Description
BSE announces the schedule of activities for the Offer to Buy (Acquisition Window/Takeover) of SHREE DIGVIJAY CEMENT COMPANY LTD shares, scheduled from January 5-16, 2026.
Summary
BSE has notified trading members and custodian members about the Offer to Buy (Acquisition Window/Takeover) for shares of SHREE DIGVIJAY CEMENT COMPANY LTD (SHREDIGCEM). The offer will be live from Monday, January 5, 2026 to Friday, January 16, 2026 through the iBBS platform. The offer is for up to 3,85,43,837 equity shares at Rs. 92.20 per share.
Key Points
- Security: SHREE DIGVIJAY CEMENT COMPANY LTD (Symbol: SHREDIGCEM, Scrip Code: 502180)
- ISIN: INE232A01011
- Offer Size: Up to 3,85,43,837 equity shares
- Offer Price: Rs. 92.20 per share
- Face Value: Rs. 10.00
- Market Lot: 1
- Opening Date: Monday, January 5, 2026
- Closing Date: Friday, January 16, 2026
- Bid Offering Period: 9:15 AM to 3:30 PM (January 5-16, 2026)
- Trading members can only bid for investors having shares in demat form
- UCC registration with correct PAN and category is mandatory
Regulatory Changes
No regulatory changes. This is a procedural notice for a takeover offer following 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 and updated with correct PAN Number and Category in the Exchange UCC database
- Only investors with shares in demat form can participate through trading members
- Members must access iBBS platform via Internet (https://ibbs.bseindia.com/) or Leased Line (https://ibbsll.bseindia.com/)
- RTRMS access required via Internet (https://rtrms.bseindia.com/) or Leased Line (https://rtrmsll.bseindia.com/)
- Files on Extranet for bid acceptance available after issue closure upon confirmation from Merchant Banker/RTA
Important Dates
- January 5, 2026: Offer opening date, bid offering period begins (9:15 AM - 3:30 PM)
- January 5-15, 2026: Give-up/Take-up period (9:15 AM - 3:30 PM)
- January 16, 2026: Offer closing date
- Give-up (last day): 9:15 AM - 3:30 PM
- Take-up (last day): 9:15 AM - 4:00 PM
- January 16, 2026: Bid offering period ends (3:30 PM)
Impact Assessment
Market Impact: Limited to holders of SHREDIGCEM shares. The takeover offer provides an exit opportunity for existing shareholders at Rs. 92.20 per share.
Operational Impact: Trading members and custodians must ensure systems are configured for OTB module access and investor UCC records are updated. Contact details provided for technical support regarding iBBS, RTRMS, and Extranet access.
Investor Categories: Offer open to multiple investor categories including FII, Financial Institutions, Mutual Funds, Insurance Companies, Other QIBs, Companies, and Individuals.
Technical Requirements: Members need access to iBBS and RTRMS platforms via internet or leased line connections. Support contacts provided for login ID creation and password resets.
Impact Justification
Company-specific takeover offer affecting trading members and investors holding SHREDIGCEM shares. Limited broader market impact but significant for specific security holders.