Description

BSE announces schedule for buyback offer of up to 14,00,000 equity shares of Morganite Crucible India Ltd at Rs. 1557.15 per share from December 31, 2025 to January 13, 2026.

Summary

BSE has announced the schedule for the Offer to Buy (Acquisition Window/Buyback) for MORGANITE CRUCIBLE INDIA LTD. The buyback will be conducted through the exchange platform from December 31, 2025 to January 13, 2026. The company is offering to buy back up to 14,00,000 equity shares at Rs. 1557.15 per share.

Key Points

  • Security: MORGANITE CRUCIBLE INDIA LTD (Symbol: MORGANITE, Scrip Code: 523160)
  • ISIN: INE599F01020
  • Offer Size: Up to 14,00,000 equity shares
  • Offer Price: Rs. 1557.15 per share
  • Face Value: Rs. 5.00
  • Market Lot: 1
  • Opening Date: Wednesday, December 31, 2025
  • Closing Date: Tuesday, January 13, 2026
  • Session Timings: 9:15 AM to 3:30 PM (Last day take-up extended to 4:00 PM)

Regulatory Changes

No regulatory changes. This is a standard buyback offer conducted through BSE’s established Offer to Buy (OTB) mechanism.

Compliance Requirements

  • Trading Members and Custodian Members must ensure investor UCC is registered with correct PAN Number and Category in Exchange UCC database
  • Trading Members can only bid for investors having shares in demat form
  • Members must refer to Exchange Notices 20150930-1 and 20170203-29 for operational instructions
  • Bids must be placed through iBBS platform (https://ibbs.bseindia.com/) or RTRMS (https://rtrms.bseindia.com/)

Important Dates

  • Bid Offering Period: December 31, 2025 to January 13, 2026 (9:15 AM - 3:30 PM)
  • Give-up/Take-up Period: December 31, 2025 to January 12, 2026 (9:15 AM - 3:30 PM)
  • Give-up (Last Day): January 13, 2026 (9:15 AM - 3:30 PM)
  • Take-up (Last Day): January 13, 2026 (9:15 AM - 4:00 PM)

Impact Assessment

Market Impact: Medium - Limited to shareholders of Morganite Crucible India Ltd who wish to participate in the buyback offer.

Operational Impact: Trading members and custodians facilitating the buyback must ensure proper UCC registration and use designated platforms (iBBS/RTRMS) for bid submission. Eligible investor categories include FII, FI, Mutual Funds, Insurance Companies, Other QIBs, Companies, and Individuals.

Contact Points: BSE has provided comprehensive contact details for technical support including Trading Operations (022-22728005) and specific contacts for iBBS-OTB module assistance.

Impact Justification

Company-specific buyback offer with defined shareholder impact; relevant for shareholders of Morganite Crucible India Ltd and trading members facilitating the offer