Description

Live activities schedule for the acquisition window (takeover) of Shree Digvijay Cement Company Ltd shares, running 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 the Offer to Buy – Acquisition Window (Takeover) for Shree Digvijay Cement Company Ltd (SHREDIGCEM). The offer will run from Monday, January 5, 2026 to Friday, January 16, 2026. The acquirer is offering to purchase up to 3,85,43,837 equity shares at Rs. 92.20 per share. Trading members and custodian members can participate through the iBBS platform and RTRMS systems during specified session timings.

Key Points

  • Security Details: 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 per share
  • 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)
  • Bidding Categories: FII, Financial Institutions, Mutual Funds, Insurance Companies, Other QIBs, Other NIB, Company, Individual

Regulatory Changes

No regulatory changes. This is an operational notice for a specific takeover offer following established OTB procedures as per Exchange Notices 20150930-1 (September 30, 2015) and 20170203-29 (February 3, 2017).

Compliance Requirements

  • Trading Members: Must ensure UCC of investors is registered/updated with correct PAN Number and Category in Exchange UCC database
  • Eligibility: Trading members can only bid for investors having shares in demat form
  • Platform Access: Members must use iBBS platform (https://ibbs.bseindia.com/ or https://ibbsll.bseindia.com/) or RTRMS (https://rtrms.bseindia.com/ or https://rtrmsll.bseindia.com/)
  • File Access: Extranet files for acceptance of bids available after issue closure upon confirmation from Merchant Banker/RTA
  • Contact Points: Trading Operations and Listing Sales teams available for support (contact details provided in circular)

Important Dates

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

Impact Assessment

Market Impact: Medium - affects only SHREDIGCEM shareholders and potential acquirers. The offer size of approximately 3.85 crore shares represents a substantial acquisition attempt.

Operational Impact: Trading members and custodians handling SHREDIGCEM shares must ensure systems are configured for OTB module access and client UCCs are properly registered. The 10-day offer window provides adequate time for participation.

Investor Impact: SHREDIGCEM shareholders have the opportunity to tender shares at Rs. 92.20 per share through their brokers during the specified period. Only demat shares are eligible for participation.

Impact Justification

Takeover offer for specific company affects only SHREDIGCEM shareholders and traders. Medium importance due to substantial offer size of 3.85 crore shares but limited to single company.