Description

Schedule of activities for the offer to buy up to 3,85,43,837 equity shares of Shree Digvijay Cement Company Ltd at Rs. 92.20 per share through acquisition window from January 5-16, 2026.

Summary

BSE announces the schedule for an Offer to Buy – Acquisition Window (Takeover) for SHREE DIGVIJAY CEMENT COMPANY LTD (Scrip Code: 502180). The offer is for up to 3,85,43,837 equity shares at Rs. 92.20 per share, running from Monday, January 5, 2026 to Friday, January 16, 2026. Trading members and custodian members must follow specified operational procedures and timings for bid offering, give-up, and take-up activities.

Key Points

  • Security Details: SHREE DIGVIJAY CEMENT COMPANY LTD (Symbol: SHREDIGCEM, ISIN: INE232A01011, Scrip Code: 502180)
  • 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 share
  • Bid Offering Period: January 5-16, 2026 (9:15 AM to 3:30 PM)
  • Give-up/Take-up Period: January 5-15, 2026 (9:15 AM to 3:30 PM)
  • Last Day Give-up: January 16, 2026 (9:15 AM to 3:30 PM)
  • Last Day Take-up: January 16, 2026 (9:15 AM to 4:00 PM)
  • Eligible Categories: FII, FI, MF, IC, Other QIBs, Other NIB, Company, Individual

Regulatory Changes

No new regulatory changes introduced. This circular provides operational guidelines for an acquisition window takeover process as per existing SEBI takeover regulations.

Compliance Requirements

  • Trading Members: Must ensure investor UCC is registered/updated with correct PAN Number and Category in Exchange UCC database
  • Bidding Eligibility: Members can only bid for investors having shares in demat form
  • Platform Access: Members must use designated iBBS platform (https://ibbs.bseindia.com/ or https://ibbsll.bseindia.com/) and RTRMS (https://rtrms.bseindia.com/ or https://rtrmsll.bseindia.com/)
  • File Access: Extranet files for bid acceptance available post-confirmation from Merchant Banker/RTA after issue closure
  • Operational Instructions: Refer to Exchange Notices 20150930-1 (September 30, 2015) and 20170203-29 (February 3, 2017)
  • Leased Line Setup: Refer to Exchange Circular 20170503-12 for leased line URL access settings

Important Dates

  • Opening Date: Monday, January 5, 2026
  • Closing Date: Friday, January 16, 2026
  • Bid Offering Period: January 5-16, 2026 (9:15 AM - 3:30 PM)
  • Give-up/Take-up Period: January 5-15, 2026 (9:15 AM - 3:30 PM)
  • Last Day Give-up: January 16, 2026 (9:15 AM - 3:30 PM)
  • Last Day Take-up: January 16, 2026 (9:15 AM - 4:00 PM)

Impact Assessment

Market Impact: Medium - The takeover offer involves a significant number of shares (3.85 crore shares) of Shree Digvijay Cement Company at a specified price of Rs. 92.20 per share. This corporate action will impact shareholders during the 10-day trading window.

Operational Impact: Trading members and custodians need to ensure proper UCC registration, platform access credentials, and adherence to specified timings for bid processing. Members must coordinate with designated BSE contacts for technical support and platform access issues.

Investor Impact: Shareholders holding shares in demat form can participate through their trading members. The structured timeline provides clear windows for bid submission, give-up, and take-up activities across different investor categories (FII, FI, MF, IC, QIBs, Individuals, Companies).

Impact Justification

Corporate action affecting up to 3.85 crore shares with specific trading window and operational requirements for trading members and custodians