Description

BSE announces the schedule for an Offer to Buy acquisition window (takeover) for Sanmitra Commercial Limited equity shares, running from January 6 to January 19, 2026, with offer price of Rs. 15.00 per share for up to 1,49,76,000 shares.

Summary

BSE has announced the schedule for an Offer to Buy – Acquisition Window (Takeover) for equity shares of SANMITRA COMMERCIAL LIMITED (Symbol: ZSANMCOM, ISIN: INE896J01014, Scrip Code: 512062). The offer is for up to 1,49,76,000 equity shares at an offer price of Rs. 15.00 per share with a face value of Rs. 10.00. The acquisition window will run from Tuesday, January 6, 2026 to Monday, January 19, 2026.

Key Points

  • Offer Size: Up to 1,49,76,000 equity shares
  • Offer Price: Rs. 15.00 per share
  • Face Value: Rs. 10.00
  • Market Lot: 1
  • Opening Date: Tuesday, January 6, 2026
  • Closing Date: Monday, January 19, 2026
  • Session Timings: 9:15 AM to 3:30 PM (standard), Take-up on last day extends to 4:00 PM
  • Trading Members can bid for investors having shares in demat form only
  • UCC of investors must be registered with correct PAN Number and Category

Regulatory Changes

No regulatory changes. This is an operational notice for a company-specific takeover offer.

Compliance Requirements

  • Trading Members and Custodian Members must note the schedule of activities
  • UCC Registration: Trading Members must ensure investor UCC is registered/updated with correct PAN Number and Category in Exchange UCC database
  • Demat Requirement: Trading Members can only bid for investors having shares in demat form
  • Platform Access: Members must use designated iBBS and RTRMS platforms (Internet or Leased Line URLs provided)
  • Bidding Categories: Must categorize investors correctly (FII, FI, MF, IC, OTH, NOH, CO, IND)
  • Members should refer to Exchange Notices 20150930-1 (September 30, 2015) and 20170203-29 (February 3, 2017) for operational instructions

Important Dates

  • Bid Offering Period: January 6, 2026 to January 19, 2026 (9:15 AM - 3:30 PM)
  • Give-up/Take-up Period: January 6, 2026 to January 16, 2026 (9:15 AM - 3:30 PM)
  • Give-up (Last Day): January 19, 2026 (9:15 AM - 3:30 PM)
  • Take-up (Last Day): January 19, 2026 (9:15 AM - 4:00 PM)

Impact Assessment

Market Impact: Low - This is a company-specific takeover offer affecting only shareholders of Sanmitra Commercial Limited.

Operational Impact: Medium for Trading Members and Custodians handling bids for this specific security. They must ensure proper access to iBBS and RTRMS platforms and comply with UCC registration requirements.

Investor Category Impact: The offer is open to multiple investor categories including FII, Financial Institutions, Mutual Funds, Insurance Companies, Other QIBs, Companies, and Individual investors.

Platform Requirements:

Contact Support: Multiple contact points provided for iBBS login issues, password resets, and OTB module queries through Trading Operations and Listing Sales teams.

Impact Justification

Company-specific takeover offer with limited market-wide impact. Affects only shareholders of Sanmitra Commercial Limited, a specific stock with scrip code 512062.