Description

Schedule of activities for the Offer to Buy (Acquisition Window/Takeover) of FILTRON ENGINEERS LTD shares, running from December 24, 2025 to January 7, 2026.

Summary

BSE has announced the detailed schedule for the Offer to Buy (Acquisition Window/Takeover) of shares of FILTRON ENGINEERS LTD. The offer window will be open from December 24, 2025 to January 7, 2026, with an offer size of up to 1,65,14,290 equity shares at Rs. 10.00 per share. Trading members and custodian members are requested to note the schedule and operational procedures for participation.

Key Points

  • Security Details: FILTRON ENGINEERS LTD (Symbol: FILTRON, Scrip Code: 531191, ISIN: INE589N01017)
  • Offer Size: Up to 1,65,14,290 equity shares
  • Offer Price: Rs. 10.00 per share (Face Value: Rs. 10.00)
  • Market Lot: 1 share
  • Opening Date: Wednesday, December 24, 2025
  • Closing Date: Wednesday, January 7, 2026
  • Bid Offering Period: 9:15 AM to 3:30 PM daily from December 24 to January 7, 2026
  • Give-up/Take-up Period: 9:15 AM to 3:30 PM daily from December 24 to January 7, 2026
  • Last Day Give-up: January 6, 2026 (9:15 AM to 3:30 PM)
  • Last Day Take-up: January 6, 2026 (9:15 AM to 4:00 PM)
  • Trading members can bid for investors having shares in demat form only

Regulatory Changes

No regulatory changes announced. This circular provides operational instructions for an existing OTB framework.

Compliance Requirements

  • Trading Members and Custodian Members must ensure investor UCC is registered and/or updated with correct PAN Number and Category in the Exchange UCC database
  • Bidding Categories: FII (Foreign Institutional Buyer), FI (Financial Institution), MF (Mutual Fund), IC (Insurance Companies), OTH (Other QIBs), NOH (Other NIB), CO (Company), IND (Individual)
  • Members must refer to Exchange Notices No. 20150930-1 (September 30, 2015) and 20170203-29 (February 3, 2017) for operational instructions
  • Access OTB Module via iBBS platform (Internet: https://ibbs.bseindia.com/ or Leased Line: https://ibbsll.bseindia.com/)
  • Access RTRMS (Internet: https://rtrms.bseindia.com/ or Leased Line: https://rtrmsll.bseindia.com/)
  • Access Extranet for Files at https://member.bseindia.com/ (Internet) or https://memberll.bseindia.com/ (Leased Line)
  • Files for acceptance of bids available on Extranet after confirmation from Merchant Banker/RTA post-issue closure
  • If no securities are accepted, no End of Issue files will be generated in Extranet

Important Dates

  • December 24, 2025: Opening date for Offer to Buy, bid offering period begins (9:15 AM)
  • December 24, 2025 to January 7, 2026: Active bidding and give-up/take-up period (9:15 AM to 3:30 PM daily)
  • January 6, 2026: Last day for give-up (9:15 AM to 3:30 PM) and take-up (9:15 AM to 4:00 PM)
  • January 7, 2026: Closing date for Offer to Buy (3:30 PM)

Impact Assessment

Market Impact: Limited to FILTRON ENGINEERS LTD shareholders and trading members facilitating the acquisition. The takeover offer provides an exit opportunity for existing shareholders at Rs. 10.00 per share, which equals the face value.

Operational Impact: Trading members and custodians need to ensure their systems and UCC databases are updated to facilitate smooth bidding. Members must have access credentials for iBBS and RTRMS platforms. The offer window spans 15 calendar days including year-end holidays, requiring operational readiness during the period.

Investor Impact: Shareholders of FILTRON ENGINEERS LTD holding shares in demat form can participate through their trading members. The offer price of Rs. 10.00 per share should be evaluated against current market price for investment decisions.

Contact Information

For Login IDs and Password Reset:

For OTB Module Support:

Circular Issued By: Mangesh Tayde (DVP - Listing Ops & Sales) and Sandeep Pujari (DVP - Trading Operations)

Impact Justification

Company-specific takeover activity with defined trading window. Medium impact limited to FILTRON shareholders and trading members handling the acquisition process.