Description
BSE announces the schedule for Offer to Buy – Acquisition Window (Takeover) of SHREE DIGVIJAY CEMENT COMPANY LTD shares from January 5-16, 2026, with offer price of Rs. 92.20 per share for up to 3.85 crore equity shares.
Summary
BSE has announced the schedule for an Offer to Buy – Acquisition Window (Takeover) for shares of SHREE DIGVIJAY CEMENT COMPANY LTD (SHREDIGCEM, Scrip Code: 502180, ISIN: INE232A01011). The offer will be live from Monday, January 5, 2026 to Friday, January 16, 2026. The offer size is up to 3,85,43,837 equity shares at an offer price of Rs. 92.20 per share with a face value of Rs. 10.00.
Key Points
- Security: SHREE DIGVIJAY CEMENT COMPANY LTD (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
- Bid Offering Period: January 5-16, 2026 from 9:15 AM to 3:30 PM
- Give-up/Take-up Period: January 5-15, 2026 from 9:15 AM to 3:30 PM
- Last Day Give-up: January 16, 2026 from 9:15 AM to 3:30 PM
- Last Day Take-up: January 16, 2026 from 9:15 AM to 4:00 PM
Regulatory Changes
No new regulatory changes introduced. This circular follows existing OTB framework as per Exchange Notices 20150930-1 (September 30, 2015) and 20170203-29 (February 3, 2017).
Compliance Requirements
Trading Members and Custodian Members must:
- Ensure investor UCC is registered and/or updated with correct PAN Number and Category in Exchange UCC database
- Only bid for investors having shares in demat form
- Use designated platforms for bidding:
- iBBS platform: https://ibbs.bseindia.com/ (Internet) or https://ibbsll.bseindia.com/ (Leased Line)
- RTRMS: https://rtrms.bseindia.com/ (Internet) or https://rtrmsll.bseindia.com/ (Leased Line)
- Extranet: https://member.bseindia.com/ (Internet) or https://memberll.bseindia.com/ (Leased Line)
- Note that Extranet files for bid acceptance will only be available after Exchange receives confirmation from Merchant Banker/RTA post-issue closure
- Note that no End of Issue files will be generated if no securities are accepted
Eligible Investor Categories:
- Foreign Institutional Buyer (FII)
- Financial Institution (FI)
- Mutual Fund (MF)
- Insurance Companies (IC)
- Other QIBs (OTH)
- Other NIB (NOH)
- Company (CO)
- Individual (IND)
Important Dates
| Event | Date | Time |
|---|---|---|
| Opening Date | Monday, January 5, 2026 | 9:15 AM |
| 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 |
| Give-up (Last Day) | Friday, January 16, 2026 | 9:15 AM - 3:30 PM |
| Take-up (Last Day) | Friday, January 16, 2026 | 9:15 AM - 4:00 PM |
| Closing Date | Friday, January 16, 2026 | 3:30 PM (bidding) / 4:00 PM (take-up) |
Impact Assessment
Market Impact: Medium - This takeover offer for SHREE DIGVIJAY CEMENT involves acquisition of up to 3.85 crore equity shares, representing a significant corporate action in the cement sector.
Operational Impact: Trading members and custodians need to facilitate client participation during the 12-day offer window. The offer price of Rs. 92.20 per share provides an exit opportunity for existing shareholders.
Investor Impact: Shareholders holding shares in demat form can participate through their trading members across multiple investor categories (institutional and retail). The structured give-up/take-up mechanism allows flexibility in order management.
Contact Information:
- Trading Operations: 022-22728005 (user.trdops@bseindia.com)
- Sandeep Pujari: 022-22728376 (sandeep.pujari@bseindia.com)
- Rushi Bhoir: 022-22728226 (rushi.bhoir@bseindia.com)
- Hormazdiar Mobedji: 022-22725626 (hormazdiar.mobedji@bseindia.com)
- Mangesh Tayde: 022-22728846 (mangesh.tayde@bseindia.com)
- Rinkesh Gaikwad: 022-22725046 (rinkesh.gaikwad@bseindia.com)
Impact Justification
Corporate action affecting SHREE DIGVIJAY CEMENT with specific trading window and procedures for institutional and retail investors to participate in the takeover offer