15 AM - 3:30 PM |
| Give-up/Take-up Period | 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 |
| Offer Closing Date | November 27, 2025 | 3:30 PM |
Impact Assessment
Market Impact: Low - This is a small-cap, company-specific takeover offer affecting only Rishabh Special Yarns Limited, which is listed solely on Metropolitan Stock Exchange. The offer size of approximately 9.26 lakh shares represents a limited transaction volume.
Operational Impact: Medium for participating members - Trading Members and Custodians need to ensure proper UCC registration, platform access credentials, and familiarity with OTB operational procedures. Support contacts provided for iBBS, RTRMS, and Extranet systems.
Investor Impact: Limited to existing shareholders of RISHYRN who hold shares in demat form and wish to participate in the takeover offer at the offered price of Rs. 13.00 per share.
Impact Justification
Company-specific takeover offer with limited size (9.25 lakh shares) and only listed on Metropolitan Stock Exchange, minimal broader market impact