Description
BSE announces the schedule for the buyback offer of FILTRON ENGINEERS LTD through Acquisition Window from December 24, 2025 to January 7, 2026, with offer price of Rs. 10 per share for up to 1,65,14,290 equity shares.
Summary
BSE has announced the detailed schedule for the buyback of shares of FILTRON ENGINEERS LTD through the Offer to Buy - Acquisition Window mechanism. The buyback will be conducted from December 24, 2025 to January 7, 2026, offering to buy back up to 1,65,14,290 equity shares at Rs. 10 per share (face value Rs. 10). Trading members and custodian members can participate through the iBBS platform and RTRMS during specified session timings.
Key Points
- Security Details: FILTRON ENGINEERS LTD (Symbol: FILTRON, ISIN: INE589N01017, Scrip Code: 531191)
- Offer Size: Up to 1,65,14,290 equity shares
- Offer Price: Rs. 10.00 per share (equal to face value of Rs. 10.00)
- Market Lot: 1 share
- Offer Period: December 24, 2025 to January 7, 2026
- Session Timings: 9:15 AM to 3:30 PM (bid offering and give-up/take-up)
- Last Day Timings: Take-up extended till 4:00 PM on January 6, 2026
- Eligible Categories: FII, FI, MF, IC, Other QIBs, NIB, Company, and Individual investors
- Platform Access: iBBS (Internet and Leased Line), RTRMS, and Extranet for files
Regulatory Changes
No regulatory changes introduced. This circular provides operational guidelines for the buyback process following existing BSE notices 20150930-1 (September 30, 2015) and 20170203-29 (February 3, 2017) on OTB participation.
Compliance Requirements
- Trading members must ensure investor UCC is registered/updated with correct PAN number and category in BSE UCC database
- Trading members can only bid for investors holding shares in demat form
- Members and custodians must use specified login credentials for iBBS, RTRMS, and Extranet access
- If no securities are accepted, no End of Issue files will be generated in Extranet
- Confirmation of acceptance must be received from Merchant Banker/RTA after issue closure for bid acceptance files to be available
Important Dates
- Opening Date: Wednesday, December 24, 2025
- Closing Date: Wednesday, January 7, 2026
- Bid Offering Period: December 24, 2025 to January 7, 2026 (9:15 AM - 3:30 PM)
- Give-up/Take-up Period: December 24, 2025 to January 7, 2026 (9:15 AM - 3:30 PM)
- Last Day Give-up: January 6, 2026 (9:15 AM - 3:30 PM)
- Last Day Take-up: January 6, 2026 (9:15 AM - 4:00 PM extended)
Impact Assessment
Market Impact: Low - This is a company-specific buyback offer affecting only FILTRON ENGINEERS LTD shareholders. The offer price of Rs. 10 per share equals the face value, suggesting a nominal buyback.
Operational Impact: Medium for participating members - Trading members and custodians need to ensure proper UCC registration, platform access, and adherence to specified timings. Contact details provided for technical support (Trading Operations: 022-22728005, user.trdops@bseindia.com).
Investor Impact: Medium for FILTRON shareholders - Eligible shareholders can tender their shares during the 15-day offer period. Only demat shares are eligible for participation through trading members.
Impact Justification
Company-specific buyback announcement affecting FILTRON ENGINEERS shareholders. Medium importance for those holding the stock, low market-wide impact.